Black Diamond Group Limited releases inaugural Corporate Responsibility Report
August 31 2022 - 7:00PM
Black Diamond Group Limited (“
Black Diamond” or
the "
Company”) (TSX: BDI), a leading provider of
space rental and workforce accommodation, today released its
inaugural Corporate Responsibility Report. The Report details the
Company’s commitment to environmental, social and governance issues
and is a key component to how the Company continues To Create a
Better Way for its stakeholders.
“We are excited to announce the launch of Black Diamond Group’s
first Corporate Responsibility Report,” states Trevor Haynes,
Chairman & CEO of Black Diamond Group. “Since our inception in
2003, we have strived to be a leader in operating conscientiously,
through the responsible use of resources and reliable compliance to
local regulations. Additionally, we have always sought to give back
in our local communities and create meaningful impact in the
communities in which we live and work.”
Black Diamond’s ESG Program, as outlined in this report, is
centered on the Company’s mission – To Create a Better Way – and
focuses on the key strategies and initiatives designed to support
sustainability in the long term such as:
- The environmental benefits of
modular construction
- The environmental and social
benefits of efficient crew travel management
- Upholding a safety-first
culture
- Nurturing a positive relationship
with Indigenous communities across Canada
- Honouring sport as a force for good
in communities
- Celebrating diversity, equity and
inclusion at Black Diamond
- Adhering to high standards of
openness, integrity and accountability
- Setting an initial inventory of
Scope 1 and Scope 2 emissions and intensity
Black Diamond Group’s Corporate Responsibility Report is the
culmination of the work of all team members, working together to
ensure we deliver results to be proud of. We believe our team of
the best and brightest minds in the industry can recognize the
excellence and ongoing commitments in this report while continuing
to hold each other accountable through continued progress in
environmental, social and governance disciplines.
Among the many highlights listed detailed in the Corporate
Responsibility Report, some focal points include:
- Environmental impact of
project development: We recorded zero incidents of
non-compliance with environmental permits, standards, and
regulations in 2021.
- Environmental Management
Plan (EMP): We have an EMP in place that helps us
identify, assess, mitigate and monitor environmental risks of our
operations. Considerations under this plan include
operational-phase energy and water efficiency.
- Indigenous
Relations: We strive to foster strong relationships with
Indigenous Communities and have successfully formed six
equity-based partnerships with Indigenous Communities across
Canada. These partnerships have provided material economic benefits
within the communities in which we operate.
- Workforce Health and
Safety: We have a record of zero incidents resulting in
fatalities, and work diligently to manage our total recorded
incident rate, with a goal of zero safety incidents. In 2020 and
2021 our TRIF was 0.35 and 0.56 respectively.
- Strong Business
Ethics: We are committed to upholding a high ethical
standard, which includes the fact that we do not and will not
operate in countries scoring low on Transparency International’s
Corruption Perception Index.
- Diverse and Inclusive
workplace: The Company is committed to equal opportunities
for all employees and believes that a high-performance team can
only be built by measuring objective performance goals and merit;
regardless of age, gender or ethnicity.
Black Diamond’s Corporate Responsibility Report is guided by The
Sustainability Accounting Standards Board, or SASB, Standards.
To view Black Diamond’s inaugural Corporate Responsibility
Report, visit this link:
https://www.blackdiamondgroup.com/BDG/media/media/ESG/2022-Corporate-Responsibility-Report.pdf
About Black Diamond Group
Black Diamond is a specialty rentals and industrial services
Company with two operating business units - Modular Space Solutions
(MSS) and Workforce Solutions (WFS). We operate in Canada, the
United States, and Australia. MSS through its principal brands,
BOXX Modular, Britco, MPA and Schiavi, owns a large rental fleet of
modular buildings of various types and sizes. Its network of local
branches rent, sell, service, and provide ancillary products and
services to a diverse customer base in the construction,
industrial, education, financial, and government sectors. WFS
through its principal brands, Black Diamond Camps and Black Diamond
Energy Services, owns a large rental fleet of modular accommodation
assets of all types and sizes and a fleet of liquid and solid
containment assets. Its regional operating terminals rent, sell,
service, and provide ancillary products and services including
turn-key operated camps to a wide array of customers in the
resource, infrastructure, construction, disaster recovery, and
education sectors. The WFS business unit also includes the
Company’s wholly owned subsidiary, LodgeLink, which operates a
digital marketplace for business-to-business crew accommodation,
travel, and logistics in North America.
Learn more
at www.blackdiamondgroup.com.
Investor Inquiries
Jason Zhang at 403-206-4739
or investor@blackdiamondgroup.com. To sign up
for news alerts please go
to https://www.blackdiamondgroup.com/investor-centre/news-alerts-subscription/.
Media Inquiries
Jonathan Stringer at 780-733-1788
or media@blackdiamondgroup.com.
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