NMG presents shareholders and stakeholders with its 2021 ESG Report documenting its impact, contribution and managerial approach in relation to key 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.

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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 development, we have set targets to continuously enhance our performance and leadership. There are exciting milestones ahead for NMG with the upcoming commissioning of our Phase-1 coating unit, completing our integrated 2,000 tpa anode material production line, and the release of our updated feasibility study for our ore-to-battery-material Phase-2 operations. I am confident in the team we have assembled to lead this next phase of our growth, with an uncompromising focus on safety, discipline, and efficiency to meet the market’s demand for responsibly-extracted, environmentally-transformed, and fully traceable battery materials.”

NMG’s disclosure is aligned with the United Nations’ Sustainable Development Goals (SDGs), the Global Reporting Initiative (“GRI”), the SASB Standards for the Metals & Mining sector, and the UN Global Compact. The Company acknowledges the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD) and intends to gradually implement that framework into its reporting, along with the to-be-published GRI Sector Standard for Mining and the Mining Association of Canada’s Towards Sustainable Mining initiative. NMG also monitors the work of the International Sustainability Standards Board, the Canadian Securities Administrators and the Securities Exchange Commission on upcoming climate-related disclosure requirements.

Source: Nouveau Monde Graphite Inc.