We believe there is a direct relationship between our ESG performance and the success of our business and that of our clients. The Company’s ESG Policy enshrines Major Drilling’s commitment to lead on ESG in the mineral drilling industry and to carry out business through high ethical standards and social behaviour. To this end, Major Drilling has implemented a number of policies and procedures that outline how it expects these standards to be achieved. The following elements serve as the bedrock of our ESG Policy:
Major Drilling and its subsidiaries will work to minimize, mitigate and/or remediate our impact on the environment and proactively manage the environmental risks and effects of our operations. We will use energy and other resources efficiently in our operations. Outstanding environmental management will be regarded as a core business activity alongside outstanding operational productivity. We are committed to seeking way to reduce our greenhouse gas (GHG) emissions and responsible operational water management.
Respecting the fundamental freedoms and human rights of our workers and the communities that could be impacted by our activities is the bedrock of Major Drilling’s social responsibility efforts. Health and safety is at the heart of our business culture, and the well-being of our employees is our top priority and central to our long-term business resilience.
We aim to ensure that our goals and those of the communities we operate in are aligned to create mutual and lasting benefits, as this is critical to our long-term success. We make a special effort to hire and train local employees, as well as use local suppliers when possible. Our workforce around the globe is a reflection of the communities where we operate as our branch office and field personnel are predominantly local hires.
Leadership & Governance
Major Drilling’s Board of Directors is responsible for the stewardship of the Company and all subsidiaries and controlled entities, providing independent, effective leadership to supervise the management of the Company’s business and affairs to grow value responsibly, in a profitable and sustainable manner and with due regard for the interests of its shareholders generally and other stakeholders. Major Drilling’s Board of Directors is committed to acting in the best interests of the Company as a whole, as well as our shareholders, employees and other stakeholders.
Major Drilling ESG Committee
The ESG Committee’s purpose is to support the Company’s ongoing commitment to environmental, health and safety, corporate social responsibility, corporate governance, sustainability, and other public policy matters relevant to the Company (collectively “ESG Matters”). The ESG Committee is a cross-functional committee of the Company. It assists the Senior Leadership Team of the Company in (a) setting general strategy relating to ESG Matters, (b) developing, implementing, and monitoring initiatives and policies based on that strategy, (c) overseeing communications with stakeholders with respect to ESG Matters, (d) monitoring and assessing developments relating to, and improving the Company’s understanding of ESG Matters, and (e) efficient and timely disclosure of ESG matters to internal and external stakeholders.