October 4, 2023

Press Release

Sims Ltd Sustainability Reporting Suite 2023

Sims Limited, a global leader in sustainability and an enabler of the circular economy, today announced the publication of its fiscal year 2023 Sustainability Reporting Suite. The company’s annual sustainability reporting suite, which is comprised of a climate report, sustainability report and databook, captures progress against its three sustainability pillars: Operate responsibly; Close the loop; Partner for change.

“During the year, the company has made strong performance against our sustainability goals, including early achievement of our 23% reduction in carbon emissions by 2025 target, delivering a 32% reduction on emissions from our FY20 baseline year thanks to an accelerated uptake of renewable electricity across our global operations,” said Stephen Mikkelsen, chief executive officer and managing director at Sims Limited. “We’ve also made substantial progress against closing the gender pay equity gap and delivered record safety performance for the third year in a row.”

During the year, Sims Limited also published its first tax transparency report, committed to the 40:40 Vision for gender balanced leadership by 2030, and welcomed 50 cadets/trainees to begin careers in the circular economy, 40% of whom were women.

The company’s sustainability accomplishments have been recognised by leading indices and rankings, such as the FTSE4Good Index, DJSI Sustainability Index, CDP Climate leadership, the 2023 Financial Times Climate Leaders APAC list, Newsweek’s Most Responsible Companies in America list, the As You Sow Carbon Clean200 list, and the Corporate Knights Global100 Most Sustainable Companies list.

Guided by its purpose, create a world without waste to preserve our planet, Sims Limited recycles millions of tonnes of materials, which positively impacts the environment, while creating value for its stakeholders. The full sustainability reporting suite is available to view or download on the company’s website:  www.simsltd.com/sustainability.

For further information, visit the website: Sims Limited