Established over 140 years ago, Peabody stands as a global leader in the coal mining industry. Our enduring success is built on the strength, dedication, and expertise of our people. Our Human Capital Statement reflects our unwavering commitment to our values: fostering a workplace that prioritizes safety, values people, upholds integrity, promotes leadership, pursues excellence, focuses on customers, and champions sustainability.
Safety First:
Safety is paramount in everything we do. We are committed to maintaining a workplace that prioritizes the health and well-being of our employees. Our goal is to achieve and sustain zero harm through rigorous safety protocols, continuous training, and a culture that empowers all employees to prioritize safety in every aspect of their work and speak up as a change agent – including through our anonymous “Tell Peabody” line – to address potentially unsafe situations.
People-Centric Culture:
At the heart of our success is our people. Peabody is working to cultivate a people-centric culture that values the diverse backgrounds and experiences of our workforce, and to foster an environment where every employee feels respected, heard, and empowered to contribute those unique skills and perspectives.
Peabody acknowledges the significant risk to our business of not being able to access the talent necessary for our operations to succeed. We are working to address this risk in a number of ways:
- We are establishing talent pipelines high schools, trade schools, and universities, including programs designed to recruit from diverse groups historically underrepresented in our workforce.
- We are recruiting internationally for hard-to-fill technical roles and leveraging favorable work visa arrangements between the United States and Australia.
- We are building on our previous success in recruiting military veterans to our business with targeted outreach.
Integrity in Action:
We uphold the highest standards of integrity in all our dealings. Peabody's commitment to ethical conduct and transparency builds trust within our workforce and with external stakeholders. We believe that integrity is the foundation upon which lasting success is built, and we encourage our people to speak up– including through our anonymous “Tell Peabody” line – when they encounter any behavior that fails to meet these high standards.
Leadership Development:
Peabody recognizes the importance of leadership at every level of our organization. We invest in leadership development programs – particularly for our front-line leaders – to nurture and empower our employees to take on leadership roles, driving innovation and guiding the company towards sustained growth. We believe that training our leaders to be engaged and effective managers is the best way to support and develop our entire workforce, which in turn drives results for our stockholders.
Commitment to Excellence:
Excellence is a non-negotiable standard at Peabody. We encourage a mindset of continuous improvement and strive for excellence in our operations, technologies, products, and services. Our commitment to excellence positions us as leaders in the coal mining industry.
Customer Focus:
Peabody places a strong emphasis on understanding and exceeding customer needs and expectations. By actively engaging with our customers on a variety of issues, we help ensure that our products, our services, and the way we operate our business meet their evolving needs. Customer partnership and satisfaction is not just a goal; it is the cornerstone of our success.
Sustainability at the Core:
As a responsible global citizen, sustainability is embedded in the core of Peabody's operations. We recognize the importance of minimizing our environmental footprint, contributing positively to the communities in which we operate, and ensuring the long-term viability of our industry through sustainable practices.
By investing in our human capital, we not only secure the success of our company but also contribute to a resilient and sustainable future for our employees, our customers, and the communities in which we operate.