Canada Nickel Releases 2023 ESG Report
"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
In 2023,
"At
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 in payments to Indigenous Nations for capacity building and compensation for potential impacts of exploration work on rights and interests. - 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 allocated to local programs and partnerships. -
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 ofCanada'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
Looking ahead,
For more information and to read the full 2023 ESG Report, please click here.
About
For further information, please contact:
Phone: 647-256-1954
Email: info@canadanickel.com
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/canada-nickel-releases-2023-esg-report-302294842.html
SOURCE