Sims Limited Has Been Recognized As The World's Most Sustainable Company In The Corporate Knights Global 100 Index 2024

SYDNEY, Australia--( BUSINESS WIRE )-- Sims Limited (ASX: SGM), a global leader in metals recycling and pioneer of circularity in the technology industry, has been named the Most Sustainable Company of 2024 in the Corporate Knights Global 100 Index recorded. This is the company's tenth and highest placement on the list.

“ We are very proud to be ranked at the top of the 2024 Global 100 list. This recognition underlines our commitment to our own sustainability and also our active role in the circular supply of metals and materials around the world for a greener future,” said Stephen Mikkelsen, Chief Executive Officer and Managing Director of Sims Limited. “ Our goal of creating a zero-waste world to protect our environment is anchored in our business strategy and forms the lens through which we view all aspects of our business. By providing safe, sustainable products that help our customers reduce their carbon emissions and promote circular economy structures, we are advancing our targeted strategy.”

The important role that Sims Limited plays in supporting global decarbonization is demonstrated by the fact that the company recycled approximately 8 million tonnes of its own ferrous and non-ferrous metals in the 2023 financial year, supporting its customers by using recycled materials instead of raw materials to avoid around 11.6 million tons of CO ₂ -e.

Sims Limited achieved excellent results against internal sustainability goals and important progress on its climate goals in fiscal year 2023 thanks to 100% renewable energy generation at its North American operations. Additionally, 2023 was the year with the fewest safety-related incidents in the company's history for the third consecutive year, further underscoring Sims Limited's leadership in sustainability.

About the Corporate Knights Global 100 Index

The Global 100 Index is an annual ranking of the world's 100 most sustainable companies, compiled by Corporate Knights, an independent media and market research company. All publicly traded companies with revenues of more than $1 billion are assessed on 25 performance indicators across resource management, people management, financial management, sustainable earnings and sustainable investments, and supplier performance. Only those companies that put sustainable solutions at the heart of their business offering and make significant investments to reduce their carbon emissions are included in the list. The unabridged Global 100 list for 2024 can be viewed on the Corporate Knights website .

For more information about Sims Limited's sustainability goals and results, please visit the company's website at www.simsltd.com .

About Sims Limited

Founded in Australia in 1917, Sims Limited is a global leader in metal recycling and providing circular economy solutions to the technology industry. The company employs over 4,000 people worldwide and operates more than 280 locations in 14 countries. Sims Limited plays an important role in promoting circular economy structures and decarbonization by providing recycled materials and reused products. The Company's common shares are listed on the Australian Securities Exchange (ASX: SGM) and the Company's American Depositary Shares are traded in the United States on the OTC market (USOTC: SMSMY). The company's mission to create a world without waste to protect the environment drives its continued 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

The source language in which the original text is published is the official and authorized version. Translations will be included for a better understanding. Only the language version that was originally published is legally valid. Therefore, compare translations with the original language version of the publication.

Contacts

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

First published on Wed, Jan 17, 2024

Enjoyed what you read? Great news – there’s a lot more to explore!

Dive into our content repository of the latest tech news, a diverse range of articles spanning introductory guides, product reviews, trends and more, along with engaging interviews, up-to-date AI blogs and hilarious tech memes!

Also explore our collection of branded insights via informative white papers, enlightening case studies, in-depth reports, educational videos and exciting events and webinars from leading global brands.

Head to the TechDogs homepage to Know Your World of technology today!

Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. All information / content found on TechDogs' site may not necessarily be reviewed by individuals with the expertise to validate its completeness, accuracy and reliability.

Tags:

Sims Limited Metal Recycling Most Sustainable Company Of 2024 Carbon Emissions Australian Securities Exchange

Join The Discussion

Emerging Technology