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 Lifecycle Services

Sims Lifecycle Services (SLS), rebranded from Sims Recycling Solutions, provides solutions to extend the life of IT and electronic devices, and the company recognizes the value in end-of-life electronic assets, components and materials. SLS supports Fortune 500 companies in navigating ongoing technology shifts by securely and responsibly managing the disposition of IT equipment and recycling of electronic products. SLS works with enterprises and major cloud providers to deliver decommissioning of corporate IT assets and data center equipment IT asset disposition (ITAD) and electronics recycling services offered at SLS support the evolution of the electronics industry movement toward circularity. SLS clients benefit from data security, maximum IT value recovery, global compliance and sustainable IT use. As a responsible corporate citizen, and in alignment with the United Nations Sustainable Development Goals, we continuously seek new ways to contribute to the circular economy. For more information, visit www.simslifecycle.com.