Sims Ltd

Common Name
Sims
Country
Australia
Sector
Basic Materials
Industry
Steel
Employees
3,887
Ticker
SGM
Exchange
ASX
Description
Sims Limited is a prominent player in the global metal recycling industry. Founded in 1917 and headquartered in Sydney, Australia, the company specializes in the collection, processing, and sale of fe...

Sims's Climate Target Data Preview

As of 2024, Sims has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Sims ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Sims's Greenhouse Gas Emissions Pathways

As of 2024, Sims has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Sims have a target to reduce the emissions from its operations?

As of 2024, Sims has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Sims's most ambitious operational target is to reduce these emissions by 90% by 2050, compared to a baseline of 147,909 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2024, Sims is ahead of schedule on its operational emissions reduction target, having achieved 34.17% of the planned reduction.

Sims's Operational (Scope 1+2) Emissions Pathway

2020202420252050040 k80 k120 k160 kBaselineCurrent (-31%)Target 2050 (-90%)
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