Report Highlights the Company’s Commitment to Continuous
Improvement in its ESG Efforts
DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF)
(“DCM” or the “Company”), a leading provider of marketing and
business communication solutions to companies across North America,
today announced the publication of its inaugural Environmental,
Social and Governance Report (the “ESG Report”).
Four key commitments of the Company are outlined in the ESG
Report:
- Lowering greenhouse gas (GHG) emissions by establishing
science-based targets;
- Helping to create a greener planet, including through
participation in the PrintReleaf reforestation program;
- Building a more inclusive workplace and supporting communities;
and
- Improving the sustainability of DCM’s operations.
“We are proud to present our inaugural ESG Report and intend to
publish annual updates on our ESG progress going forward,” said
Richard Kellam, President & CEO of DCM. “I am pleased with the
progress we have made over the last three years developing our ESG
policy and a set of commitments to which we hold ourselves
accountable in conducting our business and serving our customers.
We recognize the importance of striving to make continuous
improvement in our ESG programs and practices and we are committed
to challenging ourselves to find new opportunities to become better
stewards of the environment, our people, our communities, and the
industries we serve.”
Additional highlights of the Company’s ESG Report, which covers
initiatives through the fiscal year ended December 31, 2023,
include:
- Establishing near-term science-based targets to reduce the
Company’s greenhouse gas emissions and receiving validation of
those targets from the Science-Based Targets initiative
(SBTi);
- Completing the planting of 716,345 trees in 2023 through DCM’s
partnership in a reforestation program with PrintReleaf 1; and
- Securing sustainability certification for seven DCM facilities
under the Sustainable Green Printing Partnership.
DCM’s inaugural ESG Report is available for download here:
DCM ESG Report
Since commencing its PrintReleaf reforestation initiative almost
two years ago, DCM has now completed the planting of more than two
million trees.
About DATA Communications Management Corp.
DCM is a marketing and business communications partner that
helps companies simplify the complex ways they communicate and
operate, so they can accomplish more with fewer steps and less
effort. DCM serves major brands in vertical markets including
financial services, retail, healthcare, energy, other regulated
industries, and the public sector. We integrate seamlessly into our
clients’ businesses thanks to our deep understanding of their
needs, transformative tech-enabled solutions, and end-to-end
service offering. Whether we’re running technology platforms,
sending marketing messages, or managing print workflows, our goal
is to make everything surprisingly simple.
Additional information relating to DATA Communications
Management Corp. is available on www.datacm.com, and in the
disclosure documents filed by DATA Communications Management Corp.
on SEDAR+ at www.sedarplus.ca.
FORWARD-LOOKING STATEMENTS
Certain statements in this press release and DCM’s 2023 ESG
Report (the “Associated Report”) constitute “forward-looking”
statements that involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance,
objectives or achievements of DCM, or industry results, to be
materially different from any future results, performance,
objectives or achievements expressed or implied by such
forward-looking statements. Forward-looking statements in this
press release and Associated Report include, but are not limited
to, statements regarding DCM’s approach to managing ESG matters,
and DCM’s sustainability-related objectives, vision, commitments,
goals, metrics, and targets, including DCM’s greenhouse gas
emissions reduction targets.
When used in this press release and Associated Report, words
such as “may”, “would”, “could”, “will”, “expect”, “anticipate”,
“estimate”, “believe”, “intend”, “plan”, and other similar
expressions are intended to identify forward-looking statements.
These statements reflect DCM’s current views regarding future
events and operating performance, are based on information
currently available to DCM, and speak only as of the date of this
press release and Associated Report.
These forward-looking statements involve a number of risks,
uncertainties, and assumptions. They should not be read as
guarantees of future performance or results and will not
necessarily be accurate indications of whether or not such
performance or results will be achieved. Many factors could cause
the actual results, performance, objectives or achievements of DCM
to be materially different from any future results, performance,
objectives or achievements that may be expressed or implied by such
forward-looking statements. With respect to DCM’s ESG and
sustainability-related goals, such factors include, but are not
limited to, the absence of standardized methodologies for
classifying sustainability-related terms (including in their
meaning and scope), the absence of standardized methodologies for
classifying sustainability-related activities or for evaluating
their impact, and the availability of comprehensive and
high-quality data (including climate-related data, diversity
metrics, social indicators, and data from third-parties on whom DCM
may be required to rely for information). We caution readers of
this press release and Associated Report not to place undue
reliance on our forward-looking statements since a number of
factors could cause actual future results, conditions, actions, or
events to differ materially from the targets, expectations,
estimates or intentions expressed in these forward-looking
statements.
Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking statements
prove incorrect, actual results may vary materially from those
described in this press release and Associated Report as intended,
planned, anticipated, believed, estimated or expected. Unless
required by applicable securities law, DCM does not intend and does
not assume any obligation to update these forward-looking
statements.
Additional Caution Regarding Sustainability-Related
Disclosures
DCM also cautions readers of the following regarding the
sustainability-related disclosures included in this press release
and Associated Report:
The terms “ESG” and “sustainability” and similar terms,
taxonomies, methodologies, criteria and standards are evolving in
terms of both meaning and scope. DCM’s use of such terms may vary
over time to reflect this evolution. Any use of such terms in this
press release and Associated Report are intended as references to
DCM’s internally defined criteria and not to any
jurisdiction-specific regulatory definitions or voluntary standard
that may exist.
There could be changes to the market practices, taxonomies,
methodologies, criteria and standards that regulators,
non-governmental bodies, civil society, DCM and its suppliers and
clients use to classify, measure, determine the eligibility of,
report on and verify environmental and social activities for
inclusion toward DCM’s sustainability-related goals, or to evaluate
the impacts of such activities. DCM may update its
sustainability-related goals, its progress towards those goals, and
the eligibility of certain activities, as appropriate, in light of
new and evolving market practices, taxonomies, methodologies,
criteria, and standards.
In making and implementing its sustainability-related goals, DCM
must rely on data obtained from third-party sources. DCM’s use of
third-party data must not be taken as an endorsement of the
third-party or its data or be construed as granting any form of
intellectual property. Although DCM believes these sources are
reliable, DCM has not independently verified any third-party data
or assessed the assumptions underlying such data and cannot
guarantee the accuracy of such third-party data or assumptions. The
data used by DCM in connection with its sustainability-related
goals may be limited in quality, unavailable, or inconsistent.
Certain third-party data may also change over time as market
practices, taxonomies, methodologies, criteria and standards
evolve. These factors and related uncertainties could have a
material effect on DCM’s sustainability-related goals and DCM’s
ability to meet them.
DCM may need to or elect to purchase carbon and clean energy
instruments, including carbon offset and removal credits and
renewable energy credits, to meet sustainability-related goals. The
market for these instruments is still developing and their
availability may be limited. Some of these instruments are also
subject to the risk of invalidation or reversal, and DCM provides
no assurance of the treatment of any such instruments in the
future. There may also be changes to applicable regulations and
standards that impact the market for carbon and clean energy
instruments. The maturity, liquidity and economics of this market
may make it more difficult for DCM to achieve its
sustainability-related goals.
The information contained in this press release and Associated
Report is unaudited and was not subject to any assurance
engagement.
Additional Disclaimers
This press release and Associated Report is intended to provide
information from a different perspective and in more detail than is
required by DCM to be included in mandatory securities filings. The
information contained in this press release and Associated Report
should not be read as necessarily rising to a level of materiality
of disclosure required in DCM’s securities law filings, and the use
of terms such as “important”, “significant”, or similar words and
phrases should also not be read as necessarily rising to the level
of materiality for securities or other regulatory filings.
This press release and Associated Report should not be used as a
basis for trading in securities of DCM or for any other investment
decision. This press release and Associated Report is not intended
to constitute financial, legal, tax, investment, professional or
expert advice. No representation or warranty, express or implied,
is or will be made in relation to the accuracy, reliability or
completeness of the information contained in this press release and
Associated Report.
This press release and Associated Report may provide addresses
of, or contain hyperlinks to, websites that are not owned or
controlled by DCM. Each such address or hyperlink is provided
solely for convenience and the content of linked third-party
websites is not in any way included or incorporated by reference
into this press release and Associated Report. DCM takes no
responsibility for such websites or their content, or for any loss
or damage that may arise from their use. If you decide to access
any of the third-party websites linked to in this press release and
Associated Report, you do so at your own risk and subject to the
terms and conditions of such websites.
1 Data on the number of trees planted in our reforestation
program was provided by PrintReleaf and is current as of December
31, 2023 in respect of 2023 data, and as of October 17, 2024 in
respect of our lifetime impact statement.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20241017024069/en/
For further information, contact
Mr. Richard Kellam President and Chief Executive Officer DATA
Communications Management Corp. Tel: (905) 791-3151
Mr. James E. Lorimer Chief Financial Officer DATA Communications
Management Corp. Tel: (905) 791-3151 ir@datacm.com
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