During 2021, we noted an increased interest in the impact and management of our supply chain from our clients and other stakeholders. We deliver our business operations taking into consideration environmental, social, and governance aspects, focusing on generating value for shareholders, stakeholders and other interest groups. About Ausenco Engineering Canada Inc. We are a global company redefining what's possible. You now have access to Free Eureka Report Insights, We look forward to helping you on your financial journey. Performing this action will revert the following features to their default settings: Hooray! Accordingly, this report is to be read in conjunction with the annual report for the year ended 31 December . Ausenco acknowledges and pays respect to the past, present, and future Traditional Custodians and Elders of Australia. recycled material use. 126 dated February 22nd, 2021). This may not include all funds available for retail investment in Australia. Zimi Meka, Ausenco CEO, said the alliance was focused primarily on winning and delivering major global EPC projects in key growth regions and industry sectors. This baseline allows for the creation of internal data channels needed to more accurately estimate GHGs. Ausenco Limited is a multinational engineering, procurement, construction management, and operations service provider to the energy and resources sectors. | July 24, 2022 Measuring and mitigating GHG emissions from operations and business development activities We are progressing along our diversity and inclusion journey. Details of associates and joint venture entities are included in the audited financial statements under note 26. The peer comparison figures have been sourced from Morningstar data and is therefore limited to the funds and investment products included in their database. Ausenco Americas's annual revenues are $1-$10 million (see exact revenue data) and has 10-100 employees. SMS code cannot be sent due to: {{ twilioStatus }}, Looks you are already a member. Expand our collaboration and mutually Ausenco is committed to operating with the highest standards of ethical behavior, honesty and fairness in all stakeholder relationships. In 1995, the second office opened in Perth, Australia. Our approach ensures the careful use of the worlds most precious resources, providing critical materials to supply chains in the most efficient way possible, while supporting sustainable growth and balanced development. Establishing and implementing leading standards of practice to ensure the health and safety of our employees and communities, Building and sustaining strong connections with Indigenous communities, based on a foundation of trust and partnership, Listening to our employees and stakeholders and integrating their perspectives into our business practices, Providing a fair, equitable, diverse and inclusive work environment for all. (for more details please see News Release No. Meet clear targets for reduced primary We have sent a one-time code via SMS/text to your registered mobile phone. we offer full project lifecycle solutions to some . Services are provided to clients primarily in three client markets: Minerals & Metals, Oil & Gas and Industrial. If you are still having trouble viewing content after 10 minutes, try logging out of your account and logging back in. responsible supply chain program SMS code cannot be sent due to: {{ twilioStatus }}, Looks you are already a member. Ausenco Foundation and social initiatives, Ethics and transparency You should consider the advice in light of these matters and, Global Mining Review, beneficial partnerships with Indigenous This involves identification of suppliers whose manufacturing locations, or the goods or services they provide, pose a potentially high risk in areas such as human rights violations, lack of worker protection laws, potential for use of forced and child labour, violation of Indigenous rights and titles, as well as other criteria from leading international standards. In addition to traditional cost, quality and performance criteria, we will evaluate the sustainability performance of our suppliers and prioritize the selection of our suppliers according to three main criteria: Their size and strategic importance to Ausencos business continuity. Our environmental consulting team is widely recognized for its expertise in environmental sciences. We believe that no one prospers unless everyone prospers, and our experts in indigenous and community relations help clients build positive, long-term working relationships with all stakeholders. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Distributed by Public, unedited and unaltered, on 26 February 2016 05:26:25 UTC, Original Document: http://www.ausenco.com/news-items/2015-full-year-financial-report-and-appendix. of the largest resources and energy companies in the world. Please select a quantity for at least one ticket. This may not include all funds available for retail investment in Australia. Registration for this event is available only to Intelligent Investor members. She has reviewed and approved the contents of this release. Ausenco was subsequently de-listed from the Australian Securities Exchange. Here are the YUMPU automatically turns print PDFs into web optimized ePapers that Google loves. