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GRI Content Index

Paladin has self-assessed its 2016 Sustainability Report to be “in accordance” with the Core option of the GRI G4 Guidelines.

GRI offers two options to an organisation in order to prepare its sustainability report ‘in accordance’ with the G4 Guidelines: the Core option and the Comprehensive option. The options do not relate to the quality of a report or to the performance of the reporting organisation. Rather, they reflect the extent to which the Guidelines were applied. The reporting requirements for each option are set out in Table 31 and the GRI Content Index is set out in Table 32

Table 31. Required General and Specific Standard Disclosures

General and Specific
Standard Disclosures
'In accordance' - Core
(This information should
be disclosed in all cases)
'In accordance' - Comprehensive
(This information should be
disclosed in all cases)
Strategy and Analysis G4-1 G4-1, G4-2
Organizational Profile G4-3 to G4-16 G4-3 to G4-16
Identified Material
Aspects and Boundaries
G4-17 to G4-23 G4-17 to G4-23
Stakeholder Engagement G4-24 to G4-27 G4-24 to G4-27
Report Profile G4-28 to G4-33 G4-28 to G4-33
Governance G4-34 G4-34
G4-35 to G4-55(*)
Ethics and Integrity G4-56 G4-56
G4-57 to G4-58(*)
General Standard
Disclosures for Sectors
Required, if available for the organization's sector(*) Required, if available for the organization's sector(*)
Generic Disclosures on Management Approach For material Aspects only(*) For material Aspects only(*)
Indicators At least one indicator related to each identified material Aspect(*) All indicators related to each identified material Aspect(*)
Specific Standard
Disclosures for Sectors
Required, if available for the organization's sector and if
material(*)
Required, if available for the organization's sector and if
material(*)

(*) For Standard Disclosures with (*), reasons for omissions may apply in exceptional cases.

For further information on GRI, the G4 Guidelines and Sector Disclosures please go to www.globalreporting.org

References to Paladin’s Annual Report 2016 in the below GRI Index Table are based on the 2016 Annual Report and Financial Statements PDF which can be downloaded from Paladin’s website here: http://www.paladinenergy.com.au/financial-reports.

Table 32: GRI Content Index

GENERAL STANDARD DISCLOSURES

General Standard Disclosures

Description

Page Number (or Link)
Information related to Standard Disclosures required by the ‘in accordance’ options may already be included in other reports prepared by the organization. In these circumstances, the organization may elect to add a specific reference to where the relevant information can be found.

External Assurance
Indicate if the Standard Disclosure has been externally assured.

If yes, include the page reference for the External Assurance Statement in the report.

STRATEGY AND ANALYSIS

G4-1 Statement from the most senior decision-maker of the organization Message from the Chairman (p. 2) No
ORGANIZATIONAL PROFILE
G4-3 Name of the organisation About Paladin (p. 3) No
G4-4 Primary brands, products and services About Paladin (p. 3) No
G4-5 Location of the organisation's headquarters About Paladin (p. 3) No
G4-6 Number of countries where the organisation operates, and names of countries with either significant operations or that are specifically relevant to the sustainability topics covered in the report About this Report (p. 1)
About Paladin (p. 3)
The Report focuses on Paladin's operations, Langer Heinrich Mine (LHM) and Kayelekera Mine (KM), and not its exploration sites.
No
G4-7 Nature of ownership and legal form About Paladin (p. 3) No
G4-8 Markets served All uranium concentrates are sold solely for use as fuel in commercial nuclear power reactors in accordance with international nuclear non-proliferation rules, and are shipped directly to conversion plants in France, Canada or the USA. Product is consumed in major global markets including Asia, Europe and North America. No
G4-9 Scale of the organization About Paladin (p. 3)
For sales volume data please refer to the Paladin 2016 Annual Report  (p. 30)  http://www.paladinenergy.com.au/financial-reports   
No
G4-10 Total number of employees by employment type, employment contract and region, broken down by gender Diversity and Equal Opportunity (p. 28)
There are no significant seasonal variations in employment numbers.
No
G4-11 Percentage of total employees covered by collective bargaining agreements At the end of the reporting period, 152 (14%) are signed up members of an independent trade union Mineworkers Union of Namibia. 238 (24%) employees at LHM are covered by collective bargaining agreements. The Local Staff Association (LSA) representative body that was in place during operations at KM no longer exists due to the low number of personnel remaining on site whilst on care and maintenance.. No
G4-12 Description of the organization’s supply chain Upstream (i.e. suppliers): See Procurement Practices (p. 48) No
G4-13 Significant changes during the reporting period regarding the organisation’s size, structure, ownership, or its supply chain
  • Paladin's Malawian operation KM was on care and maintenance for the entire reporting period.
No
G4-14 Explanation of whether and how the precautionary approach or principle is addressed by the organisation Paladin addresses the precautionary principle through the Company’s risk and impact assessment and associated management processes. More information on Paladin’s risk management can be found in the Paladin 2016  Corporate Governance Statement  http://www.paladinenergy.com.au/corporate-governance    No 
G4-15 Externally developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes or which it endorses

