{"id":741082,"date":"2023-03-20T06:03:10","date_gmt":"2023-03-20T10:03:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/li-cycle-releases-interim-environmental-social-and-governance-esg-report\/"},"modified":"2023-03-20T06:03:10","modified_gmt":"2023-03-20T10:03:10","slug":"li-cycle-releases-interim-environmental-social-and-governance-esg-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/li-cycle-releases-interim-environmental-social-and-governance-esg-report\/","title":{"rendered":"Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report<\/b><\/p>\n<p class=\"bwalignc\"><i>Report highlights key accomplishments in 2022 and Li-Cycle\u2019s comprehensive ESG approach, strategy and roadmap<\/i><\/p>\n<p>TORONTO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fli-cycle.com%2F&amp;esheet=53363965&amp;newsitemid=20230320005107&amp;lan=en-US&amp;anchor=Li-Cycle+Holdings+Corp.&amp;index=1&amp;md5=89c5dad8984bf77260cdc40fc0924a5d\">Li-Cycle Holdings Corp.<\/a> (NYSE: LICY) (\u201cLi-Cycle\u201d or the \u201cCompany\u201d), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce the publication of its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fli-cycle.com%2Fsustainability%2F&amp;esheet=53363965&amp;newsitemid=20230320005107&amp;lan=en-US&amp;anchor=2022+Interim+Environmental%2C+Social%2C+and+Governance+%28ESG%29+Report&amp;index=2&amp;md5=8fc8544a1c8ed17a2cfc79c17226fd12\">2022 Interim Environmental, Social, and Governance (ESG) Report<\/a> (the \u201c2022 Interim ESG Report\u201d).\n<\/p>\n<p>\nThe 2022 Interim ESG Report provides key insights into the integration of ESG across Li-Cycle\u2019s business, how ESG shapes the Company\u2019s relationships with its key stakeholders, and how Li-Cycle is benchmarking its ESG standards against widely accepted ESG frameworks. These frameworks include the International Financial Reporting Standards (IFRS) Foundation\u2019s Sustainable Accounting Standards Board (SASB) Waste Management Standard, as well as the United Nations Sustainable Development Goals (UN SDGs). Li-Cycle\u2019s first full ESG report, which will include the Company\u2019s ESG performance from its 2023 financial year, is expected to be fully compliant with SASB Standards. Li-Cycle expects to achieve alignment with the Financial Stability Board\u2019s Task Force on Climate-Related Financial Disclosures (TCFD) in 2025.\n<\/p>\n<p>\n\u201cSustainability is core to Li-Cycle\u2019s DNA and our business is deeply rooted in prioritizing environmental stewardship, social responsibility, and corporate governance. Our ongoing commitment to ESG is at the heart of our business strategy and vision to create a greener supply of battery-grade materials to support the clean energy transition ethically, responsibly and sustainably,\u201d said Tim Johnston, co-founder and Executive Chairman of Li-Cycle. \u201cOur ESG strategy and approach is reflected in the solid foundation of policies and processes we have established at Li-Cycle. We are also committed to continuing to advance our strong ESG performance to deliver value for all our stakeholders.\u201d\n<\/p>\n<p>\nTo access the 2022 Interim ESG report, please visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fli-cycle.com%2Fsustainability%2F&amp;esheet=53363965&amp;newsitemid=20230320005107&amp;lan=en-US&amp;anchor=https%3A%2F%2Fli-cycle.com%2Fsustainability%2F&amp;index=3&amp;md5=a1b328f1f8b36b2cf3ecf067a9c806c1\"><b>https:\/\/li-cycle.com\/sustainability\/<\/b><\/a>.\n<\/p>\n<p><b>2022 Interim ESG Report Highlights:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nConducted our first formal materiality assessment to ensure our ESG strategy incorporated input from our key internal and external stakeholders;\n<\/li>\n<li>\nIn line with eight UN SDGs, Li-Cycle continued to make progress and positive contributions towards solutions across environmental stewardship, health and safety, diversity and inclusion, community engagement, and good governance;\n<\/li>\n<li>\nDemonstrated our commitment to operational excellence by establishing a strong foundation of environmental, health, safety and quality management systems, including Environmental Management (ISO 14001), Occupational Health and