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Steel recycler beats wind firm to become world's most sustainable company
by Virginia Furness and Simon Jessop
Reuters Translate This Article
18 January 2023
On 18 January 2023 Reuters reported:
As boardroom bosses and billionaires mingle in the snowy streets of Davos, corporate sustainability is a key topic of discussion. Yet which company is the world's most sustainable? Rather surprisingly, research firm Corporate Knights says the answer is Schnitzer Steel Industries, a U.S. scrap steel recycler.
Global Good News service views this news as a sign of rising positivity in the fields of science and business, documenting the growth of life-supporting, evolutionary trends.
... Schnitzer Steel bagged the top spot with a 74 percent increase in energy productivity, 69 percent increase in water productivity and 55 percent increase in carbon productivity in 2021 -- with productivity meaning using more efficiently when measured against revenue. It also reported 100 percent of its $2.8 billion revenues and all of its $0.1 billion investment went to sustainable projects in 2021, though the report did not detail the projects.
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