NMG Releases 2021 ESG Report and Provides Notice of its Annual General and Special Meeting of Shareholders
- NMG’s 2021 ESG Report provides a transparent and comparative overview of the Company’s performance on material topics such as climate action, governance, community participation, energy and water management, among others.
- The Company demonstrates progress on its sustainability initiatives and builds on Moody’s recommendations following the A2 – Robust Sustainability Rating received.
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NMG’s Annual General and Special Meeting of Shareholders to be held on
June 16, 2022 ; link provided below and via the Company’s Notice of Meeting and Management Information Circular. - Dedicated to powering a cleaner future, NMG is working towards establishing a local, responsible, carbon-neutral and reliable source of advanced graphite materials to support global decarbonization.
Consult NMG's 2021 ESG Report at https://nmg.com/wp-content/uploads/2022/05/NMG-2021-ESG-Report.pdf (Graphic: Business Wire)
Dedicated to powering a cleaner future, NMG continually seeks to elevate the environmental and ethical DNA of its processes, products, and practices. The Company has strengthened its sustainability practices and disclosure on the back of the positive feedback received by Moody’s ESG Solutions earlier this year.
Arne H Frandsen, Chair of NMG, commented: “Against a backdrop of major global disruptions and challenges, we made considerable headway in 2021 towards our vision of driving the transition to a green future through sustainable zero-carbon solutions. We are striving to drive the emergence of a new advanced materials sector powered by clean energies, developed in partnership with communities and aiming at circularity. ”
Following its extensive assessment, Moody’s provided a Sustainability Rating of A2 (‘Robust’), the second-highest grade on its rating scale, to NMG. In its opinion, Moody’s highlighted the integration of ESG factors in the Company’s strategy, operations, and risk management, a rising demand from investors, asset managers, securities regulators and civil society. It should be noted that NMG’s ESG reporting rate is almost
In addition to its unwavering Zero-Harm Philosophy, NMG advanced its 2021-2023 Sustainability Action Plan, issued its Climate Action Plan 2022-2030 that maps its transition from carbon neutrality to Net Zero and reinforced its policies, structures and programs to align the Company with the best-in-class ESG practices. Through its 2021 ESG Report, NMG has also set targets to improve its ownership and stewardship of material issues such as diversity and inclusion, environmental management, Indigenous partnership, biodiversity and responsibility towards its supply chain.
NMG’s disclosure is aligned with the United Nations’
Annual General and Special Meeting of Shareholders
NMG will hold its Annual General and Special Meeting of Shareholders on
Items on the agenda include (a) the presentation of the Company’s consolidated audited financial statements for the fiscal years ended
The meeting will be complemented with a corporate presentation by President and CEO
Shareholders entitled to vote at the meeting will be those who are shareholders as at the close of business on the record date, being
About
NMG is striving to become a key contributor to the sustainable energy revolution. The Company is working towards developing a fully integrated source of carbon-neutral battery anode material in
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Cautionary Note Regarding Forward-Looking Information
All statements, other than statements of historical fact, contained in this press release including, but not limited to those describing the Company’s intended production of carbon-neutral advanced graphite materials, the Company’s ESG goals, aspirations and commitments, including the Company’s aim at circularity and its intended transition from carbon neutrality to Net Zero, the Company’s initiatives outlined in the ESG Report and the achievement of the targets described therein, the deployment of the Sustainability Action Plan and the Climate Action Plan, the Company’s commitment to our Zero-Harm philosophy, the Company’s development plans, the timeline and progress of the initiatives described in this press release, , the intended results of the initiatives described in this press release, and those statements which are discussed under the “About Nouveau Monde Graphite” paragraph and elsewhere in the press release which essentially describe the Company’s outlook and objectives, constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of Canadian and
Forward-looking statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. Risk factors that could cause actual results or events to differ materially from current expectations include, among others, delays in the scheduled delivery times of the equipment, the ability of the Company to successfully implement its strategic initiatives and whether such strategic initiatives will yield the expected benefits, the availability of financing or financing on favorable terms for the Company, the dependence on commodity prices, the impact of inflation on costs, the risks of obtaining the necessary permits, the operating performance of the Company’s assets and businesses, competitive factors in the graphite mining and production industry, changes in laws and regulations affecting the Company’s businesses, political and social acceptability risk, environmental regulation risk, currency and exchange rate risk, technological developments, the impacts of the global COVID-19 pandemic and the governments’ responses thereto, and general economic conditions, as well as earnings, capital expenditure, cash flow and capital structure risks and general business risks. A further description of risks and uncertainties can be found in NMG’s Annual Information Form dated
Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking statements or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.
The market and industry data contained in this press release is based upon information from independent industry publications, market research, analyst reports and surveys and other publicly available sources. Although the Corporation believes these sources to be generally reliable, market and industry data is subject to interpretation and cannot be verified with complete certainty due to limits on the availability and reliability of raw data, the voluntary nature of the data-gathering process and other limitations and uncertainties inherent in any survey. The Corporation has not independently verified any of the data from third-party sources referred to in this press release and accordingly, the accuracy and completeness of such data is not guaranteed.
Neither the
Further information regarding the Company is available in the SEDAR database (www.sedar.com), and for
View source version on businesswire.com: https://www.businesswire.com/news/home/20220519005423/en/
MEDIA
VP Communications & ESG Strategy
+1-450-757-8905 #140
jpaquet@nmg.com
INVESTORS
Director, Investor Relations
+1-450-757-8905 #993
mjasmin@nmg.com
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