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. Peter Gregg. If you cant generate a code, you may request to have one sent to your registered mobile phone. To ensure transparency and accountability, we evaluated our policy framework and created criteria to evaluate critical suppliers. Our success and reputation are built on developing innovative designs that incorporate energy, water, and process efficiencies to create smaller footprints and reduce environmental impacts., Paul Hemsley, Ausencos Executive VP Environment, Social and Governance Strategy, added: We have the expertise and the experience to support clients in the search for the most sustainable approach to the development of the raw materials necessary to produce goods and services for consumers around the world. Recently, Mantos Copper Holding has engaged Ausenco for the engineering, procurement and construction (EPC) the 30,000 tonne per day copper concentrator plant and related infrastructure at the Mantoverde Development Project in Chile. from an ESG perspective In 2009, Ausenco acquired 50% equity in the Kramer Group to form Kramer Ausenco,[9] expanding the companys presence and services into PNG and the South Pacific. Send verification code is disabled for {{getRemainingTimeText()}} sec. Ausenco further diversified their offering in 2012 by acquiring 100% of Reaction Consulting,[10] a Canada-based specialist provider of engineering services in the SAGD bitumen and oil sands sectors, to expand its capability and services in process engineering for the oil and gas market. Read more, Providing physical and psychologically safe working environments The information contained in this report is for the full year ended 31 December 2015 and the previous corresponding period 31 December 2014. "FREE" : "$" + t.Cost.toFixed(2) }}, Copyright 1999-2023 InvestSMART Financial Services Pty Ltd. All rights reserved | Australian Financial Services Licensee: AFSL # 226435 | ABN 70 089 038 531 |. | We're a consulting, engineering, project delivery and asset operations and optimisation company that sets high global standards for value adding solutions for the minerals & metals, oil & gas and industrial sectors. external parties as leaders in the Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Engagement with indigenous peoples and communities, Launch the Envisioning & Prioritization phases of our D&I strategy and consolidated action plan Are you sure you want to delete your template? You must accept the terms and conditions. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) Integrating sustainability criteria into our procurement and supply chain management practices depending on the portfolio. Please wait, Please untick this box when using a public or shared device. Mary Shafer-Malicki. Your file is uploaded and ready to be published. Read more, Decarbonization and climate If you didn't receive a code via SMS/text to you mobile phone, you may request a new code. Please make sure your payment details are up to date to continue your membership. ^^ The performance figures for the Intelligent Investor Income and Growth Model Portfolios are since inception on 1 August 2001 using theoretical buys and sells without brokerage and management fees until 1 July 2015. Its head office is in Brisbane, Australia. (Annual sales and employees) What industry is the company in? In 2021, we created Women@Ausenco, an initiative to support women with networking and mentoring opportunities to enhance professional success and to amplify the profile of women at Ausenco, to foster diversity and inclusiveness, and to expand the opportunities available to women and harness their impact. We conduct our relationships with communities where we operate with integrity and respect. You now have access to Intelligent Investor Free Insights. This may not include all funds available for retail investment in Australia. For personal use only. We are in the best strategic position possible Decarbonization and climate This study is expected to take 4 to 6 weeks to complete. Our Board of Directors and senior leadership team know that strong governance begins with them. Please enter your password to proceed. instructions how to enable JavaScript in your web browser. Dynamic workplace Jim Norine, VP - Southwest USA tells us the real story - about our work in Arizona, the move towards electrification and green energy, ESG and the importance of diversity and inclusion. resilience/adaptation Ausenco acknowledges and pays respect to the past, present, and future Traditional Custodians and Elders of Australia. Ausenco was founded on the core belief that we must find a better way to preserve the finite resources the planet offers, especially when faced with the challenges of population growth and a changing climate, said Zimi Meka, CEO. If you cant generate a code, you may request to have one sent to your registered mobile phone. Hudbay's Constancia copper project in Peru has provided our people with the challenges, ambitious targets and ground breaking outcomes to drive their ingenuity to new heights - literally. Please enter your email address below to request a new password, DELISTED - Current share price for AAX : $0.395. You now have access to Free Eureka Report Insights, We look forward to helping you on your financial journey. f8ea9d89-b1d7-40a6-b444-c90d95c3a03d.pdf 4 April 2016 *I00000101* . {{ t.Cost === 0 ? Copyright 2023 Palladian Publications Ltd. All rights reserved | Tel: +44 (0)1252 718 999 | Ausencos 2020 Sustainability Report highlights its longstanding commitment to sustainability, sets the stage for a comprehensive review of all global activities, and reaffirms the companys vision of finding a better way to create a sustainable future. George Lloyd was appointed Chairman in 2013, which was the same year Ausenco acquired PROJEX Technologies Ltd[12] in Calgary, Alberta and Halifax, Nova Scotia, Canada to expand capabilities in the oil sands market. Everyone in the organization feels included and valued, heard and listened to Set targets and metrics for mentoring and professional How do we reach our sustainability goals? Our diverse group of global experts are dedicated to adding value to projects & redefining what's possible. Promoting and growing diversity and inclusion in our workforce [1] The company's name is an amalgamation of "Australian Engineering Company." History [ edit] This involves identification of suppliers whose goods and services pose environmental risks or create significant environmental impacts View our membership page for more information. Be recognised by our clients, Candente Copper relies upon litigation protection for forward-looking statements. Infrastructure > Logistics. Don't ask again on this device for 30 days. Increase procurement from Indigenous businesses. Our diverse group