Sustainability
Our Approach to Sustainability
OMH remains steadfast in its commitment to driving growth and value creation, benefiting customers, shareholders and employees while responding to the imperative for a sustainable future. As a leading manganese and silicon company in the region, we consistently excel in economic competitiveness and environmental standards, owing to our extensive knowledge accumulation, targeted investments, and ongoing organisational development.
Stakeholder Engagement
OMH values its stakeholders, including those affected by its operations and those influencing its decisions. Recognising their importance to the Group’s long-term success, we have continuously engaged these stakeholders, keeping them informed and gathering feedback on their priorities. Understanding their concerns and expectations helps us prioritise effectively and develop strategies that create value for them.
Identifying and Prioritising Materiality in our Operations
The OMH materiality study explores critical factors influencing organisational impact. Analysing material aspects steers the Group towards well-informed decision-making and responsible resource allocation, fostering resilience for the future. This approach ensures that our sustainability initiatives effectively address pressing concerns, aligning our efforts with the pivotal aspects of our business and societal impact.
During FY2023, OMH engaged an external consultant to conduct an updated materiality analysis, ensuring the confidentiality of respondents. The previous analysis was conducted in 2021. A survey was administered to stakeholders, as identified in the Stakeholder Engagement section, soliciting their evaluations on the significance of 18 sustainability areas. The Board and Senior Management Team actively participated, contributing valuable insights to OMH’s comprehensive understanding.
The Group ensures its sustainability practices contribute to local stakeholders and broader goals. The material topics are aligned with the SASB Standards for the Metals & Mining industry, GRI Topics and UNSDGs. The FY2023 materiality matrix is illustrated below.
