Sims Publishes 2023 Sustainability Reporting Suite
Sims Limited, a global frontrunner in promoting sustainability and driving the circular economy, has unveiled its Fiscal Year 2023 Sustainability Reporting Suite.
This comprehensive annual sustainability reporting package encompasses a climate report, sustainability report, and databook, all of which track the company's advancements in accordance with its three core sustainability principles:
Closing the Loop
Stephen Mikkelsen, the Chief Executive Officer and Managing Director of Sims Limited, expressed his satisfaction with the company's remarkable performance throughout the year, highlighting significant achievements in meeting sustainability targets.
"Over the past year, our company has made substantial strides toward our sustainability objectives. We achieved our 23% carbon emissions reduction target by 2025 ahead of schedule, accomplishing an impressive 32% reduction in emissions compared to our FY20 baseline year. This feat was largely driven by the widespread adoption of renewable electricity in our global operations," Mikkelsen stated. "Additionally, we have made notable headway in closing the gender pay equity gap and have achieved record-breaking safety performance for the third consecutive year."
In the same period, Sims Limited published its inaugural tax transparency report, committed to realising gender-balanced leadership through the 40:40 Vision initiative by 2030, and welcomed 50 cadets/trainees into the circular economy workforce, with 40% of them being women.
The company's sustainability achievements have earned recognition from prestigious indices and rankings, including 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 overarching mission to create a world without waste for the preservation of our planet, Sims Limited plays a pivotal role in recycling millions of tonnes of materials, resulting in a positive environmental impact and value creation for its stakeholders.
For those interested, the complete Sustainability Reporting Suite is accessible for viewing or download on the company's website at www.simsltd.com/sustainability.
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