Sims Limited, a global sustainability firm and an enabler of the circular economy, has been named to the Financial Times 2023 Asia-Pacific Climate Leaders list for the second time. Sims Limited was one of 275 companies on the list, which highlights firms that have made genuine greenhouse gas emissions reductions relative to their revenues over a five-year period.
What does the recognition mean for Sims Limited?
The prestigious list is comprised of Asia Pacific companies that achieved the greatest reduction in their core emissions intensity between 2016 and 2021 – that is, their Scope 1 and 2 greenhouse gas emissions in relation to revenue – and made further climate-related commitments (such as CDP disclosure scores and transparency on Scope 3 emissions).
“As a firm 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. We believe that strong climate action is vital 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,” said Alistair Field, Chief Executive Officer and Managing Director at Sims Limited.
Why was Sims Limited named on the list?
Moving toward renewable electricity is a critical component of Sims Limited’s decarbonisation plans, and this past year, the organisation accelerated its carbon neutrality target by 12 years, further demonstrating their commitment to decarbonising their own operations.
In 2023, Sims Limited’s North America businesses joined their businesses in the United Kingdom, New Zealand, India, and Europe in supporting 100% renewable electricity.
The firm, which is a signatory of the Global Agreement on Climate Policy Engagement, also ranked 14th on the 2023 Corporate Knights Global 100 List of the World’s Most Sustainable Companies and placed in the top 100 of the As You Sow 2023 Carbon Clean200 list.
Sims Limited’s Sustainability Report contains more information on the firm’s decarbonisation efforts and achievements and the social, environmental, and economic value it creates. For a full accounting of the 2023 Climate Asia-Pacific List and more information, visit the website.