10:37:56 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Algoma Central Corp
Symbol ALC
Shares Issued 38,649,996
Close 2024-02-02 C$ 15.20
Market Cap C$ 587,479,939
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Algoma Central responds to workplace harassment report

2024-02-05 12:44 ET - News Release

Ms. Cathy Smith reports

ALGOMA CENTRAL CORPORATION COMMITS TO INDUSTRY LEADERSHIP TO FURTHER ADDRESS WORKPLACE HARASSMENT

Algoma Central Corp. is responding to the Seafarers' International Union of Canada (SIU) report released today on workplace harassment and bullying within the Canadian marine sector.

Thank you to the SIU for bringing additional focus to this issue and your dedication to raising awareness and finding solutions. The SIU has been a long-standing partner in addressing harassment cases within Algoma's organization and the company is committed to continuing to work together to ensure a safe working environment for all. It is important that unions and ship operators collaborate and maintain an open dialogue. Together, they can take the lead addressing this issue and further develop cohesive, zero-tolerance action plans across the marine sector.

Algoma is dedicated to cultivating a workplace culture founded on principles of respect and inclusion. Recognizing the profound impact that all forms of harassment can have on the well-being of its employees, the company prioritizes the safety and health of its crews and staff. This commitment has always been, and continues to be, Algoma's foremost priority. In recent years, the company has enhanced its workplace harassment and violence prevention policy, reporting procedures, and training. That said, Algoma recognizes that more needs to be done.

There is no place for harassment at Algoma. Please go to Algoma's website to learn more about its workplace harassment and violence prevention policy and how to file an anonymous report if you have seen or experienced harassment either shipboard or shoreside.

To view the SIU's press release and full report please go to the Seafarers website.

About Algoma Central Corp.

Algoma Central is a global provider of marine transportation that owns and operates dry and liquid bulk carriers, serving markets throughout the Great Lakes St. Lawrence Seaway and internationally. Algoma is aiming to reach a carbon emissions reduction target of 40 per cent by 2030 and net zero by 2050 across all business units with fuel-efficient vessels, innovative technology and alternative fuels.

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