MCA Uranium Forum Code of Practice and Stewardship (formerly the Australian Uranium Association),  and the Australian Africa Mining Industry Group (AAMIG).

No
G4-16 Memberships of associations (such as industry associations) and national or international advocacy organisations

Sustainability and Governance at Paladin - Industry Participation (p.6)
Please also refer to the Paladin 2016 Annual Report (pp.42): http://www.paladinenergy.com.au/financial-reports  

Note: Paladin considers all its memberships as strategic.

No
IDENTIFIED MATERIAL ASPECTS AND BOUNDARIES
G4-17 All entities included in the organization’s consolidated financial statements or equivalent documents including indication which of these are not covered by the report This Report covers all entities that were in operation producing uranium during the reporting period and previously produced uranium, but excludes those that are currently still in development. See Paladin 2016  Annual Report (p. 10): http://www.paladinenergy.com.au/financial-reports Yes – financial content in the Annual Report is externally assured
G4-18 Process for defining the report content and the Aspect Boundaries Materiality (p. 10) No
G4-19 Material Aspects identified in the process for defining report content Materiality (p. 10) No
G4-20 Aspect Boundary within the organisation for each material Aspect All aspects presented in the Materiality (p. 10) section of this Report are material for both of Paladin's operations included in the scope of this Report. No
G4-21 Aspect Boundary outside the organisation for each material Aspect All aspects presented in the Materiality (p. 10) section of this Report are relevant beyond and outside of Paladin's operations to the extent to which they may affect or be affected by stakeholders external to the Company. Each Report section discussing a material aspect references relevant stakeholders which for KM will predominantly be based in Malawi and for LHM in Namibia. No
G4-22 Effect of any restatements of information provided in previous reports, and the reasons for such restatements There restatements provided in this report compared to the previous report are not considered material. Wherever general management approaches are disclosed that have not changed since the last reporting period such descriptions have not substantially changed from previous reports. No
G4-23 Significant changes from previous reporting periods in the Scope and Aspect Boundaries Not applicable No
STAKEHOLDER ENGAGEMENT
G4-24 List of stakeholder groups engaged by the organisation Stakeholder Engagement (p. 8) No
G4-25 Basis for identification and selection of stakeholders with whom to engage Stakeholder Engagement (p. 8) No
G4-26 Approaches to stakeholder engagement, including frequency of engagement by type and by stakeholder group Stakeholder Engagement (p. 8)
Sustainability and Governance at Paladin - Industry Participation (p. 7)
No
G4-27 Key topics and concerns that have been raised through stakeholder engagement, and how the organization has responded to those key topics and concerns, including through reporting. Stakeholder Engagement (p.8, p.9)/Local Communities  (p. 35)
External stakeholder engagement is on-going but was not undertaken specifically for the Report preparation process.
No
REPORT PROFILE
G4-28 Reporting period (such as fiscal or calendar year) for information provided The reporting period for this Report is the 2014/15 financial year starting 1 July 2015 and ending 30 June 2016. No
G4-29 Date of most recent previous report (if any) This is Paladin's fifth Sustainability Report. The last report was prepared for the 2014/15 financial year. No
G4-30 Reporting cycle (such as annual, biennial) Paladin aims to produce its Sustainability Report on an annual basis. No
G4-31 Contact point for questions regarding the report or its contents See contact details in the Feedback section of the report (p, 70). No
G4-32 ‘In accordance’ option chosen for the report GRI Content Index (p. 51) (this table)
Paladin has chosen the 'in accordance' - core option of reporting for its first G4 report (this Report).
No
G4-33 Policy and current practice with regard to seeking external assurance for the report Paladin has not sought external assurance for this Sustainability Report or any data herein.   Paladin may consider assurance of its report in the future. No
GOVERNANCE
G4-34 Governance structure of the organisation, including committees of the highest governance body and any committees responsible for decision-making on economic, environmental and social impacts

