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MAJOR PROJECTS THAT SHAPE a NATION Australia’S Infrastructure Investment Wave from the CEO

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MAJOR PROJECTS THAT SHAPE a NATION Australia’S Infrastructure Investment Wave from the CEO BORAL NEWS DEC 2017 A DAY IN THE LIFE OF USG BORAL ARCHITECTURAL SERVICES Q&A WITH ROBERT LINANE FOR NSW MAJOR PROJECTS AN UPDATE ON OUR HEADWATERS INTEGRATION ZERO HARM TODAY Stories from across the business MAJOR PROJECTS THAT SHAPE A NATION Australia’s infrastructure investment wave FROM THE CEO Weather can be our friend or our enemy The media response to Boral’s trading update at our Annual General Meeting on 2 November is best characterised by The Australian Financial Review which reported that “the weather gods have been kind and cruel to building supplies giant Boral”. In the three months to the end of September, Boral benefited from an unprecedented period of continuous FRONT COVER IMAGE: construction activity in New South Wales and Riza Balbuena, Architectural & Specifications Manager, Victoria/ Queensland due to the exceptionally dry weather. Tasmania, USG Boral Australia As a result, Boral Australia delivered better than Boral News is published by expected first quarter earnings. Boral Limited ABN 13 008 421 761. If you have an item of news Meanwhile, Hurricanes Harvey in Texas and Irma in for future issues, please contact: Florida, along with associated wet weather in the Tina Wing Kee Southern and Eastern states of the USA, negatively Communications & Investor Relations Manager impacted Boral North America’s first quarter by an Boral® is a registered trademark of estimated US$5-US$10 million. Our people were all Boral Limited or one of its safe and we did not sustain significant damage to our subsidiaries. plants, but we did experience minor flooding, power © 2017 Boral Ltd. All rights reserved. outages, supply chain interruptions and delays in © 2017 USG Boral. All rights reserved. construction activity. Just as the hurricane-related floods were receding, wild fires in October were devastating the West Coast of the USA. This caused several days of disruption in our manufactured stone plant in the Napa Valley as well as the construction market more broadly. The nature of our business requires us to be responsive and flexible to weather on a daily basis. We maximise opportunities in dry weather, and when the weather is not conducive, we need to be safe and be patient. In some cases, we also need to prepare to respond to rebuilding efforts. Taking a longer-term focus, we recently completed a strategic review of our climate-related risks and opportunities across Boral. The outcomes of the review are being used to inform our strategies and plans. You can read more about this in our 2017 Sustainability Report in the Boral Review. As we approach the end of year holiday season, please stay safe wherever you are, whatever the weather. Mike Kane CEO & Managing Director Inside 10 18 Features 05 10 Water management Australia’s infrastructure at Berrima colliery investment wave Improving water quality monitoring How we’re helping to build and management projects that shape a nation 06 18 Headwaters integration A day in the life of update USG Boral’s Architectural North American teams are Services team making great progress 06 Delivering innovative ceilings and interior linings solutions for customers Regulars 02 NEWS 03 PRODUCTS 04 PEOPLE 08 PROFILE Robert Linane, Business Development Manager – Sales, NSW/ACT, Boral Australia 16 ZERO HARM TODAY 20 IN THE COMMUNITY BORAL NEWS | DEC 2017 | 1 NEWS TAKE NOTE Five interesting projects across Boral Our block business Boral’s Designer Ceramic USG Boral supplied Boral’s low carbon This San Francisco, supplied 50,000 Shingle™ roof tiles feature metal grid and ceiling ENVISIA® concrete used California, apartment oversized concrete on the façade of this tiles for the new Sale in unique 99-domed features Boral masonry blocks for home in Melbourne, Lane commercial ceiling of Punchbowl TruExterior® Siding in St. James Place office Victoria building in Auckland, Mosque, Sydney, NSW Channel Bevel profile tower, Houston, Texas New Zealand Recognised for innovation at Australian Boral’s 2017 industry awards Sustainability Report Boral picked up four wins in the Health recognised the partnership between Deer Published as part of the Boral Review in & Safety Innovation category at this year’s Park Quarry and the neighbouring women’s September, Boral’s 2017 Sustainability Report state Cement Concrete & Aggregates correctional facility, whose inmates planted features annual reported data on our workforce, Australia (CCAA) awards. We took home 8,000 plants on the quarry’s earth bund. health and safety management and performance, the award in Queensland, Victoria, South In South Australia, Boral Concrete won environmental reporting, including energy usage Australia and