BHP

RATING

SECTOR

Basic Materials

WEBSITE

CONTACT

Global Headquarters,
BHP Group Limited. 171 Collins Street. Melbourne Victoria 3000.
Phone. (61 3) 1300 55 47 57.
Phone international. (61 3) 9609 3333
Fax. (61 3) 9609 3015

STOCK EXCHANGE

LISTING

N/A

EMPLOYEES

60,644

CHIEF SUSTAINABILITY OFFICER

N/A

AWARDS

N/A

CONTENT SOURCE

FURTHER READING

BHP

SECTIONS :  Sustainability    Evaluation  •  Progress  •  Watch  •  Overview

Company Activity

BHP is a world-leading resources company. They extract and process minerals, oil and gas, with more than 72,000 employees and contractors, primarily in Australia and the Americas. BHP products are sold worldwide, with sales and marketing led through Singapore and Houston, United States. Their global headquarters are in Melbourne, Australia.
 
They operate under a Dual Listed Company structure with two parent companies (BHP Group Limited and BHP Group Plc) operated as if they were a single economic entity, referred to as BHP. BHP is run by a unified Board and management.
 
According to their website, BHP’s corporate purpose is to bring people and resources together to build a better world. They do this through our strategy: to have the best capabilities, best commodities and best assets, to create long-term value and high returns.
 
They are among the world’s top producers of major commodities, including iron ore, metallurgical coal and copper. BHP also have substantial interests in oil, gas and energy coal.
 

Company Sustainable Activity

According to the company, they have endeavored to provide within their report a balanced picture of progress to date as well as key areas for improvement. BHP voluntarily disclose data to be transparent and keep themselves accountable. The data and information published in the report serve as an important record of how BHP is performing from year-to-year around themes that are critical to a sustainable future. These themes are both global in nature (such as how they can respond to the impacts of climate change) and more locally focused (such as rehabilitating the natural environment and supporting the communities where they operate). 
 
For ease of reference, data is presented in their report in the following sections:
• sustainability approach gives an overview of their actions and strategy, as well as responding to issues of public interest, such as response to the Fundão tailings dam failure in Samarco in 2015 and subsequent steps toward rehabilitation of the area and resettlement of the community. In this section, BHP also disclose their approach to tailings dam management.
• Health and safety  discloses data around the health and safety of their workforce. Safety is always the top priority.
• Environment shows how BHP works to minimise environmental impacts from operations, tracks environmental performance and tells how they look beyond their own operations to support conservation, the sustainable use of natural environments and how they contribute to resilient natural ecosystems for future generations.
• Climate change discloses data on GHG emissions and how they manage climate-related risk.
• Water discloses data on water use, performance and interactions, which follows on from their inaugural BHP Water Report in 2018.
• The closing three sections of their Report focus on fostering ethical and respectful relationships with their people; and the communities, small businesses, Indigenous peoples and governments of the regions in which they operate.
These sections are:
– Society addresses community concerns, respecting human rights, their social investment and recognising the traditional rights of the Indigenous peoples who are the custodians
of the land on which they operate.
– People tell how they support their global workforce’s wellbeing and promote an inclusive and diverse corporate culture. According to their website, they are tracking against their aspirational goal of gender balance by 2025 and outline the steps they are taking to ensure women, Indigenous peoples and LGBT+ people want to work in the resources sector.
– Ethics and business conduct reinforces their  commitment to transparency and outlines governance of Their Code of Conduct, including anti-corruption compliance.

Certificates

N/A

Sustainable Development Goals

How company covers SDGs

N/A

Progress

  • Community investment spend – US$93.5million 
  • Greenhouse gas emissions 3% below FY2017 baseline
  • 1% fresh water withdrawal reduction

BHP follows 3 of the total 17 UN recognized SDGs. They do not have any certifications or awards related to sustainability. They do go into detail about the work they do in terms of sustainability and their achieved SDGs, however they have been investing in the oil and gas industry since the 1960s which greatly affects the environment.

Videos

Share this Post