Sustainability and Governance at Paladin (p.6)
Please also refer to the following sections of the Paladin 2016  Corporate Governance Statement http://www.paladinenergy.com.au/corporate-governance  including information on
• Board of Directors and  
• Board Committees

No
ETHICS AND INTEGRITY
G4-56 Values, principles, standards and norms of behaviour such as codes of conduct and codes of ethics

Please  refer to the Paladin 2016  Annual Report (http://www.paladinenergy.com.au/financial-reports):  Corporate Values (p.4)  and the Corporate Governance Statement  http://www.paladinenergy.com.au/corporate-governance  

To access Paladin's systems, including Paladin's Code of Business Conduct and Ethics, policies and other documents, please see Paladin's website (Corporate Governance): http://www.paladinenergy.com.au/corporate-governance

No

 

SPECIFIC STANDARD DISCLOSURES
DMA and Indicators Description Page Number (or Link)
Information related to Standard Disclosures required by the ‘in accordance’ options may already be included in other reports prepared by the organization. In these circumstances, the organization may elect to add a specific reference to where the relevant information can be found.
Identified Omission(s)
In exceptional cases, if it is not possible to disclose certain required information, identify the information that has been omitted.
Reason(s) for Omission(s)
In exceptional cases, if it is not possible to disclose certain required information, provide the reason for omission.

External Assurance
Indicate if the Standard Disclosure has been externally assured.

If yes, include the page reference for the External Assurance Statement in the report.

CATEGORY: ECONOMIC
MATERIAL ASPECT: ECONOMIC PERFORMANCE
G4-DMA Generic Disclosures on Management Approach

See the Paladin 2016  Annual Report (pp 28-39) http://www.paladinenergy.com.au/financial-reports 

• Direct economic value generated (revenue) (p.28)
• Economic value distributed (p. 33)

N/A N/A No
G4-EC1 Direct economic value generated and distributed

See the Paladin 2016  Annual Report  (pp. 28-39): http://www.paladinenergy.com.au/financial-reports
Local Communities - Community Development and Contributions to Local Economies (p. 37)

N/A N/A No
MATERIAL ASPECT: MARKET PRESENCE
G4-DMA Generic Disclosures on Management Approach OUR PEOPLE - Approach and Performance (p. 26)
OUR PEOPLE  - Diversity and Equal Opportunity  (p. 28)
N/A N/A No
G4-EC5 Ratios of standard entry level wage by gender compared to local minimum wage at significant locations of operation

The lowest entry level wage at LHM for both male and female is approx. N$12,796 which is around nine times the local minimum wage in Namibia.

The site lowest entry level wage for both male and female employees is approx. KW 229,120,000 which is around three times the local minimum wage in Malawi.