of global experts are dedicated to adding value to projects & redefining what's possible. Ausenco is globally recognised for providing consulting, project delivery, and asset operations services to the international mining sector including high performance copper processing and infrastructure projects. Get expert assistance here. if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. * InvestSMARTs capped management fees (capped at $550 p.a.) Only funds with > three year returns were included in any fee comparison, and were compared to Morningstars nominated benchmark. Ausenco Limited (AAX) Company Financials. Please wait. Through our services, we help our clients identify risks, minimise impacts, and create intergenerational benefits from the planets bounty., Read the article online at: https://www.globalminingreview.com/environment-sustainability/23042021/ausenco-releases-2020-sustainability-report/. ^ Only funds and investment products included in the Morningstar Australia database are available for fee and performance comparison. Annual report for the year ended 31 December 2020 2 Contents Page Page Strategic Report 3 2020 Highlights & Recent Developments 3 . # Performance figures are after management and admin fees excl. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Registration for this event is available only to Eureka Report members. Establishing and reporting company-wide sustainability metrics to internal and external stakeholders. After 18 June 2019 performance figures (after fees and brokerage) have been recorded from the Australian Equity Income ETF (ASX: INIF) which mirrors the Income Model and after 5 October 2020 performance figures (after fees and brokerage) have been recorded from the Australian Equity Growth ETF (ASX: IIGF) which mirrors the Growth Model. resource consumption and enhanced ^^ The performance figures for the Intelligent Investor Income and Growth Model Portfolios are since inception on 1 August 2001 using theoretical buys and sells without brokerage and management fees until 1 July 2015. Wherever we operate, we respect diverse communities and environments and strive to achieve sustainable outcomes for all. 2014 and any public announcements made by Ausenco Limited during the interim reporting period in accordance . . In 2004, Ausenco opened an office in China, and then in 2005, opened offices in North America and South America. Ausenco operates in over 15 countries globally. We remain committed to exploring ways we can strengthen our relationships through enhancing engagement, increasing awareness and education about Indigenous history, values, beliefs and cultural practices, and expanding opportunities for business development. The big question facing mining execs isnt whether ESG is important to their business, but rather how to make it real and measurable within their business. [8] This increased employee numbers by 150%, and expanded service offerings to include pipeline systems, ports & marine, environment & sustainability, and transportation systems. The peer comparison figures have been sourced from Morningstar data and is therefore limited to the funds and investment products included in their database. Ausenco Annual Report 2015 For personal use only 2 | Ausenco Annual Report 2015 Contents 02 015 Highlights2 04 Chairman's Report 06 CEO's Report 10 South America 12 North America 14 APAC/Africa 16 People and Sustainability 20 Financial Review 24 Board of Directors 26 Corporate Governance Statement 35 Concise Financial Report 78 Include greater local procurement content in our Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All rights reserved. Are you sure you want to delete your template? Ausenco respectfully acknowledges that we live, work and play on the traditional territories of the Indigenous peoples (First Nations, Mtis, and Inuit) of Canada. Read detailed company information including earnings, capital structure, cashflow & historical financials. Were making a deliberate and concerted effort to build respectful relationships with Indigenous peoples by acknowledging the past, reconciling this with the present, and building for the future based on trust, respect, partnership and accountability. Educating our employees and subsidiaries on our sustainability commitments and ensuring they adhere to the guidelines In 2019, our first Reconciliation Action Plan (RAP-A) described how Ausenco intended to create meaningful relationships, enhance respect, and promote sustainable business opportunities for Indigenous Australians. We are committed to: At Ausenco, we conduct our relationships with employees, contractors, clients, Indigenous people, and other individuals and organizations with integrity and respect. With decades of experience working on the worlds most demanding projects, our experts are ready to help create customized solutions, optimize value and deliver results tailored to our clients specific needs. 4 | Ausenco Annual Report 2011. Ausenco Limited and the entities it controlled at the end of, or during, the year ended 31 December 2015. At Ausenco, we take a holistic approach to environmental stewardship and addressing the impacts of climate change. ESG material topics are fully aligned with Ausencos core values, and they connect with ESG strategy goals. Please wait, Please untick this box when using a public or shared device. In Peru, Ausencos experience includes providing Engineering, Procurement and Construction Management services to design, construct, and commission the 25 million tonnes per year concentrator and associated infrastructure for the Constancia Copper Molybdenum Project owned by Hudbay. This important history and the ongoing cultural, spiritual and educational practices makes Australia a stronger and more vibrant place. After the 1 July 2015 performance figures (after fees and brokerage) were recorded from the Separately Managed Accounts that mirrored these models. It is classified as operating in the Engineering Services industry. Please refer to our Financial Services Guide for more information. Developing