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Community

Each year Yancoal allocates funds at both a site and corporate level to financially support community groups and programmes across the areas of health, environment, sport, education, community and training.

The Yancoal Community Support Program aims to make a difference to the lives of the those living and working within the areas Yancoal operates, ensuring the Company plays a key contribution beyond employment and the use of local services and contractors.

Yancoal’s ongoing investment helps support community organisations working to achieve a direct positive impact on their community, understanding the increasing need for external financial assistance to help support an organisation or idea that may otherwise not exist or remain sustainable.

In 2017, Yancoal invested more than $1.3 million into local initiatives1, with funding allocated to develop and implement environmental projects; educate, train and assist local residents to gain employment; sponsor key community events; purchase new technology and equipment used by hospitals and regional rescue services; and help support disadvantaged groups within the community via social and education initiatives.

Yancoal continues to work co-operatively with its community stakeholders, relying upon community consultative committees, local newsletters, local media, community days and site-specific websites to help ensure they are engaged and informed of relevant matters related to nearby operations.

Yancoal is proud to be investing into local and regional Australia, helping build stronger communities across the country.

Examples of recent activity:

- In the past year, the Moolarben complex achieved an important milestone, granting $1 million in community donations to help support local groups across Mudgee and the wider region since 2010.

- The Mount Thorley Warkworth (MTW) operation dug deep and went pink for breast cancer awareness, painting a dragline bucket bright pink and donating $20,000 to the McGrath Foundation, helping place McGrath Breast Care Nurses in communities across Australia and increase cancer awareness across the Hunter Valley.

- Yarrabee partnered with the RACQ Capricorn Helicopter Rescue Service (RACQ CHRS), with a donation of $25,000 helping ensure the Capricorn Region of Central Queensland retained the life-saving emergency services of the RACQ’s airborne intensive care unit.

NOTE:

[1] includes the addition of the recently acquired Coal & Allied assets and associated legacy community support initiatives Yancoal will continue to support.