Fortescue Metals Group (Fortescue) is pleased to release its FY19 Corporate Social Responsibility Report, detailing the Company’s progress against its three core pillars of setting high standards, safeguarding the environment and creating positive social change.
Chief Executive Officer Elizabeth Gaines said, as a proud West Australian company built on a foundation of a unique culture and values, Fortescue’s focus is to ensure communities benefit from the growth and development of its business.
“At the heart of our approach to building sustainable communities is empowerment and an emphasis on practical initiatives that create economic opportunities through training, employment, local sourcing, and the support of community programs,” Ms Gaines said.
“We are one of the largest employers of Aboriginal people and provide unprecedented opportunity for business development through our Billion Opportunities procurement program, which reached A$2.3 billion in contracts awarded to Aboriginal businesses and joint ventures since 2011.
“During FY19, we welcomed the introduction of the Australian Modern Slavery Act 2019 act as an important step in harnessing the power of Australian business to eradicate modern slavery in global supply chains.”
Ms Gaines noted the significant improvement in the Company’s Total Recordable Injury Frequency Rate (TRIFR) to a record annual low of 2.8 for FY19.
“The health, safety and wellbeing of the Fortescue family is our number one priority, ensuring our people go home safely after every shift,” she said.
Key performance highlights in the FY19 report include: