Materiality Process

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:

1Work health and safety
2Water use
3Impact on biodiversity
4Energy use
5Emission levels
6Waste and hazardous materials management
7Sustainable supply chain
9Indigenous rights
10Labour 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.