Key player in the North American lithium supply chain Piedmont Lithium (ASX:NASDAQ:PLL, OTC:PLLTL) Inc has released its 2023 Sustainability Report, which highlights the company’s environmental, social and governance (ESG) accomplishments.
Long-term ESG strategy progress
The company has achieved across a range of ESG metrics, including health and safety, cybersecurity, community development and engagement, charitable support and diversity, equity and inclusion (DEI).
“We are pleased to release our second report on the sustainable development of our planned, wholly-owned lithium projects and the progress we have made in advancing our long-term ESG strategy,” President and CEO Keith Phillips said.
“We believe the increased demand for lithium should be met responsibly, and we are positioning Piedmont Lithium (ASX:PLL, OTC:PLLTL) accordingly to contribute to global decarbonisation both in the production and supply of lithium products.”
Achievements in 2023
Among some of the achievements the company has made on this front as it advances its diverse and integrated portfolio of lithium products for the low-carbon economy are:
- Progressing permitting for its wholly-owned lithium projects to ensure plans meet or exceed US environmental regulatory standards.
- Establishing a robust safety and health management system, including a contractor safety program, as the company develops projects toward operations.
- Being named among the 2023 Best Places to Work by the Charlotte Business Journal, ranking No. 4 out of 130 companies in the large business category.
- Forming a diversity, equity and inclusion (DEI) council and implementing a DEI policy to foster a respectful and inclusive work environment.
- Partnering with the City of Cherryville to establish a Community Development Agreement, benefiting residents near the Carolina Lithium Project.
- Introducing community informational fairs and other engagement mechanisms to facilitate constructive dialogue with community members near Carolina Lithium.
- Funding more than $200,000 in grants and scholarships through the Piedmont Lithium Foundation – Power for Life, Inc.
- Formalising an enterprise risk management program and appointing a vice president of Risk Management to support business governance.
- Implementing robust cybersecurity measures to prevent data loss events, protect intellectual property rights, and meet customer security and privacy requirements.
About Piedmont Lithium
Piedmont Lithium Inc is developing a world-class, multi-asset, integrated lithium business focused on enabling the transition to a net-zero world and the creation of a clean energy economy in North America.
The company aims to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate from assets where it holds an economic interest.
Piedmont’s projects include the Carolina Lithium and Tennessee Lithium projects in the United States, as well as partnerships in Quebec with Sayona Mining and in Ghana with Atlantic Lithium.
These geographically diversified operations support America’s move toward energy independence and the electrification of transportation and energy storage.