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Ellis Martin Report – “Kodiak Copper Becomes Carbon Neutral Exploration Company? (Audio)

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Ellis Martin Report – “Kodiak Copper Becomes Carbon Neutral Exploration Company? (Audio)

 

 

 

 

 

In this segment of The Ellis Martin Report we speak with Claudia Tornquist, CEO of Kodiak Copper Corp (TSX-V:KDK) (OTC:KDKCF) as the company becomes a carbon neutral exploration company. Kodiak Becomes Carbon Neutral Exploration Company

 

Kodiak Copper Corp announces the Company has become carbon neutral in 2022 through the purchase of carbon offsets from the Great Bear Forest Carbon Project. In addition to purchasing offsets, Kodiak has committed to decreasing its carbon emissions by 20% per metre drilled by 2030 through the implementation of a carbon reduction strategy.

 

Claudia Tornquist, President and CEO of Kodiak said, “Kodiak’s business is the responsible and sustainable exploration of copper, a material absolutely essential for the energy transition and a low carbon future.

 

Achieving carbon neutrality is part of our Company’s ESG strategy to generate value and reduce risks through environmental, social and governance best practices. I am delighted we were able to purchase carbon offsets from the Great Bear Forest Carbon Project, an indigenous-led initiative that improves the management of sensitive ecosystems in British Columbia where Kodiak’s MPD copper-gold project is located. Our 2023 exploration program at MPD is progressing well and we will provide an update and the next batch of drill results soon.”

 

Kodiak’s first annual greenhouse gas emission assessment in 2022 was conducted independently by Synergy Enterprises. The Company generated 449 tonnes of carbon equivalent greenhouse gas emissions, primarily from the 26,103 metre drill program at the MPD copper-gold porphyry project in southern British Columbia. Carbon offsets were purchased from the Great Bear Forest Carbon Project, an initiative which generates emission reductions by protecting forest areas in British Columbia previously designated, sanctioned or approved for commercial logging. It is a landmark project for balancing human well-being and ecological integrity through carbon finance and is the first carbon project in North America on traditional territory with unextinguished Aboriginal Rights and Title. Funds from the sales of the carbon offsets go towards creating jobs within First Nations’ Communities.

 

www.kodiakcoppercorp.com

 

Courtesy of the Ellis Martin Report

 

Posted June 5, 2023

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