Safety (ISO 45001), Quality Management (ISO 9001) and Response Recycling (R2) certifications;\n<\/li>\n<li>\nDemonstrated through life-cycle analysis that, compared to traditional mining and refining, Li-Cycle\u2019s vertically integrated approach and innovative recycling technologies can, on a per tonne of battery input basis, provide emission reduction benefits of up to approximately 67% for carbon dioxide (CO<sub>2<\/sub>), 86% for sulfur oxides (SOx), and 89% for nitrous oxides (NOx), and reduce water usage by up to 97%; and\n<\/li>\n<li>\nEstablished strong health and safety, environmental, ethical and governance standards across the Company.\n<\/li>\n<\/ul>\n<p><b>Li-Cycle\u2019s Comprehensive ESG Strategy and Roadmap:<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nCompany-wide commitment to ESG and sustainability, embedded in the Company\u2019s core values and policies and championed by Li-Cycle leadership.\n<\/li>\n<li>\nRobust ESG management and corporate governance framework to ensure oversight and accountability of ESG.\n<\/li>\n<li>\nClearly define and establish key performance indicators to enable Li-Cycle to track and manage its ESG performance and support its ESG reporting.\n<\/li>\n<li>\nCommitment to set goals driven by Li-Cycle\u2019s ESG priorities, regulations and industry best practices.\n<\/li>\n<li>\nAn overriding commitment to continue evolving and improving Li-Cycle\u2019s performance and approach to ESG and sustainability.\n<\/li>\n<\/ul>\n<p><b>About Li-Cycle Holdings Corp.<\/b><\/p>\n<p>\nLi-Cycle (NYSE: LICY) is on a mission to leverage its innovative Spoke &amp; Hub Technologies\u2122 to provide a customer-centric, end-of-life solution for lithium-ion batteries, while creating a secondary supply of battery-grade materials. Lithium-ion rechargeable batteries are increasingly powering our world in automotive, energy storage, consumer electronics, and other industrial and household applications. The world needs improved technology and supply chain innovations to better manage battery manufacturing waste and end-of-life batteries and to meet the rapidly growing demand for critical and scarce battery-grade raw materials through a closed-loop solution. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fli-cycle.com%2F&amp;esheet=53363965&amp;newsitemid=20230320005107&amp;lan=en-US&amp;anchor=https%3A%2F%2Fli-cycle.com%2F&amp;index=4&amp;md5=75f8f1e571ce2d35e7dda71265d8e22c\">https:\/\/li-cycle.com\/<\/a>.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p><b>Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n<p><i>Certain statements contained in this press release may be considered \u201cforward-looking statements\u201d within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, Section 21 of the U.S. Securities Exchange Act of 1934, as amended, and applicable Canadian securities laws. Forward-looking statements may generally be identified by the use of words such as \u201cbelieve\u201d, \u201cmay\u201d, \u201cwill\u201d, \u201ccontinue\u201d, \u201canticipate\u201d, \u201cintend\u201d, \u201cexpect\u201d, \u201cshould\u201d, \u201cwould\u201d, \u201ccould\u201d, \u201cplan\u201d, \u201cpotential\u201d, \u201cfuture\u201d, \u201ctarget\u201d or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such identifying words. Forward-looking statements in this press release include but are not limited to statements regarding <\/i><i>Li-Cycle\u2019s expectation to publish its <\/i><i>first full ESG report in compliance with SASB Standards in 2024, and Li-<\/i><i>Cycle\u2019s expectation to achieve alignment with the TCFD in 2025. <\/i><i>These statements are based on various assumptions, whether or not identified in this press release, made by Li-Cycle management. There can be no assurance that such assumptions will prove to be correct and, as a result, actual results or events may differ materially from expectations expressed in or implied by the forward-looking statements.<\/i><\/p>\n<p><i>Forward-looking statements involve inherent risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Li-Cycle and are not guarantees of future performance.