Source: Novo Resources Corp.
  • Novo Resources (NVO) has released its inaugural sustainability statement for the 12-month period ended June 30, 2022
  • The company undertook its first sustainability materiality assessment in early 2022 in order to generate a roadmap to drive improvement and further build its governance framework
  • Novo engaged Environmental Resource Management (ERM) to assess the company’s existing environmental, social and governance processes earlier this year
  • Novo Resources Corp acquires and explores natural resource properties with a focus on gold
  • Novo Resources Corp. (NVO) opened trading at C$0.395

Novo Resources (NVO) has released its inaugural sustainability statement for the 12-month period ended June 30, 2022.

Mr. Mike Spreadborough, Novo’s Executive Co-Chairman and director, commented on the news.

“The company undertook its first sustainability materiality assessment in early 2022 in order to generate a roadmap to drive improvement and further build its governance framework to align with ambitions. Recognizing the growing demand for transparency in sustainability performance, we have identified a number of actions moving forward to ensure we deliver on our commitment to continue being open and honest. We see transparency as essential to good governance and responsible operation, moreover being in the best interest of our stakeholders. In the year to come, we will focus on identifying opportunities to further reduce risk and improve our business practices, make meaningful contributions to the communities in which we operate, and investigate decarbonization and emission reduction pathways.”

In early 2022, Novo engaged global sustainability consultancy Environmental Resource Management (ERM) to assess the company’s existing environmental, social and governance processes and controls to help identify gaps and progress efforts to achieving alignment with internationally recognized frameworks on best practices in sustainable operations.

Novo Resources Corp is engaged in the business of acquiring and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the U.S.

Novo Resources Corp. (NVO) opened trading at C$0.395.


More From The Market Online

York Harbour Metals reveals promising rare earth sampling assays

York Harbour Metals (TSXV:YORK) shares positive assays from its Bottom Brook rare earth elements project in Newfoundland and Labrador.

One of the best stocks for a silver rebound play

Impact Silver (TSXV:IPT) uncovers a silver vein in Mexico, bolstering its case as one of the best stocks to play a rebound in silver…

Canada Nickel Company posts best result to date at Reid discovery

Canada Nickel Company (TSXV:CNC) releases assays from four drill holes from its 2024 program at its Reid property in Ontario.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.