Driving a Circular Vision: Sims Metal Management Joins the World Business Council for Sustainable Development

August 21, 2018

New York, NY – Sims Metal Management, the global leader in metals and electronics recycling, has joined the World Business Council for Sustainable Development (WBCSD).

sustainabilityFounded in 1917, Sims operates more than 200 facilities in 20 countries, employs approximately 5,000 employees globally and is fully committed to closing the loop on recycling for a more sustainable future. By connecting with WBCSD’s network of forward-thinking businesses across a variety of sectors, Sims can make a real impact in global corporate sustainability and especially the circular economy.

“As a company whose entire business is focused on making resources available for future use, we are delighted to be a member of the World Business Council for Sustainable Development and work with other companies that are exploring innovative sustainable development solutions,” said Alistair Field, CEO & Managing Director of Sims Metal Management. “In our commitment to working toward a safe and sustainable future and being a leading innovator in the global circular economy, we continuously seek new ways to effectively improve our environmental track record and corporate citizenship practices. Working collaboratively with WBCSD and its other members, we are confident this can be achieved.”

WBCSD President and CEO Peter Bakker said, “We live in a resource-constrained world, and we’re placing increasing pressure upon planetary boundaries. Transitioning to the circular economy represents a USD $4.5 trillion opportunity, and has the potential to catalyze the biggest social, economic and environmental changes since the First Industrial Revolution. This transition is only possible with business leadership. By joining WBCSD, Sims Metal Management is adding its experience and expertise to one of the most exciting and transformative opportunities in sustainability right now. I look forward to working closely with Alistair Field and his team as we scale up business action in this area.”

About Sims Metal Management
Sims Metal Management is one of the world’s leading metal and electronics recyclers with more than 250 facilities, operations in 18 countries, and more than 5,000 employees globally. The Company’s ordinary shares are listed on the Australian Securities Exchange (ASX: SGM) and its American Depositary Shares are quoted on the Over-the-Counter market in the United States (USOTC: SMSMY). Please visit our website (www.simsmm.com) for more information on the Company and recent developments.

About Sims Lifecycle Services

Sims Lifecycle Services (SLS) provides solutions to extend the life of data center and corporate technology devices and recognizes the value in end-of-life IT hardware. The company supports Cloud Service Providers and enterprises with the navigation of ongoing technology shifts. SLS’ secure and responsible management of decommissioning and dispositioning IT assets recovers value via reuse, redeployment, recycling and precious metal recovery.

IT asset disposition (ITAD) and electronics recycling services offered at SLS support the evolution of the technology industry movement toward circularity. SLS clients benefit from data security, maximum IT value recovery, global compliance and sustainable IT use. As a responsible corporate citizen, and in alignment with the United Nations Sustainable Development Goals, we continuously seek new ways to contribute to the circular economy. For more information, visit www.simslifecycle.com.