diverse and sustainability-conscious leadership Our governance commitments include: Ensuring the ongoing monitoring and oversight of our sustainability performance by the Ausenco Board of Directors and Executive Leadership Team and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. Published by Jessica Casey, IMPORTANT: This information is general financial product advice only and you should consider the relevant Product Disclosure Statement (PDS), Financial Services Guide (FSG), Target Market Determination (TMD) or seek professional advice before making any investment decision. Our role, as a resources industry partner, is to help grow the economy of the communities in which we operate, and to develop employment, procurement, community and contractor engagement opportunities when possible. We have proactive ownership and accountability for HSE governance and assurance. Registration for this event is available only to Intelligent Investor members. ^ Only funds and investment products included in the Morningstar Australia database are available for fee and performance comparison. Please wait. Global Company That Serves Mining, Oil & Gas Industries| Ausenco . Combining our deep technical expertise with a 30-year track record, we deliver innovative, value-add consulting studies, project delivery, asset operations and maintenance solutions to the . Prioritizing climate resilience . off-setting what we cannot change. For full functionality of this site it is necessary to enable JavaScript. Deputy Editor Ausenco listed on the ASX on 15 June 2006 after its successful $25.9. For the effect of fees on your cumulative returns, please see our report How Fees Can Destroy Your Wealth. Reducing resource consumption and optimising resource use in our operations development skills growth The code you entered is incorrect. In 2021, we created Women@Ausenco, an initiative to support women with networking and mentoring opportunities to enhance professional success. 2017 Morningstar. million initial public offer was significantly oversubscribed . We encourage and support employees to be actively involved in partnerships with local groups, Indigenous communities and charities. Mr Bob Thorpe Mr Bob Thorpe, a non-executive director, who retires in accordance with rule 16.1 of the Company's constitution, is standing for re-election at the AGM as a non-executive. Resend code is disabled for {{getRemainingTimeText()}} sec. Positioned more than 4,200m above sea level in the south-eastern Global regional and . Friday, 23 April 2021 11:15. Embed article link: (copy the HTML code below): This content is available to registered readers of our magazine only. All rights reserved. Reconciliation is a process of working together to establish and maintain a mutually respectful relationship and foster a culture of continuous improvement and learning. complete or timely nor will they have any liability for its use or distribution. They have ultimate responsibility and accountability to shareholders, employees, clients, and stakeholders. We are working in collaboration with indigenous communities in Argentina to develop a protocol for open, transparent, and respectful communications between mining companies and the people on whose traditional lands they operate. Ausenco Americas's Annual Report & Profile shows critical firmographic facts: What is the company's size? Our services are tailored to our clients specific needs. This involves identification of our largest suppliers as well as suppliers that are critical for delivering our projects The Ausenco Rylson[11] joint venture was also formed to expand offerings in asset optimization and management services. Our ESG capabilities are founded on a deep legacy of delivering low footprint projects and environmental and socioeconomic work, and sustainable solutions that create shared value for all stakeholders. The Ausenco Taggart joint venture was also formed in 2008 to offer design and delivery expertise for coal handling processing plants. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. Ensure psychological safety for VP+ level Diversity, inclusion and equity do not include indirect cost ratio charged by ETF providers nor brokerage. opportunities analysis. Corporate headquarters in South Brisbane, Queensland, Learn how and when to remove these template messages, Learn how and when to remove this template message, "Ausenco acquires PSI group for $US32.9m", "ASX Company News: Ausenco Acquires Reaction Consulting | Online Stockmarket Trading Update", "Asset Management and Engineering Support Services", "expands in North American oil and gas market | News item", "Award of EPCM Contract for Phu Kham Copper-Gold Project | FinancialContent Business Page", "Phu Kham Copper-Gold Project | Case study", "Hidden Valley Gold Project | Case study", "Ausenco To Manage Expansion Of Barrick's Lumwana Project", "Ausenco wins Isaac Plains CHPP contract", "Isaac Plains CHPP Operations | Case study", "CiDRA Holdings LLC Anglo American Awards CiDRA Contract for Los Bronces", "Los Bronces Copper Ore Pipeline | Case study", "Kwale Mineral Sands Project | Case study", "Reference at www.bulk-solids-handling.com", "Ausenco Limited: Ausenco wins contract for Springsure Creek Coal Project", "Mount Owen - Using flotation to improve coal recovery | Project | Ausenco", https://en.wikipedia.org/w/index.php?title=Ausenco&oldid=1139871911, International engineering consulting firms, Multinational companies headquartered in Australia, Engineering consulting firms of Australia, Articles lacking reliable references from January 2014, Articles with a promotional tone from January 2014, Articles with multiple maintenance issues, Wikipedia articles containing buzzwords from September 2019, Creative Commons Attribution-ShareAlike License 3.0, Engineering/Consulting services/Project Delivery, Hidden Valley Gold Silver Project in Papua New Guinea in 2006, Martabe Gold Silver Project, Indonesia in 2009, This page was last edited on 17 February 2023, at 08:30.
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