Khiron Publishes Inaugural 2020 ESG Report, Demonstrating Commitment to Sustainability and Continued Market Leadership

CANNANNEW REPORT

Showcasing the Company’s commitment to improving environmental practices, along with the lives of patients, employees, local communities, shareholders and other stakeholders, the report outlines actions and initiatives undertaken in 2020 to strengthen ESG practices throughout the Company’s operations and supply chain, along with Khiron’s goals for 2021 and 2022.  The report adheres to Global Reporting Initiative (GRI) Standards and reflects the alignment of the Company’s goals with the United Nations Sustainable Development Goals. A full copy of the report is available here. “At Khiron, sustainability is embedded in our DNA, with the common belief that strong ESG policies improve performance, loyalty, and innovation, while reducing corporate risks and capital costs. Our inaugural ESG report demonstrates our dedication to strong environmental, social and governance principles as we deliver on our Mission of improving lives through cannabis. I am proud of how our team rose to the challenges of 2020, achieving incredible milestones in an unprecedented year,” comments Alvaro Torres, CEO and Director. Alvaro Torres, continues, “Increasingly, institutional investors are using ESG principles to guide investment decisions, and as one of the first global cannabis companies to publish an ESG report, we have achieved another corporate milestone that distinguishes us as an industry leader and market disruptor. We have set ambitious ESG goals for the next two years and I am confident our team will deliver on these objectives.” 2020 ESG Highlights Conducted initial identification and assessment of material environmental, social, economic and governance issues, resulting in the identification and prioritization of 10 overarching goals in alignment with United Nations Sustainable Development Goals. Identified eight key stakeholder groups impacted or influenced by the Company, including shareholders, employees, patients, clients, local communities, the environment, suppliers, and government. Commissioned solar park to reduce energy consumption at production facility by up to 40%, while implementing initiatives to…

Excerpt only …
READ MORE BELOW
Source : Khiron Publishes Inaugural 2020 ESG Report, Demonstrating Commitment to Sustainability and Continued Market Leadership

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.