Sherritt International Corporation
2023  ESG Scorecard
Published on  June 12, 2024
Disclaimer and Forward Looking Statements
Company Profile
Organizational Profile
Name Sherritt International Corporation
Describe nature of activities, brands, products and services Sherritt is a world leader in using
hydrometallurgical processes to mine and
refine nickel and cobalt – metals deemed
critical for the energy transition. Sherritt’s Moa
Joint Venture has a current estimated mine life
of 25 years and has embarked on an expansion
program focused on increasing annual mixed
sulphide precipitate production by
approximately 20% of contained nickel and
cobalt. The Company’s Power division, through
its ownership in Energas S.A., is the largest
independent energy producer in Cuba with
installed electrical generating capacity of 506
MW, representing approximately 10% of the
national electrical generating capacity in Cuba.
The Energas facilities are comprised of two
combined cycle plants that produce low-cost
electricity from one of the lowest carbon
emitting sources of power in Cuba. Sherritt’s
common shares are listed on the Toronto Stock
Exchange under the symbol “S”.
Link to Corporate Website https://www.sherritt.
com/English/Home/default.aspx
Industry Classification NAICS:
21 Mining, quarrying, and oil and gas extraction
22 Utilities
31-33 Manufacturing
54 Professional, scientific and technical
services
Market Capitalization $100 Million up to $1 Billion USD
Type of Operations Primarily production oriented
Company Headquarters Toronto, Canada
ESG Accountability
Role and Name of highest authority within company for Environment, Social and Governance strategy, programs and performance Leon Binedell, CEO and President
GRI Reporting Requirements
Choose the statement as to how the organization has aligned their reporting utilizing GRI Standards Other, please specify
This report has been prepared with reference
to the GRI standards.
ESG Reporting Period
Unless otherwise noted, all data contained in this report covers the following period
From 2023-01-01
To 2023-12-31
External Assurance
Has the report been externally assured No
Geographic Scope of Report
Unless otherwise noted, the data in this report covers sustainability matters related to the following locations of operations
   •  Canada
   •  Cuba
Reporting Practice
If the organization has audited consolidated financial statements or financial information filed on public record, specify the differences between the list of entities included in its financial reporting and the list included in its sustainability reporting Does not apply.
Provide the full contact details (name, title, address, email and/or phone number) for an individual responsible to address questions regarding the report or its contents sustainability@sherritt.com
Currency
Unless otherwise noted, all financial figures referenced in this report are in the following currency CAD
Membership of Associations
List of the industry associations, other membership associations, and national or international advocacy organizations in which the organisation participates in a significant role, as well as any economic, environmental, and social charters, principles, or other programmes that the organisation subscribes to or supports, such as the United Nations Global Compact (UNGC), etc. Refer to Sherritt's 2023 Sustainability Report.
Fragile and Conflict-Affected Situations
Identify all of the entity's countries of operations that align with the World Bank's list of "Fragile and Conflict-Affected Situations" None
Finished Product for Sale
Identify the total amount of each finished product for sale
Fossil Fuel
Liquid Petroleum Gas (LPG) (tonne) 8,434.923
Metals 31,548.000
Cobalt (Co) (tonne) 2,876.000
Nickel (Ni) (tonne) 28,672.000
Other
Hydrocarbon Gas Liquids (HGL) (cubic metres, m³) 22,737.410
In 2023, in addition to the numbers reported
above, the Fort Site location produced 219,707
tonnes of fertilizer for sale.
Strategy
Provide a statement from the highest governance body or most senior executive of the organization (i.e., CEO, chair, or equivalent senior position) about the relevance of sustainable development to the organization and its strategy for contributing to sustainable development. (CEO's message for this report) Refer to Sherritt's 2023 Sustainability Report.
Material Topics
Governance of Material Topics
Describe the process followed to determine the organization's material topics, including:
How did the organization identify the material topics Materiality Assessment
For a full disclosure of Sherritt's material topics
please see Sherritt's 2023 Sustainability
Report.
Environment
Climate Change - Stewardship
Strategy
Have climate-related risks and opportunities influenced your organization’s strategy and/or financial planning Yes
Does your organization have a process for identifying, assessing, and responding to climate-related risks and opportunities Yes
Risk Assessments
Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your business No - risks exist, but none with potential to have
a substantive financial or strategic impact on
business
Refer to Sherritt's 2023 Climate Report for
more information on the climate-related risks
identified to-date.
Opportunity Assessments
Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business Yes
Refer to Sherritt's 2023 Climate Report for
more information on the climate-related risks
and opportunities identified to-date.
Greenhouse Gas Emissions - Energas
Scope 1
Disclose the entity's absolute gross greenhouse gas (GHGs) emissions generated during the reporting period, expressed as metric tonnes of CO2 equivalent (tonne CO₂-e)
Fuel related (CH₄) (tonne) 0.054
Fuel related (N₂O) (tonne) 0.011
Carbon dioxide (CO₂) (tonne CO₂-e) 1,247,507.200
Methane (CH₄) (tonne CO₂-e) 1.350
Nitrous oxide (N₂O) (tonne CO₂-e) 1,596,127.038
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 3,389.200
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 250,800.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoro methane (CF₄) (tonne CO₂-e) 0.000
Perfluoro ethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluoro butane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluoro hexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 3,097,824.788
Discuss any change in its Scope 1 emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology (i.e. any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes, if any) Net power generated in the Energas business
increased from 6,745,700 GJ in 2022 to
7,503,021.400 GJ in 2023, representing a 31%
increase. This resulted in an overall increase in
Scope 1 emissions as gas turbines are the main
source of power generation.
The entity may discuss the calculation methodology for its emissions disclosure, such as if data are from continuous emissions monitoring systems (CEMS), engineering calculations, or mass balance calculations Scope 1 emissions are calculated by means of
engineering calculations and mass balance
calculations.
Greenhouse Gas Emissions - Fort Site
Scope 1
Disclose the entity's absolute gross greenhouse gas (GHGs) emissions generated during the reporting period, expressed as metric tonnes of CO2 equivalent (tonne CO₂-e)
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 306,400.000
Discuss any change in its Scope 1 emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology (i.e. any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes, if any) The Fort Site's 2023 Scope 1 emissions
remained within historical range. There were
no material changes in activities or operations
from previous years.
The entity may discuss the calculation methodology for its emissions disclosure, such as if data are from continuous emissions monitoring systems (CEMS), engineering calculations, or mass balance calculations Scope 1 emissions are calculated by means of
internal metering, accounting records, supplier
invoices, and engineering calculations.
Greenhouse Gas Emissions - Moa Nickel
Scope 1
Disclose the entity's absolute gross greenhouse gas (GHGs) emissions generated during the reporting period, expressed as metric tonnes of CO2 equivalent (tonne CO₂-e)
Fuel related (CH₄) (tonne) 19.252
Fuel related (N₂O) (tonne) 3.848
Carbon dioxide (CO₂) (tonne CO₂-e) 556,364.505
Methane (CH₄) (tonne CO₂-e) 481.300
Nitrous oxide (N₂O) (tonne CO₂-e) 1,146.704
Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e) 0.000
Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e) 0.000
Sulphur hexafluoride (SF₆) (tonne CO₂-e) 0.000
Nitrogen trifluoride (NF₃) (tonne CO₂-e) 0.000
Perfluoro methane (CF₄) (tonne CO₂-e) 0.000
Perfluoro ethane (C₂F₆) (tonne CO₂-e) 0.000
Perfluoro butane (C₄F₁₀) (tonne CO₂-e) 0.000
Perfluoro hexane (C₆F₁₄) (tonne CO₂-e) 0.000
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 557,992.509
Discuss any change in its Scope 1 emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology (i.e. any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes, if any) Moa Nickel's 2023 Scope 1 emissions remained
within historical range. There were no material
changes in activities or operations from
previous years.
The entity may discuss the calculation methodology for its emissions disclosure, such as if data are from continuous emissions monitoring systems (CEMS), engineering calculations, or mass balance calculations Scope 1 emissions are calculated by means of
engineering calculations using fuel and raw
material consumption.
Greenhouse Gas Emissions - Sherritt
Scope 1
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 3,962,217.297


Data Table - Direct (Scope 1) GHG Emissions
Discuss any change in its Scope 1 emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology (i.e. any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes, if any) 2023 Scope 1 emissions for the Metals
business, which is inclusive of the Fort Site and
Moa Nickel, remained within the historical
range as there were no material changes in
activities or operations from previous years.

However, an increase in net power generation
for the Energas business resulted in a
subsequent increase in 2023 Scope 1 emissions
for Sherritt.
The entity may, where relevant, provide a breakdown of its emissions per resource produced or business unit
Sherritt discloses Scope 1 emissions on behalf
of our JV partners. Accordingly, the total
emissions attributed to Sherritt in this report,
and other sustainability reports prepared by
the Corporation, overrepresent Sherritt's
specific Scope 1 emissions. The total of Scope 1
emissions that can be attributed to Sherritt are
50% for Moa Nickel and Fort Site combined,
and 33% for the Energas business due to the
level of ownership by Sherritt in each joint
venture. Furthermore, any analysis conducted
to assess the emission intensities of Sherritt’s
businesses or product, should consider that the
Sherritt’s Metals business is comprised of the
Fort Site and Moa Nickel and the Energas
business is comprised of various other sites.
Production totals for each separate business
should be used to calculate emission intensities.
Discuss short-term, medium-term and long-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions Refer to Sherritt's 2023 Climate Report.
Greenhouse Gas Emissions - Energas
Scope 2
Does the company purchase externally supplied energy (grid electricity) Yes
Report the total electricity purchased from external suppliers for the reporting year in gigajoules (GJ) 301,407.080
In what jurisdiction is the source of energy (utility) located Cuba
Conversion factor (see Guidance): 0.800
Total amount of Scope 2 GHG emissions from purchased electricity (CO₂-e) (tonne) 66,979.405
Does the company purchase externally supplied heat No
Does the company purchase externally supplied steam No
Does the company purchase externally supplied cooling No
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 66,979.405
Discuss any change in its Scope 2 emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology (i.e. any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes, if any) There is an increase in Scope 2 emissions
reported between 2022 and 2023. This is due
to a change in calculation method, including
conversion factor used, that has resulted in
increased data accuracy for Energas Scope 2
emissions data.
Greenhouse Gas Emissions - Fort Site
Scope 2
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 54,600.000
Discuss any change in its Scope 2 emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology (i.e. any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes, if any) The Fort Site's 2023 Scope 2 emissions
remained within historical range. There were
no material changes in activities or operations
from previous years.
Greenhouse Gas Emissions - Moa Nickel
Scope 2
Does the company purchase externally supplied energy (grid electricity) Yes
Report the total electricity purchased from external suppliers for the reporting year in gigajoules (GJ) 251,000.000
In what jurisdiction is the source of energy (utility) located Cuba
Conversion factor (see Guidance): 0.800
Total amount of Scope 2 GHG emissions from purchased electricity (CO₂-e) (tonne) 55,777.822
Does the company purchase externally supplied heat No
Does the company purchase externally supplied steam No
Does the company purchase externally supplied cooling No
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 55,777.822
Discuss any change in its Scope 2 emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology (i.e. any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes, if any) Moa Nickel's 2023 Scope 2 emissions remained
within historical range. There were no material
changes in activities or operations from
previous years.
Greenhouse Gas Emissions - Sherritt
Scope 2
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 177,357.227
Sherritt discloses GHG emissions on behalf of
our JV partners. Accordingly, the total
emissions attributed to Sherritt in this report,
and other sustainability reports prepared by
the Corporation, overrepresent Sherritt's true
Scope 2 emissions. The total of Scope 2
emissions that can be attributed to Sherritt are
50% for Moa Nickel and Fort Site combined,
and 33% for the Energas business due to the
level of ownership by Sherritt in each joint
venture. Furthermore, any analysis conducted
to assess the emission intensities of Sherritt’s
businesses or product, should consider that the
Sherritt’s Metals business is comprised of the
Fort Site and Moa Nickel and the Energas
business is comprised of various other sites.
Production totals for each separate business
should be used to calculate emission intensities.