N/A N/A No
MATERIAL ASPECT: INDIRECT ECONOMIC IMPACTS
G4-DMA Generic Disclosures on Management Approach OUR PEOPLE - Approach and Performance (p. 26)
LOCAL COMMUNITIES - Community Development and Contributions to Local Economies (p. 37)
N/A N/A No
G4-EC7 Development and impact of infrastructure investments and services supported LOCAL COMMUNITIES - Community Development and Contributions to Local Economies (p. 37) N/A N/A No
MATERIAL ASPECT: PROCUREMENT PRACTICES
G4-DMA Generic Disclosures on Management Approach PROCUREMENT PRACTICES - Approach and Performance (p. 48) N/A N/A No
G4-EC9 Proportion of spending on local suppliers at significant locations of operation PROCUREMENT PRACTICES - Approach and Performance (p. 48) N/A N/A No
CATEGORY: ENVIRONMENTAL
MATERIAL ASPECT: ENERGY
G4-DMA Generic Disclosures on Management Approach ENVIRONMENT (p. 11)
ENVIRONMENT - Energy (p. 18)
N/A N/A No
G4-EN3 Energy consumption within the organization ENVIRONMENT - Energy (p. 18).
Note, Paladin does not sell any energy (part d)
N/A N/A No
G4-EN4 Energy consumption outside of the organization LHM: ENVIRONMENT - Energy (p. 18)
KM: No energy is consumed from outside of the organisation
N/A N/A No
G4-EN5 Energy intensity ENVIRONMENT - Energy (p. 18) N/A N/A No
G4-EN6 Reduction of energy consumption The amount of reductions in energy consumption achieved as a direct result of conservation and efficiency initiatives is not available N/A N/A No
MATERIAL ASPECT: WATER
G4-DMA Generic Disclosures on Management Approach ENVIRONMENT  (p. 11)
ENVIRONMENT - Water (p. 13)
N/A N/A No
G4-EN8 Total water withdrawal by source ENVIRONMENT - Water (Water Abstraction) (p. 13,14) N/A N/A No
G4-EN9 Water sources significantly affected by withdrawal of water ENVIRONMENT - Water (Water Abstraction) (p. 13) N/A N/A No
G4-EN10 Percentage and total volume of water recycled and reused ENVIRONMENT - Water (Water Abstraction) (p. 13) N/A N/A No
MATERIAL ASPECT: BIODIVERSITY
G4-DMA Generic Disclosures on Management Approach ENVIRONMENT (p.11)
ENVIRONMENT - Biodiversity (Protecting Biodiversity) (p. 17)
Paladin does not apply biodiversity offsets.
N/A N/A No
G4-EN11 Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas LHM: ENVIRONMENT - Biodiversity (Protecting Biodiversity) (p. 16) N/A N/A No
MM1 Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated ENVIRONMENT - Biodiversity (Land Use and Management) (p. 16) N/A N/A No
G4-EN14 Total number of IUCN Red List species and national conservation list species with habitats in areas affected by operations, by level of extinction risk ENVIRONMENT - Biodiversity (Protecting Biodiversity) (p. 17) N/A N/A No
MATERIAL ASPECT: EMISSIONS
G4-DMA Generic Disclosures on Management Approach ENVIRONMENT (p.11)
ENVIRONMENT - Greenhouse Gas Emissions (p. 19)
N/A N/A No
G4-EN15 Direct greenhouse gas (GHG) emissions (Scope 1) ENVIRONMENT - Greenhouse Gas Emissions (p. 19) d. Report the chosen base year, the rationale for choosing the base year, emissions in the base year, and the context for any significant changes in emissions that triggered recalculations of base year emissions Paladin has not selected a single base year; instead, reporting is based on the reporting period and previous year. No
