GOVERNANCE

Our Code of Conduct (Our Code) sets the standards of behaviour and human rights commitments for our people, as well as contractors and suppliers (where under relevant contractual obligation) and others who perform work for BHP. The commitments in Our Code and our Human Rights Policy Statement are implemented through mandatory minimum performance requirements for human rights in the Our Requirements standards and through our policy statements.

BHP’s Board oversees our approach to sustainability. The Board’s Sustainability Committee has oversight of health, safety, environmental and community (HSEC) matters, including human rights, and assists the Board with governance and monitoring. The Sustainability Committee also oversees the adequacy of the systems designed to identify and manage HSEC-related risks and overall HSEC and other human rights performanceOur Human Rights Policy Statement sets out our expectations for our people, business partners and other relevant parties to respect human rights. The Policy Statement was developed in line with Principle 16 of the UN Guiding Principles on Business and Human Rights, included consultation with internal and external stakeholders and was endorsed by BHP’s Executive Leadership Team. The Human Rights Policy Statement applies to all operated assets and functions in accordance with our reporting scope and boundaries.

The Sustainability Committee receives periodic updates on emerging human rights issues and trends and any changes to our approach to respecting human rights. Our Risk function reports biannually to a joint meeting of the Board’s Risk and Audit Committee and Sustainability Committee on the Group’s risk profile, including HSEC risks, and other human rights risks. The Human Rights Policy Statement is reviewed annually as part of our assessment of management of human rights risks and potential impacts, and our annual  Modern Slavery Statement provides an update on our progress against certain of our human rights commitments, particularly those related to modern slavery and human trafficking.

We recognise we have the potential to directly impact, contribute to or be linked to human rights impacts on people through our operated assets, closed and legacy sites, value chain activities and relationships with business partners. These include rights related to workplace health and safety, labour rights, activities of security providers, land access and use, water and sanitation, Indigenous peoples’ culture, identity, traditions and customs, and communities near our operated assets – including resettlement and consultation and consent processes.The Our Requirements for Community standard sets out our requirements to operate and our commitment to respecting human rights as set out in our Human Rights Policy Statement. For more information, refer to the Local Communities, Our Approach sections.

Independent internal audits provide assurance of operational compliance with our mandatory minimum requirements for human rights, as outlined in the Our Requirements standard.