Black Diamond Group Limited (“
Black Diamond” or
the "
Company”) (TSX: BDI), a leading provider of
space rental and workforce accommodation, today released its 2023
Corporate Responsibility Report. Building off the inaugural report
last year, the publication details the Company’s commitment to
environmental, social and governance issues and is a key component
to how the Company continues To Create a Better Way and
deliver value for its shareholders, stakeholders and team members
alike.
“As we publish our 2023 Corporate Responsibility
Report, during our 20th year in business I am proud of the legacy
we have built as a Company,” said Trevor Haynes, Chairman &
CEO. “At Black Diamond, we believe strong governance, environmental
stewardship and most importantly, a culture of integrity,
diversity, and high performance, are foundational building blocks
to the growth and continued success of our Company, and it is
through this lens that we operate every day.”
Black Diamond’s Environment, Social and
Governance (ESG) Program focuses on the key strategies and
initiatives designed to support sustainability, and this year’s
report highlights our commitment to our team, customers, partners,
communities, and stakeholders across the three pillars of our ESG
framework.
The report outlines our emissions intensity
reduction target of 40% by 2030 and highlights other key
initiatives that support our approach to workplace health and
safety, being responsible stewards of the environment, fostering
meaningful Indigenous relations and investing in the communities
where we operate, while ensuring a culture of integrity, inclusion,
and diversity.
“Within the report, you’ll see how we as a
business – a collective of people working together with positive
intent and common goals – approach the responsibility we share,”
said Trevor Haynes, Chairman & CEO.
Effectively managing our ESG Program with the
same rigour and accountability that we manage all facets of our
Black Diamond businesses will ensure we make a meaningful
difference, while achieving a competitive advantage and leading to
continued growth and profitability.
Black Diamond’s Corporate Responsibility Report
is guided by The Sustainability Accounting Standards Board, or
SASB, Standards and Black Diamond is most appropriately situated
within the Engineering & Construction Services Industry. The
Company also reports additional sustainability metrics given our
robust and unique approach to social responsibility and community
engagement.
To view Black Diamond’s Corporate Responsibility Report, visit
this link: https://www.blackdiamondgroup.com/responsibility/
About Black
Diamond Group
Black Diamond is a specialty rentals and
industrial services Company with two operating business units -
Modular Space Solutions (MSS) and Workforce Solutions (WFS). We
operate in Canada, the United States, and Australia.
MSS through its principal brands, BOXX Modular,
Britco, MPA, Schiavi and CL Martin, owns a large rental fleet of
modular buildings of various types and sizes. Its network of local
branches rent, sell, service, and provide ancillary products and
services to a diverse customer base in the construction,
industrial, education, financial, and government sectors.
WFS, through its principal brands, Black Diamond
Camps and Black Diamond Energy Services, owns a large rental fleet
of modular accommodation assets of all types and sizes. Its
regional operating terminals rent, sell, service, and provide
ancillary products and services including turn-key operated camps
to a wide array of customers in the resource, infrastructure,
construction, disaster recovery, and education sectors.
The WFS business unit also includes the
Company’s wholly owned subsidiary, LodgeLink, which operates a
digital marketplace for business-to-business crew accommodation,
travel, and logistics in North America. The LodgeLink proprietary
digital platform enables customers to efficiently find, book, and
manage their crew travel and accommodation needs through a rapidly
growing network of hotel, remote lodge, and travel partners.
LodgeLink exists to solve the unique challenges associated with
crew travel and applies technology to eliminate inefficiencies at
every step of the crew travel process from booking, to management,
to payments, to cost reporting.
Learn more
at www.blackdiamondgroup.com.
For investor inquiries please contact Jason
Zhang at 403-206-4739 or investor@blackdiamondgroup.com.
For media inquiries, please contact Emma
Covenden at 403-718-5062 or media@blackdiamondgroup.com.
Cautionary Note
Regarding Forward-Looking Statements
Certain information set forth in this news
release contains forward-looking statements. Although Black Diamond
believes that the expectations reflected in the forward-looking
statements contained in this news release, and the assumptions on
which such forward-looking statements are made are reasonable,
there can be no assurances that such expectations or assumptions
will prove to be correct. Readers are cautioned that assumptions
used in the preparation of such statements may prove to be
incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties and other factors, many of
which are beyond the control of Black Diamond. These risks include,
but are not limited to: the impact of general economic conditions,
industry conditions, fluctuation of commodity prices, the Company's
ability to attract new customers, failure of counterparties to
perform on contracts, industry competition, availability of
qualified personnel and management, timely and cost effective
access to sufficient capital from internal and external sources,
political conditions, dependence on suppliers and stock market
volatility. The risks outlined above should not be construed as
exhaustive. Additional information on these and other factors that
could affect Black Diamond's operations and financial results are
included in Black Diamond's annual information form for the year
ended December 31, 2022 and other reports on file with the Canadian
Securities Regulatory Authorities which can be accessed on SEDAR.
Readers are cautioned not to place undue reliance on these
forward-looking statements. Furthermore, the forward-looking
statements contained in this news release are made as at the date
of this news release and Black Diamond does not undertake any
obligation to update or revise any of the forward-looking
statements, except as may be required by applicable securities
laws.
Black Diamond (TSX:BDI)
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