Patons Lane CLC Meeting

Transcription

1 CONTENTS 01 INSERT DIVIDER TITLE 3 02 INSERT DIVIDER TITLE 4 03 INSERT DIVIDER TITLE 5 04 INSERT DIVIDER TITLE 6 05 INSERT DIVIDER TITLE 7 06 INSERT DIVIDER TITLE 8 07 INSERT DIVIDER TITLE 9 08 INSERT DIVIDER TITLE INSERT DIVIDER TITLE 11 Patons Lane CLC Meeting BINGO INDUSTRIES LIMITED 20 February INSERT DIVIDER TITLE INSERT DIVIDER TITLE INSERT DIVIDER TITLE 14 A INSERT DIVIDER TITLE 15

2 Agenda Overview of existing operations Driving a circular economy through resource recovery Patons Lane RRC status update Page 1

3 Section 1 Overview of existing operations Page 2

4 1 Overview of existing operations From humble beginnings Bingo has evolved from a small family business in Western Sydney to a fully integrated recycling and waste management company across NSW and VIC Summary of highlights 2005 Tartak family bought B&D skip business, Bingo in Western Sydney 2015 Acquired Toro waste equipment St Marys, Auburn & Banksmeadow open Fleet of 95 in Sydney 2017 Listed on the ASX Entry to Victoria Acquisitions of NRG & Patons Lane Fleet of over 261 trucks in NSW & VIC Bingo expands into C&I market Total fleet of 65 in Sydney Mortdale centre opens 2014 Bingo expands into Hunter Valley Minto, Tomago and Smithfield centres open Fleet of 123 in Sydney 2016 Page 3

5 1 Overview of existing operations Overview of Bingo Strategic network of recycling facilities VICTORIA DATS Campbellfield DATS West Melbourne NEW SOUTH WALES CBD CBD Patons Lane RRC and landfill Helensburgh Wollongong DATS Artarmon Newcastle CBD Existing recycling centres New recycling centres About Bingo Bingo is a leading recycling and waste management Company providing end-to-end solutions across the waste management supply chain including: waste collection, processing, separation and recycling Our vision is to be the leading waste management and environmental solutions provider in Australia Our strategy is to provide a differentiated approach to waste management by focusing on a high level of service and reliability Waste collection and processing in the Building and Demolition (B&D) and Commercial and Industrial (C&I) sectors The Bingo Way landfill diversion, recycling, and helping to create a circular economy Employees Fleet (trucks) Recovery facilities (RRCs) EMPLOYEES 193 NSW 68 VIC SITES Note: operating figures includes Bingo s recent acquisitions (National Recycling Group (including DATS) and Paton s Lane). Page 4

6 1 Overview of existing operations Where we play Bingo s integrated collection and post-collection activities are focused on the collection, separation, processing and recycling of B&D and C&I waste Waste material flows Waste type and industry participant Tipping facilities Pre-treatment / screening facilities Processors / recyclers End uses Building & Demolition Recycling Centre / Materials Recovery Facility (MRF) Reused Fragmented market including large number of smaller collections businesses Solid Transfer Station General Solid Waste (GSW) Landfill Restricted Waste Landfill Specialist reprocessors of single waste streams Bingo currently reprocesses select materials and plans to add further reprocessing capabilities Recycled Commercial & Industrial Waste can be classified as hazardous and non-hazardous Hazardous Waste Treatment Facility Recovered for energy International waste management companies generally with national or regional footprint Liquid Sewerage Treatment Plant Treated for disposal Municipal Solid Waste (MSW) Liquid Waste Treatment Facility Disposal Focus areas for Bingo Page 5

7 1 Overview of existing operations Bingo s compliance policy Bingo manages its environmental responsibilities through our ISO 14001:2004 accredited environmental management systems which successfully completed an annual audit in September 2017 We take proactive measures to ensure we maintain compliance in accordance with our high standards, monitored through our Safety, Environment and Quality (SEQ) committee which include: All incoming loads are checked for non-conforming materials at weighbridge All loads are spread once tipped and inspected for non-conforming materials All sites are subject to daily supervisor checks for compliance All sites are subject to a weekly compliance audit Our compliance team provides formal reports on SEQ performance, risks and management actions to the senior management team on a monthly basis We provide education and compliance training to all our employees We understand that no matter how proactive and thorough our policies are, incidents do occur, and where an incident has occurred we are responsive in our remediation efforts to quickly resolve the situation Bingo maintains a comprehensive insurance coverage for unforeseen events Page 6

