Cliffs Natural Resources Inc. Reports on Sustainability Progress
2012 AUG 17 (VerticalNews) -- By a News Reporter-Staff News Editor at Ecology, Environment & Conservation -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced the release of its fourth sustainability report, titled "Explore. Operate. Grow." The Sustainability Report is a comprehensive look at Cliffs' business and describes the Company's progress and outcomes in key areas of its sustainability strategy.
Cliffs developed this Sustainability Report in conformance with Global Reporting Initiative's (GRI) comprehensive Sustainability Reporting Framework. Widely used around the world, GRI's framework enables greater organizational transparency by establishing principles and indicators that global organizations can use to measure and report their economic, environmental, and social performance. The Company's Sustainability Report received a third-party assurance and earned a B+ rating for the third consecutive year.
"Responsible and safe operation, respectful engagement and effective environmental stewardship are qualities we seek to both foster and recognize throughout Cliffs," said Kelly Tompkins, Cliffs' executive vice president, legal, government affairs and sustainability and chief legal officer. "Cultivating these qualities creates business value - both the tangible bottom line form of value and significant intangible value in the form of improved relationships, enhanced reputation, new partnerships and collaboration."
Mr. Tompkins added that: "Sustainability allows us to develop new opportunities and mitigate risks, while gaining the support of stakeholders and agencies that allow us to operate and grow."
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