Data Table - Energy Indirect (Scope 2) GHG
Emissions
Discuss long-term and short-term strategy or plan to manage Scope 2 emissions, emissions reduction targets, and an analysis of performance against those targets Refer to Sherritt's 2023 Climate Report.
Carbon Offset
Credits
How much CO₂ (metric tonnes) offset credits were purchased? 0.000
Greenhouse Gas Emissions - Sherritt
Reduction of GHG emissions
GHG emissions reduced as a direct result of reduction initiatives (in metric tonnes of CO2 equivalent) 0.000
Sherritt is currently in the process of
developing a detailed emissions reduction
roadmap for all of its major operating facilities
and assets, which will ensure a comprehensive
approach to meeting emission reduction
targets. At present, there are no GHG
reductions to report that are a direct result of
reduction or abatement initiatives.
Air Emissions - Energas
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 0.000
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 5,356.000
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 38,678.000
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne)
Information unavailable.
Emissions of lead and lead compounds, reported as Pb (tonne)
Information unavailable.
Emissions of mercury and mercury compounds, reported as Hg (tonne)
Information unavailable.
Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne)
Information unavailable.
Air Emissions - Fort Site
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 191.292
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 1,159.209
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 86.944
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) 57.256
Emissions of lead and lead compounds, reported as Pb (tonne) 0.000
Emissions of mercury and mercury compounds, reported as Hg (tonne) 0.000
Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) 9.547
Air Emissions - Moa Nickel
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 0.000
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 1,515.000
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 16,662.000
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) 0.000
Emissions of lead and lead compounds, reported as Pb (tonne) 0.000
Emissions of mercury and mercury compounds, reported as Hg (tonne) 0.000
Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) 0.000
Air Emissions - Sherritt
Emissions Management
Disclose the management approach regarding Emissions Sherritt is committed to tracking and managing
our energy use and GHG emissions at each site.
Sites are required, per Sherritt's Climate
Change Standard to implement GHG emission
management systems that meet various
requirements in line with the Mining
Association of Canada’s (MAC) Towards
Sustainable Mining (TSM) Climate Change
Protocol.  Sherritt is currently in the process of
developing a detailed emission reduction
roadmap for all of its major operating facilities
and assets that will ensure a comprehensive
approach to meeting emissions reduction
targets. At present GHG emissions have not
reduced as a direct result of reduction
initiatives.
TSM Climate Change Protocol
Report emissions of air pollutants that are released into the atmosphere
Emissions of carbon monoxide, reported as CO (tonne) 191.292
Emissions of oxides of nitrogen (NOx), reported as NOx (tonne) 8,030.209
Emissions of oxides of sulphur (SOx), reported as SOx (tonne) 55,426.944
Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne) 57.256
Emissions of lead and lead compounds, reported as Pb (tonne) 0.000
Emissions of mercury and mercury compounds, reported as Hg (tonne) 0.000
Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne) 9.547
Total air emissions reported for Energas, Fort
Site and Moa Nickel are based on available
information and/or on the applicability of the
indicator to the operation.
Energy - Energas
Energy Consumption
Total energy consumption within the organization -7,503,021.400
In 2023, our Energas operations sold more
energy than was consumed by the operations
resulting in a negative total energy
consumption value.
Report the energy owned and controlled by the organization consumed in gigajoules for the following 752,332.600
Electricity purchased/generated for consumption (gigajoules, GJ) 752,332.600
Heating purchased/generated for consumption (gigajoules, GJ) 0.000
Cooling purchased/generated for consumption (gigajoules, GJ) 0.000
Steam purchased/generated for consumption (gigajoules, GJ) 0.000
Renewable fuel consumed (gigajoules, GJ) 0.000
Report energy owned and controlled by the organization sold in gigajoules and report the totals for each 8,255,354.000
Electricity sold (gigajoules, GJ) 8,255,354.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 0.000
Energy - Fort Site
Energy Consumption
Total energy consumption within the organization 9,017,618.340
Report the energy owned and controlled by the organization consumed in gigajoules for the following 9,081,690.700
Electricity purchased/generated for consumption (gigajoules, GJ) 599,465.990
Heating purchased/generated for consumption (gigajoules, GJ) 690,445.670
Cooling purchased/generated for consumption (gigajoules, GJ) 0.000
Steam purchased/generated for consumption (gigajoules, GJ) 3,582,240.430
Renewable fuel consumed (gigajoules, GJ) 0.000
Report energy owned and controlled by the organization sold in gigajoules and report the totals for each 64,072.360
Electricity sold (gigajoules, GJ) 0.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 64,072.360
Energy - Moa Nickel
Energy Consumption
Total energy consumption within the organization 9,101,000.000
Report the energy owned and controlled by the organization consumed in gigajoules for the following 9,101,000.000
Electricity purchased/generated for consumption (gigajoules, GJ) 251,000.000
Heating purchased/generated for consumption (gigajoules, GJ) 6,863,000.000
Cooling purchased/generated for consumption (gigajoules, GJ) 0.000
Steam purchased/generated for consumption (gigajoules, GJ) 1,987,000.000
Renewable fuel consumed (gigajoules, GJ) 0.000
Report energy owned and controlled by the organization sold in gigajoules and report the totals for each 0.000
Electricity sold (gigajoules, GJ) 0.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 0.000
Energy - Sherritt
Energy Consumption
Total energy consumption within the organization 10,615,596.940
The 2023 Sherritt total for energy consumption
is smaller than the total of energy owned and
controlled by the organization consumed. This
is because, in 2023, our Energas operations
sold more energy than was consumed by the
operations resulting in a negative total energy
consumption value.
Report the energy owned and controlled by the organization consumed in gigajoules for the following 18,935,023.300
Electricity purchased/generated for consumption (gigajoules, GJ) 1,602,798.590
Heating purchased/generated for consumption (gigajoules, GJ) 7,553,445.670
Cooling purchased/generated for consumption (gigajoules, GJ) 0.000
Steam purchased/generated for consumption (gigajoules, GJ) 5,569,240.430
Renewable fuel consumed (gigajoules, GJ) 0.000
Report energy owned and controlled by the organization sold in gigajoules and report the totals for each 8,319,426.360
Electricity sold (gigajoules, GJ) 8,255,354.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 64,072.360
Energy Management - Energas
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) -7,503,021.400
In 2023, our Energas operations sold more
energy than was consumed by the operations
resulting in a negative total energy
consumption value.
Percentage energy consumed that was supplied by grid electricity -10.0271%
Percentage of energy consumed that is renewable energy (does not include purchased grid-mix) 0.0000%
Energy Management - Fort Site
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) 9,017,618.340
Percentage energy consumed that was supplied by grid electricity 6.6477%
Percentage of energy consumed that is renewable energy (does not include purchased grid-mix) 0.0000%
Energy Management - Moa Nickel
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) 9,101,000.000
Percentage energy consumed that was supplied by grid electricity 2.7579%
Percentage of energy consumed that is renewable energy (does not include purchased grid-mix) 0.0000%
Energy Management - Sherritt
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) 10,615,596.940
Percentage energy consumed that was supplied by grid electricity 15.0985%
Percentage of energy consumed that is renewable energy (does not include purchased grid-mix) 0.0000%
Water - Energas
Reuse and recycle
Total volume of water that has been used in an operational task and is recovered and used again in an operational task, either without treatment (reuse) or with treatment (recycle) (megalitres) 3,333.000
Water - Fort Site
Reuse and recycle
Total volume of water that has been used in an operational task and is recovered and used again in an operational task, either without treatment (reuse) or with treatment (recycle) (megalitres) 884.950
Water - Moa Nickel
Reuse and recycle
Total volume of water that has been used in an operational task and is recovered and used again in an operational task, either without treatment (reuse) or with treatment (recycle) (megalitres) 4,906.000
Water - Sherritt
Reuse and recycle
Total volume of water that has been used in an operational task and is recovered and used again in an operational task, either without treatment (reuse) or with treatment (recycle) (megalitres) 9,123.950
Water - Energas
Water Management
Disclose the amount of freshwater water that was consumed in its operations (in thousands of cubic meters) 25.109
An atypical increase in freshwater consumed
was reported for Energas in 2022 due to a one-
time requirement for aqueduct flooding at the
Varadero site. In 2023 freshwater use returned
to routine levels.
Analyse and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct Does not apply. Operations do not interact with
water bodies classified as being in High or
Extremely High Water Stress locations as
defined by the World Resources Institute's
(WRI) Water Risk Atlas tool, Aqueduct.
Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn Does Not Apply
Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed Does Not Apply
Water - Fort Site
Water Management
Disclose the amount of freshwater water that was consumed in its operations (in thousands of cubic meters) 2,351.918
Analyse and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct In 2023, due to drought conditions in the
region, the North Saskatchewan River was
classified with High Water Stress. Raw water is
withdrawn from the North Saskatchewan River
by the Fort Site for various onsite uses, such as
process water, cooling water, fire water, and
boiler feed water. Water withdrawal by the
Fort Site is permitted and within Licence
parameters.

Please note that this is a conservative
calculation as the water stress designation for
the North Saskatchewan River varies
throughout the year and historical data is not
provided by the WRI Water Risk Atlas tool.
Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn Does Not Apply
Disclose water withdrawn in locations with High or Extremely High Baseline Water Stress (in thousands of cubic meters) 2,351.918
Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed 58.2819%
Total water consumed in locations with high or extremely high baseline water stress (in thousands of cubic meters) 1,370.742
Water - Moa Nickel
Water Management
Disclose the amount of freshwater water that was consumed in its operations (in thousands of cubic meters) 15,778.000
Analyse and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct Does not apply. Operations do not interact with
water bodies classified as being in High or
Extremely High Water Stress locations as
defined by the WRI Water Risk Atlas tool,
Aqueduct.
Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn Does Not Apply
Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed Does Not Apply
Water - Sherritt
Water Management
Disclose the amount of freshwater water that was consumed in its operations (in thousands of cubic meters) 18,155.027
Analyse and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct Does not apply for Energas and Moa Nickel
operations. Both these operations do not
interact with water bodies classified as being in
High or Extremely High Water Stress locations
as defined by the WRI Water Risk Atlas tool,
Aqueduct.

In 2023, due to drought conditions in the
region, the North Saskatchewan River was
classified with High Water Stress. Raw water is
withdrawn from the North Saskatchewan River
by the Fort Site for various onsite uses, such as
process water, cooling water, fire water, and
boiler feed water. Water withdrawal by the
Fort Site is permitted and within Licence
parameters.

