Tianqi Lithium Sustainability Report 2017 Report Tianqi Lithium Sustainability CHANGING THE WORLD WITH LITHIUM Tianqi Lithium Sustainability Report 2017 Tianqi Lithium Corporation Add: No. 10 East Gaopeng Road, Hi-Tech Development Zone, Chengdu, Sichuan, 610041 China Tel: +86 28 8514 6615 www.tianqilithium.com CONTENTS Voices from the Executives 1 Committment to Highest 23 Environment, Safety Heading for a and Occupational Health Sustainable Future 3 Standards Environmental protection 25 The SDGs: metrics for action 4 Safety 32 Employee health 34 Sustainability at Tianqi 5 Tianqi's CSR 11 Taking Good Care of 35 Management System Stakeholders The guiding principles 13 Investor rights and interests 37 The strategy 13 Excellent customer services 39 The governance structure 15 Strong supplier community 41 The communication 16 Employment development 42 The components 17 Listening to stakeholders' voices 47 The implementation 18 SUPERMARKET 超市 Social Services and 57 Appendix Leading the Industry Public Benefits 67 Adding Value 51 19 Promoting technological innovations 53 Targeted poverty alleviation 59 About the report 67 Sustained market leading position 21 Leading the industry 55 Social responsibility overseas 65 Feedback form 68 Robust earnings growth 21 2017 TIANQI LITHIUM SUSTAINABILITY REPORT Voices from the Executives JIANG Weiping, Chairman There is no doubt that incorporating social responsibility is crucial for Tianqi Lithium. We will contribute our efforts to serve the world's new energy industry together with our peers at home and abroad. Tianqi Lithium Global Research Center Image The final design is subject to government approvals. Vivian WU, Director/ GE Wei, Senior Vice LI Bo, Board Phil Thick, General President President Secretary/Vice Manager, Tianqi With a risk-prevention Taking Changing the World President Lithium Australia business culture, we have with Lithium as our mission, We have established an effective We continue to pay attention to put in place a risk mitigation Tianqi Lithium is committed to communication mechanism, occupational health and safety and control system to ensure achieving growth at no expense through which we make timely and environmental protection compliance, safety and of the environment, health and disclosure, and improve to promote the sustainable efficiency of our operations. safety, in our quest to become a shareholder oversight to protect development of the company. world leader in the new energy the interests of stakeholders. industry. ZOU Jun, Director/CFO YAN Dong, Vice GUO Wei, Vice Lorry Mignacca, CEO Tianqi Lithium will fully utilize President President of Talison Lithium green finance to serve green At Tianqi Lithium, we always We are actively building a Talison Lithium continues its growth, increase socially put customers first, and responsible supply chain, as efforts to build a green system responsible investment, work together to create value part of the effort to strengthen for eco-friendly development, and create value for our through our expertise and cooperation with suppliers. By while providing quality stakeholders, including quality products. integrating social responsibility products to our customers shareholders. into our supply chain around the world. management, we make sure our development is aligned with the needs of the industry and the community. 1 2 2017 TIANQI LITHIUM SUSTAINABILITY REPORT The SDGs: metrics for action Future a Sustainable for Heading In 1987, the United Nations World Commission on Environment and Development published a special report Our Common Future based on a comprehensive survey of key issues in the world’s environment and developing countries, in which it defined sustainable development as “development that meets the needs of the present without compromising the ability of future generations to meet their own needs.” The key message is that healthy economic development should be based on ecological sustainability, social justice and the people’s active participation in their own development. The goal is to ensure that all human needs are met, individuals potential fully unleashed, and resources and environment protected, for the survival and development of future generations. Special attention should be paid to the ecological viability of various economic activities: only those conducive to the protection of resources and future economic growth should be encouraged, and those that are not should be stopped. In recent years, sustainable development has become a global consensus. It is also a long- term development strategy for companies, countries, nations, and humanity as a whole. At the United Nations Sustainable Development Summit held at its headquarters in New York on September 25, 2015, 193 member states officially