At Samuel, we are working towards being a world-class industrial products company and an exceptional place to work. To achieve that goal, we know we have to grow and evolve our ESG commitments. While not required for private companies like Samuel, our Environmental, Social and Governance Report signifies our commitment and accountability to environmental sustainability, our team members and the communities in which we operate.


In 2022, Samuel...



Recycling 73,000 tonnes of metal. 


Cumulatively reduced our energy consumption intensity by 6% since 2021*

*Data based on the 24 sites monitored for our sustainability-linked loan which represents 81% of both the company’s total energy consumption (kWh) and GHG emissions (lbs. CO2e).


We committed to a new type of lending agreement with our banking partners that requires us to meet pre-determined sustainability targets. These include a 10% cumulative reduction in energy consumption intensity and a 7.75% cumulative reduction in GHG emission intensity by 2025. 


We now have a dedicated Vice President, Environmental Health, Safety, and Sustainability to ensure we continue to make progress on our environmental goals. These include:


Annual cumulative reductions goals compared to 2020:

7% in 2023

6.25% in 2024

7.75% in 2025

Annual cumulative reductions goals compared to 2020:

5% in 2023

8.5% in 2024

10% in 2025  

Goal: Establish formal plans to reduce water consumption and waste in 2023.  


2022 By the Numbers

charities supported in Canada, the US and Mexico.

donated to not-for-profit and community-based organizations across North America*

DART rate. We achieved 0 DART at more than 66% of our locations.

We donate more than $600,000 per year, across Canada, the US and Mexico, to support charities in the communities where we operate.

Our employee engagement survey revealed that we have increased engagement by 5% since our last check-in, placing us above the benchmark for organizations of our size and scope.

Our Team Member-Led Corporate Giving Program

At Samuel, we’re committed to supporting causes that matter to our team members at a national, regional and local level. In 2021, this inspired us to introduce the Samuel Communities program, a key component of our charitable giving, which invites team members throughout Samuel to nominate a charity of their choice to receive support from the company. 


Governance – we strive to operate responsibly, ethically and transparently, every day, earning the trust of our team members, communities and customers, mitigating risk and ensuring business resilience. When developing our governance model, which is based on public company best practices, we considered the complexity of Samuel’s business, the materiality of our investments and the size of our portfolio.

Ethics & Compliance – our team members and representatives must complete annual training and affirm their commitment to our Code of Conduct, which sets clear expectations about business conduct and decision-making.

Policies – our policies help guide our team members’ actions in the areas of business ethics, compliance with the law, human rights and financial reporting. We recently updated our Procurement Terms and Conditions and Supplier Code of Conduct to include specific expectations regarding ESG-related matters.

Management – our Management Committee, Board of Directors and overarching management systems ensure sound oversight of Samuel’s daily operations, future direction, enterprise risk management, financial management and long-term strategy. As a result of their hard work and dedication, we have been named one of Canada’s Best Managed Companies for several consecutive years.

Business Resilience – Samuel ensures business resilience and the achievement of our strategic objectives by continually assessing and mitigating potential risks, enabling agile decision-making and monitoring key performance indicators.


Read more about our Environmental, Social and Governance programs and goals in our latest report.


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