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Global Reporting Initiative

The following information came from the Global Reporting Initiative website: The Global Reporting Initiative is a large multi-stakeholder network of thousands of experts, in dozens of countries worldwide, who participate in GRI’s working groups and governance bodies, use the GRI Guidelines to report, access information in GRI-based reports, or contribute to develop the Reporting Framework …

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Vale Inco President and Chief Executive Officer Murilo Ferreira on Sustainability

Vale Inco President and CEO Murilo FerreiraThe following excerpt by Vale Inco President and Chief Executive Officer Murilo Ferreira is from the Vale Inco sustainability report released last summer. The full report is available at: Toward Sustainability

TOWARD SUSTAINABILITY – Murilo Ferreira

At CVRD Inco, we believe that our journey toward sustainability involves operating in a responsible manner to our employees and other stakeholders, the natural environment and the communities where we operate.

As a responsible employer, we are committed to treating our employees with dignity and respect, providing opportunities for career development and fulfillment, and always placing safety above all else. In the coming year, we will continue to work diligently as we strive to integrate the people, cultures, policies and guidelines of the former Inco with those of our parent company CVRD.

The year 2006 saw significant accomplishments in safety. For instance, year on-year we achieved an eight per cent reduction in disabling injury frequency worldwide in 2006.

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Mine Rehabilitation in Ontario – By Chris Hodgson

Ed Cocchiarella, Manager Environment Ontario Operations, Vale Inco; Michael Gravelle, MNDM Minister; Gordon Miller, Environmental Commissioner of Ontario; and Chris Hodgson, OMA President
 The Ontario Mining Association represents companies for which environmental stewardship is a cornerstone value. Our members realize that their success depends largely on their ability to help establish healthy communities and sustainable environments in the areas where they operate.

The economic sustainability that mining engenders is often the first thing that comes to mind. Indeed, in northern Ontario in particular, there is little need to explain that mining operations play a vital role in the local economy and community life, often bringing in the investment that leads to the development of essential infrastructure and job creation. A recent University of Toronto study brought this home to a wider audience.

It concluded that the contribution of a single representative mine can have an impressive effect on employment and economic output, and that a large proportion of the benefits stay in the local area.

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