Canada Nickel Releases 2023 ESG Report
Canada Nickel Company has released its 2023 ESG Report, highlighting significant achievements in sustainable mining practices. The company reported zero fatalities and lost-time injuries, achieved 50% local hiring, and spent 27% of its budget on local procurement. Key accomplishments include increasing permanent carbon storage potential to 1.3 million tonnes of CO2 annually, reducing exploration emission intensity from 37 to 31 kg CO2e per metre drilled, and investing $446,440 in Indigenous partnerships.
The company strengthened its governance with 33% female board representation and established an ESG Committee. Community investments included $1.5M allocated to local programs and partnerships. The report demonstrates Canada Nickel's commitment to environmental stewardship, social responsibility, and Indigenous reconciliation as it advances the Crawford Nickel Sulphide Project in Ontario.
Canada Nickel Company ha pubblicato il suo Rapporto ESG 2023, evidenziando risultati significativi nelle pratiche minerarie sostenibili. L'azienda ha registrato zero fatalità e infortuni con tempi di inattività, ha raggiunto il 50% di assunzioni locali e ha speso il 27% del suo budget per acquisizioni locali. Tra i principali risultati figurano l'aumento del potenziale di stoccaggio permanente del carbonio a 1,3 milioni di tonnellate di CO2 all'anno, la riduzione dell'intensità delle emissioni di esplorazione da 37 a 31 kg CO2e per metro trivellato, e un investimento di $446.440 in partnership con le comunità indigene.
L'azienda ha rafforzato la propria governance con una rappresentanza femminile del 33% nel consiglio e ha istituito un Comitato ESG. Gli investimenti nella comunità hanno incluso $1,5 milioni destinati a programmi locali e partnership. Il rapporto dimostra l'impegno di Canada Nickel nella gestione ambientale, nella responsabilità sociale e nella riconciliazione con le popolazioni indigene, mentre avanza il Progetto di Solfuri di Nickel di Crawford in Ontario.
Canada Nickel Company ha publicado su Informe ESG 2023, destacando logros significativos en prácticas mineras sostenibles. La empresa reportó cero fatalidades e incidentes con tiempo perdido, alcanzó un 50% de contrataciones locales y gastó el 27% de su presupuesto en adquisiciones locales. Entre los logros clave se incluye el aumento del potencial de almacenamiento permanente de carbono a 1,3 millones de toneladas de CO2 anualmente, la reducción de la intensidad de emisiones de exploración de 37 a 31 kg CO2e por metro perforado, e inversiones por $446,440 en asociaciones indígenas.
La empresa fortaleció su gobernanza con un 33% de representación femenina en la junta y estableció un Comité ESG. Las inversiones comunitarias incluyeron $1.5 millones asignados a programas locales y asociaciones. El informe demuestra el compromiso de Canada Nickel con la gestión ambiental, la responsabilidad social y la reconciliación indígena, mientras avanza en el Proyecto de Sulfuro de Níquel Crawford en Ontario.
캐나다 니켈 컴퍼니는 2023 ESG 보고서를 발표하며 지속 가능한 채굴 관행에서의 주요 성과를 강조했습니다. 이 회사는 사망자와 작업 중 부상자가 제로를 기록했으며, 50%의 현지 고용률을 달성하고 예산의 27%를 현지 조달에 사용했습니다. 주요 성과로는 연간 130만 톤의 CO2에 해당하는 영구 탄소 저장 잠재력을 증가시켰고, 탐사 중 배출 강도를 37에서 31 kg CO2e로 감소시켰으며, 원주민과의 파트너십에 $446,440를 투자한 것입니다.
회사는 이사회에서 여성의 비율을 33%로 늘리고 ESG 위원회를 설립하여 거버넌스를 강화했습니다. 지역 사회에 대한 투자에는 지역 프로그램에 $150만이 할당되었으며, 파트너십이 포함됩니다. 이 보고서는 캐나다 니켈의 환경 보호, 사회적 책임 및 원주민과의 화해에 대한 헌신을 보여주며, 온타리오의 크로포드 니켈 황화물 프로젝트를 진행합니다.
Canada Nickel Company a publié son Rapport ESG 2023, mettant en avant des réalisations significatives dans les pratiques minières durables. L'entreprise a rapporté zéro fatalité et accidents avec perte de temps, atteint 50% d'embauches locales et dépensé 27% de son budget pour des achats locaux. Parmi les principales réalisations, on note une augmentation du potentiel de stockage permanent de carbone à 1,3 million de tonnes de CO2 par an, une réduction de l'intensité des émissions d'exploration de 37 à 31 kg CO2e par mètre foré, et un investissement de 446 440 $ dans des partenariats avec les communautés autochtones.
