January 20, 2023

Schnitzer Steel

Schnitzer Steel Industries has been named the most sustainable company in the world by Corporate Knights, a media and research organization focused on corporate sustainability performance. The 19th annual Global 100 List of the world's most sustainable corporations by Corporate Knights is based on a detailed assessment of 6,720 companies, each with more than $1 billion in revenue, where performance across a range of sustainability metrics is evaluated. Foundational to Schnitzer's success is the company's sustainability framework, established nearly a decade ago, which centers around people, planet, and profit. Since setting sustainability goals in 2019 in accordance with this framework, the company has met or exceeded many of its targets and established new goals. In December 2022, the Schnitzer released its fiscal 2022 Sustainability Report, Recycled Metals for a Low-Carbon Future, which 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 Industries manufactures and exports recycled metal products, and has operating facilities in 25 states, Puerto Rico, and Western Canada. Schnitzer has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The company began operations in 1906 in Portland.