TORONTO – Sherritt International is the recipient of the 2015 Syncrude Award for Excellence in Sustainable Development. The prize recognizes the company's sustainability work at the Ambatovy nickel joint venture in Madagascar.
Sherritt successfully implemented a range of sustainable mining solutions at Ambatovy, including a biodiversity management program that targets "no net loss"; a "buy locally, hire locally" policy that is supported by several leading edge initiatives; agricultural skills training for more than 18,000 people from local communities; developmental partnerships with international organizations such as the World Bank, UNICEF, and the Red Cross; and innovative archeological and retrenchment programs.
The award, issued by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), acknowledges companies or individuals that are "active seekers of sustainability solutions." It was presented to Sherritt on May 11 at the CIM convention and trade show in Montreal.
The Syncrude Award is the fourth sustainability award Sherritt has received in the past 18 months for its work in Madagascar. The other awards include the Nedbank Capital Sustainable Business Award for Ambatovoy's biodiversity program; Excellence in Corporate Responsibility Award in the social enterprise creation category for the Ambatovy Local Business Initiative; and UNAIDS's Good Practice Award for Ambatovy's contribution to the fight against HIV/AIDS in Madagascar.
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