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Radius Recycling Publishes Fiscal Year 2024 Sustainability Report

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Radius Recycling (NASDAQ:RDUS) has released its Fiscal 2024 Sustainability Report, highlighting significant achievements in its three-pillar sustainability framework: People, Planet, and Profit. The company reported a 30% reduction in greenhouse gas emissions compared to 2019 baseline, and maintained 100% net carbon-free electricity across recycling operations for the fourth consecutive year.

Key accomplishments include recycling 4.9 million metric tons of metals, selling 3.8 million recycled auto parts, and producing 509,000 tons of low-carbon emission steel products. The company achieved a 16% year-over-year reduction in total case incident rate, with 90% of facilities free of lost time injuries. The report also highlighted expanded ISO-certified Environmental Management System coverage to 50% of facilities and increased employee 401(k) participation to 70%.

Radius received multiple recognitions, including placement on Corporate Knights' Global 100 List, Ethisphere Institute's World's Most Ethical Companies for the tenth consecutive year, and re-certification 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 a tre pilastri: Persone, Pianeta e Profitto. L'azienda ha riportato una riduzione del 30% delle emissioni di gas serra rispetto al 2019 e ha mantenuto il 100% di elettricità netta priva di carbonio nelle operazioni di riciclaggio per il quarto anno consecutivo.

I principali successi includono il riciclo di 4,9 milioni di tonnellate metriche di metalli, la vendita di 3,8 milioni di parti di auto riciclate e la produzione di 509.000 tonnellate di prodotti in acciaio a basse emissioni di carbonio. L'azienda ha ottenuto una riduzione del 16% anno su anno nel tasso totale di incidenti, con il 90% degli impianti privi di infortuni con perdita di tempo. Il rapporto ha anche evidenziato l'espansione della copertura del Sistema di Gestione Ambientale ISO certificato al 50% degli impianti e l'aumento della partecipazione dei dipendenti al 401(k) al 70%.

Radius ha ricevuto numerosi riconoscimenti, tra cui la posizione nella Global 100 List di Corporate Knights, l'inclusione nell'elenco delle Aziende più Etiche del Mondo dell'Ethisphere Institute per il decimo anno consecutivo e la ri-certificazione come Great Place to Work.

Radius Recycling (NASDAQ:RDUS) ha publicado su Informe de Sostenibilidad Fiscal 2024, destacando logros significativos en su marco de sostenibilidad de tres pilares: Personas, Planeta y Beneficio. La empresa reportó una reducción del 30% en las emisiones de gases de efecto invernadero en comparación con la línea base de 2019 y mantuvo un 100% de electricidad neta libre de carbono en sus operaciones de reciclaje por cuarto año consecutivo.

Los logros clave incluyen el reciclaje de 4.9 millones de toneladas métricas de metales, la venta de 3.8 millones de piezas de automóvil recicladas y la producción de 509,000 toneladas de productos de acero con bajas emisiones de carbono. La compañía logró una reducción del 16% en la tasa total de incidentes en comparación con el año anterior, con el 90% de sus instalaciones libres de lesiones con tiempo perdido. El informe también destacó la expansión de la cobertura del Sistema de Gestión Ambiental certificado por ISO al 50% de las instalaciones y un aumento en la participación de los empleados en el 401(k) al 70%.

Radius recibió múltiples reconocimientos, incluyendo su inclusión en la lista Global 100 de Corporate Knights, como una de las Empresas más Éticas del Mundo por el Ethisphere Institute por décimo año consecutivo y la recertificación como Great Place to Work.

Radius Recycling (NASDAQ:RDUS)는 2024 회계연도 지속 가능성 보고서를 발표하며 사람, 지구 및 이익이라는 세 가지 지속 가능성 프레임워크에서 중요한 성과를 강조했습니다. 회사는 2019년 기준 대비 온실가스 배출량을 30% 감소시켰으며, 재활용 작업에서 4년 연속 100% 탄소 중립 전기를 유지했습니다.

주요 성과로는 490만 미터톤의 금속 재활용, 380만 개의 재활용 자동차 부품 판매, 50만 9천 톤의 저탄소 배출 강철 제품 생산이 포함됩니다. 회사는 전체 사건 발생률이 전년 대비 16% 감소했으며, 90%의 시설에서 유실 시간 부상이 발생하지 않았습니다. 보고서에서는 ISO 인증 환경 관리 시스템의 범위를 50%의 시설로 확대한 것과 직원 401(k) 참여율을 70%로 증가시킨 것도 강조했습니다.