Please note that this is a conservative
calculation as the water stress designation for
the North Saskatchewan River varies
throughout the year and historical data is not
provided by the WRI Water Risk Atlas tool.
Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn Does Not Apply
Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed 7.5502%
Water - Energas
Water Management
Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations No
Total number of incidents of non-compliance associated with water quality permits, standards, and regulations, including violations of a technology-based standard and exceedances of quality-based standards (note: only those that resulted in a formal enforcement action(s)) 0
Water - Fort Site
Water Management
Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations No
Total number of incidents of non-compliance associated with water quality permits, standards, and regulations, including violations of a technology-based standard and exceedances of quality-based standards (note: only those that resulted in a formal enforcement action(s)) 0
Water - Moa Nickel
Water Management
Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations No
Total number of incidents of non-compliance associated with water quality permits, standards, and regulations, including violations of a technology-based standard and exceedances of quality-based standards (note: only those that resulted in a formal enforcement action(s)) 0
Water - Sherritt
Water Management
Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations No
Total number of incidents of non-compliance associated with water quality permits, standards, and regulations, including violations of a technology-based standard and exceedances of quality-based standards (note: only those that resulted in a formal enforcement action(s)) 0
Water and Effluents - Sherritt
Interactions with Water As A Shared Resource
Describe how the organization interacts with water, including how and where water is withdrawn, consumed, and discharged, and the water-related impacts caused or contributed to, or directly linked to the organization’s activities, products or services by a business relationship (e.g., impacts caused by runoff) Sherritt's Water Management Standard
requires all sites to implement a water
monitoring program that addresses surface
water and groundwater, in where both water
quality and water quantity monitoring
parameters have been informed by identified
risks. The Standard dictates that sites are
required to maintain records of facility-level
water quality and quantity data and to conduct
regular trend analyses to inform iterative water
management decision making processes.
Describe the approach used to identify water-related impacts, including the scope of assessments, their timeframe, and any tools or methodologies used Sherritt’s Water Management Standard
requires sites to identify and assess facility-
level risks related to surface water and
groundwater.  Sites are required to establish
water performance objectives that include
controls, response and contingency plans, and
monitoring for the relevant water risks. Where
relevant, sites are required to identify and
engage with relevant water-related
stakeholders to better understand how they
use water resources, including water-related
local practices, beliefs, customs and traditional
knowledge in the case that water-related
impacts arise.
Describe how water-related impacts are addressed, including how the organization works with stakeholders to steward water as a shared resource, and how it engages with suppliers or customers with significant water-related impacts Water management at each of our sites is
informed by site specific requirements and the
application of overarching principles contained
within Sherritt's Water Management Standard.
At all sites, water management is a cooperative
effort between Sherritt and the appropriate
regulatory agencies.
Explain the process for setting any water-related goals and targets that are part of the organization’s management approach, and how they relate to public policy and the local context of each area with water stress Sherritt has established public targets related
to water recycling objectives as part of our
current 5-year Sustainability Goals. These
targets were selected based on the water risk
profile of the sites (moderate to low risk), and
operational optimization opportunities.
Water and Effluents - Energas
Water Withdrawal by Segment
Total water withdrawn by segment, in megalitres (ML) 3,329.200
Surface water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 66.200
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 6.200
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 60.000
Seawater (total in ML) 3,106.000
Produced water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Third-party water (total in ML) 157.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 157.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Report on the total water withdrawal from all areas with water stress in megalitres (ML), and a breakdown of this total by the following sources 0.000
Surface water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater (total in ML) 0.000
Water and Effluents - Fort Site
Water Withdrawal by Segment
Total water withdrawn by segment, in megalitres (ML) 2,367.116
Surface water (total in ML) 2,232.813
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 2,232.813
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 15.199
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 15.199
Seawater (total in ML) 0.000
Produced water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Third-party water (total in ML) 119.104
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 119.104
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Report on the total water withdrawal from all areas with water stress in megalitres (ML), and a breakdown of this total by the following sources 2,247.813
Surface water (total in ML) 2,232.813
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 2,232.813
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 15.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 15.199
Seawater (total in ML) 0.000
Water and Effluents - Moa Nickel
Water Withdrawal by Segment
Total water withdrawn by segment, in megalitres (ML) 16,026.000
Surface water (total in ML) 15,778.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 15,778.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater (total in ML) 0.000
Produced water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Third-party water (total in ML) 248.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 248.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Report on the total water withdrawal from all areas with water stress in megalitres (ML), and a breakdown of this total by the following sources 0.000
Surface water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater (total in ML) 0.000
Water and Effluents - Sherritt
Water Withdrawal by Segment
Total water withdrawn by segment, in megalitres (ML) 21,722.316


Data Table - Water Withdrawal By Source
Surface water (total in ML) 18,010.813
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 18,010.813
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 81.399
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 6.200
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 75.199
Seawater (total in ML) 3,106.000
Produced water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Third-party water (total in ML) 524.104
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 524.104
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Report on the total water withdrawal from all areas with water stress in megalitres (ML), and a breakdown of this total by the following sources 2,247.813
Surface water (total in ML) 2,232.813
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 2,232.813
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 15.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 15.199
Seawater (total in ML) 0.000
Water and Effluents - Energas
Water Consumption
Report the total water consumption from all areas in megalitres 25.109
Report the total water consumption from all areas with water stress in megalitres 0.000
Water and Effluents - Fort Site
Water Consumption
Report the total water consumption from all areas in megalitres 2,351.918
Report the total water consumption from all areas with water stress in megalitres 1,370.742
Water and Effluents - Moa Nickel
Water Consumption
Report the total water consumption from all areas in megalitres 15,778.000
Report the total water consumption from all areas with water stress in megalitres 0.000
Water and Effluents - Sherritt
Water Consumption
Report the total water consumption from all areas in megalitres 18,155.027
Report the total water consumption from all areas with water stress in megalitres 1,370.742
Water and Effluents - Energas
Water Discharge
Report the total water discharge to all areas (in megalitres) 2,829.000
Surface water 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater 163.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 163.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater 2,666.000
Water and Effluents - Fort Site
Water Discharge
Report the total water discharge to all areas (in megalitres) 981.175
Surface water 981.175
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 981.175
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater 0.000
Water and Effluents - Moa Nickel
Water Discharge
Report the total water discharge to all areas (in megalitres) 0.000
Surface water 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater 0.000
Water and Effluents - Sherritt
Water Discharge
Report the total water discharge to all areas (in megalitres) 3,810.175
Surface water 981.175
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 981.175
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater 163.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 163.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater 2,666.000
Waste - Energas
Waste Generation and Significant Waste-Related Impacts
Report the total amounts of waste generated of the following and associated risks (tonne) 0.000
There are no tailings facilities, and therefore no
tailings-related waste produced, at any of the
Energas sites.
Overburden amount (tonne) 0.000
Rock amount (tonne) 0.000
Tailings amount (tonne) 0.000
Waste - Fort Site
Waste Generation and Significant Waste-Related Impacts
Report the total amounts of waste generated of the following and associated risks (tonne) 0.000
There are no tailings facilities, and therefore no
tailings-related waste produced, at the Fort
Site.
Overburden amount (tonne) 0.000
Rock amount (tonne) 0.000
Tailings amount (tonne) 0.000
Waste - Moa Nickel
Waste Generation and Significant Waste-Related Impacts
Report the total amounts of waste generated of the following and associated risks (tonne) 5,175,239.000
Overburden amount (tonne) 2,122,728.000
Rock amount (tonne) 51,389.000
Tailings amount (tonne) 3,001,122.000
Waste - Sherritt
Waste Generation and Significant Waste-Related Impacts
Describe the inputs, activities, and outputs that lead or could lead to significant actual and potential waste-related impacts Refer to Sherritt's 2023 Tailings Management
Report.
Report the total amounts of waste generated of the following and associated risks (tonne) 5,175,239.000
Overburden amount (tonne) 2,122,728.000
Rock amount (tonne) 51,389.000
Tailings amount (tonne) 3,001,122.000


