Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The mining industry is undertaking a technology transformation to meet the future demand for the key commodities critical for decarbonisation and mass electrification. As such, mining plays a fundamental role in enabling the Transition to Net Zero. Ensuring policy and green taxonomies are consistent with this enablement will be a critical component in the speed of carbon transition.
The Group's Communication and Public Affairs function has responsibility for all senior interactions with policy makers around the world, providing consistency in approach as well as in shared corporate information, including that related to climate change issues. Interactions take account of, for example, our defined sustainability priorities, SHE Standards (and related performance), Risk Management Policy and Framework, Risk Appetite Statement, Viability Statement, current and planned research and development activity, and key product and technology innovations. The Groups Communications and Public Affairs function led discussions, with input and consultation from the Sustainability Team, on Weir's involvement in COP 26 activity and engagement with senior officials on international trade. The Group's Director of Communications reports directly to the CEO.
In 2019 Weir Group reorganised its structure regarding sustainability, with Group Head of Strategy and Sustainability becoming Weir's first Chief Strategy and Sustainability Officer (CS&SO) within the Group Executive. The CS&SO reports directly to the CEO and has accountability for three functions – Group Strategy, Sustainability and Innovation and Research. Our Sustainability team liaise directly with the Group Communication and Public Affairs team so that public policy engagement remains consistent with our overall strategy as it progresses and evolves.