Piedmont Lithium (NASDAQ:PLL) Inc (ASX:PLL, NASDAQ:PLL, XETRA:) has unveiled its inaugural sustainability report 'Progressing with Purpose' to underscore the company's dedication to environmental responsibility, social progress and sustainable governance as it develops projects in Tennessee and North Carolina.
“We are fortunate to be starting from a clean slate with the full ability to build sustainability into the foundation of our organisation,” Piedmont president and chief executive officer Keith Phillips said.
“Our inaugural sustainability report represents an important first step in formalising our ESG efforts as we develop our operations.
“We are pleased to share our plans with our stakeholders as we advance our projects in Tennessee and North Carolina and our equity interests in Quebec and Ghana.”
Four key pillars
The sustainability report focuses on four key pillars - planet, people, communities and governance.
Among the noteworthy highlights are plans for cutting-edge technologies and eco-friendly practices such as the innovative Metso alkaline pressure leaching process to mitigate climate and environmental impacts while refining spodumene concentrate.
The company also emphasises responsible water management strategies to minimise consumption and to ensure robust treatment, monitoring and mitigation efforts.
Furthermore, a forward-thinking reclamation strategy is in place for Carolina Lithium, where the company intends to reclaim and restore land impacted by mining activities for future use.
To protect native species and minimise ecological disruption, Piedmont has completed biodiversity assessments and commits to responsible sourcing considerations as it progresses with its projects.
Laying the foundation for an engaged and motivated workforce, the company prioritises a corporate culture of safety, health, diversity, equity and inclusion.
Taking care of its people
Piedmont's commitment to sustainability extends beyond its operations to encompass stakeholder collaboration.
Through investor, government and community engagement activities, the company seeks to inform and work closely with key partners.
Additionally, it invests in the communities where it operates to foster long-term socio-economic development.
The construction and operation of the Carolina Lithium and Tennessee Lithium projects are expected to generate significant economic impact, job creation and workforce development opportunities.
Supporting America’s EV growth
Piedmont is developing a world-class integrated lithium business in the US focused on enabling the transition to a net zero world and the creation of a clean energy economy in America.
Its location in the renowned Carolina Tin Spodumene Belt of North Carolina, the cradle of the lithium industry, positions the company to be one of the world’s lowest-cost producers of lithium hydroxide, and the most strategically located to serve the fast-growing US electric vehicle supply chain.