Sims Limited named one of America’s Most Responsible Companies by Newsweek
– Second year recognized as an environmentally and socially responsible company –
NEW YORK, May 18, 2022 /PRNewswire/ — Sims Limited (Sims), a global leader in metal recycling, providing circular solutions for technology, and an emerging leader in renewable energy, today announced that the company has been listed Newsweek’s Most Responsible American Companies for the second year in a row. Sims was one of 499 companies on the list, which highlights companies that are leaders in environmental, social and corporate governance (ESG) practices.
Newsweek has partnered with Statista to rate the top 2,000 U.S. public companies by revenue on key corporate responsibility indicators including: environmental stewardship, workforce diversity and leadership, community impact, disclosure and transparency, and economic performance, among other factors. Statista also conducted a survey of more than 11,000 people on how these efforts were perceived.
“We are proud to be recognized among America’s Top Companies as a leader in corporate responsibility and ESG,” said Alistair Field, Group Chief Executive and Managing Director of Sims Limited. “We are committed to operating in a way that is best in class – extending to our environmental stewardship, respect for laws and human rights, and positive engagement in our communities. This will help us achieve our goal of creating a waste-free world to preserve our planet.”
Over the past year, Sims has made ambitious new commitments to its sustainability agenda, including committing to become carbon neutral by 2030 and to use 100% renewable electricity in all of its operations. ‘by 2025. Earlier this year, Sims was ranked 11e on Corporate Knight’s Global 100 list of the world’s most sustainable companies. The company also became a signatory to the United Nations Global Compact, a corporate leadership platform that focuses on aligning strategy and operations with the realization of societal benefits. The Sims responded to the crisis by Ukraine by making a $200,000 Donation in AUD to UNICEF to provide humanitarian aid.
“Sims Limited’s business enables a sustainable future. Metal products made from recycled materials have lower embodied emissions and are a key enabler for technologies including electric vehicles and renewable energy infrastructure that are essential to achieve a sustainable low-carbon economy. How we provide these services is equally important to our goals, so we’re delighted to have our efforts recognized by Newsweek and Statista,” Field continued.
The company’s annual sustainability report tells more about how the company continues to strengthen its practices to deliver social, environmental and economic value. For the full 2022 list of America’s Most Responsible Companies, visit https://www.newsweek.com/americas-most-responsible-companies-2022.
About Sims Limited
Founded in 1917, Sims Limited is a global leader in metal recycling and the provision of circular solutions for technology, and an emerging leader in renewable energy. Our 3,880 employees operate from more than 200 locations in 15 countries. The Company’s ordinary shares are listed on the Australian Securities Exchange (ASX: SGM) and its American Depositary Shares are listed on the over-the-counter market in United States (USOTC: SMSMY). Our goal, to create a world without waste to preserve our planet, is what drives us to constantly innovate and provide new solutions in the circular economy for consumers, businesses, governments and communities around the world. For more information, visit www.simsltd.com.
About America’s Most Responsible Companies 2022
The list of America’s Most Responsible Companies is an annual ranking of corporate sustainability performance compiled by Newsweek and Statista, an independent consulting firm. This year, it analyzed 2,000 of the largest public companies by revenue in the United States that published a document identical or similar to a corporate responsibility report. The analysis included publicly available performance data across environmental, social and corporate governance categories. Second, Statista conducted a survey of 11,000 US citizens on their perception of companies when it comes to corporate social responsibility. All items were weighted to produce a final score and the total list includes 499 companies. The list has been published annually since 2020.