https://www.miningweekly.com

Canada miners listed among world’s most sustainable corporations

26th January 2021

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Canada’s Agnico Eagle and Teck Resources have earned themselves places on the Corporate Knights’ latest index of the world’s most sustainable corporations, garnering recognition as leaders in sustainability on a global stage.

With an overall score of 60.6%, Agnico Eagle placed seventy-third and is the top-ranked mining company appearing on the 2021 Global 100 list.

In ninety-first place is Teck, with an overall score of 55.6%. This is the third consecutive year that Teck has been named to the Global 100 list.

“We are focused on responsibly producing the metals and minerals necessary for the transition to a low-carbon economy and for building a better quality of life for people around the world,” said Teck CEO Don Lyndsay.

The selection process for the 2021 list began with an assessment of 8 080 companies – representing more than $1-billion in revenues – evaluating them based on a set of environmental, governance, social and economic key performance indicators, including new social criteria reflected by both the pandemic and the Black Lives Matter movement.

“We are extremely proud to be recognised as one of the world’s 100 most sustainable corporations, especially as the top-ranking mining company,” said Agnico Eagle senior VP sustainability, people and culture Carol Plummer.

“For over 60 years, Agnico Eagle has worked hard to earn our reputation as a partner of choice within the industry by operating with respect for others, building trust, being reliable and sharing opportunities.”

The most sustainable company on the 2021 Global 100 index is French firm Schneider Electric.

Over the last 20 years, Schneider Electric has moved away from high-voltage electrical distribution to focus on data centres, decentralised electrical distribution (including off-grid solar storage) and smart solutions to make the world more electric, energy efficient, renewable and digital.

Corporate Knights states that Schneider Electric earned the top spot in the ranking because of its strong performance across a range of sustainability criteria. The company earned 70% of its revenue from sustainable solutions, while 73% of its investments are directed toward sustainable solutions. It also performed strongly in areas including racial and gender diversity and resource productivity and safety.

 

Edited by Creamer Media Reporter

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION