INDUSTRY BULLETIN: Avalon ranked in Corporate Knights' Future 40 Responsible Corporate Leaders in Canada for second year
Avalon Advanced Materials Inc. (“Avalon”) is pleased to report that it has placed among Corporate Knights’ 2016 Future 40 Responsible Corporate Leaders in Canada, from a shortlist of 107 eligible small and mid-cap organizations. This is the second consecutive year Avalon has ranked as a Future Responsible Corporate Leader.
Don Bubar, Avalon’s President and CEO, commented, “Once again, this is well-earned recognition for everyone at Avalon and the sustainability culture we have developed”.
Avalon is fully committed to integrating sustainable practices into its business model and is a leader among junior mineral development companies in adopting best practices to reduce its environmental footprint, protect water resources and engage with local communities. Avalon believes that making sustainability a priority enhances shareholder value by reducing risk for all stakeholders and optimizing opportunities for individual and community prosperity.
The company has reported annually on its sustainability performance since 2011. Avalon’s current 2015 Sustainability Report, entitled Balancing Opportunities, can be found along with past reports at www.AvalonAdvancedMaterials.com/sustainability/sustainability_reporting/.
Avalon placed 34th in 2016 and 17th in 2015. Bubar added, “The competition is getting tougher, which is good to see, as it clearly reflects increased awareness among small cap companies about the benefits of strong sustainability performance. It is especially positive to see 13 mineral industry companies ranked in the top 40 this year, compared to 8 in 2015.”
Corporate Knights is an award-winning magazine and website that reports on sustainability and corporate social responsibility for a wide readership across Canada and in the US. The methodology for the 2016 Future 40 Responsible Corporate Leaders in Canada ranking is based on 12 key performance indicators covering resource, employee and financial management. All information is derived from publicly-disclosed data. The full methodology for this year’s ranking is available from Corporate Knights here: http://www.corporateknights.com/reports/2016-future-40/future-40-registration-now-open-14411290/.
The full ranking can be viewed in Corporate Knights’ 2016 spring edition, released on March 30 or at http://www.corporateknights.com/reports/2016-future-40/2016-future-40-results-14593142/.
For a recent video interview with President and CEO Don Bubar, produced by BTV, visit: http://www.b-tv.com/avalon-advance-materials-ceo-clip/.
For questions or feedback, please email Avalon at [email protected].
About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc (TSX: AVL & OTCQX: AVLNF), formerly Avalon Rare Metals Inc., is a Canadian mineral development company specializing in niche market metals and minerals which are in growing demand in new technology. The Company has three advanced stage projects, all 100%-owned, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, niobium, and zirconium. Avalon is currently focusing on its Separation Rapids Lithium Project, Kenora, ON and its East Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility and environmental stewardship are corporate cornerstones.