NSW, and will now compete for the Safety Agi Wand which reduces the and emissions, and our value chain and for the CCAA National Awards in 2018. risk of agitator trucks colliding with power innovation work. You can access it at In Queensland, Boral Logistics won for lines when discharging concrete. Boral also www.boral.com/Annual_Reports improving safety on tipper trucks using won the Environmental Innovation Award for visual aids. Across the state, tailgate lock the Murray Bridge Quarry site’s solar BORAL REVIEW indicator lights are being installed on semi- electricity installation and reuse of rainwater, INCORPORATING BORAL’S 2017 SUSTAINABILITY REPORT 2017 An annual publication for Boral’s shareholders, and dog trailers, helping drivers confirm the making the site self-sufficient for energy employees and other stakeholders position of the tailgate lock before elevating and water. Transforming for performance their tipper bins. And in NSW, Boral Logistics won for BORAL 2017 SUSTAINABILITY REPORT excellence and sustainable growth Responding to a MANAGING changing world MATERIALITY COMMUNICATING OUR – our risks and SUSTAINABILITY PRACTICES Alongside our risk management processes, in 2017 we engaged EY to undertake a In Victoria, the North Melbourne the new 10x4 concrete agitator truck with responses materiality review to validate that the sustainability risks and opportunities that are In addition to this Sustainability Report, SUSTAINABILITY important to our stakeholders are being addressed and communicated. information on Boral’s sustainability performance is also provided in: Delivering value The review included internal stakeholder interviews, desktop peer and media reviews, creation and long- external industry and sector reviews, and consideration of wider sustainability trends. • the Corporate Governance Statement and Directors’ Report (including the term sustainability Adopting a widely recognised approach to assessing materiality, as outlined below, EY Remuneration Report) in the 2017 Annual highlighted some enhancement opportunities, which we have started to address in this Report – see boral.com/2017_Annual_ year’s reporting. concrete plant won for its mobile silo for improved roll stability. Our Marulan South Report 1. Scan 2. Stakeholder 3. Prioritisation 4. Validate and • case studies and features in our internal engagement report Boral News magazine – see boral.com/ • Peer analysis • Internal interviews • Distill data collected • Validation from boral_news • Industry analysis, and quantitatively and management and other • Boral’s website, which includes e.g. megatrends qualitatively analyse stakeholders supporting policies and information • Media analysis • Rank/score each issue • Sign-off on sustainable products and Boral’s • Consolidate into set of priorities community engagement programs storing bulk silica fume and delivering it sites also took home the Community • pollutant emissions data reported to the National Pollutant Inventory for 94 sites in BUILDING A The following sustainability issues were identified as the most material for Boral, which our Australian operations align well with management focus, prioritisation and outcomes of existing risk assessment processes. • our voluntary responses to CDP, formerly known as the Carbon Disclosure Material issues by category Project, covering climate change, forests TRANSFORMATIVE and water Boral’s Peppertree Quarry in Marulan South, New South Wales • Boral’s 2017 public report on gender into the back of agitators, which eliminates Leadership Award for their comprehensive equality, lodged with the Workplace Environmental Supply chain management and product Gender Equality Agency on 7 June 2017. CULTURE OUR STRATEGY “ We are looking beyond & compliance innovation This Sustainability Report covers Boral’s Energy Our business strategy recognises our responsibility to shareholders – to deliver value the horizon, identifying wholly owned operations and joint ventures To grow, innovate and be responsive Climate-related Business creation and long-term sustainability. Boral’s future depends on us having a robust and ENVIRONMENT ECONOMIC/ that were at least 50% owned by Boral threats and opportunities impacts conduct GOVERNANCE socially responsible supply chain, enduring stakeholder relationships, an engaged and and responding MATERIAL for the year ended 30 June 2017, unless reliable workforce, sustainable community and environmental impacts, and businesses ISSUES stated otherwise. to commercial, Health & safety manual handling. Stakeholder Engagement Planning Program that address the needs of today and the future. With the Headwaters acquisition technological, Community Workplace In recent years, we have fundamentally altered Boral’s portfolio to deliver better financial impact relations and completed in May 2017, eight weeks returns and respond to a changing world. We
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