approved the 2030 Sustainable Development Agenda and adopted 17 Sustainable Development Goals (SDGs), calling on governments, private sectors, and civil society around the world to take action to jointly implement actions to reduce poverty while meeting social development needs, such as by promoting economic growth, education, health, social protection, and employment opportunities, and responding to climate change and other environmental challenges. The strategy of protection is to comprehensively solve the three dimensions of social, economic and environmental development, protect the sustainable development of the earth, and realize the global goal of shared prosperity for all. The 2030 Agenda provides a framework for addressing social, economic, and environmental issues in a comprehensive manner, aimed at protecting the sustainable development of the world and ensuring prosperity for all. In order to implement this instrument in China, the Chinese government issued the China National Program for Implementation of the 2030 Sustainable Development Agenda in September 2016 in the context of the “Thirteenth Five-Year Plan”. As a course of action for China's implementation of the 17 SDGs, this program reflects China's commitment as a responsible developing country. NO POVERTY ZERO HUNGER GOOD HEALTH QUALITY GENDER CLEAN WATER 1 2 3 AND WELL-BEING 4 EDUCATION 5 EQUALITY 6 AND SANITATION AFFORDABLE AND DECENT WORK INDUSTRY,INNOVATION, REDUCED SUSTAINABLE CITIES RESPONSIBLE 7 CLEAN ENERGY 8 AND ECONOMIC 9 AND INFRASTRUCTURE 10 INEQUALITIES 11 AND COMMUNITIES 12 CONSUMPTION AND GROWTH PRODUCTION CLIMATE LIFE BELOW LIFE ON LAND PEACE AND PARTNERSHIPS 13 ACTION 14 WATER 15 16 JUSTICE STRONG 17 FOR THE GOALS INSTITUTIONS SUSTAINABLE DEVELOPMENT Tianqi Lithium Global Research Center Image The final design is subject to government approvals. 3 4 2017 TIANQI LITHIUM SUSTAINABILITY REPORT are contributing to addressing global sustainability, business integrity, safety, which we do business, contributing to challenges such as climate change, environment and occupational health the achievement of the objectives set promoting coordinated development in our daily operation and production. out in the 2030 Agenda through concrete of the economy and environment, and Meanwhile, we take care of the interests action. protecting the environment on which of all our stakeholders, actively engage people depend. We have integrated and give back to the community in Getting to know Tianqi Lithium About us Tianqi Lithium is a world-leading supplier of lithium products in China and is publicly traded on the Shenzhen Stock Exchange (SZ.002466). Our principal operations include development of lithium mines, processing of lithium products, and trading of lithium ore. Our business footprint covers Asia and Oceania with production plants, resource centers and subsidiaries in Sichuan, Jiangsu, Chongqing and Australia, serving clients across the world. Sustainability at Tianqi A swelling world popular and further environment for future generations, such in this technology are the key to the Advanced spodumene extracting Ranked the world’s third World-class spodumene reserve 1 development of human society are as by helping adjust the energy mix and development of the electric vehicle technology largest lithium producer exerting mounting pressure on the global developing clean energy sources. industry. Thanks to their more stable environment. Due to rapid economic performance than other options and zero New energy is one of the industries development, China is experiencing polluting emissions, lithium batteries Reference: Roskill Lithium: Global Industry, Markets and Outlook to 2026 Fourteenth Edition, 2017 Report that are most helpful for achieving 《 》 increasing demand for energy, higher are a most viable and most widely used the sustainable development goals. energy consumption, and more imports solution today. As a basic element of Clean, low-carbon, safe and efficient of petroleum and other resources. The the lithium industry, lithium is known as energy has been mankind’s perennial impact of a coal-based energy structure the "energy metal" of the 21st century pursuit since antiquity, and it is the on ecological environment across the and "the element that drives the world only solution to the current energy world as a whole is becoming increasing forward." The lithium industry plays crisis the world is faced with. Rapid apparent. a vital role in helping to optimize the Strengthening urbanization and economic prosperity existing energy structure, reduce the position in midstream As a Chinese saying goes, without a have created a huge fleet of motor environmental pollution caused by TO BECOME A WORLD long-term planning, even immediate vehicles