G4-EN16 Energy indirect greenhouse gas (GHG) emissions (Scope 2) ENVIRONMENT - Greenhouse Gas Emissions (p. 19) d. Report the chosen base year, the rationale for choosing the base year, emissions in the base year, and the context for any significant changes in emissions that triggered recalculations of base year emissions Paladin has not selected a single base year; instead, reporting is based on the reporting period and previous year. No
G4-EN17 Other indirect greenhouse gas (GHG) emissions (Scope 3) N/A Other indirect greenhouse gas (GHG) emissions (Scope 3) The information is currently not known and not considered material to Paladin at this time. No
G4-EN18 Greenhouse gas (GHG) emissions intensity ENVIRONMENT - Greenhouse Gas Emissions (p. 19) N/A N/A No
MATERIAL ASPECT: EFFLUENTS AND WASTE
G4-DMA Generic Disclosures on Management Approach ENVIRONMENT  (p. 11) N/A N/A No
G4-EN22 Total water discharge by quality and destination ENVIRONMENT - Water (Operational Impacts on Water Quality) (p. 15) N/A N/A No
G4-EN23 Total weight of waste by type and disposal method ENVIRONMENT - Mineral Waste (p. 19)
Paladin considers this Indicator material for mineral, but not for non-mineral waste.
Total weight of hazardous and non-hazardous waste The Standard Disclosure or part of the Standard Disclosure is not applicable No
G4-EN24 Total number and volume of significant spills ENVIRONMENT - Significant Spills and Environmental Incidents (p. 21) Total volume of recorded significant spills. The Standard Disclosure or part of the Standard Disclosure is not applicable as the type and category of the spill are the relevant factors. No
MATERIAL ASPECT: COMPLIANCE
G4-DMA Generic Disclosures on Management Approach ENVIRONMENT (p. 11) N/A N/A No
G4-EN29 Monetary value of significant fines and total number of non-monetary sanctions for non-compliance with environmental laws and regulations No significant fines or non-monetary sanctions were received. N/A N/A No
CATEGORY: SOCIAL
SUB-CATEGORY: LABOR PRACTICES AND DECENT WORK
MATERIAL ASPECT: EMPLOYMENT
G4-DMA Generic Disclosures on Management Approach OUR PEOPLE (p. 26)
HEALTH AND SAFETY (p. 22)
N/A N/A No
G4-LA1 Total number and rates of new employee hires and employee turnover by age group, gender and region OUR PEOPLE (Employee Turnover) (p. 27)  N/A N/A No
MATERIAL ASPECT: OCCUPATIONAL HEALTH AND SAFETY
G4-DMA Generic Disclosures on Management Approach HEALTH AND SAFETY - Approach (p. 22) N/A N/A No
G4-LA5 Percentage of total workforce represented in formal joint management-worker health and safety committees that help monitor and advise on occupational health and safety programs HEALTH AND SAFETY - Approach (p. 22) N/A N/A No
G4-LA6 Type of injury and rates of injury, occupational diseases, lost days, and absenteeism, and total number of work-related fatalities, by region and by gender HEALTH AND SAFETY - Performance (Safety ) (p. 22)