Data Table - Total Amounts of Overburden,
Rock and Tailings
Waste - Energas
Waste Generated
Report the total weight of waste generated (tonne) 674.090
Organization's own activities (tonne) 674.090
Type of waste
Hazardous waste (tonne) 85.490
Non-Hazardous waste (tonne) 588.600
Waste - Fort Site
Waste Generated
Report the total weight of waste generated (tonne) 7,794.740
Organization's own activities (tonne) 7,794.740
Type of waste
Hazardous waste (tonne) 5,793.420
Non-Hazardous waste (tonne) 2,001.320
Waste - Moa Nickel
Waste Generated
Report the total weight of waste generated (tonne) 1,811.000
Organization's own activities (tonne) 1,811.000
Type of waste
Hazardous waste (tonne) 1,397.000
Non-Hazardous waste (tonne) 414.000
Waste - Sherritt
Waste Generated
Report the total weight of waste generated (tonne) 10,279.830
Organization's own activities (tonne) 10,279.830
Type of waste
Hazardous waste (tonne) 7,275.910
Non-Hazardous waste (tonne) 3,003.920
Waste - Energas
Waste Diverted from Disposal
Total weight of waste diverted from disposal (tonne) 92.6
Total weight of hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 14.54
Preparation for reuse (total, tonne) 0
Preparation for reuse - Onsite 0
Preparation for reuse - Offsite 0
Recycling (total, tonne) 14.54
Recycling - Onsite 0
Recycling - Offsite 14.54
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Report the total weight of non-hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 78.06
Preparation for reuse (total, tonne) 0
Preparation for reuse - Onsite 0
Preparation for reuse - Offsite 0
Recycling (total, tonne) 78.06
Recycling - Onsite 0
Recycling - Offsite 78.06
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Waste - Fort Site
Waste Diverted from Disposal
Total weight of waste diverted from disposal (tonne) 3,119.59
Total weight of hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 2,841.92
Preparation for reuse (total, tonne) 0
Preparation for reuse - Onsite 0
Preparation for reuse - Offsite 0
Recycling (total, tonne) 2,841.92
Recycling - Onsite 0
Recycling - Offsite 2,841.92
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Report the total weight of non-hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 277.67
Preparation for reuse (total, tonne) 0
Preparation for reuse - Onsite 0
Preparation for reuse - Offsite 0
Recycling (total, tonne) 277.67
Recycling - Onsite 0
Recycling - Offsite 277.67
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Waste - Moa Nickel
Waste Diverted from Disposal
Total weight of waste diverted from disposal (tonne) 414
Total weight of hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 0
Preparation for reuse (total, tonne) 0
Preparation for reuse - Onsite 0
Preparation for reuse - Offsite 0
Recycling (total, tonne) 0
Recycling - Onsite 0
Recycling - Offsite 0
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Report the total weight of non-hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 414
Preparation for reuse (total, tonne) 0
Preparation for reuse - Onsite 0
Preparation for reuse - Offsite 0
Recycling (total, tonne) 414
Recycling - Onsite 0
Recycling - Offsite 414
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Waste - Sherritt
Waste Diverted from Disposal
Total weight of waste diverted from disposal (tonne) 3,626.19
Total weight of hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 2,856.46
Preparation for reuse (total, tonne) 0
Preparation for reuse - Onsite 0
Preparation for reuse - Offsite 0
Recycling (total, tonne) 2,856.46
Recycling - Onsite 0
Recycling - Offsite 2,856.46
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Report the total weight of non-hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 769.73
Preparation for reuse (total, tonne) 0
Preparation for reuse - Onsite 0
Preparation for reuse - Offsite 0
Recycling (total, tonne) 769.73
Recycling - Onsite 0
Recycling - Offsite 769.73
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Waste - Energas
Waste Directed to Disposal
Report the total weight of waste directed to disposal (tonne) 574.66
Total weight of hazardous waste directed to disposal (tonne), and a breakdown of this total by the following recovery operations 36.46
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonne) 0
Incineration (without energy recovery) - Onsite
Information unavailable.
Incineration (without energy recovery) - Offsite 0
Landfilling (total, tonne) 36.46
Landfilling - Onsite 31.26
Landfilling - Offsite 5.2
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Report the total weight of non-hazardous waste diverted from disposal (tonnes), and a breakdown of this total by the following recovery operations 538.2
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonnes) 0
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 0
Landfilling (total, tonne) 538.2
Landfilling - Onsite 0
Landfilling - Offsite 538.2
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Waste - Fort Site
Waste Directed to Disposal
Report the total weight of waste directed to disposal (tonne) 4,675.14
Total weight of hazardous waste directed to disposal (tonne), and a breakdown of this total by the following recovery operations 2,951.49
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonne) 5.36
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 5.36
Landfilling (total, tonne) 2,910.8
Landfilling - Onsite 0
Landfilling - Offsite 2,910.8
Other recovery operations (total, tonne) 35.33
Other recovery operations - Onsite 0
Other recovery operations - Offsite 35.33
Report the total weight of non-hazardous waste diverted from disposal (tonnes), and a breakdown of this total by the following recovery operations 1,723.65
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonnes) 0
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 0
Landfilling (total, tonne) 1,586.65
Landfilling - Onsite 0
Landfilling - Offsite 1,586.65
Other recovery operations (total, tonne) 137
Other recovery operations - Onsite 0
Other recovery operations - Offsite 137
Waste - Moa Nickel
Waste Directed to Disposal
Report the total weight of waste directed to disposal (tonne) 1,397
Total weight of hazardous waste directed to disposal (tonne), and a breakdown of this total by the following recovery operations 1,397
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonne) 0
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 0
Landfilling (total, tonne) 1,397
Landfilling - Onsite 0
Landfilling - Offsite 1,397
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Report the total weight of non-hazardous waste diverted from disposal (tonnes), and a breakdown of this total by the following recovery operations 0
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonnes) 0
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 0
Landfilling (total, tonne) 0
Landfilling - Onsite 0
Landfilling - Offsite 0
Other recovery operations (total, tonne) 0
Other recovery operations - Onsite 0
Other recovery operations - Offsite 0
Waste - Sherritt
Waste Directed to Disposal
Report the total weight of waste directed to disposal (tonne) 6,646.8
Total weight of hazardous waste directed to disposal (tonne), and a breakdown of this total by the following recovery operations 4,384.95
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonne) 5.36
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 5.36
Landfilling (total, tonne) 4,344.26
Landfilling - Onsite 31.26
Landfilling - Offsite 4,313
Other recovery operations (total, tonne) 35.33
Other recovery operations - Onsite 0
Other recovery operations - Offsite 35.33
Report the total weight of non-hazardous waste diverted from disposal (tonnes), and a breakdown of this total by the following recovery operations 2,261.85
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonnes) 0
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 0
Landfilling (total, tonne) 2,124.85
Landfilling - Onsite 0
Landfilling - Offsite 2,124.85
Other recovery operations (total, tonne) 137
Other recovery operations - Onsite 0
Other recovery operations - Offsite 137
Waste Management - Energas
Disclose the total weight of tailings produced (tonne) 0.000
Disclose the total amount of waste rock generated (tonne) 0.000
Disclose the total amount of overburden removed (tonne) 0.000
Waste Management - Fort Site
Disclose the total weight of tailings produced (tonne) 0.000
Disclose the total amount of waste rock generated (tonne) 0.000
Disclose the total amount of overburden removed (tonne) 0.000
Waste Management - Moa Nickel
Disclose the total weight of tailings produced (tonne) 3,001,122.000
Disclose the total amount of waste rock generated (tonne) 51,389.000
Disclose the total amount of overburden removed (tonne) 2,122,728.000
Waste Management - Sherritt
Disclose the total weight of tailings produced (tonne) 3,001,122.000
Disclose the total amount of waste rock generated (tonne) 51,389.000
Disclose the total amount of overburden removed (tonne) 2,122,728.000
Describe the policies and procedures that are set forth by the company's waste and hazardous materials management strategy Sherritt has developed several guidance
documents to direct site-based employees on
the management of waste including a Waste
Management Process, Waste Process Manual,
Hazardous Waste Manifest Procedure and an
Annual Waste Report Procedure.
Describe how its policies and procedures compare with those required by local jurisdictions that apply to the entity Sherritt policies and procedures meet or
exceed all applicable local, provincial or
national waste regulations.
Describe how waste and hazardous materials management efforts are coordinated among business partners (e.g., contractors and subcontractors) Sherritt's Waste Management Standard
requires sites to provide training to relevant
employees and contractors in accordance with
their roles and responsibilities.
Waste Management - Moa Nickel
Tailings Storage Facilities Management
Does your company manage Tailings Storage Facilities Yes
Provide an inventory of all tailings storage facilities (TSFs)
TSF #1: (1) Facility name Acid Leach Tailings Facility
TSF #1: (2) Location Cuba
TSF #1: (3) Ownership status Moa Joint Venture
TSF #1: (4) Operational status Inactive/Care and Maintenance
TSF #1: (5) Construction method Upstream
TSF #1: (6) Maximum permitted storage capacity (tonnes) 53,700,000.000
TSF #1: (7) Current amount of tailings stored (tonnes) 53,700,000.000
TSF #1: (8) Consequence classification Extreme
TSF #1: (9) Date of most recent independent technical review 2023-12-04
TSF #1: (12) Site-specific EPRP Yes
TSF #2: (1) Facility name North Extension
TSF #2: (2) Location Cuba
TSF #2: (3) Ownership status Moa Joint Venture
TSF #2: (4) Operational status Operational
TSF #2: (5) Construction method Upstream
TSF #2: (6) Maximum permitted storage capacity (tonnes) 13,020,000.000
TSF #2: (7) Current amount of tailings stored (tonnes) 13,020,000.000
TSF #2: (8) Consequence classification Extreme
TSF #2: (9) Date of most recent independent technical review 2023-12-06
TSF #2: (12) Site-specific EPRP Yes
TSF #3: (1) Facility name Area 22
TSF #3: (2) Location Cuba
TSF #3: (3) Ownership status Moa Joint Venture
TSF #3: (4) Operational status Operational
TSF #3: (5) Construction method downstream
TSF #3: (6) Maximum permitted storage capacity (tonnes) 9,983,000.000
TSF #3: (7) Current amount of tailings stored (tonnes) 4,680,000.000
TSF #3: (8) Consequence classification Extreme
TSF #3: (9) Date of most recent independent technical review 2023-12-05
TSF #3: (12) Site-specific EPRP Yes
Provide a summary of the tailings management systems used to monitor and maintain the structural integrity of tailings facilities and to minimize the risk of a catastrophic failure Piezometer readings, settlement monuments,
pressure gauges, remote sensing, and other
technologies are used to monitor tailings dams,
abutments, natural slopes and water levels. For
2024 Moa Nickel is monitoring movement via
satellite with the Engineer on Record.
Provide summary of tailings management systems and governance structure used to monitor and maintain the stability of tailings storage facilities The tailings management systems and
governance structure used to monitor and
maintain the stability of tailings storage
facilities are summarized in Sherritt's 2023
Tailings Management Report. Each TSF is
monitored regularly by the tailings
management teams and Engineer of Record for
safety and stability. Instrumentation such as
piezometers and settlement monuments are
reviewed as part of those assessments.
Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs) Emergency Preparedness and Response Plans
(EPRPs) are developed along with the
Operations Maintenance and Surveillance
(OMS) manual every two years or when a major
facility change occurs. EPRPs are prepared by
the Engineer on Record and the Tailings Dam
Team. The initial draft is sent for peer revision
and the final version is sent to Moa Nickel
Directors and Sub-Directors for revision and
commentaries. Finally, this document is sent to
local authorities for approval.
Disclose the company's approach to engagement concerning Emergency Preparedness and Response Plans (EPRPs) at tailings storage facilities, including the preparedness of local stakeholders EPRPs and the OMS are designed to account
for the close proximity between the tailings
facilities and the surrounding community of La
Veguita. Two major safety campaigns are
implemented annually to engage the local
population and warn them of the potential risk
of living near tailings facilities. Tailings dam
personnel are also trained in these areas
throughout the year and during their safety
inductions and training.
Biodiversity - Sherritt
Management Plan
Disclose the approach to biodiversity management Sherritt is committed to identifying, managing,
protecting, and conserving biodiversity. Our
Biodiversity Management Standard is designed
to meet all the Level A requirements of the
TSM Biodiversity Conservation Management
Protocol. 

To achieve implementation of our Biodiversity
Management Standard, operating sites are
required to develop a site level biodiversity
action plan that assesses potential impacts or
risks to biodiversity and identifies specific
objectives or targets for significant biodiversity
aspects. These biodiversity action plans include
considerations such as local ecological
knowledge, identification of any no-go or buffer
zones near key areas, and monitoring and
evaluation mechanisms.  Action plans are
designed to address legal and corporate
obligations (including those related to closure
and post-closure) and align with existing
regional initiatives, where possible.
TSM Biodiversity Conservation Management
Protocol
Describe significant impacts of activities, products and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas Does not apply. Project footprints do not
overlap with protected areas and areas of high
biodiversity value outside protected areas.
Describe the environmental and biodiversity management plan(s) implemented at active sites Biodiversity Conservation Management Plan
1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups) Mining Association of Canada - Towards
Sustainable Mining: Biodiversity Conservation
Management Protocol
Biodiversity - Energas
Impacts
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares)
Total land disturbed and not yet rehabilitated (A: opening balance) 48.300
Total amount of land newly disturbed within the reporting period (B) 0.000
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 0.000
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 48.300
Total cumulative land rehabilitated since the beginning of the operation (hectares) 0.000
Biodiversity - Fort Site
Impacts
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares)
Total land disturbed and not yet rehabilitated (A: opening balance) 131.000
Total amount of land newly disturbed within the reporting period (B) 0.000
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 0.000
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 131.000
Total cumulative land rehabilitated since the beginning of the operation (hectares) 0.000
Biodiversity - Moa Nickel
Impacts
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares)
Total land disturbed and not yet rehabilitated (A: opening balance) 912.460
Total amount of land newly disturbed within the reporting period (B) 51.130
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 40.000
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 923.590
Total cumulative land rehabilitated since the beginning of the operation (hectares) 923.590
Biodiversity - Sherritt
Impacts
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares)
Total land disturbed and not yet rehabilitated (A: opening balance) 1,091.760
Total amount of land newly disturbed within the reporting period (B) 51.130
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 40.000


