Sustainability

We recognise that we all have a significant responsibility to protect the natural environment and support the communities in which we operate for the benefit of this and future generations. Our goal is to minimise the impact our business activities have on the environment while balancing the economic and social needs of sustainable development. Community involvement is an integral part of the WesTrac philosophy, and we are proud to support local activities, events, and charities in the regions we are based.

TOWARDS 2030

Our Way Forward to the Issues Material to WesTrac

WesTrac is well-progressed in its sustainability journey and our vision is to be the customers’ first choice in equipment solutions by consistently demonstrating responsible environmental, social, and governance (ESG) practices across all aspects of our business and supply chain. WesTrac is working hard with our customers, stakeholders, team members, and our communities toward implementing plans and solutions for long-term success and a positive impact on our environment, team members, and communities.

WesTrac bases our ESG management around the 10 topics (listed below) that WesTrac and our parent company Seven Group Holdings (SGH) have identified as being material. These topics, known as the 10 Material Issues, have been developed in alignment with the Global Reporting Initiative and United Nations Sustainable Development Goals (UNSDGs) and seek to create shared value across both our business and broader communities and stakeholders. WesTrac has committed to ambitious targets across each of these topics including reaching net zero greenhouse gas emissions by 2040.

Our roadmaps demonstrate our commitment to progressing in each material issue and we are committed in our focus on helping our customers achieve their own ESG objectives. Particularly our work to bring Caterpillar® automation and electrification developments to our customers to ensure Australia’s resources and construction sectors benefit from being at the global leading edge of technological innovation.

View the UNSDGs

In executing our strategy, we are focused on ensuring that any ESG initiative emanates from, and is owned by, an existing executive role, and is evaluated using the core decision processes, forums, and rules that apply to all mainstream business decisions. Similarly, when an ESG issue emerges, our starting point is always that the executive team itself needs to consider local and international best practices and trends, and understand and solve the issue, rather than relying on ‘turnkey’ solutions from an ESG advisor or consultancy. ESG issues are owned and solved within our businesses and therefore the strategies and initiatives we are executing will be more sustainable over the long term. We continuously seek out ESG practices and learnings both nationally and internationally to adopt in our business.

The continual success of our business relies on our ability to sustainably manage our environmental and social impacts while maintaining responsible governance over these processes. Towards 2030, we see an opportunity to make meaningful progress toward our ESG goals and look forward to collaborating with our teams, customers, and stakeholders along this journey.

Jarvas Croome

WesTrac Chief Executive Officer

Download Our Sustainability Plan

10 Material Issues

1. Energy and Emissions

2. Waste and Water

3. Materials

4. Technology and Innovation

5. Safety

6. Training

7. Diversity

8. Employment

9. Indigenous Inclusion

10. Local Communities

Mining White Paper

Targeting Zero Emissions in Mining

Mining is subject to a range of regulations and public scrutiny when it comes to improving sustainability. There are no specific metrics to identify just how far miners need to go – but as this whitepaper discusses, it is a process of continual improvement, and stakeholders at every stage in the supply chain have a role to play.
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