SUSTAINABILITY AND ESG
LAURION acknowledges that the success of its operations is built upon a solid foundation of sustainability.
Our Environmental, Social, and Governance (ESG) pillars reflect our commitment to honest and ethical conduct with our local community and Aboriginal Groups, monitoring and mitigating environmental impacts, and providing a safe, supportive workplace environment for our employees.
LAURION operates with the highest standards at the forefront of its activities. It places a high value on actionable efforts versus just words, and has implemented or contributed to a number of notable initiatives.
LAURION’s sustainability strategy recognizes that we conduct our business in an evolving, increasingly complex, global landscape and our ability to achieve sustainable outcomes is intertwined with people, politics, our planet, and economy.
LAURION utilizes a sustainable, balanced approach in its commitment to environment, social and governance (ESG), in line with the size and scale of its exploration activity. We seek to minimize its impact on the environment and create a safe inclusive workplace partnering with local communities to leave them more enriched than when we arrived. We believe that striking the right balance among environmental, economic, and social considerations within the context and stage of our exploration activity creates long-term value and resilience. We approach these environmental responsibilities meaningfully, proactively, and with due care.
See link for LAURION's 2023 Annnual ESG Report /_resources/Sustainability/sustainability-esg.pdf
ESG
LAURION is reviewing and familiarizing itself with various global standards and evaluating how to align our company’s size, scale and activities with them. We have chosen to voluntarily disclose information that more broadly describes our activities, policies, opportunities, and risks. We aim for continuous improvement through time. Integrating ESG metrics across all operations is a complex and extensive process that will evolve and become more meaningful as more detailed quantitative information becomes or is made available through its suppliers and contractors.
LAURION complies with all environmental laws and regulations in our exploration properties located in Ontario, Canada. During the 2023 reporting period, LAURION was in full compliance with these laws and regulations. Though LAURION is currently in the mid-stage exploration stage, we are vigilantly monitoring and assessing the risks of the Ishkoday project and developing mitigation strategies to deal with any potential future incidents.
As a junior exploration company, within the broader context of the mining industry, our environmental impacts are relatively minimal but the opportunities for improving the lives of the communities where we are working are substantial. We evaluate opportunities and initiatives for continuous improvement as they arise. The Company maintains strong relationships in the local communities where it operates.
We are very pleased to have partnered with ONYEN - an ESG reporting tool which will help us benchmark LAURION’s journey of continuous improvement. Please view our 2023 report below:
COMMUNITIES
TRADITIONAL LANDS ACKNOWLEDGEMENT
LAURION acknowledges that the Ishkoday project is located on the traditional territories of the Animbiigoo Zaagi’igan Anishinaabek - AZA - (Lake Nipigon Ojibway), Biinjitiwaabik Zaaging Anishinaabek – BZA - (Rocky Bay) and Bingwi Neyaashi Anishinaabek- BNA - (Sandpoint) First Nations. LAURION is committed to working with local Aboriginal communities to address concerns, maximize social and economic opportunities, and remain environmentally responsible.
LAURION is committed to strengthening its relationships with Indigenous people based on the principles of trust, mutual respect, fairness, transparency, and reconciliation. We are committed to enhancing our understanding of Indigenous perspectives, traditions, and knowledge to develop, and undertake, sustainable business practices In addition to supporting consultation, LAURIONe has agreed to support the promotion of employment opportunities for First Nations members.
LOCAL ECONOMIC DEVELOPMENT
LAURION is committed to building strong relationships with local communities, such as those in the region of Greenstone, through community engagement and supporting the communities in which we operate. As our project grows in scope, we anticipate having a greater ability to source local contractors from Greenstone and and local First Nations.
CONTRACTORS AND THEIR EMPLOYEES
HEALTH AND SAFETY
Safety and Health in the workplace is a joint responsibility of LAURION and its contractors. LAURION places the safety of those who work on our projects as our highest priority and will continually strive to improve our practices in order to better protect our employees and contractors.
COMMITMENT TO A SAFE AND RESPECTFUL WORKPLACE
LAURION is committed to providing a safe and respectful workplace and environment for our employees, contractors, and visitors to our sites. This includes making concrete commitments to:
- Fair Dealing
- Contractor Privacy
- Discrimination and Harassment Prevention