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Sims Limited Achieves Climate Leaders Asia-Pacific 2023 Recognition

May 27, 2023 | blog

– Identified by Financial Times and Statista for second consecutive 12 months as setting the tempo within the struggle towards local weather change –

SYDNEY — Sims Limited (ASX: SGM), a world chief in sustainability and an enabler of the round financial system, has been named to the Financial Times 2023 Asia-Pacific Climate Leaders listing for the second time. Sims Limited was certainly one of 275 firms on the distinguished listing, which highlights firms which have made real greenhouse fuel emissions reductions relative to their revenues over a five-year interval.

It’s humbling to be recognised for our local weather achievements and efforts to cut back emissions inside our operations. We actually consider that sturdy local weather motion is crucial to creating the world we need to dwell in and go away for future generations.

For the second consecutive 12 months, Financial Times and Statista examined publicly accessible disclosures of greater than 2,000 firms within the Asia-Pacific area to compile the Climate Leaders Asia-Pacific listing. The listing is comprised of firms that achieved the best discount of their core emissions depth between 2016 and 2021 – that’s, their Scope 1 and a pair of greenhouse fuel emissions in relation to income – and made additional climate-related commitments (reminiscent of 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,” mentioned Alistair Field, chief government 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 towards renewable electrical energy is a vital part of Sims Limited’s decarbonisation plans, and this previous 12 months, the corporate accelerated its carbon neutrality goal by 12 years, demonstrating their dedication to decarbonising their very own operations. In 2023, Sims Limited’s North America companies joined their companies within the United Kingdom, New Zealand, India, and Europe in supporting one hundred pc renewable electrical energy.

The firm, which is a signatory of the Global Agreement on Climate Policy Engagement, additionally ranked 14^th on the 2023 Corporate Knights Global 100 List of the World’s Most Sustainable Companies and positioned within the prime 100 of the As You Sow 2023 Carbon Clean200 listing.

Sims Limited’s Sustainability Report comprises extra data on the corporate’s decarbonisation efforts and achievements and the social, environmental, and financial worth it creates. For a full accounting of the 2023 Climate Asia-Pacific List, go to https://www.ft.com/reports/asia-pacific-climate-leaders.

About Sims Limited

Founded in 1917, Sims Limited is a world chief in sustainability and an enabler of the round financial system that employs nearly 5,000 staff who function from greater than 200 services throughout 15 international locations. The firm’s function, create a world with out waste to protect our planet, is what drives us to continuously innovate and supply new options within the round financial system for shoppers, companies, governments, and communities world wide. For extra data, go to www.simsltd.com.

About Financial Times Climate Leaders Asia-Pacific List

The Financial Times Climate Leaders Asia-Pacific listing was printed for the primary time in 2022. The analysis was performed by Statista, an unbiased consultancy, who reviewed reported emissions information for over 2,000 firms which might be headquartered within the Asia-Pacific area. To be featured on the listing, firms wanted to have made reductions on scope 1 and a pair of emissions between 2015 and 2020, relative to income.