Data Table - Amount of Land (Owned or
Leased, and Managed for Production Activities
or Extractive Use) Disturbed or Rehabilitated
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 1,102.890
Total cumulative land rehabilitated since the beginning of the operation (hectares) 923.590
Social
Scale of the Organization - Energas
Direct Employees Information
Total number of direct employees (excludes workers who are not employees) 62
Total number of permanent employees 43
Total number of permanent employees - Female 14
Total number of permanent employees - Male 29
Total number of temporary employees 19
Total number of temporary employees - Female 1
Total number of temporary employees - Male 18
Total number of male direct employees (excludes workers who are not employees) 47
Total number of female direct employees (excludes workers who are not employees) 15
Workers Who are Not Employees
Report the total number of workers who are not employees and whose work is controlled by the organization 418
The Cuban workforce is supplied by two state
employment contractors. All contractors are
under Sherritt and its partners' duty of care,
but Cuban nationals are not hired directly by
Sherritt.
Total number of workers who are not employees - Female 44
Total number of workers who are not employees - Male 357
Total number of workers who are not employees - Gender not disclosed 17
Total Workforce
Total employed workforce (includes direct employees and workers who are not employees) 480
Total employed female workforce (includes direct female employees and female workers who are not employees) 59
Female workforce as percentage of total employed workforce 12.2917%
Total employed male workforce (includes direct male employees and male workers who are not employees) 404
Male workforce as percentage of total employed workforce 84.1667%
Total workforce with gender not disclosed (include direct gender not disclosed employees and gender not disclosed workers who are not employees) 17
Workforce with gender not disclosed as percentage of total employed workforce 3.5417%
Workers who are not employees (contractors) as percentage of total employed workforce 87.0833%
Scale of the Organization - Fort Site
Direct Employees Information
Total number of direct employees (excludes workers who are not employees) 787
Total number of permanent employees 756
Total number of permanent employees - Female 161
Total number of permanent employees - Male 592
Total number of permanent employees - Non-binary 3
Total number of temporary employees 31
Total number of temporary employees - Female 9
Total number of temporary employees - Male 22
Total number of male direct employees (excludes workers who are not employees) 614
Total number of female direct employees (excludes workers who are not employees) 170
Total number of non-binary direct employees (excludes workers who are not employees) 3
Workers Who are Not Employees
Report the total number of workers who are not employees and whose work is controlled by the organization 29
Total number of workers who are not employees - Female 2
Total number of workers who are not employees - Male 7
Total number of workers who are not employees - Gender not disclosed 20
Total Workforce
Total employed workforce (includes direct employees and workers who are not employees) 816
Total employed female workforce (includes direct female employees and female workers who are not employees) 172
Female workforce as percentage of total employed workforce 21.0784%
Total employed male workforce (includes direct male employees and male workers who are not employees) 621
Male workforce as percentage of total employed workforce 76.1029%
Total employed non-binary workforce (includes direct non-binary employees and non-binary workers who are not employees) 3
Non-binary workforce as percentage of total employed workforce 0.3676%
Total workforce with gender not disclosed (include direct gender not disclosed employees and gender not disclosed workers who are not employees) 20
Workforce with gender not disclosed as percentage of total employed workforce 2.4510%
Workers who are not employees (contractors) as percentage of total employed workforce 3.5539%
Scale of the Organization - Moa Nickel
Direct Employees Information
Total number of direct employees (excludes workers who are not employees) 7
Total number of permanent employees 2
Total number of permanent employees - Female 0
Total number of permanent employees - Male 2
Total number of temporary employees 5
Total number of temporary employees - Female 0
Total number of temporary employees - Male 5
Total number of male direct employees (excludes workers who are not employees) 7
Total number of female direct employees (excludes workers who are not employees) 0
Workers Who are Not Employees
Report the total number of workers who are not employees and whose work is controlled by the organization 2,128
The Cuban workforce is supplied by two state
employment contractors. All contractors are
under Sherritt and its partners' duty of care,
but Cuban nationals are not hired directly by
Sherritt.
Total number of workers who are not employees - Female 211
Total number of workers who are not employees - Male 1,917
Total Workforce
Total employed workforce (includes direct employees and workers who are not employees) 2,135
Total employed female workforce (includes direct female employees and female workers who are not employees) 211
Female workforce as percentage of total employed workforce 9.8829%
Total employed male workforce (includes direct male employees and male workers who are not employees) 1,924
Male workforce as percentage of total employed workforce 90.1171%
Workers who are not employees (contractors) as percentage of total employed workforce 99.6721%
Scale of the Organization - Corporate
Direct Employees Information
Total number of direct employees (excludes workers who are not employees) 70
Total number of permanent employees 69
Total number of permanent employees - Female 41
Total number of permanent employees - Male 28
Total number of temporary employees 1
Total number of temporary employees - Female 1
Total number of temporary employees - Male 0
Total number of male direct employees (excludes workers who are not employees) 28
Total number of female direct employees (excludes workers who are not employees) 42
Workers Who are Not Employees
Report the total number of workers who are not employees and whose work is controlled by the organization 15
Total number of workers who are not employees - Female 3
Total number of workers who are not employees - Male 12
Total Workforce
Total employed workforce (includes direct employees and workers who are not employees) 85
Total employed female workforce (includes direct female employees and female workers who are not employees) 45
Female workforce as percentage of total employed workforce 52.9412%
Total employed male workforce (includes direct male employees and male workers who are not employees) 40
Male workforce as percentage of total employed workforce 47.0588%
Workers who are not employees (contractors) as percentage of total employed workforce 17.6471%
Scale of the Organization - Sherritt
Direct Employees Information
Total number of direct employees (excludes workers who are not employees) 926
Total number of permanent employees 870
Total number of permanent employees - Female 216
Total number of permanent employees - Male 651
Total number of permanent employees - Non-binary 3
Total number of temporary employees 56
Total number of temporary employees - Female 11
Total number of temporary employees - Male 45
Total number of male direct employees (excludes workers who are not employees) 696
Total number of female direct employees (excludes workers who are not employees) 227
Total number of non-binary direct employees (excludes workers who are not employees) 3
Workers Who are Not Employees
Report the total number of workers who are not employees and whose work is controlled by the organization 2,590
The Cuban workforce for Energas and Moa
Nickel is supplied by two state employment
contractors. All contractors are under Sherritt
and its partners' duty of care, but Cuban
nationals are not hired directly by Sherritt.
Total number of workers who are not employees - Female 260
Total number of workers who are not employees - Male 2,293
Total Workforce
Total employed female workforce (includes direct female employees and female workers who are not employees) 487
Female workforce as percentage of total employed workforce 13.8510%
Total employed male workforce (includes direct male employees and male workers who are not employees) 2,989
Male workforce as percentage of total employed workforce 85.0114%
Total employed non-binary workforce (includes direct non-binary employees and non-binary workers who are not employees) 3
Non-binary workforce as percentage of total employed workforce 0.0853%
Workers who are not employees (contractors) as percentage of total employed workforce 73.6633%
The Cuban workforce is supplied by two state
employment contractors. All contractors are
under Sherritt and its partners' duty of care,
but Cuban nationals are not hired directly by
Sherritt.
Employment - Energas
Turnover & Gender Breakdown
Female direct employees 
Total number of turnover (the number of females that left during the period) 4
Male direct employees
Total number of turnover (the number of males that left during the period) 8
Turnover
Report the total number and rate of turnover for all Direct Employees 
Total number of turnover (the number that left during the period) 12
Voluntary Turnover - direct employees
Total number of turnover (the number that left voluntarily during the period) 11
Involuntary Turnover - direct employees
Total number of turnover (the number that left involuntarily during the period) 1
Employment - Fort Site
Turnover & Gender Breakdown
Female direct employees 
Total number of turnover (the number of females that left during the period) 34
Male direct employees
Total number of turnover (the number of males that left during the period) 75
Turnover
Report the total number and rate of turnover for all Direct Employees 
Total number of turnover (the number that left during the period) 109
Voluntary Turnover - direct employees
Total number of turnover (the number that left voluntarily during the period) 92
Involuntary Turnover - direct employees
Total number of turnover (the number that left involuntarily during the period) 17
Employment - Moa Nickel
Turnover & Gender Breakdown
Female direct employees 
Total number of turnover (the number of females that left during the period) 0
Male direct employees
Total number of turnover (the number of males that left during the period) 4
Turnover
Report the total number and rate of turnover for all Direct Employees 
Total number of turnover (the number that left during the period) 4
Voluntary Turnover - direct employees
Total number of turnover (the number that left voluntarily during the period) 2
Involuntary Turnover - direct employees
Total number of turnover (the number that left involuntarily during the period) 2
Employment - Corporate
Turnover & Gender Breakdown
Female direct employees 
Total number of turnover (the number of females that left during the period) 2
Male direct employees
Total number of turnover (the number of males that left during the period) 3
Turnover
Report the total number and rate of turnover for all Direct Employees 
Total number of turnover (the number that left during the period) 5
Voluntary Turnover - direct employees
Total number of turnover (the number that left voluntarily during the period) 3
Involuntary Turnover - direct employees
Total number of turnover (the number that left involuntarily during the period) 2
Employment - Sherritt
Turnover & Gender Breakdown
Female direct employees 
Total number of turnover (the number of females that left during the period) 40
Male direct employees
Total number of turnover (the number of males that left during the period) 90
Turnover
Report the total number and rate of turnover for all Direct Employees 
Total number of turnover (the number that left during the period) 130
Rate of turnover - direct employees 14.6644%
Voluntary Turnover - direct employees
Total number of turnover (the number that left voluntarily during the period) 108
Rate of voluntary turnover - direct employees 12.1827%
Involuntary Turnover - direct employees
Total number of turnover (the number that left involuntarily during the period) 22
Rate of involuntary turnover - direct employees 2.4817%
Employment - Energas
Turnover & Age Breakdown
Direct Employees aged 30 years old and under 
Total number of turnover (the number that left during the period) 3
Direct Employees aged between 30 and 50 years old 
Total number of turnover (the number that left during the period) 8
Direct Employees over 50 years old
Total number of turnover (the number that left during the period) 1
Identify types of employees captured in the turnover rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
Employment - Fort Site
Turnover & Age Breakdown
Direct Employees aged 30 years old and under 
Total number of turnover (the number that left during the period) 22
Direct Employees aged between 30 and 50 years old 
Total number of turnover (the number that left during the period) 37
Direct Employees over 50 years old
Total number of turnover (the number that left during the period) 50
Identify types of employees captured in the turnover rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
Employment - Moa Nickel
Turnover & Age Breakdown
Direct Employees aged 30 years old and under 
Total number of turnover (the number that left during the period) 0
Direct Employees aged between 30 and 50 years old 
Total number of turnover (the number that left during the period) 3
Direct Employees over 50 years old
Total number of turnover (the number that left during the period) 1
Identify types of employees captured in the turnover rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
Employment - Corporate
Turnover & Age Breakdown
Direct Employees aged 30 years old and under 
Total number of turnover (the number that left during the period) 1
Direct Employees aged between 30 and 50 years old 
Total number of turnover (the number that left during the period) 3
Direct Employees over 50 years old
Total number of turnover (the number that left during the period) 1
Identify types of employees captured in the turnover rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
Employment - Sherritt
Turnover & Age Breakdown
Direct Employees aged 30 years old and under 
Total number of turnover (the number that left during the period) 26
Direct Employees aged between 30 and 50 years old 
Total number of turnover (the number that left during the period) 51
Direct Employees over 50 years old
Total number of turnover (the number that left during the period) 53
Identify types of employees captured in the turnover rate calculations Other, please specify
All employees that are included on Sherritt's
payroll.
Employment - Energas
New Hires and Rate of Hire
Report the total number and rate of new direct employee hires during the reporting period, by age group, gender and region
All direct employees
Total hires during the reporting period 29
Rate of hire 46.7742%
Direct Female employees
Total female hires during the reporting period 7
Females as percent of total new hires 24.1379%
Direct Male employees
Total males hires during the reporting period 22
Males as percent of total new hires 75.8621%
Direct Employees aged 30 years old and under
Total hires during the reporting period (30 yr. and under) 7
30 yr. and under as percent of total new hires 24.1379%
Direct Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs.) 14
30-50 yrs. as percent of total new hires 48.2759%
Direct Employees over 50 years old
Total hires during the reporting period (50+ yrs.) 8
50+ yrs. as percent of total new hires 27.5862%
Employment - Fort Site
New Hires and Rate of Hire
Report the total number and rate of new direct employee hires during the reporting period, by age group, gender and region
All direct employees
Total hires during the reporting period 144
Rate of hire 18.2973%
Direct Female employees
Total female hires during the reporting period 56
Females as percent of total new hires 38.8889%
Direct Male employees
Total males hires during the reporting period 88
Males as percent of total new hires 61.1111%
Direct Employees aged 30 years old and under
Total hires during the reporting period (30 yr. and under) 44
30 yr. and under as percent of total new hires 30.5556%
Direct Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs.) 73
30-50 yrs. as percent of total new hires 50.6944%
Direct Employees over 50 years old
Total hires during the reporting period (50+ yrs.) 27
50+ yrs. as percent of total new hires 18.7500%
Employment - Moa Nickel
New Hires and Rate of Hire
Report the total number and rate of new direct employee hires during the reporting period, by age group, gender and region
All direct employees
Total hires during the reporting period 4
Rate of hire 57.1429%
Direct Female employees
Total female hires during the reporting period 0
Females as percent of total new hires 0.0000%
Direct Male employees
Total males hires during the reporting period 4
Males as percent of total new hires 100.0000%
Direct Employees aged 30 years old and under
Total hires during the reporting period (30 yr. and under) 1
30 yr. and under as percent of total new hires 25.0000%
Direct Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs.) 2
30-50 yrs. as percent of total new hires 50.0000%
Direct Employees over 50 years old
Total hires during the reporting period (50+ yrs.) 1
50+ yrs. as percent of total new hires 25.0000%
Employment - Corporate
New Hires and Rate of Hire
Report the total number and rate of new direct employee hires during the reporting period, by age group, gender and region
All direct employees
Total hires during the reporting period 11
Rate of hire 15.7143%
Direct Female employees
Total female hires during the reporting period 4
Females as percent of total new hires 36.3636%
Direct Male employees
Total males hires during the reporting period 7
Males as percent of total new hires 63.6364%
Direct Employees aged 30 years old and under
Total hires during the reporting period (30 yr. and under) 3
30 yr. and under as percent of total new hires 27.2727%
Direct Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs.) 7
30-50 yrs. as percent of total new hires 63.6364%
Direct Employees over 50 years old
Total hires during the reporting period (50+ yrs.) 1
50+ yrs. as percent of total new hires 9.0909%
Employment - Sherritt
New Hires and Rate of Hire
Report the total number and rate of new direct employee hires during the reporting period, by age group, gender and region
All direct employees
Total hires during the reporting period 188
Rate of hire 20.3024%
Direct Female employees
Total female hires during the reporting period 67
Females as percent of total new hires 35.6383%
Direct Male employees
Total males hires during the reporting period 121
Males as percent of total new hires 64.3617%
Direct Employees aged 30 years old and under
Total hires during the reporting period (30 yr. and under) 55
30 yr. and under as percent of total new hires 29.2553%
Direct Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs.) 96
30-50 yrs. as percent of total new hires 51.0638%
Direct Employees over 50 years old
Total hires during the reporting period (50+ yrs.) 37
50+ yrs. as percent of total new hires 19.6809%
Labour Relations - Sherritt
Collective Bargaining Agreements
Percentage of total direct employees covered by collective bargaining agreements 39.0929%
This number applies only to employees at the
Fort Site as this is the only site that is unionized
under Sherritt's direct supervision. All local
Cuban nationals, identified as contractors in
Sherritt's workforce, at Energas and Moa
Nickel may be covered under a collective
bargaining agreement or agreements, but these
agreements are not facilitated by Sherritt.
Labour Relations - Energas
Disclose the number of work stoppages of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Disclose the total duration, in worker days idle, of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Labour Relations - Fort Site
Disclose the number of work stoppages of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Disclose the total duration, in worker days idle, of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Labour Relations - Moa Nickel
Disclose the number of work stoppages of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Disclose the total duration, in worker days idle, of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Labour Relations - Corporate
Disclose the number of work stoppages of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Disclose the total duration, in worker days idle, of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Labour Relations - Energas
Report total number of strikes and lock-outs exceeding one week
Number of lock-outs exceeding one week 0
Number of strikes exceeding one week 0
Labour Relations - Fort Site
Report total number of strikes and lock-outs exceeding one week
Number of lock-outs exceeding one week 0
Number of strikes exceeding one week 0
Labour Relations - Moa Nickel
Report total number of strikes and lock-outs exceeding one week
Number of lock-outs exceeding one week 0
Number of strikes exceeding one week 0
Labour Relations - Corporate
Report total number of strikes and lock-outs exceeding one week
Number of lock-outs exceeding one week 0
Number of strikes exceeding one week 0
Labour Relations - Sherritt
Number of lock-outs exceeding one week 0
Number of strikes exceeding one week 0
Occupational Health and Safety - Energas
Work-related Injuries
Injuries - For the total workforce
Number of fatalities as a result of work-related injury 0
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 1
Rate of recordable work-related injuries 0.231
Number of hours worked 865,747
Lost Time Injuries (LTIs) 0
Lost Time Injury Rate (LTIR) 0.000
The data in the section above represents all
full-time equivalent employees at Energas
excluding subcontractors.
Injuries - workers who are not employees, but whose work and/or workplace is controlled by the organization
Number of fatalities as a result of work-related injury 0
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 3
Rate of recordable work-related injuries 1.224
Number of hours worked 490,204
Lost Time Injuries (LTIs) 1
Lost Time Injury Rate (LTIR) 0.408
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 1,355,951
Total number of all work-related injuries 4
Rate of work-related injuries 0.590
Total Lost Time Injuries (LTIs) 1
Lost Time Injury Rate (LTIR) 0.147
Energas health and safety data values are
inclusive of Sherritt's Oil and Gas divisional
health and safety data.
Occupational Health and Safety - Fort Site
Work-related Injuries
Injuries - For the total workforce
Number of fatalities as a result of work-related injury 0
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 4
Rate of recordable work-related injuries 0.599
Number of hours worked 1,335,541
Lost Time Injuries (LTIs) 0
Lost Time Injury Rate (LTIR) 0.000
Injuries - workers who are not employees, but whose work and/or workplace is controlled by the organization
Number of fatalities as a result of work-related injury 0
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 2
Rate of recordable work-related injuries 0.714
Number of hours worked 560,553
Lost Time Injuries (LTIs) 0
Lost Time Injury Rate (LTIR) 0.000
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 1,896,094
Total number of all work-related injuries 6
Rate of work-related injuries 0.633
Total Lost Time Injuries (LTIs) 0
Lost Time Injury Rate (LTIR) 0.000
Occupational Health and Safety - Moa Nickel
Work-related Injuries
Injuries - For the total workforce
Number of fatalities as a result of work-related injury 1
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.045
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 7
Rate of recordable work-related injuries 0.318
Number of hours worked 4,406,601
Lost Time Injuries (LTIs) 8
Lost Time Injury Rate (LTIR) 0.363
The data in the section above represents all
full-time equivalent employees at Moa Nickel
excluding subcontractors.
Injuries - workers who are not employees, but whose work and/or workplace is controlled by the organization
Number of fatalities as a result of work-related injury 1
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.100
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 0
Rate of recordable work-related injuries 0.000
Number of hours worked 2,006,199
Lost Time Injuries (LTIs) 1
Lost Time Injury Rate (LTIR) 0.100
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 6,412,800
Total number of all work-related injuries 9
Rate of work-related injuries 0.281
Total Lost Time Injuries (LTIs) 9
Lost Time Injury Rate (LTIR) 0.281
Occupational Health and Safety - Corporate
Work-related Injuries
Injuries - For the total workforce
Number of fatalities as a result of work-related injury 0
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 0
Rate of recordable work-related injuries 0.000
Number of hours worked 145,920
Lost Time Injuries (LTIs) 0
Lost Time Injury Rate (LTIR) 0.000
Injuries - workers who are not employees, but whose work and/or workplace is controlled by the organization
Number of fatalities as a result of work-related injury 0
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 0
Rate of recordable work-related injuries 0.000
Number of hours worked 0
Lost Time Injuries (LTIs) 0
Lost Time Injury Rate (LTIR) 0.000
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 145,920
Total number of all work-related injuries 0
Rate of work-related injuries 0.000
Total Lost Time Injuries (LTIs) 0
Lost Time Injury Rate (LTIR) 0.000
Occupational Health and Safety - Sherritt
Work-related Injuries
Injuries - For the total workforce
Number of fatalities as a result of work-related injury 1
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.030
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 12
Rate of recordable work-related injuries 0.355
Number of hours worked 6,753,809
Lost Time Injuries (LTIs) 8
Lost Time Injury Rate (LTIR) 0.237
The data in the section above represents all
full-time equivalent employees excluding
subcontractors.
Injuries - workers who are not employees, but whose work and/or workplace is controlled by the organization
Number of fatalities as a result of work-related injury 1
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.065
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 5
Rate of recordable work-related injuries 0.327
Number of hours worked 3,056,956
Lost Time Injuries (LTIs) 2
Lost Time Injury Rate (LTIR) 0.131
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 9,810,765
Total number of all work-related injuries 19
Rate of work-related injuries 0.387
Total Lost Time Injuries (LTIs) 10
Lost Time Injury Rate (LTIR) 0.204
Have rates been calculated based on 200,000 or 1,000,000 hours worked 200,000
Child Labour - Energas
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
Child labour Does not apply.
Young workers exposed to hazardous work Does not apply.
Disclose operations and suppliers considered to have significant risk for incidents of child labour either in terms of:
Type of operation (i.e., manufacturing plant) and supplier Does not apply.
Report measures taken by the organization in the reporting period intended to contribute to the effective abolition of child labour In 2015, Cuba ratified the International Labour
Organization's Worst Forms of Child Labour
Convention, which calls for the prohibition and
elimination of the worst forms of child labour,
including slavery, trafficking, the use of children
in armed conflict, the use of a child for
prostitution, pornography and illicit activities
(such as drug trafficking) as well as hazardous
work. Cuban legislation prohibits child labour
and establishes 17 years old as the minimum
age of employment. Sherritt has also
established a Human Rights Policy that
stipulates a strict prohibition of any use of child
labour in its own operations or supply chain.
Child Labour - Fort Site
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
Child labour Does not apply.
Young workers exposed to hazardous work Does not apply.
Disclose operations and suppliers considered to have significant risk for incidents of child labour either in terms of:
Type of operation (i.e., manufacturing plant) and supplier Does not apply.
Report measures taken by the organization in the reporting period intended to contribute to the effective abolition of child labour In Canada, the use of child labour is controlled
and prevented by labour laws.
Child Labour - Moa Nickel
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
Child labour Does not apply.
Young workers exposed to hazardous work Does not apply.
Disclose operations and suppliers considered to have significant risk for incidents of child labour either in terms of:
Type of operation (i.e., manufacturing plant) and supplier Does not apply.
Report measures taken by the organization in the reporting period intended to contribute to the effective abolition of child labour In 2015, Cuba ratified the International Labour
Organization's Worst Forms of Child Labour
Convention, which calls for the prohibition and
elimination of the worst forms of child labour,
including slavery, trafficking, the use of children
in armed conflict, the use of a child for
prostitution, pornography and illicit activities
(such as drug trafficking) as well as hazardous
work. Cuban legislation prohibits child labour
and establishes 17 years old as the minimum
age of employment. Sherritt has also
established a Human Rights Policy that
stipulates a strict prohibition of any use of child
labour in its own operations or supply chain. In
2023, a Conflict-Affected and High Risk Area
assessment was completed and follow-up due
diligence assessment at Moa Nickel. There is no
child labour or other high risks in Sherritt's
mineral supply chain. More information is
available on Sherritt's Sustainability website.
Sherritt's Sustainability Website
Security, Human Rights and Rights of Indigenous People - Sherritt
Discuss the practices and procedures while operating in areas of conflict, describing the approach according to the Five-Step Framework outlined in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Sherritt does not operate in areas of conflict as
per the World Bank's list of "Fragile and
Conflict-Affected Situations."
Human Rights Assessment - Other
Operations Reviews and Assessments
Report the following for operations that have been subject to human rights reviews or human rights impact assessments
Total number of operations that have been subject to human rights reviews or human rights impact assessments 0
These are corporate offices, Human Rights
Impact Assessment requirements are not
applicable.
Total percentage of operations that have been subject to human rights reviews or human rights impact assessments Does Not Apply
Human Rights Assessment - Cuba
Operations Reviews and Assessments
Report the following for operations that have been subject to human rights reviews or human rights impact assessments
Total number of operations that have been subject to human rights reviews or human rights impact assessments 1
Total percentage of operations that have been subject to human rights reviews or human rights impact assessments 50.0000%
Human Rights Assessment - Canada
Operations Reviews and Assessments
Report the following for operations that have been subject to human rights reviews or human rights impact assessments
Total number of operations that have been subject to human rights reviews or human rights impact assessments 1
Total percentage of operations that have been subject to human rights reviews or human rights impact assessments 100.0000%
Human Rights Assessment - Sherritt
Operations Reviews and Assessments
Report the following for operations that have been subject to human rights reviews or human rights impact assessments
Total number of operations that have been subject to human rights reviews or human rights impact assessments 2
Of the three operations (the Fort Site, Moa
Nickel and Energas), both the Fort Site and Moa
Nickel have undergone annual (2019, 2020,
2021, 2022 and 2023) Conflict Affected and
High-Risk Area evaluations, which are based on
the Responsible Minerals Assurance Process
and grounded in the OECD Due Diligence
Guidance. More information is available on
Sherritt's Sustainability website.

