Fortescue Metals Group announced the extension of its waste management services contract to PTK Environmental Services, an Aboriginal owned and operated business, for a further five years. The extension brings the total value of contracts and subcontracts awarded to Aboriginal companies under Fortescue’s Billion Opportunities procurement initiative to more than A$2.5 billion, since the program’s inception in 2011.
|Photo courtesy of Fortescue|
“Our Billion Opportunities program is a critical element of our commitment to provide economic and employment opportunities for Aboriginal people,” Fortescue’s Chief Executive Officer Elizabeth Gaines said. “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 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,” said Tammy O’Connor, PTK director and shareholder. “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.”
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.