Page 55 - Annual Report 2020

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Contributing to sustainable development
The UNSDGs (SDGs) are goals to improve the wellbeing of present and future generations. The 17 UNSDGs promote sustainable
development to tackle the world’s most pressing challenges. We recognise that we have the ability to contribute to broader societal goals Strategic Report
with our stakeholders, enabling the creation of mutual benefit. We recognise that our business activities can create negative impacts and
to contribute meaningfully to the SDGs we must consider how we do business. The interconnectedness of the SDGs means that a positive
contribution to one does not compensate for negative impacts in others, so we work to understand the linkages, manage and mitigate our
impacts, and determine how we can make a positive contribution to the SDGs most relevant to our business and social value priorities.
We contribute towards the achievement of the SDGs through:

Our work on inclusion and diversity (refer to Our focus on water stewardship Our work on marine and terrestrial
section 1.6.1 for information on our approach (refer to section 1.7.6 for information biodiversity (refer to section 1.7.6 for
and how we are tracking against our goal of on our approach to water information on our approach to Governance at BHP
achieving gender balance in our workforce management) (SDG 6) biodiversity) (SDGs 14 and 15)
by the end of CY2025) (SDGs 5 and 8)

The taxes and royalties we pay to host Our voluntary social investment Our commitment to the Paris Remuneration Report
governments, the direct and indirect (refer to section 1.7.9 for information Agreement goals and action to reduce
employment opportunities we create on our social investment strategy our operational emissions help to
and our supply chain (refer to section and framework) (SDGs 3, 4 and 11) address emissions in our value chain,
1.4.9 and our Economic Contribution build resilience and enhance the
Report 2020) (SDG 8) global response to climate change
(refer to section 1.7.7 for information
on our approach to value chain
sustainability and 1.7.8 for our
approach to climate change) (SDG 13) Directors’ Report

This approach allows us to work in partnership with others to achieve mutually beneficial outcomes (SDG 17). Financial Statements

Sustainability governance Our stakeholders
BHP’s Board oversees our approach to sustainability. The Board’s BHP is committed to building strong relationships with
Sustainability Committee has oversight of health, safety, our stakeholders to achieve long-term sustainable social,
environmental and community (HSEC) matters and assists environmental and economic outcomes. We actively participate
the Board with governance and monitoring. Members of the in government consultations and voluntary initiatives, and
Sustainability Committee are Non-executive Directors determined engage with industry associations to support positive change
by the Board to have appropriate skills in HSEC matters. and sustainable practices. Locally, our operated assets develop
The members of the Sustainability Committee in FY2020 mutually beneficial relationships with communities and plan,
implement and document stakeholder engagement activities.
were Malcolm Broomhead, Ian Cockerill, Gary Goldberg (from
1 February 2020) and John Mogford. The Committee met five A detailed description of our stakeholders, their interests and Additional information
times during FY2020, three times face to face and twice virtually. how we engage with them is available at bhp.com/sustainability.
The Sustainability Committee also oversees the adequacy of the For information on how the Board engages with key stakeholder
systems to identify and manage HSEC-related risks, and overall groups, refer to section 1.4.3.
HSEC and other human rights performance. The Board’s Risk and
Audit Committee assists with oversight of the Group’s risk
management systems. In FY2020, three of the five Sustainability
Committee meetings included a joint session with the RAC.
For more information, refer to section 2.10.
The Sustainability Committee recommends to the Board the Shareholder information
approval of disclosures regarding sustainability matters in
conjunction with the Annual Report. The Committee also guides the
Remuneration Committee in setting HSEC-related scorecard targets
and evaluating performance against those targets. The Sustainability
Committee also meets with the Forum on Corporate Responsibility,
as described in the Section 172 Statement in section 1.4.3.
For more information about the Sustainability
Committee and its work, refer to section 2.11.

BHP Annual Report 2020 53