Sherritt International Corporation
Sherritt’s primary business is focused on the production of nickel and cobalt for sale in the global market. Through our joint ventures, we produce electricity for the Cuban power grid using combined cycle technology, representing a cleaner alternative to electricity produced from the combustion of crude oil.
Sherritt recognizes the critical role businesses play in addressing global climate-related challenges. We implement a robust management system that is underpinned by global best practices and designed to ensure strict compliance with regulations and our operating licences. We continually seek ways to minimize the impacts of our operations on the environment.
Sherritt maintains active engagement with our stakeholders for the betterment of our operations, employees and the communities in which we operate. We recognize that we have an important role in providing opportunities for local communities to achieve their development goals. We are firmly committed to providing a safe and inclusive work environment, and to upholding human rights throughout our supply chain.
Sherritt recognizes the importance of having strong accountability mechanisms and governance structures in place and transparently reporting on the effectiveness of our policies and outcomes of our activities. Sherritt continues to engage third-party expertise to provide assurance related to our sustainability policies and results.
Visit our Sustainability Document Library to access our annual sustainability reports, our standards and policies and our responsible production and supply reports.
Our approach to sustainability is guided by Our Purpose and Our Values. Sherritt is committed to ensuring our operations meet industry best practices.
Our Sustainability Framework provides a focused and practical approach to addressing material sustainability issues, risks and opportunities and to enhance performance. The framework is underpinned by four key pillars. Within each of these pillars, Sherritt has made specific commitments, identified key organizational values and set corresponding targets to guide our decision-making. Implementation of the Sustainability Framework is supported by an integrated management system that sets company-wide standards for planning, implementation, measurement, reporting and assurance of sustainability efforts.
Our sustainability goals integrate the sustainability priorities across all of Sherritt’s businesses. Our goals address both current and emerging industry-wide issues and societal concerns while aligning with the United Nations’ Sustainable Development Goals (SDGs). These goals drive improved performance throughout our business and demonstrate our commitment to sustainability excellence.
Our sustainability goals are as follows:
Achieve Level A requirements in Towards Sustainable Mining (TSM) protocols across all operations.
Strengthen our safety culture, behaviour and performance.
Improve environmental management.
Create community benefit footprints that support local priorities and the SDGs.
Improve diversity at all levels throughout the Company.
Be recognized as a “preferred supplier” of responsibly produced products.
Sherritt is committed to producing and supplying minerals that meet industry best practices for sustainability and human rights, and to advancing that commitment with its joint venture partners, subsidiaries, and their suppliers and customers. Our responsible sourcing strategy encompasses all elements of the critical minerals supply chain from sourcing to production and the supply of our finished products. Sherritt’s Responsible Production and Supply Policy and Human Rights Policy identify our commitments, and our Mineral Supplier Code of Conduct identifies expectations for suppliers and due diligence processes to be followed to ensure any human rights risk in our mineral supply chain are identified and mitigated. Please visit our Sustainability Document Library for more information.
Sherritt takes an enterprise-wide approach to managing sustainability which includes an integrated system with a series of sustainability policies and standards. Our Environment, Health, Safety and Sustainability Policy articulates our overarching commitments and expectations for our employees, contractors and suppliers. Given the differences between the operating environments in Canada and Cuba, each of our divisions has some flexibility in the way they implement these standards at their operating sites. Site-specific requirements in the standards reflect our experience, our risk profile and industry best practice.
Sherritt is an active member of the Mining Association of Canada (MAC) and we are implementing the requirements of MAC’s Towards Sustainable Mining TSM protocols. The TSM protocols are a globally recognized sustainability program that supports mining companies in identifying and mitigating key environmental and social risks. These protocols inform several of our policies, operating procedures and sustainability priorities. In addition, Sherritt is a member of the Voluntary Principles on Security and Human Rights. These best practice principles underpin our Human Rights Policy and our approach to security at each of the sites. Sherritt is also a member of the Nickel Institute and Cobalt Institute to align with recognized best practice standards and frameworks.
Sherritt also follows and reports on implementation of best practice recommendations from several organization and institutions that provide guidance for managing environmental and social performance.