<\/i><\/p>\n<p><i>Li-Cycle identifies the principal risks and uncertainties that affect its performance and the assumptions upon which the forward-looking information is based in the sections entitled \u201cItem 3D. Risk Factors\u201d and \u201cItem 5. Operating and Financial Review and Prospects\u2014Key Factors Affecting Li-Cycle\u2019s Performance\u201d and elsewhere in its Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission and the Ontario Securities Commission in Canada on February 6, 2023.<\/i><\/p>\n<p><i>Li-Cycle assumes no obligation to update or revise any forward-looking statements, except as required by applicable law. These forward-looking statements should not be relied upon as representing Li-Cycle\u2019s assessment as of any date subsequent to the date of this press release.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230320005107r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230320005107\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230320005107\/en\/<\/a><\/span><\/p>\n<p><span class=\"bwuline\">Investor Relations<br \/>\n<\/span><br \/>Nahla A. Azmy<br \/>\n<br \/>Sheldon D\u2019souza<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:investors@li-cycle.com\">investors@li-cycle.com<br \/>\n<\/a><\/p>\n<p><span class=\"bwuline\">Media<br \/>\n<\/span><br \/>Louie Diaz<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@li-cycle.com\">media@li-cycle.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> EV\/Electric Vehicles Professional Services Sustainability Batteries Alternative Energy Energy Technology Automotive Environment Engineering Environmental, Social and Governance (ESG) Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230320005107\/en\/1741626\/3\/Li-Cycle_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report Report highlights key accomplishments in 2022 and Li-Cycle\u2019s comprehensive ESG approach, strategy and roadmap TORONTO&#8211;(BUSINESS WIRE)&#8211;Li-Cycle Holdings Corp. (NYSE: LICY) (\u201cLi-Cycle\u201d or the \u201cCompany\u201d), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce the publication of its 2022 Interim Environmental, Social, and Governance (ESG) Report (the \u201c2022 Interim ESG Report\u201d). The 2022 Interim ESG Report provides key insights into the integration of ESG across Li-Cycle\u2019s business, how ESG shapes the Company\u2019s relationships with its key stakeholders, and how Li-Cycle is benchmarking its ESG standards against widely accepted ESG frameworks. These frameworks include the International Financial Reporting Standards (IFRS) Foundation\u2019s &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/li-cycle-releases-interim-environmental-social-and-governance-esg-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741082","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/li-cycle-releases-interim-environmental-social-and-governance-esg-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report Report highlights key accomplishments in 2022 and Li-Cycle\u2019s comprehensive ESG approach, strategy and roadmap TORONTO&#8211;(BUSINESS WIRE)&#8211;Li-Cycle Holdings Corp. (NYSE: LICY) (\u201cLi-Cycle\u201d or the \u201cCompany\u201d), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce the publication of its 2022 Interim Environmental, Social, and Governance (ESG) Report (the \u201c2022 Interim ESG Report\u201d). The 2022 Interim ESG Report provides key insights into the integration of ESG across Li-Cycle\u2019s business, how ESG shapes the Company\u2019s relationships with its key stakeholders, and how Li-Cycle is benchmarking its ESG standards against widely accepted ESG frameworks. 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(NYSE: LICY) (\u201cLi-Cycle\u201d or the \u201cCompany\u201d), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce the publication of its 2022 Interim Environmental, Social, and Governance (ESG) Report (the \u201c2022 Interim ESG Report\u201d). The 2022 Interim ESG Report provides key insights into the integration of ESG across Li-Cycle\u2019s business, how ESG shapes the Company\u2019s relationships with its key stakeholders, and how Li-Cycle is benchmarking its ESG standards against widely accepted ESG frameworks. 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