Corporate Sustainability

Sprott’s approach and commitment to corporate sustainability is in support of executing a sustainable strategy that delivers long-term value for our stakeholders. Our commitment to operating responsibly touches our policies and practices in the areas of investment management, people and culture, business practices and ethics, philanthropy, governance and the environment.

Investment Management

Sprott Inc. is a proud signatory to the Principles for Responsible Investment (“PRI”). The PRI is the world’s leading proponent of responsible investment and works to understand the investment implications of environmental, social and governance (ESG) factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.

Although the PRI framework is voluntary, as a signatory we have committed to, where consistent with the fiduciary responsibilities of our subsidiaries, incorporating responsible investment factors into our investment decision making and active ownership practices.

Sprott Inc. is also a member of the Responsible Investment Association (RIA). As Canada’s industry association for responsible investment, RIA members include asset managers, asset owners, advisors and service providers who support the promotion of responsible investment in Canada’s retail and institutional markets.

Critical Materials Investment Strategies

Sprott, through its investment management subsidiaries, seeks to be a leader in developing investment funds that can provide investors with exposure to a range of critical materials necessary for the global clean energy transition. 

Representing 24% of our total AUM (as of December 31, 2024), our critical materials strategies include funds focused on uranium, copper, lithium, nickel, cobalt and other materials essential to the generation, transmission and storage of clean energy.

People & Culture

Employees are Sprott’s most valuable asset and key to delivering value for our clients and shareholders.  We are deeply committed to empowering our employees to reach their full potential by cultivating an inclusive workplace culture of innovation and excellence, where belonging, diversity of thought and well-being are supported.

• We recruit, retain and support exceptional talent from a wide range of differentiated experiences and backgrounds. 
• We apply a multi-faceted approach to support our employees’ professional growth and development.  In addition to offering external education subsidies, licensing and designation support, time off for studying, mentorship and networking opportunities, we also provide our employees with access to hundreds of on-demand soft and hard skill courses through our internal training program, Sprott Academy.  
• We prioritize our employee’s physical and mental health by providing a comprehensive and competitive benefits package.  In addition, we strive to reduce the stigma of seeking mental health support through our annual month-long mental health campaign every May.
• We actively seek our employees’ feedback through our initiative “Sprott Listens”, with a view to continuously monitoring and improving the employee experience and engagement, leading to better business processes and outcomes. 

Business Practices & Ethics

Sprott's Risk Management and Compliance programs seek to maintain high ethical standards along with implementing policies and procedures that support the achievement of our business strategy and corporate purpose.

We also maintain robust ethics and compliance policies which include a Code of Business Conduct and Ethics, Whistleblower Policy, and various other corporate governance and operational policies which all employees are required to adhere to.

Our mandatory training programs are ongoing and include cybersecurity training, anti-money laundering training, equal employment opportunity and anti-harassment training.

Philanthropy and Community Support

Through various corporate philanthropic initiatives, Sprott actively partners with organizations focused on education, health & wellness, sustainability in the mining sector, and humanitarian relief. 

Sprott’s employee-led giving programs connect Sprott with worthy organizations where its team members are personally engaged and committed. 

Our employees participate in a number of charitable events throughout the year including fundraising galas, giving campaigns, food and toy drives, volunteer board seats and fundraising committee positions.

Sprott also partners with various university student groups that support the development of tomorrow’s leaders in STEM and finance.

The Environment

Sprott annually completes an assessment of greenhouse gas (GHG) emissions associated with our offices in Canada and the United States and achieved carbon neutrality under the Carbonzero program after Sprott sourced carbon offsets in the equivalent amount of our annual Scope 1 and Scope 2 GHG emissions.

Implementation and Accountability 

We focus on continual improvement in the execution of our Corporate Sustainability program. Sprott Inc. has a Corporate Sustainability Committee that has been tasked with the creation and ongoing implementation of this program in an appropriate manner corporately and for our various operating subsidiaries. The Corporate Sustainability Committee is comprised of senior leaders from across the firm’s corporate operations and investment management divisions. Our Chief Talent Officer leads Sprott’s initiatives focused on People & Culture. 

Together, the Corporate Sustainability Committee and Chief Talent Officer regularly provide update reports to Sprott’s Executive Committee and CEO, and to the Governance, Sustainability and Nominating Committee of the Board of Directors.