The Doe Run Company Publishes 11th Annual Sustainability Report
The Doe Run Company (Doe Run) released its most recent sustainability report, available at sustainability.doerun.com. The company reports annually to share progress on its environmental performance, workforce safety and community engagement commitments.
“Our sustainability report is an important way for us to keep all our stakeholders – including our neighbors, customers, elected officials, employees and retirees – informed on the state of our business and our outlook for the future,” said Jerry Pyatt, Doe Run president and CEO. “As a major employer in Southeast Missouri, it’s important that we are a sustainable company, so we can support our local economy and communities for many years to come.”
Doe Run’s 11th sustainability report provides updates on the company’s efforts to meet its commitments to employees, the environment, the community and the local economy:
Workplace safety continues to be a top priority for Doe Run. Companywide, employees completed approximately 15,000 hours of environmental, health and safety training in 2019. This focus on safety helped several locations achieve significant safety milestones, with no lost-time accidents in 23 years at Sweetwater Mill, 16 years aboveground at Sweetwater Mine, 14 years at the SEMO port and 13 years at Brushy Creek Mill.
Over the past 10 years, Doe Run invested more than $580 million on environmental projects, including more than $108 million dedicated to remediation projects to restore former mine sites.
Doe Run also has invested more than $2 million in its neighboring communities over the past 10 years. In 2019, the company donated nearly $33,000 to support STEM programs and scholarships for local elementary through college-level students.
Doe Run contributes $1.2 billion in annual economic impact to Missouri, including spending $169 million with 665 Missouri businesses in 2019.
“The global pandemic, coupled with a period of low lead prices, presented new challenges for the economy and our industry this year,” said Pyatt. “However, we know lead will continue to be in high demand, so we are making strategic decisions today to ensure Doe Run can continue to supply the global market and support our local economy.”
Even during the pandemic challenges, metal mining and recycling are considered essential industries because of their important role in supporting the manufacturing of lead batteries. Lead batteries are critical for vital communications and logistical networks that fuel the economy. They also start cars and trucks, support backup power systems in an emergency, and store energy for renewable energy, like wind and solar farms.
The lead battery industry, including Doe Run, will play a major role in solving the energy storage challenges of the future. In fact, the current market for all energy storage batteries is expected to more than double by 2030. Most of that growth will come from hybridized lithium vehicles – nearly all of which use lead batteries for critical systems. Advanced lead batteries will capture a portion of the electric vehicle market growth in several key areas, including start-stop electric vehicles for transportation purposes and material handling.
Doe Run’s sustainability report contains Standard Disclosures from the world’s most widely used sustainability reporting framework – the Global Reporting Initiative (GRI). The company invites readers to share their views on the report and what they are most interested in through an online survey available at https://www.surveymonkey.com/r/LTDFZHM.