Nouveau Monde Releases Inaugural ESG Report – Key Focus on Environmental Excellence and Sustainability
» Nouveau Monde continues to be committed to its “Zero Harm” principle, including industry-leading ESG standards, carbon neutrality, and traceability to help power the clean energy transition
» The Company’s inaugural ESG report provides an overview of Nouveau Monde’s core commitments and anchor initiatives
» Nouveau Monde develops its carbon-neutral operations in
» Robust disclosure and measurement as per international standards ensure transparency and accountability at every step of the Company’s development of what is projected to be the Western World’s largest battery-grade graphite operation
Nouveau Monde has embedded leading ESG principles in its business model alongside carbon-neutral operations and traceability of its value chain. Sustainability guided the development of the Matawinie mining project from day one through extensive stakeholder engagement and pioneering design choices to protect the environment, and was carried over in the engineering of the
+ All-electric open-pit mine and processing facilities underpinned by clean hydropower
+ Progressive land management via innovative and safe co-disposal tailings process and ongoing backfilling during mining operations
+ Collaboration and benefit-sharing agreement with the local communities for job creation, skills training, and community development
+ In-house R&D team as well as partnership with world-class research centers and industry coalitions to be at the forefront of battery advancements
+ Proprietary anode material purification ecotechnology to reduce energy and harmful chemical consumption
Arne H Frandsen, Chairman of Nouveau Monde, commented: “Battery minerals cannot power a sustainable energy revolution unless their extraction and value-added transformation are done on a “Zero-Harm” basis. Nouveau Monde has anchored its business strategy on the essence of best-of-class ESG principles, where we focus on protecting the natural environment that has created our unique graphite anode raw materials. We are committed to our Zero-Harm philosophy while we aim at being a catalyst for growth and shared value for people and the environment in which we live. We as a team develop what is projected to be the Western World’s largest anode quality graphite operation, supporting the electrification of mobility as well as the renewable energy storage markets.”
The Company’s inaugural ESG Report provides an overview of Nouveau Monde’s historical and current commitments, anchor initiatives, and footprint with a view to contributing to global sustainability goals. From mining and advanced manufacturing to electric vehicles and energy storage, Nouveau Monde strives to drive greater sustainability along its value chain.
The Company has aligned its disclosure with internationally recognized frameworks, namely the United Nations’
About Nouveau Monde
Nouveau Monde 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 sustainability goals and commitments, the Company’s initiatives outlined in the ESG Report, including the all-electric open-pit mine, the Company’s commitment to our Zero-Harm philosophy, the Company’s contribution to growth and shared value, the expected importance of the Company in the
Forward-looking information and 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 information and 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. Unpredictable or unknown factors not discussed in this Cautionary Note could also have material adverse effects on forward-looking statements.
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.
Neither the
Further information regarding the Company is available in the SEDAR database (www.sedar.com), and for
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VP Communications & ESG Strategy
+1-450-757-8905 #140
jpaquet@nmg.com
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