Sims Limited Achieves Climate Leaders Asia-Pacific 2023 Recognition
May 26 2023 - 10:49PM
Business Wire
– Identified by Financial Times and Statista
for second consecutive year as setting the pace in the fight
against climate change –
Sims Limited (ASX: SGM), a global leader in sustainability and
an enabler of the circular economy, has been named to the Financial
Times 2023 Asia-Pacific Climate Leaders list for the second time.
Sims Limited was one of 275 companies on the prestigious list,
which highlights companies that have made genuine greenhouse gas
emissions reductions relative to their revenues over a five-year
period.
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FT-Statista Climate Leaders 2023 logo
(Graphic: Business Wire)
For the second consecutive year, Financial Times and Statista
examined publicly available disclosures of more than 2,000
companies in the Asia-Pacific region to compile the Climate Leaders
Asia-Pacific list. The list is comprised of companies that achieved
the greatest reduction in their core emissions intensity between
2016 and 2021 – that is, their Scope 1 and 2 greenhouse gas
emissions in relation to revenue – and made further climate-related
commitments (such as CDP disclosure scores and transparency on
Scope 3 emissions).
“As a company whose purpose is to create a world without waste
to preserve our planet, it is humbling to be recognised for our
climate achievements and efforts to reduce emissions within our
operations,” said Alistair Field, chief executive officer and
managing director at Sims Limited. “We truly believe that strong
climate action is essential to creating the world we all want to
live in and leave for future generations, so we take our role in
this process very seriously.”
Moving toward renewable electricity is a critical component of
Sims Limited’s decarbonisation plans, and this past year, the
company accelerated its carbon neutrality target by 12 years,
demonstrating their commitment to decarbonising their own
operations. In 2023, Sims Limited’s North America businesses joined
their businesses in the United Kingdom, New Zealand, India, and
Europe in supporting 100 percent renewable electricity.
The company, which is a signatory of the Global Agreement on
Climate Policy Engagement, also ranked 14th on the 2023 Corporate
Knights Global 100 List of the World’s Most Sustainable Companies
and placed in the top 100 of the As You Sow 2023 Carbon Clean200
list.
Sims Limited’s Sustainability Report contains more information
on the company’s decarbonisation efforts and achievements and the
social, environmental, and economic value it creates. For a full
accounting of the 2023 Climate Asia-Pacific List, visit
https://www.ft.com/reports/asia-pacific-climate-leaders.
About Sims Limited
Founded in 1917, Sims Limited is a global leader in
sustainability and an enabler of the circular economy that employs
almost 5,000 employees who operate from more than 200 facilities
across 15 countries. The company’s 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.
About Financial Times Climate Leaders Asia-Pacific
List
The Financial Times Climate Leaders Asia-Pacific list was
published for the first time in 2022. The research was conducted by
Statista, an independent consultancy, who reviewed reported
emissions data for over 2,000 companies that are headquartered in
the Asia-Pacific region. To be featured on the list, companies
needed to have made reductions on scope 1 and 2 emissions between
2015 and 2020, relative to revenue.
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version on businesswire.com: https://www.businesswire.com/news/home/20230526005346/en/
Investor Relations Ana Metelo Director, Investor
Relations ana.metelo@simsmm.com Media Relations Réal
Hamilton-Romeo Global Head, Communications and Marketing
real.hamiltonromeo@simsmm.com
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