Sherritt's Sustainability Website
Total percentage of operations that have been subject to human rights reviews or human rights impact assessments 66.6667%
Local Communities - Energas
Operations with Local Community
Have the operations included the use of the following
Social impact assessments, including gender impact assessments, based on participatory processes No
Environmental impact assessments and ongoing monitoring Yes
Public disclosure of results of environmental and social impact assessments Yes
Local community development programs based on local communities’ needs Yes
Stakeholder engagement plans based on stakeholder mapping No
Broad based local community consultation committees and processes that include vulnerable groups No
Works councils, occupational health and safety committees and other worker representation bodies to deal with impacts Yes
Formal local community grievance processes Yes
Significant disputes relating to land use, customary rights of local communities and indigenous peoples Does not apply.
Number of significant disputes relating to land use, customary rights of local communities and indigenous peoples 0
Description of significant disputes relating to land use, customary rights of local communities and indigenous peoples Does not apply.
The extent to which grievance mechanisms were used to resolve disputes relating to land use, customary rights of local communities and indigenous peoples, and the outcomes Does not apply.
Local Communities - Fort Site
Operations with Local Community
Have the operations included the use of the following
Social impact assessments, including gender impact assessments, based on participatory processes No
Environmental impact assessments and ongoing monitoring Yes
Public disclosure of results of environmental and social impact assessments No
Local community development programs based on local communities’ needs Yes
Stakeholder engagement plans based on stakeholder mapping Yes
Broad based local community consultation committees and processes that include vulnerable groups No
Works councils, occupational health and safety committees and other worker representation bodies to deal with impacts Yes
Formal local community grievance processes Yes
Significant disputes relating to land use, customary rights of local communities and indigenous peoples Does not apply.
Number of significant disputes relating to land use, customary rights of local communities and indigenous peoples 0
Description of significant disputes relating to land use, customary rights of local communities and indigenous peoples Does not apply.
The extent to which grievance mechanisms were used to resolve disputes relating to land use, customary rights of local communities and indigenous peoples, and the outcomes Does not apply.
Local Communities - Moa Nickel
Operations with Local Community
Have the operations included the use of the following
Social impact assessments, including gender impact assessments, based on participatory processes No
Environmental impact assessments and ongoing monitoring Yes
Public disclosure of results of environmental and social impact assessments No
Local community development programs based on local communities’ needs Yes
Stakeholder engagement plans based on stakeholder mapping No
Broad based local community consultation committees and processes that include vulnerable groups No
Works councils, occupational health and safety committees and other worker representation bodies to deal with impacts Yes
Formal local community grievance processes Yes
Significant disputes relating to land use, customary rights of local communities and indigenous peoples Does not apply.
Number of significant disputes relating to land use, customary rights of local communities and indigenous peoples 0
Description of significant disputes relating to land use, customary rights of local communities and indigenous peoples Does not apply.
The extent to which grievance mechanisms were used to resolve disputes relating to land use, customary rights of local communities and indigenous peoples, and the outcomes Does not apply.
Community Relations - Sherritt
Artisanal and Small-Scale Mining
Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized) 0
Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site 0.0000%


