Check out your Company Bowl for anonymous work chats.
We recently published our Fiscal 2023 Sustainability Report, Where Change Begins. The report details our work to advance the circular economy through the recovery, reuse, and recycling of the essential metals required to support global decarbonization efforts. It also showcases progress toward our multi-year sustainability goals, including achieving our greenhouse gas emissions reduction target - two years ahead of schedule. “Nearly 10 years ago, we created a sustainability framework based on three pillars: People, Planet, and Profit. This framework is the foundation of our sustainability strategy and continues to deliver meaningful impact to all our stakeholders,” said Tamara Lundgren, Chairman and Chief Executive Officer. Read the full report available on our website: sustainability.radiusrecycling.com
We are proud to announce Schnitzer has been recognized by Newsweek as one of America's Most Responsible Companies of 2022. This is the third year in a row we have been included on this prestigious list of nearly 500 public corporations who share a commitment to environmental and social responsibility. Leaning on Schnitzer's core values of safety, sustainability and integrity, we illustrate our commitment to ESG by delivering quality recycled metals, affordable recovered auto parts, and low-carbon finished steel products to customers around the world to support the transition to a sustainable future for us all. View the complete list of America's Most Responsible Companies of 2022 at the link below.
Congratulations to Schnitzer's Vice President, Chief Ethics and Compliance Officer & Deputy General Counsel, Callie Pappas, for receiving the Ethisphere Business Ethics Leadership Alliance Emeritus award. This award honors those whose individual achievement has provided enduring and inspirational advocacy for the compliance and ethics profession. Callie's leadership illustrates Schnitzer's commitment to responsible and sustainable operations and dedication to the highest ethical standards. Congratulations, Callie!
Last week alongside Tacoma City Councilmember, Kristina Walker and several members of the Tacoma Public Utilities Board, Schnitzer CEO, Tamara Lundgren helped to officially open a new public sales area at our Tacoma, Washington metals recycling facility. By offering a dedicated area for members of the public to drop off appliances, used aluminum beverage containers, and ferrous and non-ferrous scrap metal, Schnitzer teams help to keep more materials out of the landfill, conserve energy and natural resources, and expand our environmental services to the Tacoma community. The event also highlighted Schnitzer’s participation in Tacoma Public Utilities’ Evergreen Options Program, which provides the facility with electricity from majority carbon-free hydroelectricity. We look forward to continuing to build on this important partnership to achieve our shared sustainability goals and support the Tacoma community.
Schnitzer teams celebrated Earth Day by participating in park and street cleanups, tree plantings, outdoor beautification, drain markings and other projects that promote environmental preservation in the communities where we operate. Employees used Volunteer Time Off hours to participate in Earth Day events as we advance our Company sustainability goal to donate 10,000 volunteer hours by 2025.
We are pleased to announce that Schnitzer has been recognized as a World’s Most Ethical Company by Ethisphere for the eighth year in a row. “Being named one of the World’s Most Ethical Companies for eight consecutive years is a high honor and a testament to the dedication of our employees to our Core Values of safety, sustainability, and integrity,” said Tamara Lundgren, Chairman and Chief Executive Officer. “As the world continues to face unprecedented challenges, our employees are demonstrating the resilience and resolve that have remained hallmarks of our Company for over a century without wavering from their commitment to servicing our customers, supporting our suppliers, and investing in our communities safely, responsibly, and with integrity.”
We are proud to announce the launch of GRN Steel™, a line of net zero carbon products from Schnitzer's Cascade Steel manufacturing operations located in McMinnville, Oregon. “The launch of our GRN Steel™ product line provides our customers with net zero carbon steel solutions as they build tomorrow’s essential infrastructure,” said Tamara Lundgren, Chairman and Chief Executive Officer. “The introduction of this new product line illustrates Cascade’s longstanding reputation for delivering exceptional service and innovative products over the last 50 years. GRN Steel™ represents a critical next step for our Company as we offer sustainable solutions to meet the needs of an increasingly metal-intensive economy.”
We're proud to be named one of the world’s 100 most sustainable corporations of 2022 by Corporate Knights . Having this recognition displayed on the Nasdaq Tower in Times Square serves as an important reminder of our role in the circular economy and that sustainability is at the core of what we do and how we operate. Photo copyright Nasdaq 2022.
At Schnitzer, our growing network of Employee Resource Groups (ERGs) promote a diverse and inclusive workplace aligned with our Company’s purpose, values, and business practices. ERGs aim to build a sense of belonging and deepen the understanding of our shared purpose. During the month of February, our Black Employee Network ERG will offer several opportunities for employees to engage and celebrate Black History Month. From hosting virtual speaker sessions with prominent black leaders to highlighting black-owned businesses in the communities where we operate, Schnitzer's Black Employee Network is championing the important work required to elevate individuals and organizations seeking to create change, combat systemic racism, and advance equality within our communities.
Earlier this month, we announced the appointment of a new Chief Sustainability Officer, Judodine Nichols, previously Schnitzer's Vice President of Innovation. As CSO, Judodine will lead the next phase of our sustainability journey - advancing Schnitzer's ESG goals and delivering continued results across the value chain. "From the way we source, process, and transport recycled materials to the energy we use to produce sustainable steel, Schnitzer is well-positioned to meet the demands of the low-carbon economy of the future," explained Nichols. "We are making steady progress toward achieving net zero GHG emissions by 2050 and I look forward to advancing our program to meet the ambitious targets we have set for ourselves." Learn more about Schnitzer's ESG goals in our Fiscal 2021 #Sustainability Report.
