Climate change
Climate change remains a a material risk and a critical area of focus for Aurelia. We acknowledge the importance of achieving the objectives in the Paris Agreement to limit global warming to less than a 2-degree Celsius increase. This is reflected in our Sustainability Strategy where energy use intensity has been identified as a key opportunity for our business.
We are committed to building resilience to climate change risks through minimising and managing greenhouse gas (GHG) emissions and other climate change related impacts. We manage risk (including climate change risk) in accordance with our risk management framework.
As an energy intensive business, we look at opportunities to improve carbon efficiency. As Aurelia’s Vision and Strategy is based on growing the business both organically (through exploration) and inorganically (through acquisitions), our GHG emissions and energy use will increase.
We are committed to meeting the requirements of ASRS 1 and ASRS 2 as we acknowledge that climate change presents many risks for Aurelia. However, given our enviable portfolio of future facing-metals (especially copper and zinc), it also presents many opportunities for Aurelia as the world moves towards renewable energy.
In FY25, we will be maturing our monitoring and reporting systems to allow us to identify and implement future energy efficiency opportunities.