STOCK TITAN

Radius Recycling Publishes Fiscal Year 2024 Sustainability Report

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags

Radius Recycling (NASDAQ: RDUS) has released its Fiscal 2024 Sustainability Report, highlighting significant achievements in its three-pillar sustainability framework: People, Planet, and Profit. Key accomplishments include a 30% reduction in greenhouse gas emissions compared to 2019, a 16% year-over-year reduction in total case incident rate, and ISO certification expansion to 50% of facilities.

The company recycled 4.9 million metric tons of metals, sold 3.8 million recycled auto parts, and 509,000 tons of low-carbon emission steel products. Notable achievements include maintaining 100% net carbon-free electricity across recycling operations for the fourth consecutive year, expanding the 3PR™ portfolio, and increasing employee 401(k) participation to 70%. The company was recognized on Corporate Knights' Global 100 List, named one of World's Most Ethical Companies® for the tenth consecutive year, and re-certified as a Great Place to Work®.

Radius Recycling (NASDAQ: RDUS) ha pubblicato il suo Rapporto sulla Sostenibilità per l'anno fiscale 2024, evidenziando risultati significativi nel suo framework di sostenibilità basato su tre pilastri: Persone, Pianeta e Profitti. Tra i risultati chiave si annovera una riduzione del 30% delle emissioni di gas serra rispetto al 2019, una diminuzione del 16% del tasso totale di incidenti rispetto all'anno precedente, e l'espansione della certificazione ISO al 50% degli impianti.

L'azienda ha riciclato 4,9 milioni di tonnellate metriche di metalli, venduto 3,8 milioni di parti auto riciclate e 509.000 tonnellate di prodotti in acciaio a basse emissioni di carbonio. Tra i successi notevoli si evidenzia il mantenimento del 100% di elettricità netta priva di carbonio nelle operazioni di riciclaggio per il quarto anno consecutivo, l'espansione del portafoglio 3PR™ e l'aumento della partecipazione dei dipendenti al piano 401(k) al 70%. L'azienda è stata inserita nella lista Global 100 di Corporate Knights, nominata tra le Aziende Più Etiche del Mondo® per il decimo anno consecutivo e nuovamente certificata come Great Place to Work®.

Radius Recycling (NASDAQ: RDUS) ha publicado su Informe de Sostenibilidad para el año fiscal 2024, destacando logros significativos en su marco de sostenibilidad de tres pilares: Personas, Planeta y Beneficios. Entre los logros clave se incluye una reducción del 30% en las emisiones de gases de efecto invernadero en comparación con 2019, una reducción del 16% en la tasa total de incidentes en comparación con el año anterior, y la expansión de la certificación ISO al 50% de las instalaciones.

La empresa recicló 4.9 millones de toneladas métricas de metales, vendió 3.8 millones de piezas de automóviles recicladas y 509,000 toneladas de productos de acero con baja emisión de carbono. Entre los logros notables se encuentra mantener el 100% de electricidad neta libre de carbono en las operaciones de reciclaje durante el cuarto año consecutivo, la expansión del portafolio 3PR™, y el aumento de la participación de los empleados en el 401(k) al 70%. La empresa fue reconocida en la lista Global 100 de Corporate Knights, nombrada una de las Empresas Más Éticas del Mundo® por décimo año consecutivo, y recertificada como Great Place to Work®.

Radius Recycling (NASDAQ: RDUS)는 2024 회계연도 지속 가능성 보고서를 발표하며, 사람, 지구 및 이익의 세 가지 기둥으로 구성된 지속 가능성 프레임워크에서 중요한 성과를 강조했습니다. 주요 성과로는 2019년에 비해 온실가스 배출량 30% 감소, 연간 사고율 16% 감소, 50%의 시설에 대한 ISO 인증 확대가 있습니다.

