Welcome to our dedicated page for Sims news (Ticker: SMSMY), a resource for investors and traders seeking the latest updates and insights on Sims stock.
Sims Limited (SMSMY) reports news tied to its global recycling and circular-economy businesses, including metal recycling, scrap supply and logistics, technology lifecycle services, and renewable-energy-related sustainability initiatives. Its Sims Lifecycle Services unit provides IT asset disposition, data center equipment reuse and redeployment, secure electronics disposition, and recycling of electronic products.
Company updates also cover customer and technology collaborations, recognition for IT asset disposition capabilities, climate policy engagement, ESG index inclusion, tax transparency and renewable electricity initiatives, and governance changes involving the board and finance leadership. As an ADR, SMSMY news may also reflect parent-company announcements and materials from Sims Limited's Australian-listed ordinary shares.
Sims Limited has been awarded the Terra Carta Seal, recognizing its commitment to sustainability and innovation in the circular economy. This inaugural award honors companies aligned with the Terra Carta, a plan aimed at fostering sustainable markets launched in January 2021. With over 100 years in metal recycling, Sims Limited's efforts divert significant waste from landfills. CEO Alistair Field emphasized the company's focus on solutions that minimize waste and maximize value. The Terra Carta initiative, supported by global leaders, aims for net-zero emissions by 2050.
Summary not available.
Sims Limited released its fiscal year 2021 Annual Report, showcasing a significant recovery with an underlying EBIT of A$386.6 million, up 768% from the prior year. The company made strides in its five-year strategic growth plan, achieved a 31% increase in repurposed cloud infrastructure units, and forecasted 24% growth in North America non-ferrous retail volumes. Additionally, Sims achieved the lowest injury frequency rate in its history, emphasizing safety as a core value.
Summary not available.
Sims Limited announced the appointment of Victoria "Vicky" Binns as an independent non-executive director effective October 8, 2021. Her extensive experience spans over 35 years in global resources and financial services, including leadership roles at BHP and Merrill Lynch. Binns will be confirmed by shareholders at the annual general meeting on November 10, 2021. The company also noted the retirement of Jim Thompson, an independent non-executive director, who played a crucial role in the company's strategy and safety initiatives during his 12-year tenure.
Sims Limited, a leader in metal recycling and renewable energy, launched the 'Women Leading @ Sims' program to foster female leadership in the company. Developed over 10 months with feedback from women employees, the initiative includes mentorship and monthly virtual workshops aimed at career growth. Executives Ingrid Sinclair and Brad Baker emphasized the program's role in promoting diversity and building a strong pipeline for future female leaders. Sims Limited operates over 200 facilities globally and is listed under the ticker SMSMY in the USOTC market.