Portland Oregon headquartered US’s largest manufacturer and exporter of recycled metals Schnitzer Steel Industries has announced the release of the Company’s Fiscal 2022 Sustainability Report, Recycled Metals for a Low-Carbon Future. The report highlights the Company’s role in the transition to a low-carbon future by supplying recycled metals that are critical to the production of more sustainable products, including those associated with global decarbonization efforts.Schnitzer Steel Chairman & Chief Executive Officer Mr Tamara Lundgren said “In fiscal 2022, we advanced our Sustainability goals by supporting our employees and communities, implementing best-in-class environmental processes and infrastructure, expanding our operating platform, and introducing new net zero carbon emissions product offerings. In fiscal 2022, we advanced our Sustainability goals by supporting our employees and communities, implementing best-in-class environmental processes and infrastructure, expanding our operating platform, and introducing new net zero carbon emissions product offerings.”Selected Highlights from Schnitzer Steel’s 2022 Sustainability Report:PEOPLE HIGHLIGHTS90% of facilities free of any lost time injuries and the second-best safety performance in the Company’s historyIncreased participation in the Company’s retirement benefits program by 15%More than 50% female directors on the Company’s Board of DirectorsPLANET HIGHLIGHTSAchieved 100% net carbon-free electricity use across the Company’s operations for the second consecutive yearReduced Scope 1 and 2 greenhouse gas emissions from recycling operations by 24% against a 2019 baselineDeployed an ISO Certified Environmental Management SystemLaunched GRN Steel, the Company’s line of net zero carbon emissions steel productsPROFIT HIGHLIGHTSAchieved the second-best fiscal year earnings in the Company’s historyAdded 10 new operating locations through acquisitions in the southeastern US, including the Company’s first metals shredding operation in the region
Portland Oregon headquartered US’s largest manufacturer and exporter of recycled metals Schnitzer Steel Industries has announced the release of the Company’s Fiscal 2022 Sustainability Report, Recycled Metals for a Low-Carbon Future. The report highlights the Company’s role in the transition to a low-carbon future by supplying recycled metals that are critical to the production of more sustainable products, including those associated with global decarbonization efforts.Schnitzer Steel Chairman & Chief Executive Officer Mr Tamara Lundgren said “In fiscal 2022, we advanced our Sustainability goals by supporting our employees and communities, implementing best-in-class environmental processes and infrastructure, expanding our operating platform, and introducing new net zero carbon emissions product offerings. In fiscal 2022, we advanced our Sustainability goals by supporting our employees and communities, implementing best-in-class environmental processes and infrastructure, expanding our operating platform, and introducing new net zero carbon emissions product offerings.”Selected Highlights from Schnitzer Steel’s 2022 Sustainability Report:PEOPLE HIGHLIGHTS90% of facilities free of any lost time injuries and the second-best safety performance in the Company’s historyIncreased participation in the Company’s retirement benefits program by 15%More than 50% female directors on the Company’s Board of DirectorsPLANET HIGHLIGHTSAchieved 100% net carbon-free electricity use across the Company’s operations for the second consecutive yearReduced Scope 1 and 2 greenhouse gas emissions from recycling operations by 24% against a 2019 baselineDeployed an ISO Certified Environmental Management SystemLaunched GRN Steel, the Company’s line of net zero carbon emissions steel productsPROFIT HIGHLIGHTSAchieved the second-best fiscal year earnings in the Company’s historyAdded 10 new operating locations through acquisitions in the southeastern US, including the Company’s first metals shredding operation in the region