Radius는 Corporate Knights의 Global 100 List, Ethisphere Institute의 세계에서 가장 윤리적인 기업 목록에 10년 연속 등재되었고, Great Place to Work로 재인증 받는 등 여러 차례의 인정을 받았습니다.

Radius Recycling (NASDAQ:RDUS) a publié son Rapport de Durabilité pour l'exercice fiscal 2024, mettant en évidence des réalisations importantes dans son cadre de durabilité en trois volets : Personnes, Planète et Profit. L'entreprise a signalé une réduction de 30 % des émissions de gaz à effet de serre par rapport à l'année de référence 2019 et a maintenu une électricité nette sans carbone à 100 % dans ses opérations de recyclage pour la quatrième année consécutive.

Les réalisations clés comprennent le recyclage de 4,9 millions de tonnes métriques de métaux, la vente de 3,8 millions de pièces de voiture recyclées et la production de 509 000 tonnes de produits en acier à faibles émissions de carbone. L'entreprise a obtenu une réduction de 16 % de son taux total d'incidents d'une année sur l'autre, avec 90 % de ses installations exemptes de blessures entraînant une perte de temps. Le rapport a également mis en avant l'expansion de la couverture du Système de Management Environnemental certifié ISO à 50 % des installations et l'augmentation de la participation des employés au plan 401(k) à 70 %.

Radius a reçu plusieurs reconnaissances, dont sa présence dans la liste Global 100 de Corporate Knights, celle des entreprises les plus éthiques du monde selon l'Ethisphere Institute pour la dixième année consécutive, et sa recertification en tant que Great Place to Work.

Radius Recycling (NASDAQ:RDUS) hat seinen Nachhaltigkeitsbericht für das Geschäftsjahr 2024 veröffentlicht und dabei bedeutende Erfolge in seinem Dreifach-Nachhaltigkeitsrahmen: Menschen, Planet und Profit hervorgehoben. Das Unternehmen berichtete von einer 30%igen Reduzierung der Treibhausgasemissionen im Vergleich zum Basisjahr 2019 und hielt zum vierten Jahr in Folge eine 100%ige netz- und kohlenstofffreie Elektrizität in seinen Recyclingbetrieben aufrecht.

Zu den wichtigsten Erfolgen gehören das Recycling von 4,9 Millionen metrischen Tonnen von Metallen, der Verkauf von 3,8 Millionen recycelten Autoteilen und die Produktion von 509.000 Tonnen von Stahlprodukten mit niedrigen Kohlenstoffemissionen. Das Unternehmen erzielte eine Reduzierung der Gesamtunfallrate um 16% im Jahresvergleich, wobei 90% der Einrichtungen frei von Arbeitsunfällen waren. Der Bericht hob auch die Erweiterung des nach ISO zertifizierten Umweltmanagementsystems auf 50% der Einrichtungen und eine Steigerung der Mitarbeiterbeteiligung am 401(k) auf 70% hervor.

Radius erhielt mehrere Auszeichnungen, darunter die Platzierung auf der Global 100 Liste von Corporate Knights, die Aufnahme in die Liste der weltweit ethischsten Unternehmen des Ethisphere Institute im zehnten Jahr in Folge sowie die Wiederzertifizierung als Great Place to Work.

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PORTLAND, OR / ACCESSWIRE / December 13, 2024 / 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

Data provided by Thomson Reuters

View additional multimedia and more ESG storytelling from Radius Recycling on 3blmedia.com.

Contact Info:
Spokesperson: Radius Recycling
Website: https://www.3blmedia.com/profiles/radius-recycling
Email: info@3blmedia.com

SOURCE: Radius Recycling



View the original press release on accesswire.com

FAQ

What sustainability goals did Radius Recycling (RDUS) achieve in fiscal 2024?

Radius Recycling achieved a 30% reduction in greenhouse gas emissions vs 2019 baseline, maintained 100% net carbon-free electricity, recycled 4.9 million metric tons of metals, and expanded ISO-certified Environmental Management System to 50% of facilities.

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 safety improvements did Radius Recycling (RDUS) report in 2024?

Radius Recycling reported a 16% year-over-year reduction in total case incident rate, with 90% of facilities being free of any lost time injuries.

What major sustainability awards did Radius Recycling (RDUS) receive in 2024?

Radius Recycling was included in Corporate Knights' Global 100 List of Most Sustainable Corporations, named one of World's Most Ethical Companies by Ethisphere Institute, and re-certified as a Great Place to Work.

How has Radius Recycling's (RDUS) 3PR™ portfolio expanded in 2024?

Radius Recycling expanded its 3PR™ portfolio to enhance recycling rates, reduce landfill waste, improve carbon footprint, and strengthen sustainability reporting capabilities.

Radius Recycling, Inc.

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