PR Newswire
09 Jun 2022, 03:15 GMT+10
- Sustainability leader among 200 companies featured on the inaugural Financial Times/Nikkei Asia Climate Leaders Asia-Pacific list for taking on this shared global challenge -
SYDNEY, June 9, 2022 /PRNewswire/ -- Sims Limited (ASX: SGM), a global leader in metal recycling, a leading provider of circular solutions for technology, and an emerging leader in renewable energy, today announced that the company was included on the first ever Financial Times/Nikkei Asia Climate Leaders Asia-Pacific list for 2022. Sims Limited was one of 200 companies on the list, which highlights companies that have made genuine greenhouse gas emissions reductions relative to their revenues between 2015 and 2020.
The list was compiled by analysis firm Statista, which examined publicly available disclosures of more than 2000 companies in the Asia-Pacific region. They selected companies that achieved a reduction in greenhouse gases and also scored well on other disclosure instruments, such as CDP ratings.
"Sims Limited provides solutions, such as inputs for steel mills to generate low-carbon steel, for the circular, low-carbon economy," said Alistair Field, group chief executive officer and managing director. "Of course, we realise we must also reduce emissions within our own operations, and we are proud to have these efforts highlighted by the Financial Times and Nikkei Asia. Our purpose is to create a world without waste to preserve our planet, and strong action on climate is essential to attaining that vision."
Sims Limited reduced its emissions by nearly 80,000 tonnes of CO2e since 2015. That is roughly the equivalent of the amount of emissions from the consumption of 34M litres of diesel. The company is accelerating its efforts and recently committed to use 100 percent renewable electricity by 2025 and be carbon neutral by 2030.
Earlier this year, Sims was ranked 11th on the Corporate Knight's Global 100 List of the most sustainable companies in the world. The company's annual sustainability report shares more about how the company is continuing to strengthen its practices to deliver social, environmental and economic value. For the complete 2022 Climate Asia-Pacific List, refer to the official published listing.
About Sims Limited
Founded in 1917, Sims Limited is a global leader in metal recycling and providing circular solutions for technology, and an emerging leader in renewable energy. Our 3,880 employees operate from more than 200 facilities across 15 countries. 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). Our purpose, create a world without waste to preserve our planet, is what drives us to constantly innovate and offer new solutions in the circular economy for consumers, businesses, governments and communities around the world. For more information, visit www.simsltd.com.
SOURCE Sims Limited
Get a daily dose of Sydney Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Sydney Sun.
More InformationHONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
NEW YORK, New York - Monday's trading session saw mixed performances across U.S. and global markets, with several major indices posting...
WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...
DUBAI, U.A.E.: Saudi Aramco is exploring asset sales as part of a broader push to unlock capital, with gas-fired power plants among...
MILAN, Italy: Italian regulators have flagged four non-EU countries—including Russia—as carrying systemic financial risk for domestic...
NEW YORK CITY, New York: With just weeks to spare before a potential government default, U.S. lawmakers passed a sweeping tax and spending...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
PARIS, France: A strike by French air traffic controllers demanding improved working conditions caused significant disruptions during...
OMAHA, Nebraska: With Congress considering cuts totaling around US$1 trillion to Medicaid over the next decade, concerns are rising...
ROME, Italy: Quick thinking by emergency responders helped prevent greater devastation after a gas station explosion in southeastern...
WASHINGTON, D.C.: President Donald Trump is drawing praise from his core supporters after halting key arms shipments to Ukraine, a...
MOSCOW, Russia: This week, Russia became the first country to officially recognize the Taliban as the government of Afghanistan since...