Data Table - Number and Percentage of
Company Operating Sites where Artisanal and
Small-Scale Mining Takes Place On, or Adjacent
To, the Site; the Associated Risks and the
Action Taken to Manage and Mitigate These
Risks
Report the associated risks and the actions taken to manage and mitigate these risks Sherritt does not operate sites where artisanal
and small-scale mining takes place on, or
adjacent to the site.
Risks and Opportunities
Disclose the total number of site shutdowns or project delays due to non-technical factors 0
Disclose the total aggregate duration (in days) of site shutdowns or project delays due to non-technical factors 0
No site shutdowns occurred due to non-
technical factors during 2023 across the entire
organization.
Resettlement
Have there been community resettlements in order to accommodate business activities and if so, please provide the following details about the specific sites No


Data Table - Sites Where Resettlements Took
Place, The Number of Households Resettled In
Each, and How Their Livelihoods Were
Affected In The Process
Indirect Economic Impacts - Sherritt
Infrastructure Investments and Services Supported
What is the extent of development of significant infrastructure investments and services supported In Cuba, Sherritt provided in-kind donations of
municipal infrastructure equipment to local
municipalities. Examples include irrigation
systems to support local food production, road
construction equipment, a submersible water
pump to increase access to water for 10,000
people and the installation of solar panels to
electrify a rural community. Local hospitals and
care facilities were supported through the
provision of appliances and equipment.
Additionally, Sherritt provided the health care
system in the municipality of Moa with a
Hemodialysis Water Plant and heart surgery
equipment.

In Canada, Sherritt supported services
including several Indigenous organizations,
food banks, women's shelters, skills training for
women, a children's hospital foundation,
addiction outreach programs and many others.

Refer to Sherritt's 2023 Sustainability Report
for more information.
What is the current or expected positive impacts on communities and local economies Significant indirect economic impact,
particularly through the indirect effects of
employment, economic development, skills
developments, and community benefits.

In 2023, Sherritt invested >CAD$900,000 in
local communities. 100% of community-based
donations were intended to align with local
community needs.
What are the types of investments
   •  In-Cash (Commercial)
   •  In-Kind
Indirect Economic Impacts
Significant Indirect Economic Impacts
Provide examples of significant positive indirect economic impacts of the organization
   •  Economic development in areas of high
poverty (such as changes in the total number of
dependents supported through the income of a
single job)
   •  Availability of products and services for
those on low incomes (such as preferential
pricing of pharmaceuticals, which contributes
to a healthier population that can participate
more fully in the economy, or pricing structures
that exceed the economic capacity of those on
low incomes)
   •  Enhanced skills and knowledge in a
professional community or in a geographic
location (such as when shifts in an organization’
s needs attract additional skilled workers to an
area, who, in turn, drive a local need for new
learning institutions)
   •  Number of jobs supported in the supply or
distribution chain (such as the employment
impacts on suppliers as a result of an
organization’s growth or contraction)
Provide examples of significant negative indirect economic impacts of the organization Not Applicable
Governance
Governance structure and composition
Describe the governance structure, including committees of the highest governance body (e.g. the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc.) Refer to Sherritt's 2023 Annual Information
Form and 2024 Management Information
Circular.
2023 Annual Information Form

2024 Management Information Circular
List the committees of the highest governance body that are responsible for decision making and overseeing the management of the organization’s impacts on the economy, environment and people (e.g. Board level Environment Committee, Safety Committee, ESG Committee, Advisory Committee, etc.) The Board of Directors and the Reserves,
Operations and Capital Committee (ROC) and
the Audit Committee of the Board.
Delegation of responsibility for managing impacts
Describe whether the highest governance body has appointed any senior executives with responsibility for the management of organization’s impacts on the economy, environment and people (e.g., is it part of the Governance structure of the company, CEO's role, CFO's role, Sustanability Executive, etc.) The ROC Committee is the primary Board
committee charged with setting and monitoring
implementation of ESG priorities and approving
policies and actions identified by the ESG
sustainability steering committee and working
group. The ROC committee has assigned
accountability for the Sustainability
Framework to the CEO, the COO, the CCO and
the ESG Steering Group, which is comprised of
all executives and heads of divisions.
Describe whether the highest governance body has delegated responsibility for the management of impacts to other employees The Board of Directors delegate this
responsibility to the Sherritt Executive Team.
Policy commitments
Provide a description of the organization’s policy commitments for responsible business conduct Sherritt is committed to producing and
supplying minerals that meet industry best
practices for sustainability and human rights,
and to advancing that commitment with its
joint venture partners, subsidiaries, and their
suppliers and customers. Sherritt’s Responsible
Production and Supply Policy and Human
Rights Policy identify our commitments, and
our Mineral Supplier Code of Conduct
identifies expectations for suppliers and due
diligence processes to be followed to ensure
any human rights risks in our mineral supply
chain are identified and mitigated. Sherritt's
corporate-wide Business Ethics Policy and
Anti-Corruption Policy provide clear guidance
to our workforce on what it means to act with
integrity. These policies cover conflicts of
interest, fraud and corruption, fair dealings,
protection and proper use of the Corporation's
assets, compliance with regulatory
requirements, disclosure, confidentiality, and
reporting mechanisms available to employees
and contractors.
Governance structure and composition
Describe the composition of the highest governance body and its committees by:
Number of executive members (non-independent) 1
Number of non-executive members (non-independent) 0
Number of independent members 6
Less than 3 years of tenure of members on the governance body 4
3-6 years of tenure of members on the governance body 2
6-9 years of tenure of members on the governance body 0
More than 10 years of tenure of members on the governance body 1
Number of other significant positions and commitments held by each member, and the nature of the commitments Refer to Sherritt's 2024 Management
Information Circular.
2024 Management Information Circular
Number of Male governance body members 4
Number of Female governance body members 3
Highest Governance Body
Describe the nomination and selection processes for the highest governance body and its committees The nomination and selection processes for the
Sherritt Board of Directors and its committees
are described in Sherritt's 2024 Management
Information Circular.
2024 Management Information Circular
Do you have a diversity policy and if so, provide details, link to the policy or attach the file Sherritt established a publicly disclosed target
of at least 30% women on its Board of Directors
by 2022. The organization exceeded this target
in 2021 by 13%.
Report the criteria used for nominating and selecting highest governance body members
Discuss whether and how views of the stakeholders (including shareholders) are involved The criteria used for nominating and selecting
highest governance body members is described
in Sherritt's 2024 Management Information
Circular.
Discuss whether and how diversity is considered The criteria used for nominating and selecting
highest governance body members is described
in Sherritt's 2024 Management Information
Circular.
Discuss whether and how independence is considered The criteria used for nominating and selecting
highest governance body members is described
in Sherritt's 2024 Management Information
Circular.
Discuss whether and how competencies relevant to the impacts of the organization are considered The criteria used for nominating and selecting
highest governance body members is described
in Sherritt's 2024 Management Information
Circular.
Chair of the highest governance body
Is the chair of the highest governance body also a senior executive in the organization (non-independent) No
Conflicts of Interest
Describe the processes for the highest governance body to ensure that conflicts of interest are prevented and mitigated Sherritt's Business Ethics Policy and Anti-
Corruption Policy provide clear guidance to our
workforce on what it means to act with
integrity. These policies cover conflicts of
interest, fraud and corruption, fair dealings,
protection and proper use of the Corporation's
assets, compliance with regulatory
requirements, disclosure, confidentiality, and
reporting mechanisms available to employees
and contractors. These policies are not
available publicly but may be provided upon
request.
Are conflicts of interest disclosed to stakeholders Yes
Are there conflicts of interest related to: cross-board membership Yes
Are there conflicts of interest related to: cross-shareholding with suppliers and other stakeholders No
Are there conflicts of interest related to: existence of controlling shareholder No
Are there conflicts of interest related to: related parties, their relationships, transactions, and outstanding balances No
Collective knowledge of highest governance body
Report measures taken to advance the collective knowledge, skills and experience of the highest governance body on sustainable development. (e.g. board training) Refer to Sherritt's 2024 Management
Information Circular.
2024 Management Information Circular
Evaluation of Highest Governance Body
Describe actions taken in response to the evaluations, including changes to the composition of the highest governance body and organizational practices Refer to Sherritt's 2024 Management
Information Circular.
2024 Management Information Circular
Transparency
Describe the role of the highest governance body and of senior executives in developing, approving and updating the organization’s purpose, value or mission statements, strategies, policies and goals related to sustainable development Refer to Sherritt's 2024 Management
Information Circular.
2024 Management Information Circular
Describe the role of the highest governance body in overseeing the organization’s due diligence and other processes to identify and manage the organization’s impacts on the economy, environment and people Refer to Sherritt's 2024 Management
Information Circular.
Describe whether and how the highest governance body engages with stakeholders to support these processes No
In 2023, external stakeholder input on material
topics was not sought, however this
information may be gathered in future
reporting years.
Ethics
Ethics and Integrity
Describe how individuals can seek advice on implementing the organization’s policies and practices for responsible business conduct Sherritt has a Whistleblower Policy that
indicates that any person submitting a
reportable concern may choose to do so
anonymously and confidentially through the
Whistleblower Hotline maintained by the
Corporation's designated external service
provider. Reportable concerns may be
submitted by any of the Corporation’s
stakeholders including employees, contractors,
directors, officers, vendors, and others.
Mechanisms for individuals to seek advice on
implementing the organization's policies and
practices for responsible business conduct
include accessing Investor Relations at
investor@sherritt.com and/or through
Sherritt's Whistleblower mechanism.
Describe the mechanisms for individuals to raise concerns about the organization’s business conduct Sherritt has a Whistleblower Policy and
grievance mechanism that allow any person,
anywhere in the value chain, to submit a
reportable concern. The mechanism is
confidential, independent, easily accessible to
all community members, allows for anonymity
and does not create internal conflict of interest
or risk of retribution. The system maintained by
the Corporation’s designated external service
provider:

