Commitments Recognition Memberships

2023 Sustainability Report
Sustainability Case Studies
FY23 ESG Performance Data

We participate in external third-party performance benchmarking initiatives and Sustainability related assessments, including environment, social and governance (ESG) ratings agencies. The higher levels of transparency have been recognised through improvements in our ESG scores by key ESG ratings agencies. We proactively participate in a range of Sustainability surveys, including participation in the Australasian Reporting Awards, to help inform understanding and improve our Sustainability performance.

Evolution's ESG performance

Agency FY23 score FY22 score FY21 score

Sustainalytics

29.8

29.2

40.4

MSCI

AA

AA

AA

S&P Global

57

53

51

ISS

Environment: 1
Social: 2

Environment: 1
Social: 2

Environment: 6
Social: 8

Commitments and Recognition

S&P Global
S&P Global Corporate Sustainability Assessment: 7% improvement in year-on-year score. In September 2022, a score of 57 was achieved (industry average of 33) based on FY21 disclosures. Evolution is one of only three gold companies on the Dow Jones Sustainability Index Australia.

MSCI1

MSCI rating score of ‘AA’ for resilience to long-term ESG risks. A high rating of AA (on a scale of AAA-CCC) was maintained in FY23, scoring 5.7 compared to the industry average of 4.4. We were placed among the top quartile for Corporate Behaviour, Corporate Governance, Labor Management, and Health & Safety.

ISS ESG
Maintained low-risk ESG scores, including maintaining a Level 1 for ‘Environment’ and 2 for ‘Social’ 2 (scale from 10-1 with “1” being the highest possible rating).

Sustainalytics2

Maintained a ‘Medium Risk’ Rating with ’29.8’ in FY23 (on a scale of 0-40+ with ‘0’ being ‘negligible risk’ (best) and ‘40+’ being ‘severe risk’ (worst). This is a slight decline in scoring from ’29.2’ in FY22. Evolution was ranked in the top 25th percentile globally. We were ranked 35 out of 120 companies in the precious metals industry and 23 out of 91 in the gold subindustry.

United Nations Global Compact
Evolution is proud to be a signatory of the UNGC since FY21, joining the global business community in a commitment to sustainable business practices, aligning our strategies with the UNGC’s Ten Principles on human rights, labour, the environment and anti-corruption, the United Nations Sustainable Development Goals (SDGs) and related 2030 SDG targets. The Sustainability Principles align with the UNGC Principles and SDGs.

United Nations Global Compact
Evolution is proud to be a signatory of the UNGC since FY21, joining the global business community in a commitment to sustainable business practices, aligning our strategies with the UNGC’s Ten Principles on human rights, labour, the environment and anti-corruption, the United Nations Sustainable Development Goals (SDGs) and related 2030 SDG targets. The Sustainability Principles align with the UNGC Principles and SDGs.

Sustainability Advantage
Bronze Partner of Sustainability Advantage, a program of the NSW Government’s Office of Energy and Climate Change since December 2022.

Australian Association of Graduate Employers
In 2023, Evolution was named as an Australian Association of Graduate Employers (AAGE) Top Graduate Employer. This places Evolution 35th in Australia overall, the highest within the mining industry. Since 2013, Evolution has welcomed over 100 graduate recruits across a range of disciplines, skills and experiences, to gain industry experience and contribute to company culture. In FY23, Evolution welcomed 18 new graduates in roles across the business. We are eager to continue to challenge our graduates and ensure Evolution is the highlight of their career.

  1. The use by Evolution of any MSCI ESG Research LLC or its affliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Evolution by MSCI. MSCI services and data are the property of MSCI or its information providers and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI
  2. Copyright ©2021 Sustainalytics. All rights reserved. This section contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third-party suppliers (Third-party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers

Memberships and Industry Associations

Involvement with memberships and industry associations enables us to keep current regarding matters of public policy, emerging sector and sustainability trends, regulatory updates, stakeholder interests and the sharing of industry best practices. We may not align with every element of an association’s public position, but where we believe there is a benefit in constructive dialogue or advocacy, we will maintain our membership.

In FY23, Evolution was a member of, or participant in, associations listed below.

Organisation Board Representation Health, Environment and Community Representation

New South Wales Minerals Council

Yes

Yes

Queensland Resources Council
Yes

Yes

Chamber of Minerals and Energy of Western Australia

No
Yes

Gold Industry Group (Australia)
Yes
Yes

Lake Cowal Foundation (Australia)
Yes
Yes

Ontario Mining Association (Canada)
No
Yes

West Wyalong Advocate

Yes

N/A

NSW Government Sustainability Advantage

N/A

Yes

United Nations Global Compact

No

Yes (Modern Slavery Communities of Practice)

Electric Mine Consortium

N/A

Yes

2023 Sustainability Report

SEE FULL REPORT

FY23 ESG Performance Data

Find out more

ESG and Regulatory Reporting

FIND OUT MORE

Codes, Policies & Standards

FIND OUT MORE

Sustainability Case Studies

FIND OUT MORE

Tailings Dam Management Disclosure 2023

Find out more

Climate Risk Position Statement

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Modern Slavery Statement

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