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Climate Change

We are committed to understanding and managing our climate related obligations, risks and opportunities as we operate within an increasingly carbon-constrained and changing climate.

MRL is committed to long-term strategy and short-term actions to mitigate the impact of climate risk on shareholder value. Our climate change strategies and reporting are guided by international principles, frameworks, best practice and national regulatory compliance requirements and stakeholder engagement to ensure we take meaningful action to address climate change. Our disclosure primarily uses the recommendations of the Task Force on Climate Related Financial Disclosures (TCFD) as our core framework.

To demonstrate our commitment to climate change, MRL has adopted a Paris-aligned climate-related risk framework and long-term emission reduction target of net zero operational emissions by 2050 – as detailed in our 2021 Sustainability Report – Roadmap to Net Zero Emissions. MRL will utilise its experience gained over three decades of operations and a proven ability to deliver – combined with our build-own-operate (BOO) capability and innovative materials handling solutions – to respond to climate change challenges at our operations and provide mining services solutions to assist the resources industry in its decarbonising efforts.

MRL will continue to review our Roadmap to Net Zero Emissions to remain agile and responsive to technological and commercial advancements better enabling our role in the transition to a low-carbon economy. We will be assessing our performance against this roadmap and report our progress on an annual basis.