회사는 490만 메트릭톤의 금속을 재활용하고, 380만 개의 재활용 자동차 부품을 판매했으며, 509,000톤의 저탄소 배출 스틸 제품을 판매했습니다. 주목할 만한 성과로는 리사이클링 운영에서 100% 탄소 중립 전력을 유지한 것, 3PR™ 포트폴리오 확장, 직원 401(k) 참여율 70% 증가가 있습니다. 이 회사는 Corporate Knights의 Global 100 목록에 선정되었고, 10년 연속으로 세계에서 가장 윤리적인 기업 중 하나로 선정되었으며, Great Place to Work®로 재인증되었습니다.

Radius Recycling (NASDAQ: RDUS) a publié son Rapport de Durabilité pour l'exercice 2024, mettant en évidence des réalisations significatives dans son cadre de durabilité en trois volets : Personnes, Planète et Profit. Parmi les réalisations clés, on note une réduction de 30% des émissions de gaz à effet de serre par rapport à 2019, une réduction annuelle de 16% du taux d'incidents total et l'expansion de la certification ISO à 50% des installations.

La société a recyclé 4,9 millions de tonnes métriques de métaux, vendu 3,8 millions de pièces automobiles recyclées et 509 000 tonnes de produits en acier à faibles émissions de carbone. Parmi les réalisations notables, on peut citer le maintien de 100% d'électricité totalement exempt de carbone dans les opérations de recyclage pour la quatrième année consécutive, l'expansion du portefeuille 3PR™ et l'augmentation de la participation des employés au 401(k) à 70%. L'entreprise a été reconnue sur la liste Global 100 de Corporate Knights, nommée l'une des entreprises les plus éthiques du monde® pour la dixième année consécutive, et a été à nouveau certifiée comme Great Place to Work®.

Radius Recycling (NASDAQ: RDUS) hat seinen Nachhaltigkeitsbericht für das Geschäftsjahr 2024 veröffentlicht und dabei wichtige Erfolge in seinem dreisäuligen Nachhaltigkeitsrahmen hervorgehoben: Menschen, Planet und Profit. Zu den wesentlichen Erfolgen gehört eine Reduktion der Treibhausgasemissionen um 30% im Vergleich zu 2019, eine jährliche Reduzierung der Gesamtenzidenzrate um 16% und eine Ausweitung der ISO-Zertifizierung auf 50% der Einrichtungen.

Das Unternehmen hat 4,9 Millionen metrische Tonnen Metalle recycelt, 3,8 Millionen recycelte Autoteile verkauft und 509.000 Tonnen Produkte aus emissionsarmem Stahl angeboten. Zu den bemerkenswerten Erfolgen zählt die Aufrechterhaltung von 100% netto kohlenstofffreier Elektrizität in den Recyclingoperationen im vierten Jahr in Folge, die Erweiterung des 3PR™-Portfolios und die Erhöhung der 401(k)-Teilnahme der Mitarbeiter auf 70%. Das Unternehmen wurde auf der Global 100 Liste von Corporate Knights anerkannt, zehn Jahre in Folge als eines der ethischsten Unternehmen der Welt ausgezeichnet und erneut als Great Place to Work® zertifiziert.

Positive
  • None.
Negative
  • None.

PORTLAND, Ore., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Radius Recycling (NASDAQ: RDUS), a global leader in metals recycling, today announced the release of the Company’s Fiscal 2024 Sustainability Report. The report highlights the Company’s role in the transition to a low-carbon future by supplying recycled metals that are critical to the production of more sustainable products, including those associated with global decarbonization efforts.

“Nearly 10 years ago, we created a sustainability framework based on three pillars: People, Planet, and Profit,” said Tamara Lundgren, Chairman and Chief Executive Officer. “This framework is the foundation of our sustainability strategy and continues to deliver meaningful impact to all our stakeholders.”

The Company’s report showcases progress towards its multi-year sustainability goals, including a 30% reduction in greenhouse gas emissions at recycling operations versus its 2019 baseline, a 16% year-over-year reduction in total case incident rate, and the expansion of its International Organization for Standardization (ISO)-certified Environmental Management System to encompass 50% of Company facilities.

