Sherritt Publishes its 2018 Sustainability Report

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Jun 21, 2019 10:45 am
TORONTO -- 

Sherritt International Corporation ("Sherritt") (TSX: S) today announced the release of its 2018 Sustainability Report that outlines the company’s approach to sustainability and its performance for the year. The report, which was prepared in accordance with the Global Reporting Initiative’s Standards, is available online at http://sustainability.sherritt.com.

“Sherritt’s purpose is to be a low-cost nickel producer that creates sustainable prosperity for all stakeholders,” said David Pathe, President and CEO of Sherritt International. “To fulfil that purpose, sustainability must underpin every major decision we make. We need innovation to address some of the biggest issues in our industry. More than ever, we need to foster a diverse and inclusive culture where people feel valued and feel comfortable speaking up, knowing that their ideas and opinions matter.”

The report contains Sherritt’s 2018 performance in support of its goal of being recognized as a responsible supplier as measured against the four pillars of its Sustainability Framework: Providing a Safe and Rewarding Workplace; Operating Ethically; Demonstrating Environmental Responsibility; and Engaging Stakeholders and Benefitting Communities.

2018 Sustainability highlights include:

  • Achieved peer-leading safety performance over a three-year period. During this time, Sherritt’s Total Recordable Injury Frequency Rate (TRIFR) decreased by 63%, while its Lost Time Injury Frequency Rate (LTIFR) decreased by 71%.
  • Completed a third-party audit of the implementation of Voluntary Principles on Security and Human Rights at Sherritt’s refinery in Fort Saskatchewan, Alberta.
  • Achieved an overall reduction of 5% in Scope 1 greenhouse gas emissions compared to 2017 and an overall reduction of 11% in energy usage compared to the previous year.
  • Continued to support a road safety program by UNICEF for children in Cuba.
  • Generated more than $1 billion in economic benefits for host communities where Sherritt maintains operations, including Canada, Cuba and Madagascar.

About Sherritt
Sherritt is a world leader in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba and Madagascar. The Corporation is the largest independent energy producer in Cuba, with extensive oil and power operations across the island. Sherritt licenses its proprietary technologies and provides metallurgical services to mining and refining operations worldwide. The Corporation’s common shares are listed on the Toronto Stock Exchange under the symbol “S”.

Joe Racanelli, Director of Investor Relations
Email: investor@sherritt.com
Telephone: (416) 935-2457

Jennifer Prospero, Manager, Sustainability
Telephone: (416) 935-2276
Email: jennifer.prospero@sherritt.com
www.sherritt.com

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).