1. Online: https://www.clearviewconnects.
com/home
2. Skype Audio Reporting: clearview-sherritt
3. Telephone:
• Toll-free (North America): +1-866-840-8702
• Long distance: +1-416-386-5397

For concerns related to the Fort Site in Fort
Saskatchewan, Alberta, please call +1-780-
992-7000.
Reportable Concerns
Ethics - Sherritt
Compliance with laws and regulations
Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period 0
Total number of fines paid for instances of non-compliance with laws and regulations that occurred in the current reporting period 0
Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($) 0
Describe the significant instances of non-compliance Does not apply. All operations are in
compliance.
Ethics
Describe the management system and due diligence procedures for assessing and managing corruption and bribery risks internally and associated with business partners in its value chain Anti Corruption Policy
Business Ethics Policy
Report net production from activities located in the countries with the 20 lowest rankings in Transparency International’s Corruption Perception Index (CPI) (saleable tonnes, bbls, oz, lb, etc.) 0
Anti-Corruption - Sherritt
Communication and Training
Anti-corruption policies and procedures communication to direct employees by type:
Total number of the direct employees that have been communicated to on anti-corruption 70
Anti-corruption policies and procedures
communicated to 70 new employees in 2023.
Anti-corruption policies and procedures communication to business partners/suppliers:
Other persons/organization to whom the anti-corruption policies have been communicated The policies and procedures have been
communicated to the Board of Directors and
individuals who perform work for Sherritt in
previous reporting years.
Total number of governance body members that have received training on anti-corruption 0
Anti-corruption training not extended to
governance body members in 2023. Anti-
corruption training completed by 86% of
governance body members in previous years.
Total percentage of governance body members that have received training on anti-corruption, broken down by region 0.0000%
Total number and percentage of direct employees that has received training on anti-corruption, broken down by employee category and region
Total number of direct employees that received training on anti-corruption 59
Anti-corruption training provided to 59 new
employees in 2023.
Security Practices - Energas
Policy and Procedure Training
Report the percentage of security personnel (direct employees and workers who are not employees) who have received formal training in the organization’s human rights policies or specific procedures and their application to security 0.0000%
Report on whether training requirements also apply to third-party organizations providing security personnel Yes
Security Practices - Fort Site
Policy and Procedure Training
Report the percentage of security personnel (direct employees and workers who are not employees) who have received formal training in the organization’s human rights policies or specific procedures and their application to security 91.6667%
In 2022, the Fort Site secured a commitment
from their security contractor to have
consistent personnel on site and they are
increasing training two-fold toward Sherritt's
Human rights policies and commitment to the
Voluntary Principles of Human Rights.
Report on whether training requirements also apply to third-party organizations providing security personnel Yes
Security Practices - Moa Nickel
Policy and Procedure Training
Report the percentage of security personnel (direct employees and workers who are not employees) who have received formal training in the organization’s human rights policies or specific procedures and their application to security 0.0000%
Report on whether training requirements also apply to third-party organizations providing security personnel Yes
Highest Review Position
Report whether the highest governance body is responsible for reviewing and approving the reported information, including the organization’s material topics, and if so, describe the process for reviewing and approving the information The Reserves Operations and Capital
Committee of the Board of Directors reviews
and approves all reported information,
including the organization's material topics.
The process involves reviewing all draft
manuscripts and data, internal assurance
measures, and regulated disclosure topics.
Once approvals are secured by the ROC
Committee, the COO completes a final
approval in the information system.
Communication of critical concerns
Describe whether and how critical concerns are communicated to the highest governance body Critical concerns are reported through
quarterly reports.
Report the number of critical concerns that were communicated to the highest governance body during the reporting period 0
Report the nature of critical concerns that were communicated to the highest governance body during the reporting period Not applicable. No critical concerns were
communicated to the highest governance body.
Remuneration
Report which of the following remuneration policies apply to the highest governance body and senior executives:
Fixed pay Yes
Variable pay Yes
Equity-based pay Yes
Deferred and vested shares Yes
Describe how the remuneration policies for members of the highest governance body and senior executives relate to their objectives and performance in relation to the management of the organization’s impacts on the economy, environment and people Refer to Sherritt's 2024 Management
Information Circular.
2024 Management Information Circular
Do you provide incentives for the management of climate-related issues, including the attainment of targets No, and we do not plan to introduce them in the
next two years
Describe the process for designing its remuneration policies and for determining remuneration Refer to Sherritt's 2024 Management
Information Circular.
How the views of stakeholders (including shareholders) regarding remuneration are sought and taken into consideration Refer to Sherritt's 2024 Management
Information Circular.
Describe whether remuneration consultants are involved in determining remuneration and, if so, whether they are independent of the organization, its highest governance body and senior executives Independent Consultants
Independent consultants have no other
relationship to the organization.
Report the results of votes of stakeholders (including shareholders) on remuneration policies and proposals, if applicable Refer to Sherritt's 2024 Management
Information Circular.
Stakeholder Engagement
Provide a list of stakeholder groups engaged by the organization Other
Government of Canada, Cuban Government,
Cuban JV Partners, UNICEF Associations,
Investment Community, International Finance
Institutions, Insurers, Sustainability Rating
Bodies, Local Community Organizations,
Industry Associations, Employees, Contractors,
Peers, Customers.
Report the basis for identifying and selecting stakeholders with whom to engage The basis for identifying and selecting
stakeholders with whom to engage includes
dependency/interest and ability to influence.
Report the organization’s approach to stakeholder engagement, including frequency of engagement by type Consultation on economic, environmental, and
social topics is delegated to the most senior
executive responsible for that function or
activity. The resulting feedback is provided to
the Board of Directors, as applicable and
appropriate, in quarterly reports.
Anti-Competitive Behaviour
Legal Actions
Total number of legal actions pending or completed during the reporting period regarding anti-competitive behaviour and violations of anti-trust and monopoly legislation in which the organization has been identified as a participant: 0
Number of legal actions pending during the reporting period regarding anti-competitive behaviour 0
Number of legal actions completed during the reporting period regarding anti-trust behaviour 0
Main outcomes of completed legal actions, including any decisions or judgments Does not apply. No legal actions completed
during the reporting period.
Tax
Provide a description of the approach to tax, including
Does the organization have a tax strategy Yes
The governance body or the executive level position within the organization that formally reviews and approves the tax strategy The Organization's Chief Financial Officer
(CFO) has overall responsibility for the
oversight of the tax policy and operating
principles. The CFO reports to the Audit
Committee on the Organization's tax status on
an annual basis or more frequently if necessary,
including material tax issues and risks, reviews
by tax authorities, and the overall tax strategy.
The frequency of formal review and approval of the tax strategy by the governance body or executive-level position within the organization Annually
The approach to regulatory compliance a) To comply fully with all relevant laws and
regulations, giving due consideration to the
Corporation's reputation, brand and social
responsibilities when considering tax
initiatives.

b) Where tax law is unclear or subject to
interpretation, obtaining written advice or
confirmation is considered to support the
position adopted.

c) Obtaining external advice or confirmation is
considered where the financial impact is
material to the Group.
How the approach to tax is linked to the business and sustainable development strategies of the organization Linkage with regulatory compliance, business
ethics and community benefit contributions.
Provide a description of the tax governance and control framework, including
The governance body or executive-level position within the organization accountable for compliance with the tax strategy The Organization's CFO has overall
responsibility for the oversight of the tax policy
and operating principles. The governance body
is the Audit Committee of the Board of
Directors.
How the approach to tax is embedded within the organization Considerable involvement of Organization's
Tax Group in treasury, finance, legal and
operational transactions.
The approach to tax risks, including how risks are identified, managed, and monitored a) Organization maintains a low threshold for
tax risk and aims for certainty on tax positions
it adopts.            

b) Ensures that all tax positions are supported
by a strong risk assessment.
How compliance with the tax governance and control framework is evaluated The organization has an internal audit function
that evaluates and formally reports to
management and the Audit Committee on the
adequacy and effectiveness of internal controls
as specified in the approved annual internal
audit plan. Accordingly, external auditors are
engaged to conduct annual reviews of the tax
department’s compliance with the tax
governance and control framework to evaluate
performance of internal controls in all tax
procedures and processes.
Provide a description of the mechanisms for reporting concerns about unethical or unlawful behaviour and the organization’s integrity in relation to tax Sherritt has a Whistleblower Policy and
grievance mechanism that allows any person
anywhere in the value chain to submit a
reportable concern anonymously and
confidentially through the system maintained
by the Corporation's designated external
service provider. Contact details for reporting
any concerns are available at the link below.
Reportable Concerns
Provide a description of the assurance process for disclosures on tax and, if applicable, a reference to the assurance report, statement, or opinion Management is responsible for establishing and
maintaining adequate internal control over
disclosure controls and procedures, as defined
in National Instrument 52-109 of the Canadian
Securities Commission (NI 52-109). Disclosure
controls and procedures are designed to
provide reasonable assurance that all relevant
information is gathered and reported to
management, including the CEO and CFO, on a
timely basis so that appropriate decisions can
be made regarding public disclosure.
Management, with the participation of the
certifying officers, has evaluated the
effectiveness of the design and operation, as of
December 31, 2021, of the Corporation’s
disclosure controls and procedures. Based on
that evaluation, the certifying officers have
concluded that such disclosure controls and
procedures are effective and designed to
ensure that material information known by
others relating to the Corporation and its
subsidiaries is provided to them.
Describe the approach to stakeholder engagement and management of stakeholder concerns related to tax, including
The approach to engagement with tax authorities a) Undertake all dealings with tax authorities,
government officials, ministers and other third
parties in a professional, courteous and timely
manner.

b) Further, the tax function will aim to pro-
actively manage the relationship with the tax
authorities with the aim of minimizing the risk
of challenge, dispute or damage to the Group’s
reputation.  Should a dispute arise with a tax
authority as to how the Tax law should be
interpreted and applied, the Corporation's
objective is to resolve any issue promptly in a
professional manner. The tax function should
consider seeking external advice and/or
opinions where the financial impact is material
to the Group and/or there is the potential for
reputational risk to the Corporation.
The approach to public policy advocacy on tax Completed through public disclosures including
the 2023 MD&A.
2023 MD&A
This document was prepared using
, Planet Earth's complete ESG reporting solution.