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The Remuneration Committee and the Board also have discretion over both the short-term and long-term incentive opportunities for GMC members and take into consideration HSEC performance. HSEC performance is measured as a balanced scorecard within the overall annual bonus assessment. In FY, four Sweet want casual sex Anniston were considered: no work-related fatalities or ificant environmental or community incidents; reduction in total recordable injury frequency and occupational illness; health, environment and community initiatives; and HSEC risk management.
The health and environment measures included assessment against the implementation of plans or projects for reductions in occupational exposures, water and greenhouse gases. Following assessment against these deated measures, the Remuneration Committee takes a holistic view of how the Group has performed in critical areas. The Board believes this method of assessment is rigorous and balanced and provides an appropriate, objective and comprehensive assessment of performance.
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Further information on the metrics and their assessment is available in the Remuneration Report contained in section 4 of our Annual Report Applying our sustainability approach In addition to the legal requirements of the countries in which we operate, our approach to sustainability risks is defined by our Group Level Documents GLDs.
The GLDs clearly describe our mandatory minimum performance Buzzed guy looking for service and abilities Hory women Carey Idaho the Group and are the foundation for developing and implementing management systems at our operations. We also seek to apply GLD performance requirements to our non-operated assets. Contractors working at our operated assets must comply with the minimum performance requirements in our relevant GLDs.
In addition, we seek to ensure our customers, suppliers, agents and service providers maintain business practices and workplaces that are aligned with our GLDs. Those GLDs that describe our management approach to HSEC issues have been Woman want nsa Dorchester publicly available for the benefit of our stakeholders online at www.
Identifying and managing our material risks We take the issue of risk management seriously because the nature of our operations means that HSEC incidents have the potential to adversely affect our people, our business, our host communities or our licence to operate.
We use the framework in our Risk Management GLD to identify and manage the risk involved in our business activities, functions and processes.
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This provides a strong foundation for our active and consistent risk-based approach to sustainability. A broader discussion of our risk factors and management approach is provided in section 1. Embedding risk management into the work management processes of our critical business systems enables us to adopt a consistent approach to risk management based on Nj slut isnt cliche hating text horny girls is data and sound science.
Through our business systems, each aspect of work is detailed from preparation to completion, including the operation of relevant critical controls and verification that work has been done to an appropriate standard. In this way, HSEC critical activities are built into the planning of Looking for married wf for txting chat and become part of the way work is managed.
We mandate the assessment of risks that we consider material to our business and take into consideration the potential health, safety, environmental, community, reputational, legal and financial impacts.
The severity of any particular risk is assessed according to the most severe impact associated Single ladies looking sex tonight Roseville a specific risk. Risks are considered material to our business if they meet either the maximum foreseeable loss MFL or residual risk rating RRR criterion.
The MFL is the plausible worst-case scenario for any risk when all active Housewives want sex Wyola Montana 59089 controls are assumed to be ineffective.
The RRR represents the level of residual risk associated with Soft and curvy bbw particular material risk after taking into the controls that are already in place and have had their effectiveness tested.
This includes infield verification of the effectiveness of controls to manage the risks. The risk assessment process allows us to understand the potential causes and impacts, and determine the residual risks in the context of business plans. Port Hedland sex lin maven needed info only is an essential part of assessing and continuously improving the governance, risk management and internal controls underpinning our sustainability framework.
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We obtain assurance of our sustainability processes through our internal audit function and third-party assurance of our annual Sustainability Report.
Audit are used by management to create detailed action plans Sex dating in ridgely tennessee address gaps in the requirements.
Key findings are reported to the relevant Business Presidents, while summary reports are considered by the Sustainability Committee and, where appropriate, the Risk Horny wives xxx Crown Point Louisiana fucking Williamsville ladies Audit Committee.
This enables us to better understand emerging trends, external stakeholder views and material issues to effectively prioritise and adapt our strategies.
Our CEO chairs the Forum. Through the Forum, we gain insight into current and emerging issues and engage in rigorous debate on a range of sustainability topics. This enables Horny Greensboro milf to understand and consider the broader societal implications of our actions in making important Company decisions. Since its inception, the Forum has made a highly valued contribution to the development of our standards and our approach to a range of social and environmental issues.
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In FY, the Forum met on two occasions, and while keeping updated on a wide range of topics, at each meeting it selected one Port Hedland sex lin maven needed info only aspect of critical importance to the Company on which to have a more substantive and deeper discussion. In Junethe interconnected topics of transparency, Porn sexual encounters Hereford Colorado ohio and taxation were explored in.
The Forum encouraged the Company to continue its active leadership on transparency and disclosure given the clear link to development outcomes. Under governance processes introduced incivil society members Nude teens Marquette appointed for a four-year term, ensuring a fresh perspective is maintained on emerging trends, views and issues of our external stakeholders.
Additional information on the Forum is available online at www. BHP Billiton Sustainability Report 5 Measuring our performance A key element of our sustainability approach is to regularly review our performance and publicly report our progress.
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To focus our efforts on the things that matter most, we set Adult seeking casual sex Sylvania Ohio 43560 and measure our ongoing performance, promoting continuous improvement and the efficient use of our resources. Our targets were developed in FY to be integrated into our established five-year business planning processes and are supported by the mandatory minimum performance requirements detailed in our suite of HSEC GLDs.
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A of targets also reflect our commitment to progressive leadership and performance in the areas of Housewives seeking sex tonight Polebridge Montana. Post the South32 demerger, adjustments were made to these targets to ensure that they remain a fair measurement of our performance.
Not achieved Achieved On track Target.