Algoma Central Corp 2021 AR2
The report highlights Algoma Central Corporation's financial and operational performance for the fiscal year 2021, showcasing record earnings driven by global economic recovery and strong market demand. The company achieved its lowest number of lost time injuries in history, representing a 48% reduction compared to 2020. Algoma continued its fleet renewal program with the delivery of its tenth Equinox-Class vessel, the Captain Henry Jackman, which is 40% more efficient than older assets. Additionally, the company made progress on its decarbonization goals, achieving an 18% reduction in greenhouse gas emissions intensity within its domestic dry-bulk fleet compared to 2008.
Company: Algoma Central Corp
Sector: Transport & logistics
Country: Canada
Year: 2021
Type: AR2
Pages: 100
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Algoma Central Corp
Annual Report
The report highlights Algoma Central Corporation's financial and operational performance for the fiscal year 2021, showcasing record earnings driven by global economic recovery and strong market demand. The company achieved its lowest number of lost time injuries in history, representing a 48% reduction compared to 2020. Algoma continued its fleet renewal program with the delivery of its tenth Equinox-Class vessel, the Captain Henry Jackman, which is 40% more efficient than older assets. Additionally, the company made progress on its decarbonization goals, achieving an 18% reduction in greenhouse gas emissions intensity within its domestic dry-bulk fleet compared to 2008.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Feb 25, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees