Fortescue reaches Billion Opportunities milestone with extension of waste management contract
Fortescue Metals Group’s (Fortescue) has announced the extension of its waste management services contract to PTK Environmental Services (PTK), an Aboriginal business owned and operated by Palyku member Tammy O’Connor, for a further five years. The extension of the contract with PTK brings the total value of contracts and subcontracts awarded to Aboriginal businesses and joint ventures under Fortescue’s Billion Opportunities procurement initiative to over A$2.5 billion, since the program began in 2011.
Fortescue’s Chief Executive Officer, Elizabeth Gaines, said “Our Billion Opportunities program is a critical element of our commitment to provide economic and employment opportunities for Aboriginal people.
“We are incredibly proud to partner with over 120 Aboriginal businesses and joint venture partners and to support the growth and development of driven business leaders like Tammy O’Connor, to build capability and capacity and contribute to the ongoing sustainability of Aboriginal companies.
“We have worked with Tammy and PTK for a number of years and building on the initial services contract awarded in 2017. We are delighted to extend the contract for these significant waste management services for a further five years,” Ms Gaines said.
PTK Director and shareholder Tammy O’Connor said, “We pride ourselves on the safe, high quality services we provide and it is great to have this recognised by Fortescue with the extension of our contract.
“The flow on effect of our work with Fortescue has huge benefits for the community by providing real opportunities for people to get jobs and support their families.”
Fortescue’s Chief Operating Officer, Greg Lilleyman, said “Reducing waste through the prevention, reduction, recycling and reuse of materials produced during operations is a priority for Fortescue.
“Last financial year, Fortescue recycled 91 per cent of non-mineral waste, such as food, packaging and office consumables, from across our sites. We look forward to working with Tammy and the PTK team as we continue to reduce and manage our waste.”
During the half year, Fortescue’s Billion Opportunities program supported Aboriginal companies with over A$258 million in new contracts awarded to 16 Aboriginal businesses.