“Our achievements this year would not have been possible without all our employees living our Core Values of Safety, Sustainability, and Integrity and operating with the agility, resilience, and collaboration that have underpinned our success,” explained Lundgren. “I take great pride in highlighting our Company’s achievements and the steady progress we are making toward our goals.”

Radius annually diverts millions of tons of ferrous and nonferrous metals from landfills, supplies recycled metals to domestic and international customers, and produces some of the lowest carbon emission finished steel products available. “Our commitment to sustainable practices is embedded in our product and service offerings, daily operations, infrastructure investments, and stakeholder engagement activities,” commented Eric Potashner, Chief Sustainability Officer. “The benefit of our work has a lasting impact on our communities, the planet, and future generations.”

Selected Highlights from Radius Recycling's 2024 Sustainability Report:

  • Recycled 4.9 million metric tons of ferrous and nonferrous metals, sold 3.8 million recycled auto parts, and sold 509,000 tons of low carbon emission finished steel products.
  • 90% of Company facilities were free of any lost time injuries.
  • Maintained 100% net carbon free electricity across Company recycling operations for the fourth consecutive year.
  • Expanded 3PR™ portfolio to support the rapidly growing and important service and supply chain solution that enables greater recycling rates, reductions in material going to landfill, an improved carbon footprint, and enhanced sustainability reporting.
  • Increased employee participation in the Company’s 401(k) matching benefit program to 70%.
  • Donated more than 1,300 employee volunteer hours across 23 states.

Recognized as a Global Leader

In fiscal 2024, several global organizations recognized the Company for leading performance in sustainability, ethics, responsible operations, and employee engagement.

  • Corporate Knights included Radius on its Global 100 List of the 2024 Most Sustainable Corporations in the World.
  • Ethisphere Institute recognized Radius as one of 2024 World’s Most Ethical Companies® for the tenth consecutive year.
  • Radius re-certified as a Great Place to Work® for the fourth consecutive year.

About Radius Recycling, Inc.

Radius Recycling, Inc. (formerly Schnitzer Steel Industries, Inc.) is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 25 states, Puerto Rico, and Western Canada. Radius has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company’s integrated operating platform also includes 50 stores which sell serviceable used auto parts from salvaged vehicles and receive over 4 million annual retail visits. The Company’s steel manufacturing operations produce finished steel products, including rebar, wire rod and other specialty products. Radius began operations in 1906 in Portland, Oregon.

Radius Recycling:

Public Affairs & Communications:
Eric Potashner
415-624-9885
epotashner@rdus.com

Investor Relations:
Michael Bennett
503-323-2811
mcbennett@rdus.com

Company Info:
radiusrecycling.com
ir@rdus.com


FAQ

What are the key sustainability achievements for Radius Recycling (RDUS) in fiscal 2024?

Radius Recycling achieved a 30% reduction in greenhouse gas emissions vs 2019, recycled 4.9 million metric tons of metals, maintained 100% net carbon-free electricity, and saw a 16% reduction in total case incident rate.

How much metal did Radius Recycling (RDUS) recycle in fiscal 2024?

Radius Recycling recycled 4.9 million metric tons of ferrous and nonferrous metals in fiscal 2024.

What environmental certifications has RDUS achieved in 2024?

Radius Recycling expanded its ISO-certified Environmental Management System to cover 50% of company facilities.

How has Radius Recycling's workplace safety performance improved in 2024?

90% of company facilities were free of lost time injuries, and there was a 16% year-over-year reduction in total case incident rate.

What recognition did RDUS receive for sustainability and ethics in 2024?

Radius was included in Corporate Knights' Global 100 List, named one of World's Most Ethical Companies for the tenth consecutive year, and re-certified as a Great Place to Work.

Radius Recycling, Inc.

NASDAQ:RDUS

RDUS Rankings

RDUS Latest News

RDUS Stock Data

454.71M
26.00M
6.82%
85.59%
1.8%
Steel
Wholesale-misc Durable Goods
Link
United States of America
PORTLAND