Sustainable Development
Centennial Coal values its role in sustainable development and will manage all aspects of its activities to consider environmental, economic and social benefits. We are committed to our operations and to continual improvement in health, safety, environment and community management and performance.
CENTENNIAL’S APPROACH TO SUSTAINABLE DEVELOPMENT
The following five key aspects of Sustainable Development encapsulate Centennial’s approach:
- Health & Safety
- Our People (Internal Community)
- External Community
- Environment
- Climate Change
For Centennial, sustainability is the interaction of key matters that are related and/or consequential to the Centennial Group’s Mission of maximising Shareholder value. The journey toward achievement of true sustainability requires that these key aspects of sustainable development are addressed and monitored within a governance system – underpinned by the highest standard of business ethics and transparent communication.
During the 2010 financial year, the Group’s Sustainable Development Strategy will be further developed, with key performance indicators to measure Centennial’s sustainability journey implemented.
Environmental Management
Directors and Management recognise that Centennial Coal's environmental responsibilities go beyond those required under statutory regulations and encompass its social obligations to achieve sustainable development and minimise environmental impacts associated with each operation.
Click here for more on Centennial Coal's Environmental Management.
Community Relations
Centennial recognises both our local neighbours and the broader community as important stakeholders in our business and we aim to maintain effective working relationships with these stakeholders.
Centennial actively participates in Community Consultative Committees at Newstan, Lambert's Gully, Clarence, Mannering, Angus Place, Mandalong and Charbon Collieries.
New Projects
Centennial has a number of undeveloped coal reserves. These are being progressively developed in line with market demand. Centennial aims to develop new projects in a manner that achieves a balance with economic, environmental and social aspects.
Climate Change
Climate Change response is an important aspect of our business that presents both challenges and opportunities. Centennial believes that our greenhouse gas emissions can be reduced, mitigated and offset to near neutral and also that coal will remain a significant energy source in a carbon constrained future and as such low emission technologies are essential. Consequently Centennial is implementing a Climate Change strategy that combines strategic, operational, commercial and technical aspects of climate change.
Climate Change Response Policy
Energy Efficiency Opportunities Public Report
