Sims Metal Management Named One of the Global 100 Most Sustainable Corporations in the World for Fourth Year in a Row
January 26 2012 - 4:55PM
Business Wire
Sims Metal Management (the “Company”) has been designated as one
of the Global Top 100 Most Sustainable Corporations for the fourth
year in a row. The list, compiled by sustainable business
publication Corporate Knights, was announced at the 2012 World
Economic Forum in Davos, Switzerland.
Sims Metal Management moved up 52 spots from last year’s Global
100 list, to number 11 in the world. The Global 100 rankings
identify companies that consistently demonstrate superior
leadership and performance on a range of environmental, social and
governance policies relative to their industry peers. Companies on
the list are considered better equipped than their competitors to
thrive and succeed in the longer term due to the sustainable
approach used to manage their businesses.
Group Chief Executive Officer Dan Dienst commented, “It is a
great honor to be included for the fourth year on the Global Top
100 Most Sustainable Corporations list. We are humbled to have
moved up to number 11 on the list from number 63 and would not have
been possible without the hard work of our 6,500 employees across
23 countries, five continents and 260 locations. Whether or not you
believe climate change is a man-made phenomenon or just a natural
ebb and flow of our planet’s climate, Sims Metal Management is one
company that has a noticeable positive impact on the environment
and, by extension, a positive impact on the forces that influence
climate change. Sims Metal Management is part of the solution to
protect the planet, and our men and women around the world are on
the front lines, dedicated to the mission of doing well by doing
good.”
Additional criteria used in compiling Global Top 100 Most
Sustainable Corporations list include ethical and responsible
decision-making, recognizing the interests of stakeholders,
respecting the rights of shareholders, and communication with
customers, investors, regulators and policymakers. Taken together,
according to the Corporate Knights ranking, these factors currently
designate the Company as a leading sustainable enterprise in the
world, both environmentally and from a stakeholder perspective.
About Sims Metal Management
Sims Metal Management is the world’s largest listed metal
recycler with approximately 260 facilities and 6,500 employees
globally. Sims’ core businesses are metal recycling and recycling
solutions. Sims Metal Management generated approximately 85 percent
of its revenue from operations in North America, the United
Kingdom, Continental Europe, New Zealand and Asia in Fiscal 2011.
The Company’s ordinary shares are listed on the Australian
Securities Exchange (ASX: SGM) and its ADRs are listed on the New
York Stock Exchange (NYSE: SMS). Please visit our website
(www.simsmm.com) for more information on the Company and recent
developments.
Sims (ASX:SGM)
Historical Stock Chart
From Oct 2024 to Nov 2024
Sims (ASX:SGM)
Historical Stock Chart
From Nov 2023 to Nov 2024