Sims Limited Named World’s Most Sustainable Corporation on Corporate Knights’ 2024 Global 100 Index
January 16 2024 - 11:00PM
Business Wire
Sims Limited (ASX: SGM), a global leader in metal recycling and
the provision of circular solutions for technology, has emerged as
2024’s most sustainable corporation on Corporate Knights’ Global
100 index. This is the company’s tenth and highest ranked inclusion
on the list.
“We are very proud to have topped the ranking on the 2024 Global
100. This recognition reflects our commitment to our own
sustainability performance, as well as our role in helping build a
greener future through the supply of more circular metals and
materials globally,” said Stephen Mikkelsen, Sims Limited’s Chief
Executive Officer and Managing Director. “Our purpose, create a
world without waste to preserve our planet, is integrated into our
business strategy and is the lens through which we consider every
aspect of our business. Supplying products safely and sustainably,
that help our customers to decarbonise and be more circular, is how
we advance our purpose-led strategy.”
The vital role Sims Limited plays in support of global
decarbonisation is reflected in its recycling of approximately 8
million tonnes of proprietary ferrous and non-ferrous metals during
the 2023 fiscal year, which helped its customers avoid about 11.6
million tonnes of CO2-e by using recycled instead of raw
materials.
Sims Limited performed well against its internal sustainability
targets in fiscal year 2023, including important progress against
its climate goals, by achieving 100% renewable electricity across
its North America operated businesses. This was also the safest
year on record, for the third year in a row, which further
highlights Sims Limited’s sustainability leadership.
About the Corporate Knights Global 100 Index
The Global 100 index is an annual ranking of the world’s 100
most sustainable corporations by Corporate Knights, an independent
media and research B Corp. All publicly traded companies with more
than US$1 billion in revenue are assessed across 25 key performance
indicators that cover resource management, employee management,
financial management, sustainable revenue and sustainable
investment, and supplier performance. Only those companies making
sustainable solutions a core part of their business offerings and
allocating meaningful investments to reduce their carbon footprints
make the grade. For the complete list of the 2024 Global 100, visit
the Corporate Knights website.
Additional information about Sims Limited’s sustainability
targets and performance is available on the company’s website,
www.simsltd.com.
About Sims Limited
Founded in Australia in 1917, Sims Limited is a global leader in
metal recycling and the provision of circular solutions for
technology. Employing over 4,000 employees globally, the company
operates more than 280 facilities across 14 countries. Sims Limited
plays a vital role in helping increase circularity and
decarbonisation by supplying recycled materials and re-purposed
products. The company’s ordinary shares are listed on the
Australian Securities Exchange (ASX: SGM), and its American
Depositary Shares are quoted on the Over-the-Counter market in the
United States (USOTC: SMSMY). The Company’s purpose, create a world
without waste to preserve our planet, is what drives its constant
innovation and leadership in the circular economy. For more
information, visit www.simsltd.com.
Head Office: Level 9, 189 O’Riordan Street, Mascot, NSW,
Australia 2020
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version on businesswire.com: https://www.businesswire.com/news/home/20240116355963/en/
Investor Relations Ana Metelo Director, Investor
Relations ana.metelo@simsmm.com
Media Relations Stephanie Glue Global Head, Corporate and
Government Affairs Stephanie.glue@simsmm.com
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