8 Risk mitigation Risk management and quality control imperative BOARD OF DIRECTORS Operations Audit & Risk Committee, Continuous Disclosure Committee, Safety, Environment & Quality (SEQ) Committee EXECUTIVE TEAM ENVIRONMENT SAFETY QUALITY Biannual surveillance audits against ISO 14001:2004 Environmental Management Systems requirements Weekly audits of each resource recovery facility and monthly reports to the Board Engagement with the EPA at both the Board and executive management level Regular training for staff on policies and procedures EPA site visits Independent audit of recovery rates and emissions Biannual surveillance audits against AS4801:2001 OH&S Management System requirements Bingo Live system to monitor driver fatigue Reporting on SEQ performance, risks and management actions to management on a monthly basis and SEQ committee on a quarterly basis Safety training through leadership courses and nationally recognised training programs Biannual surveillance audits against ISO9001:2008 Quality Management System requirements Integrated quality management system Excellence in customer service Bingo Live provides real time reports on the quantity of waste collected, quantity of recyclables collected and rebate by recycling stream as well as KPI tracking Standardised level of operational standards for all Bingo sites Page 7

9 CONTENTS 01 INSERT DIVIDER TITLE 3 02 INSERT DIVIDER TITLE 4 03 INSERT DIVIDER TITLE 5 04 INSERT DIVIDER TITLE 6 05 INSERT DIVIDER TITLE 7 06 INSERT DIVIDER TITLE 8 07 INSERT DIVIDER TITLE 9 08 INSERT DIVIDER TITLE INSERT DIVIDER TITLE INSERT DIVIDER TITLE 12 Section 2 11 INSERT DIVIDER TITLE INSERT DIVIDER TITLE 14 A INSERT DIVIDER TITLE 15 Driving a circular economy through resource recovery

10 2 Driving a circular economy through resource recovery Closing the loop Mixed waste is taken to our recycling centres, from there the waste is sorted and separated into the following material classes for further processing and recycling Indicative B&D waste material flow Collection Transportation Separation & processing Where the waste materials are sent for further processing, future use or disposal Closing the loop Customer Resource & Recovery Facilities Materials Bingo creates the following Reuse Bingo collects the waste from client site All waste is transported to Bingo Resource and Recovery Centres (RRC s) ` Timber / Green Waste Recycled Soil Metal / Steel / Non Ferrous Brick / Concrete Timber Green waste Mulch Compost ` ` Housing / residential / landscaping Landscaping / soil conditioner Cardboard / Paper / Plastic Plasterboard / Gyprock Residual waste Brick / Concrete Road base ` Civil works / Infrastructure projects Page 9

11 2 Driving a circular economy through resource recovery Driving a circular economy Mixed waste is sorted and separated at Bingo recycling centres to create 14 different materials, five of which currently contribute to our revenue Bingo s in-house reprocessing capabilities Resource & Recovery Facilities: Enhanced waste processing and recycling capabilities through the addition of advanced waste processing technologies New processing capabilities provide the following benefits: Reduce Bingo s tipping costs Green Waste Brick & Concrete Generate additional revenue streams Materials: Bingo re-processes and re-sells 5 of the 14 waste product streams it processes and diverts most others from landfill (shown to the right) Closing the Loop: The materials are used by a number of end-markets including civil works / infrastructure projects, landscaping, housing and residential use and is consistent with our sustainability targets (as well as supporting our clients goals) Various end markets Scrap Metal Steel Paper / Cardboard Page 10

12 2 Driving a circular economy through resource recovery Leader in transparency of recovery rates Bingo is advocating for greater transparency across the sector by voluntarily adopting independent verification of its resource recovery rates at key sites As part of our commitment to resource recovery reporting transparency, Bingo commissioned Arcadis to undertake an independent verification of our resource recovery rates at key sites FY2017 average resource recovery rates from Auburn and Minto sites are 79% and 75%, respectively Auburn achieved a best monthly recovery rate of 85% Minto averaged 85% from April to June 2017 As new facilities come online, Bingo will voluntarily add these into the annual recovery audit process. St Mary s will be included in the FY18 audit Note: diversion rates may vary due to mix of waste from month to month, this does not directly impact profitability. Page 11

13 2 Driving a circular economy through resource recovery Sustainability highlights ACHIEVED BEST MONTHLY DIVERSION RATE OF 85% AT THE MINTO FACILITY 11,867tCO 2 -e/pa OF ABATED EMISSIONS FROM RECOVERY OF MATERIALS $492,336 DONATED TO COMMUNITY GROUP & CHARITIES +225,000 TONNES OF BRICK & CONCRETE RECOVERED CONTINUED FOCUS ON SAFETY 57% IMPROVEMENT OF LTIFR FROM 9.9 TO 4.3 CONTINUED FOCUS ON SAFETY 198 EMPLOYEES UNDERTOOK CERTIFICATE III LEVEL TRAINING 2 PINK BINGO TRUCKS IN SUPPORT OF THE MCGRATH FOUNDATION & CANCER COUNCIL NSW SCHOOL EDUCATION PROGRAM REACHING 838 STUDENTS IN FY2017 Page 12

