Business
Nouveau Monde Graphite Releases 2021 ESG Report and Provides Notice of its Annual General and Special Meeting of Shareholders
MONTRÉAL / May 19, 2022 / Business Wire / Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) presents shareholders and
About this update from Nouveau Monde Graphite Inc
[{"type":"text","content":"MONTRÉAL / May 19, 2022 / Business Wire / Nouveau Monde Graphite Inc. (“NMG”, “Nouveau Monde” or the “Company”) (NYSE: NMG, TSXV: NOU) presents shareholders and stakeholders with its 2021 ESG Report documenting its impact, contribution and managerial approach in relation to key environmental, social and governance (“ESG”) topics ahead of its Annual General and Special Meeting of Shareholders. 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 20% above its sector average, demonstrating an adequate identification of material issues and due consideration for transparency. 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. Eric Desaulniers, Founder, President, and CEO of NMG, added: “With our sight on the next phase of our developme...