Approaches and Strategies of BHP’s Sustainability

BHP (Broken Hill Proprietary Billiton Ltd.) is a mining company whose segments include iron ore, copper, coal and petroleum.BHP's business model is divided into three parts: input, process and output.This report conducts a risk assessment for BHP's sustainability issues.It focuses on the implications based on these issues.The possibilities and consequences of these problems are combined, and the risks are assigned priorities.According to the risk matrix, the risk level is determined to be extreme, high, medium and low.The report focuses on the implications based on these questions.The impacts on BHP brought by these issues, including altering the supply of raw materials to mining sites, disrupting operations, shifting demand for mineral commodity, increasing of cost, losing of benefits, misallocation company's resources, making poor business decisions, could not attract and retain better talent and affecting company's reputation negatively.Finally, this report forwards some countermeasures to the problem of sustainable development.For greenhouse gases, companies can develop artificial intelligence technology to help companies allocate resources to improve production efficiency.Secondly, in terms of water resource shortage, BHP should manage the water resources in the mining area in a unified manner during the mining process and reduce the damage to biodiversity.In addition, BHP should establish a healthy corporate culture and win public trust.