Sims Limited Achieves Asia Pacific Climate Leaders Recognition for 2023

Sims Limited Achieves Asia Pacific Climate Leaders Recognition for 2023

that you selected Financial Times and Statista For the second year in a row, setting the pace in the fight against climate change

Sydney, 27 May 2023– (working wire) –The Sims Ltd ASX: SGM, the global leader in sustainability and enabler of the circular economy, has been nominated for the second time in the Financial Times 2023 Asia Pacific Climate Leaders list. Sims Limited was one of 275 companies on the prestigious list, which highlights companies that have achieved real reductions in greenhouse gas emissions from their revenues over a five-year period.

This press release includes multimedia. See the full statement here: https://www.businesswire.com/news/home/20230526005355/ar/

FT-Statista Climate Leaders 2023 logo (Graphic: Business Wire)

For the second year in a row, the Financial Times and Statista have examined publicly available disclosures from more than 2,000 companies in the Asia-Pacific region to compile a list of Asia-Pacific Climate Leaders. The list consists of companies that achieved the greatest reduction in their baseline emissions intensity between 2016 and 2021, that is, Scope 1 and 2 greenhouse gas emissions relative to revenue, and have made other climate-related commitments (such as CDP disclosure scores and Scope 3 transparency for emissions).

“As a company aiming to create a zero-waste world to preserve our planet, it is an honor to be recognized for our climate achievements and efforts to reduce emissions in our operations,” said Alistair Field, CEO and General Manager of The Sims. Limited. “We truly believe that great climate action is essential to creating the world we all want to live in and leave for future generations, so we take our part in this process very seriously.”

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The transition towards renewable electricity is a critical component of Sims Limited’s decarbonization plans, and last year the company accelerated its 12-year carbon neutrality goal, demonstrating its commitment to decarbonizing its own operations. In 2023, Sims Limited’s North American business will join its business in the UK, New Zealand, India and Europe to support 100% renewable electricity.

The company, a signatory to the global agreement on climate policy commitment, also ranked 14tha It was named to the Corporate Knights Global 100 2023 list of the world’s most sustainable companies and named to the 2023 As You Sow Carbon Clean200 list of the most sustainable companies.

a Sustainability report By Sims Limited contains more information about the company’s decarbonization efforts and achievements and the social, environmental and economic value they create. For a full account of the 2023 Asia-Pacific Climate Leaders list, visit https://www.ft.com/reports/asia-pacific-climate-leaders.

About The Sims Ltd

Founded in 1917, Sims Limited is a global leader in sustainability and an enabler of the circular economy, employing nearly 5,000 people working in more than 200 facilities in 15 countries. The company’s goal of creating a zero-waste world to preserve our planet is what drives us to constantly innovate and deliver new solutions in the circular economy to consumers, businesses, governments and communities around the world. For more information visit www.simsltd.com.

About the Financial Times’ list of Asia-Pacific climate leaders

The Financial Times’ list of climate leaders for Asia and the Pacific was first published in 2022. The survey was conducted by Statista, an independent consulting firm, which has reviewed reported emissions data for more than 2,000 companies based in the Asia-Pacific region. Asia Pacific. To be on the list, companies would have had to make reductions in Band 1 and 2 emissions between 2015 and 2020 on a revenue basis.

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The original text of this announcement is the official, approved version. Translations are provided for convenience only and must refer to the original language text, which is the only legally binding version of the text.

View the original on businesswire.com: https://www.businesswire.com/news/home/20230526005355/ar/

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