How we address sustainability
Our Method
Responsible development and sustainability are a cornerstone of Canadian Copper.
We are firmly rooted in our commitment to Environmental, Social, and Governance (ESG) best practices. We prioritize reducing environmental impact and are actively assessing the evolving landscape to explore opportunities to enhance the sustainable development of our projects. Our dedication to sustainability extends beyond mere compliance, as we continuously seek ways to minimize our ecological footprint while maximizing the positive impact of our projects.
Canadian Copper recognizes the vital role of critical minerals in driving the transition to a greener future. Copper and zinc are indispensable to renewable energy technologies, being essential components of electrical grids, solar panels, wind turbines, and batteries. By responsibly developing our base metal projects, we aim to contribute to the global effort to combat climate change and promote sustainable development.
Transparency and open communication are integral to our approach. We proactively engage with our key stakeholders, including local and First Nations communities such as the Pabineau First Nation in New Brunswick, to understand their needs and concerns as the project advances toward a development scenario. By fostering meaningful relationships built on trust and collaboration, we ensure that our projects are not only beneficial to us but also to those directly affected by our operations.
Strong corporate governance forms the bedrock of our operations. We have established a robust framework of policies and procedures governing ethical business practices, transparency, and accountability.
Why should we care?
Carbon Neutral effect
Carbon neutrality is achieved when a business offsets its internally generated GHG emissions through investments in carbon projects that either mitigate or remove the equivalent amount created. This strategy has several positive impacts; both on the immediate time scale as well as the future decarbonatization solutions by:
- The business warrants it does not contribute to GHG emissions through its yearly offsetting credit purchases;
- By establishing a yearly GHG baseline, targeted strategies for further carbon intensity improvements can be developed. An example would be carbon intensity per meter drilled;
- Through investments in carbon mitigation and capture projects, we are helping to develop better tools and techniques to battle climate change until effective commercial technology is available.