Sims Limited

Climate Impact & Sustainability Data (2024)

Renewable Energy Share:100% at 110+ sites

110+ sites use 100% renewable electricity (USA, Canada, UK, Germany, India, Netherlands, Ireland, Poland, New Zealand, Singapore and Australia)
Reduction in Total Recordable Injury Frequency Rate since FY19 42%

Launched Commit To Care program, a globally consistent internal leadership training program receiving a 4.8 out of 5-star rating from employees
Global efforts to improve the world around us during Earth Day and World Environmental Day

Long-term Goals:

Medium-term Goals:

Short-term Goals:

Challenging industry conditions due to tight supply of ferrous material and declining demand in some geographies
Variable demand from customers, shortage of supply and increased buy-side competition in the global scrap market
Inflationary pressures and elevated interest rates
Slowdown in manufacturing activity and Chinese real estate sector contraction
Increased average vehicle age in the US contributing to lower scrap supply

Redefined strategic priorities, repositioned footprint, and implemented commercial and operating changes
Tightened metal recycling footprint to focus on high-potential geographies (Australia and New Zealand, North America)
Implemented cost-out program realizing significant savings
Increased proportion of unprocessed material purchased and improved shredder utilization in North America
Strengthened market position in Australia with balanced portfolio and strong purchasing programs

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001