2021 Annual Report

Business Integrity These, in turn, form our judgements about both desirable and undesirable behaviour. Important among desirable behaviour is the expectation that we act with honesty, transparency and accountability. We seek to do business with others who are aligned with our values and act accordingly. To give effect to these expectations, we have established structures and processes with the intent of ensuring business integrity. The central elements are IGO’s Code of Conduct, our governance process, our risk management process, and our compliance and systems, which have been established to drive continual improvement. CODE OF CONDUCT IGO operates under a Code of Conduct which reflects our values and represents our commitment to uphold the highest ethical business practices. Our Code of Conduct provides guidance on how our values should be put into practice and guides the standard of behaviour expected from our people. The Code applies equally to our Board, our employees, our suppliers and our contractors. IGO’S MANAGEMENT SYSTEM IGO maintains a Management System based on AS/NZS ISO standards and is informed by a hierarchy of processes and is structured to drive continual improvement prioritised on risk. IGO has two well-established assurance processes to ensure the ongoing integrity of our systems. IGO’s corporate assurance program, which comprises internal and external audit, operational reviews and inspections, and IGO’s whistleblower process. RISK MANAGEMENT We safeguard our people, assets, legal position, reputation and the environment by understanding and managing risk, as well as ensuring we identify opportunities to best serve the long- term interest of all our stakeholders. Risk management at IGO is overseen by the Board through the Audit and Risk Committee. IGO’s Risk Management Process is based on a three-level hierarchy process as depicted by the graphic above. SUPPLY CHAINS AND MODERN SLAVERY Our supply chain partners are crucial to IGO’s success. Our approach to responsible sourcing is aligned to our purpose and strategy – ensuring the quality products we supply are made safely, ethically, sustainably and reliably. In line with our Code of Conduct, we expect all suppliers to maintain the highest standard of ethical behaviour in business dealings. In FY21, IGO released our first Modern Slavery Statement, which can be found under the Governance section on our website. HUMAN RIGHTS IGO is committed to upholding the fundamental human rights of all people we engage within our business. We aspire to be a business which recognises and respects the rights and dignity of all people by putting in place policies and procedures which aim to stamp out unethical practices in our global supply chains and by ensuring all our people are free to operate in an inclusive environment regardless of race, religion, marital status, political beliefs or experience. A copy of our Human Rights Policy can be found under the Governance section on our website. PRIVACY At IGO, we are committed to respecting the privacy of personal information of any individuals who deal with IGO and will limit the gathering of our people’s personal information to that required to fulfil our obligations in law and our governance duties. IGO endeavours to protect personal information and prohibit unlawful distribution or use of that information and will use personal information only for the purpose for which it was originally collected or requested unless it has the consent of the individual to do otherwise. TAX TRANSPARENCY During FY21, we released our Tax Transparency Report for FY20 which includes details on our approach to tax strategy and governance, effective tax rates and tax contribution summaries. The report was prepared in conformance with the recommendations of the Board of Taxation’s Voluntary Tax Transparency Code. Our FY21 Tax Transparency Report will be released in November 2021 and will be made available on our website. Further details on IGO’s Corporate Governance Framework can be found on pages 33 to 35. At IGO, our clarity of purpose and strategy is underpinned by a commitment to conduct business in accordance with our values. Our Sustainable Business Personal Risk Management Risks that are focused solely on the safety of individuals in the workplace Operational and Project Risk Management Risks that have the potential to materially impact individual sites or projects Business Critical Risk Management Risks that have the potential to materially impact our business 32 — IGO ANNUAL REPORT 2021