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15 What sustainability means to Bingo Sustainability is part of the fabric of our business; it is fundamental to our business strategy and underpins our future growth As a leading recycling and waste management company, we believe we have the opportunity to significantly contribute to the development of a circular economy in Australia Sustainability is a priority for the Board, management and all Bingo employees Our objective is to operate at the highest standards in the industry Business goals GROWING INNOVATION Through investing in new technology to increase recovery rates and drive a closed loop economy Enhance industry transparency for recycling and recovery ENVIRONMENTAL PRESERVATION Recycling is core to our business model with over 50% of revenue derived from recycling Be an advocate for change in diverting waste from landfill FOSTERING SAFETY Focus on injury prevention and mitigation Bingo Live management of safety i.e. driver fatigue Zero harm workplace CULTIVATING COMMUNITY Our culture is one team, one family. Support, development and inclusion underpins our strategy for our people and communities in which we operate Fostering a partnership between Bingo and our stakeholders to increase sustainable waste management practices Page 14

16 CONTENTS 01 INSERT DIVIDER TITLE 3 02 INSERT DIVIDER TITLE 4 03 INSERT DIVIDER TITLE 5 04 INSERT DIVIDER TITLE 6 05 INSERT DIVIDER TITLE 7 06 INSERT DIVIDER TITLE 8 07 INSERT DIVIDER TITLE 9 08 INSERT DIVIDER TITLE INSERT DIVIDER TITLE INSERT DIVIDER TITLE 12 Patons 11 INSERT DIVIDER Lane TITLE RRC INSERT DIVIDER TITLE 14 A INSERT DIVIDER TITLE 15 Status Update

17 Bingo Acquisition of Patons Lane RRC Bingo acquired Patons Lane RRC in mid December 2017 following a competitive market process and detailed due diligence Patons Lane RRC will form an integral part of Bingo s network of facilities that supports the growth of Western Sydney Bingo is committed to delivering and operating the facility in accordance with best practice, and ensuring that all stakeholders are actively engaged. Page 16

18 Site Establishment Program Activity Description / Approved Development Dewatering EPA approved dewatering plan Rehabilitation (I) Construction Rehabilitation (II) Upgrading and Sealing Preparatory Works Building Works Internal Roadwork Extraction Cell Construction Construct and shape the northern face (A) and parts of the eastern face (B) to their final rehabilitated landform and landscaping of those faces Construct the northern face (A) by reshaping the relevant bund walls to reduce heights in parts and raise heights in others Partially rehabilitate the existing southern (C) and south-western (D) bund walls through a reduction in elevation. Following re-shaping, conduct landscaping works to revegetate the surface and adjoining batters / slopes Upgrade and seal Patons Lane and parts of Luddenham road together with the refurbishment of the existing dual weighbridge and a new associated office Prepare the recycling and reprocessing area to create the required landform and create a suitable pad for the on-site warehouse and mobile equipment storage area Construct and commission onsite C&I storage and sorting building and an on-site wheel wash facility Construct internal road network Extract clay / shale in cell 1A and in the recycling and reprocessing area to provide suitable landforms for the intended uses and waste cover material Construction of cell 1A (life of 3 5 years), which involves constructing a leachate collection system, drainage layer and suitable clay liner Page 17

19 Delivery Overview Dec 2018 Mar 2018 June 2018 Sep 2018 Dec 2018 Mar 2019 June 2019 Finalise Contracts Establish SIte Dewatering Bulk Earthworks / Cell Infrastructure Roadworks / Recycling Facility Pre-Operations Planning Page 18

20 Activities Since Acquisition Met with Penrith City Council to introduce Bingo Met with Department of Planning and Environment to provide an update Engaged all professional advisers Negotiations with delivery contractors Completion of Patons Lane access road preparations Updated Patons Lane RRC website Page 19

21 Next Steps Install all noise and air quality monitoring equipment Finalise all construction contracts Commence site preparatory works (site accommodation, site access roads, relocatable noise wall) Finalise and submit planning modification Page 20

22 Planning Modification Bingo is proceeding with the planning modification which was presented to the CLC at the meeting held in October 2017 Bingo believes that the planning modification delivers a number of benefits to the community in terms of reduced noise, dust and traffic movements Bingo welcomes community and stakeholder feedback on the planning modification Further details to be provided once the planning modification has been finalised and lodged with the Department of Planning and Environment Page 21

23 QUESTIONS Page 22