SHERWOOD PARK, AB, June 8, 2021 /CNW/ - (TSXV: VTX) - Vertex
Resource Group Ltd. ("Vertex" or the "Company") is pleased to
announce the release of its inaugural ESG report, as part of its
ongoing corporate commitment to sustainability.
The ESG report details the Company's key metrics and
achievements from 2018 to 2020 and outlines the foundation for our
sustainability strategy and commitments for the future.
A distinctive aspect of this report is the Company's commitment
to both supply chain and internal ESG metrics with goals to target
internal improvements, while expanding to better serve the ESG
needs of its customers. This ESG report demonstrates the Company's
commitment to creating business resiliency by becoming a primary
source of executable ESG-aligned supply chain solutions for its
customers.
"We are excited to release our inaugural ESG report and share
our sustainability progress as an organization," said Terry Stephenson, President of Vertex. "For
almost 60 years, Vertex has been providing environmental solutions
for our customers while ensuring the safety and economic well-being
of our employees and the communities we operate and live within. We
will continue to enhance and further integrate sustainability
elements into our business strategy to ensure future success for
our shareholders, customers, Indigenous partners and
employees."
Key highlights from Vertex's reported results include:
2020 SUPPLY CHAIN ESG HIGHLIGHTS:
- 100,000 hours of sustainable development support in 2020
- Client emission reduction support equal to 134% of Vertex's
Scope 1 & 2 Emissions
- 10% of total revenue or $13.7M
through Indigenous relationships
- 81.2% of client waste managed was recycled
2020 INTERNAL ESG HIGHLIGHTS:
- Total Recordable Incident Frequency (TRIF) of 0.67
- 46% of professional consulting roles and 30% of senior
management roles were filled by women
- 10% of labour force self-identifies as Indigenous
- $0.9M invested in sustainable
innovations
The full report is available at: www.vertex.ca
ABOUT VERTEX
Headquartered in Sherwood Park,
Alberta, Vertex employs a staff of approximately 700
full-time and contract personnel that provide environmental
services across North America.
Vertex is a leading provider of environmental solutions, a unique
combination of environmental consulting and environmental field
services and equipment. Vertex's integrated environmental solutions
support asset development, operations, decommissioning, and
restoration for customers in five North American sectors: Oil and
gas, Mining and Industrial, Utilities, Agriculture & Forestry,
and Government. Established in 1962, the company combines almost 60
years of experience with an innovative, modern approach to provide
versatile, expert solutions to the market.
FORWARD-LOOKING INFORMATION
This news release contains forward-looking statements
regarding the initiatives and projects described above.
Forward-looking statements also include any other statements that
do not refer to historical facts. By their nature,
forward-looking statements are based on assumptions and subject to
inherent risks and uncertainties. There is a risk that the
initiatives and projects described above may be delayed, cancelled,
suspended, or terminated. This could cause future results to differ
materially from the forward-looking statements made in this news
release. Except as required by law, Vertex undertakes no obligation
to publicly update or revise any forward-looking statements.
Forward-looking statements are provided herein for the purpose of
giving information about the initiatives and projects referred to
above and their expected impact. Readers are cautioned that such
information may not be appropriate for other purposes.
SOURCE Vertex Resource Group Ltd.