L'entreprise a renforcé sa gouvernance avec une représentation féminine de 33% au conseil d'administration et a établi un Comité ESG. Les investissements communautaires comprenaient 1,5 million de dollars alloués à des programmes locaux et des partenariats. Le rapport démontre l'engagement de Canada Nickel envers la gestion environnementale, la responsabilité sociale et la réconciliation avec les peuples autochtones tout en faisant avancer le projet de sulfure de nickel de Crawford en Ontario.
Canada Nickel Company hat ihren ESG-Bericht 2023 veröffentlicht, in dem bemerkenswerte Erfolge in nachhaltigen Bergbaupraktiken hervorgehoben werden. Das Unternehmen berichtete von null Todesfällen und Arbeitsunfällen, erreichte eine lokale Einstellquote von 50% und gab 27% seines Budgets für lokale Beschaffung aus. Zu den wichtigsten Erfolgen zählt die Erhöhung des Potenzials zur permanenten Kohlenstoffspeicherung auf 1,3 Millionen Tonnen CO2 jährlich, die Reduzierung der Emissionsintensität bei der Erkundung von 37 auf 31 kg CO2e pro gebohrtem Meter und eine Investition von 446.440 $ in Partnerschaften mit indigenen Gemeinschaften.
Das Unternehmen stärkte seine Governance durch einen 33%igen Frauenanteil im Vorstand und gründete ein ESG-Komitee. Gemeindeinvestitionen umfassten 1,5 Millionen Dollar, die für lokale Programme und Partnerschaften vorgesehen waren. Der Bericht zeigt das Engagement von Canada Nickel für Umweltverantwortung, soziale Verantwortung und die Versöhnung mit den indigenen Völkern, während das Crawford Nickel Sulphide-Projekt in Ontario vorangetrieben wird.
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"The progress we made during 2023 speaks to the exceptional talent and dedication of our team and highlights the advanced steps we are taking as pioneers in the nickel industry," said Mark Selby, CEO of Canada Nickel Company. "As we look ahead, we remain focused on advancing our projects with sustainability and innovation at the forefront."
In 2023, Canada Nickel made several notable advancements in its ESG initiatives, including strengthening relationships with Indigenous Nations, reducing its environmental impact, enhancing social and community engagement, elevating governance and organizational practices, and improving health and safety. With these efforts, Canada Nickel is contributing to a future where resource development aligns with environmental stewardship, social responsibility, and meaningful reconciliation.
"At Canada Nickel, Indigenous reconciliation and community stewardship are not obligations, but are core principles embedded into our operations," said Pierre Philippe Dupont, Vice President of Sustainability. "As a responsible proponent, we recognize the importance of engaging in transparent dialogue, fostering economic opportunities, and ensuring our projects deliver long-term holistic benefits into the region in which we are fortunate to operate in."
Key Highlights of the 2023 ESG Report: (all amounts in Canadian dollars, unless otherwise indicated)
- Indigenous Partnerships and Engagement: Signing of two new Exploration Agreements;
$446,440 - Zero Fatalities and Lost-Time Injuries: No fatalities, lost-time injuries, or high-consequence injuries occurred.
- Contributions to Local Communities:
50% local hiring;27% of total budget spent on local procurement;$1.5M - GHG Emissions Reduction: Increased permanent storage (sequestration) potential to 1.3 million tonnes of CO2 annually over life of mine, positioning the Crawford Nickel Sulphide Project's vision of becoming one of
Canada 's largest, andOntario 's largest, permanent carbon storage sinks; reduced exploration related emission Intensity (kg of CO2e per metre drilled) from 37 in 2022 to 31 in 2023. - Strengthening Governance Structures: Female representation on the Board (
33% ); refined policies at the Board and Committee levels; established Canada Nickel's ESG Committee.
"At Canada Nickel, we believe that sustainability is a key part of building a thriving business that will endure for generations to come", said Francisca Quinn, Chair of the ESG Committee of Canada Nickel's Board. "The programs and achievements highlighted in this report reflect our dedication to integrating sustainability into everything we do. We believe that transparency is crucial, and as an industry leader, we're excited to share how we're creating lasting value for all our stakeholders."
Looking ahead, Canada Nickel is committed to building on its ESG achievements as it advances the Crawford Nickel Sulphide Project in the Timmins Nickel District,
For more information and to read the full 2023 ESG Report, please click here.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM, and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its
For further information, please contact:
Mark Selby, CEO
Phone: 647-256-1954
Email: info@canadanickel.com
Sydney Oakes, Director of Indigenous Relations and Public Affairs
Phone: 905-929-7151
Email: sydneyoakes@canadanickel.com
Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors, which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Canada Nickel Company Inc.
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