Sims Metal Management Releases 2019 Sustainability Report

NEW YORK (November 5, 2019) – Sims Metal Management, a global leader in metal and electronics recycling and an emerging leader in the municipal recycling and the renewable energy industries, today announced the publication of its 2019 Sustainability Report. This report uses the Global Reporting Initiative standards as guidance, and covers topics across environmental, social, governance and financial performance.

Fiscal year 2019 (FY19) was a transformational year for Sims. The company introduced its purpose, create a world without waste to preserve our planet, used its purpose to align its business divisions to further enable the circular economy, and deepened its commitment to improving sustainability inside of the company and with the products and services the company offers.

“At Sims, we create long-term value by providing secure and sustainable management of resources, and we are looking to deliver value to our stakeholders by doing what is good for our planet, as well as what is good for our business,” said Alistair Field, CEO and Managing Director. “While the concept of a circular economy is not new, the drive to make it the standard business model is new, and we are ready to tackle this challenge.”

The FY19 report depicts how Sims’ integrated growth strategy positions the company as a key provider of services in support of the circular economy to close the resource loop, including its own. The company also shares how the nature of its business brings many benefits to its value chain. Some of those benefits include:

Highlights from the FY19 report include:

“We are at an inflection point, and our society is facing crucial challenges as it navigates an increasingly uncertain and complex world. Understanding this evolving global sustainability landscape is crucial to shape strategy, manage impacts and increase transparency,” said Elise Gautier, Chief Risk and Compliance Officer. “For Sims, the future is now, and we see the challenge as an opportunity to advance the circular economy, create shared value by partnering for change, and grow the business.”

View 2019 Sustainability Report

About Sims Recycling Solutions

Sims Recycling Solutions (SRS) specializes in providing resourceful solutions to manage different streams for retired electronic equipment, components and metals. SRS plays a key role in helping local, national and global companies manage ongoing technology shifts by securely and responsibly recycling electronic products and managing the disposition of IT equipment. SRS works with businesses and major cloud companies to provide periodic decommissioning of older data center equipment, as well as with companies that are closing down their corporate data centers as work moves to the cloud. The IT asset disposition (ITAD) and electronics recycling services offered at SRS ensure clients of data security, brand protection and maximum IT value recovery, while optimizing material reuse and supporting the circular economy. As a responsible corporate citizen, we continuously seek new ways to broaden our participation in the environmental sector. For more information, visit www.simsrecycling.com.