As the Mardie Salt and Potash Project (Mardie Operation) moves from construction to operations, BCI Minerals is committed to advancing sustainability throughout the Project's lifecycle. This transition brings new sustainability risks and opportunities, requiring a proactive approach to ensure responsible development and long-term value creation.
Sustainability Journey
BCI developed its inaugural Sustainability Strategy in 2022, laying the foundation for sustainability processes, planning, performance, and reporting.
As the Mardie Operation progresses, we continue to refine our approach, ensuring our Sustainability Strategy, goals, and targets remain fit for purpose and aligned with the scale and nature of the business. In 2024, BCI completed a review of our Environmental and Social Management System (ESMS) including our previous Sustainability Strategy.
A key outcome of this review was the recognition of the need to conduct a materiality assessment to ensure our sustainability priorities aligned with stakeholder expectations, regulatory requirements and business needs. In February 2025, BCI completed a double materiality assessment, marking an important milestone in our sustainability journey. This structured process identified and prioritised the ESG risks and opportunities most significant to BCI and its stakeholders.
Materiality Matrix
The double materiality matrix was developed using results from the materiality assessment. The seven topics highlighted represent the highest priority material issues. While the full matrix is not shown here, these topics were identified as most significant to both BCI and its stakeholders and therefore are the focus of this strategy.
Additionally, two topics, Diversity, Equity and Inclusion and Climate Adaptation and Resilience were identified as emerging material topics by the Board and Senior Leadership. Although these were rated just below the materiality threshold by stakeholders, the Company recognises their critical importance to the project. As such, these topics have been elevated to priority one status, reflecting BCI’s proactive commitment to addressing emerging risks and opportunities essential for sustainable growth and in line with stakeholder expectations.
Sustainability Framework
Our updated sustainability framework is structured around four core pillars: People, Environment, Prosperity, and Governance. These pillars form the foundation of our approach to addressing the prioritised material topics. Our framework ensures that our initiatives align with the broader pillars of sustainable development and have been developed based on the outcomes of the materiality assessment.
This approach reinforces our ongoing commitment to sustainability and highlights the interconnected nature of our efforts in delivering meaningful environmental, social, and economic outcomes.
