Every two years, we undertake a materiality assessment with the assistance of external consultants. Our most recent assessment was undertaken for our FY22 Environmental, Social and Governance (ESG) Report.
The assessment is conducted using the online questionnaire-based Materiality Assessment Tool (MAT) in combination with a series of interviews. Input is sought from key stakeholders including the board, investors, shareholders, customers and employees.
The materiality assessment included economic, environmental and people (including humans rights) topics drawn from the Global Reporting Initiative (GRI) Standards 2021 and GRI G4 Mining and Metals Sector Standard.
The process helps us to define our most material focus areas, which are inextricably linked to our ESG strategy and performance.
In FY23, our ESG Report was based upon the following material topics:
| 1 | Work health and safety |
| 2 | Water use |
| 3 | Impact on biodiversity |
| 4 | Energy use |
| 5 | Emission levels |
| 6 | Waste and hazardous materials management |
| 7 | Sustainable supply chain |
| 8 | Non-discrimination |
| 9 | Indigenous rights |
| 10 | Labour and management relations |
These topics reflect what is of critical importance to Liontown achieving its goals and form the basis of our ESG focus and reporting.