ESG Reporting – A Performance Focus

ESG Software for Mining and Contracting

ESG reporting – Environment, Social, Governance.

The term ESG was first mentioned in the 2006 United Nation’s Principles for Responsible Investment (PRI) report. ESG aims to establish consistent reporting standards so businesses can be compared in relation to their ESG performance. Each business will determine the importance of aligning with ESG reporting standards based on its priorities and the investment, performance and risk model it wishes to project.

There are a range of reporting standards that organisations might follow such as:

  • GRI: the global reporting initiative – founded in 1997, Boston.
  • SASB: Non profit, founded in 2011: Administered by the International Sustainability Standards Board (ISSB) of the IFRS Foundation.

Larry Fink (Blackrock) and Warren Buffet (Berkshire Hathaway) manage large investment portfolios on behalf of their customers. They have projected contrasting attitudes to ESG reporting:

Larry Fink in his 2020 Letter to CEOs:

“We have seen a surge of clients looking for investments in energy renewables and we think that will continue. Blackrock as a founding member of the Task Force on Climate-related Financial Disclosures (TCFD). Every government, company and shareholder must confront climate change.”

“A pharmaceutical company that hikes prices ruthlessly, a mining company that shortchanges safety, a bank that fails to respect its clients – these companies may maximize returns in the short term. But, as we have seen again and again, these actions that damage society will catch up with a company and destroy shareholder value. By contrast, a strong sense of purpose and a commitment to stakeholders helps a company connect more deeply to its customers and adjust to the changing demands of society. Ultimately, purpose is the engine of long-term profitability.”

Fink Letter to CEOs >>
Warren Buffett on ESG Reporting

“I think we measure up well, but we don’t prepare reports for anyone that asks about it. We are very careful in selecting the right people. We want our managers to do the right things, we give them enormous latitude. We think our batting average on ESG is good, but, we keep expenses and needless reporting down to a minimum at Berkshire.”

Buffet Interview on ESG >>

ESG – A Performance-Based Approach

At PeopleTray we believe sound Australian ESG performance is achieved firstly by striving for continuous improvement in production performance, compliance, safety, risk and obligations management. For some businesses, and especially larger businesses this may require special policies, data capture and reporting to align with ESG reporting standards. Either way, ESG reporting stands on the shoulders of sustainable, compliant, safe and risk managed business performance, growth and profits.

PeopleTray provides mining and contracting management teams a framework that supports the business objectives, while capturing the data and providing visibility of performance, that feed into ESG reporting:

  • Continuous improvement in Safety, Risk and ESG Obligations management.
  • Consistent production performance, and trusted (auditable) production reporting.
  • Efficient FIFO management, compliance and training with optimal use of resources, and positive workforce mental health.
  • Paperless capture of data from workers – instant visibility and managed response to issues raised by workers.
  • Efficient management of Equipment, including pre-starts, maintenance and repairs.  

In ESG terms, PeopleTray is a modern, flexible Cloud and Mobile framework to help businesses achieve:

  • Growth, consistent profitability, efficiency and sustainability.
  • Compliance with Customer, Shareholder, Stakeholder and Regulator obligations.
  • Flexible reporting including standard and configurable reports and API’s to pull data into corporate reporting tools such as Power BI, including ESG Reporting.

Importantly, PeopleTray gives managers and executives Visibility of the business, its risks and performance, together with Communication mechanisms to ensure the workers and management teams are informed and fully engaged:

Visibility of Operations

  • Safety and Compliance Events – real time view of safety and compliance with notifications and corrective actions management.
  • View Daily Checklists coming into PeopleTray with visibility of non-conformances raised within that data.
  • Overview of Actions and Jobs that are assigned to team members to address production issues, risks and non-conformances (ESG) as they arise.
  • Risks, including the progression of the business risk profile and timelines of how specific risks are evolving.
  • Compliance and Training status of your workforce.
  • Visibility of observations and measurements related to worker health, the environment and production quality to support timely, effective management decisions.

Communication and Engagement

Engagement via Communication with workers and contractors using email, SMS, and two-way information transfer with workers via the PeopleTray Mobile App, including:

  • Roster, flight and room bookings.
  • Safety alerts.
  • Procedure Documents.
  • Compliance and Training status.

Engagement via efficient paperless capture of data from workers using the PeopleTray Mobile App for:

  • Equipment Prestarts, Take 5’s
  • Reporting production issues such as bottlenecks, breakdowns, slow progress.
  • Reporting perceived risks, hazards and worker concerns related to ESG.
  • Inductions.
  • VOC’s.
  • PPE distribution.
  • Vaccinations.
  • Drug and Alcohol tests.
  • Health self assessments.

Best Practice ESG Software

Recognising the importance of visibility, communication and engagement, PeopleTray provides the mining and contracting business best practice tools for:

  • People Compliance, Training and Procedures management.
  • Rosters, travel and camp management.
  • Production tracking and reporting – single source of truth, auditable.
  • Plant and Equipment inspections, job cards, repairs and maintenance.
  • Contractor, Stakeholder, Regulator and Customer management.
  • Safety, Health and Risk Management.
  • Environmental and Health monitoring. *
  • Recruitment and efficient onboarding of new people.

* Environmental Monitoring available September 2023.

PeopleTray Team
+61 8 6555 7793
Perth, Australia
Contact PeopleTray