• Occupational diseases rate (ODR)
• Absentee rate (AR)
• Breakdown by gender

Some of this information breakdown is currently not collected as a breakdown. Work will be done to collect and collate some of the additional data No
MATERIAL ASPECT: TRAINING AND EDUCATION
G4-DMA Generic Disclosures on Management Approach OUR PEOPLE (p. 26)
OUR PEOPLE - Education and Training (p. 32)
N/A N/A No
G4-LA9 Average hours of training per year per employee by gender, and by employee category LHM: OUR PEOPLE - Education and Training (p. 32) Detailed breakdown of training hours per employee categories and gender Insufficient detailed information available to report for KM. No
G4-LA11 Percentage of employees receiving regular performance and career development reviews, by gender and by
employee category
OUR PEOPLE - Education and Training (p. 32) N/A N/A No
MATERIAL ASPECT: DIVERSITY AND EQUAL OPPORTUNITY
G4-DMA Generic Disclosures on Management Approach OUR PEOPLE - Diversity and Equal Opportunity (p. 28) N/A N/A No
G4-LA12 Composition of governance bodies and breakdown of employees per employee category according to gender, age group, minority group membership, and other indicators of diversity OUR PEOPLE - Diversity and Equal Opportunity (p. 28) Minority group membership is not considered a significant factor at KM. 
LHM does record employees categorised as Historically Racially Disadvantaged.
  No
SUB-CATEGORY: HUMAN RIGHTS
MATERIAL ASPECT: INVESTMENT
G4-DMA Generic Disclosures on Management Approach Human Rights - Approach and Performance (p. 42) N/A N/A No
HR1 Total number and percentage of significant investment agreements and contracts that include human rights clauses or that underwent human rights screening All (100%) of Paladin's contracts include clauses that require adherence to relevant regulations andPaladin's policies which include Paladin's Human Rights Policy. However, no human rights screening was conducted during the reporting period. N/A N/A No
MATERIAL ASPECT: SECURITY PRACTICES
G4-DMA Generic Disclosures on Management Approach Human Rights - Approach and Performance (p. 42) N/A N/A No
G4-HR7 Percentage of security personnel trained in the organization's human rights policies or procedures that are relevant to operations Human Rights - Human Rights Training for Security Personnel  (p. 43) N/A N/A No
MATERIAL ASPECT: ASSESSMENT
G4-DMA Generic Disclosures on Management Approach Human Rights - Approach and Performance (p. 42) N/A N/A No
G4-HR9 Total number and percentage of operations that have been subject to human rights reviews or impact assessments Human Rights - Approach and Performance (p. 42) N/A N/A No
SUB-CATEGORY: SOCIETY
MATERIAL ASPECT: LOCAL COMMUNITIES
G4-DMA Generic Disclosures on Management Approach LOCAL COMMUNITIES (p. 35)
LOCAL COMMUNITIES - Approach and Performance (p. 35)
N/A N/A No
G4-S01 Percentage of operations with implemented local community engagement, impact assessments, and development programs LOCAL COMMUNITIES - Approach and Performance (p. 35)
ENVIRONMENT - Performance (Environmental Impact Assessments) (p. 13)
STAKEHOLDER ENGAGEMENT (p.8)
HEALTH and SAFETY – Approach (p22)
N/A N/A No
G4-S02 Operations with significant actual and potential negative impacts on local communities LOCAL COMMUNITIES - Approach and Performance (p. 35)
No significant negative impacts resulting from LHM or KM’s operations were identified.
N/A N/A No
MATERIAL ASPECT: ANTI-CORRUPTION
G4-DMA Generic Disclosures on Management Approach ANTI-CORRUPTION, BRIBERY AND TRANSPARENCY OF PAYMENTS TO GOVERNMENTS - Approach and Performance (p. 44) N/A N/A No
G4-S03 Total number and percentage of operations assessed for risks related to corruption and the significant risks identified ANTI-CORRUPTION, BRIBERY AND TRANSPARENCY OF PAYMENTS TO GOVERNMENTS - Approach and Performance (p. 44) N/A N/A No
G4-S04 Communication and training on anti-corruption policies and procedures ANTI-CORRUPTION, BRIBERY AND TRANSPARENCY OF PAYMENTS TO GOVERNMENTS - Approach and Performance (p. 44) N/A N/A No
G4-S05 Confirmed incidents of corruption and actions taken ANTI-CORRUPTION, BRIBERY AND TRANSPARENCY OF PAYMENTS TO GOVERNMENTS - Approach and Performance (p. 45) N/A N/A No
MATERIAL ASPECT: PUBLIC POLICY
G4-DMA Generic Disclosures on Management Approach ANTI-CORRUPTION, BRIBERY AND TRANSPARENCY OF PAYMENTS TO GOVERNMENTS - Approach and Performance (p. 44) N/A N/A No
G4-S06 Total value of political contributions by country and recipient/beneficiary ANTI-CORRUPTION, BRIBERY AND TRANSPARENCY OF PAYMENTS TO GOVERNMENTS - Transparent Disclosure of Payments to Government (p. 46) N/A N/A No
SUB-CATEGORY: PRODUCT RESPONSIBILITY
MATERIAL ASPECT: MATERIALS STEWARDSHIP
G4-DMA Generic Disclosures on Management Approach MATERIAL STEWARDSHIP (p. 47) N/A N/A No
MM11 Programs and progress relating to materials stewardship MATERIAL STEWARDSHIP (p. 47) N/A N/A No

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