Evolution Mining Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

An annual assurance plan is approved by the Leadership Team and is submitted to the Risk and Sustainability Committee for endorsement. In FY23, an adjustment was made to the plan with a decision to merge some elements of the FY23 with the FY24 schedule. Findings from the FY23 assurance activity, showed there were areas for improvement identified across the Sustainability portfolio. As part of the assurance process, all operations were required to submit remedial action improvement plans for approval and ongoing tracking and reporting. A leading indicator on ensuring all material and critical actions is integrated into our scorecard and is linked to the remuneration strategy. This reinforces the importance of tracking, reporting and the closure of findings that may arise from audit, incident review or internal/external incidents. In FY23 there were no overdue critical or material actions. This data is also validated and independently audited. [...] The role of the Risk and Sustainability Committee, as set out in its charter, is to advise the Board and oversee the Company's Risk and Sustainability management systems, policies, practices and plans on behalf of the Board and report the results of its activities to the Board is set out in its Charter. The responsibilities of the Risk and Sustainability Committee include oversight of the following areas: Health, Safety and Security; Environment and Tailings Dam Governance; Community and Social Performance; Human Rights; Cultural Heritage; Operational Risk Management; Business Risk Management; and Legal and Regulatory Compliance. [...] The Risk and Sustainability Committee formally reviews and endorses the Report for approval by the Board and ensures that all material topics are covered.

https://evolutionmining.com.au/storage/2023/10/Evolution-Mining-Sustainability-Report-2023.pdf