The Water focus area within the Healthy Environment theme is how we protect, preserve and restore our water catchments to support resilient operations, communities and the environment.
Water is a key priority for a wide variety of stakeholders, and a critical enabler of our operational performance, as well as long-term growth. It is recognised by the UN as a fundamental human right and closely linked to our wider sustainability agenda - including nature, climate resilience and community wellbeing.
Our updated approach introduces business-specific targets, enabling us to address both water-scarce and non-water scarce areas and focus on local water priorities.
This is in line with international best practice, which is to set targets and take actions that are meaningful to all stakeholders and create holistic value, as well as improving operational resilience. It also helps us better track outcomes like collaboration, trust-building, and governance improvements, which are often hard to measure.
Water stewardship is an on-going journey. As our understanding evolves, we are committed to enhancing transparency, strengthen partnerships and support initiatives that build catchment resilience.
We take a responsible water stewardship approach, that focuses on operational performance, local catchment health and long-term resilience.
These targets are designed to create value across multiple dimensions, including biodiversity and ecosystem services, community and social license, climate adaption and operational resilience.
Our approach includes:

Protect, preserve and restore our water catchments to support resilient operations, communities and the environment.
Business-specific targets focus on local water priorities, align with asset strategies, and include time-based milestones to track progress. Business-specific targets include:
Context
Situated in the upper Doce River Basin, a region with highly variable rainfall and significant pressures from erosion, sedimentation, and deforestation. Minas-Rio faces additional challenges from periodic droughts, intense rainfall events, and water quality deterioration driven by untreated sewage, industrial effluent and agrochemical runoff.
Target
Support the protection of watersheds through forest restoration, local government initiatives, and improved operational systems to use water efficiently.
Sub-targets and milestones
* Subject to external Government approval to advance the technical recommendations identified through the completed studies.
Context
Operations are located in central Chile within the Maipo and Aconcagua basins, regions under severe water stress, with increasing pressure on fresh water sources due to a decade long drought, climate change-driven snowpack decline, and competing demands from agriculture, urban growth, and mining.
Target
Achieve zero fresh water use at Los Bronces in the mining process by 2030 and strengthen community resilience to climate-related water risks.
Sub-targets and milestones
* The Rural Water Model is an initiative to strengthen capacity within communities and water rural organisations in the area of influence of our operations.
** The SIGTH integrates water data to support water management.
Context
Sishen and Kolomela are in semi-arid catchments with low rainfall, high evaporation, and heavy reliance on groundwater for all users including mining, municipal, and agriculture. The hydrological system is fragile, with limited recharge, growing demand, and climate variability.
Target
Support equitable water access and ecosystem resilience through surplus water management and groundwater recharge.
Sub-targets and milestones
* Shared water challenges are inclusive of water scarcity or seasonal variability, pollution and declining water quality, ecosystem degradation, flooding or drought risks, governance gaps.
Context
Operations are located within the Moquegua and Tambo watersheds, regions facing water stress due to limited natural infrastructure, climate variability, and competing demands from agriculture, communities, and mining.
Target
Contribute to resilient water stewardship by supporting measures to improve water security, risk management and inclusive access.
Sub-targets and milestones
You can access all documents related to Water by using the link below. On the ‘Reporting, data and policies’ page, you will also be able to access all ESG documents relating to our Sustainability Strategy.
Use this model to learn about the themes and focus areas within our Sustainability Strategy.