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Top related persons:
Tamara Lundgren - 1 Sam Schnitzer - 1 Lundgren - 1 – it's - 1 it's - 1 Schnitzer Steel - 1
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North America Davos
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Schnitzer - 1 CNBC - 1 Corporate Knights - 1 Nasdaq - 1

Search resuls for: "Corporate Knights"


2 mentions found


☆ The 117-year-old steel maker that's key to solving climate tech's recycling issue
  + stars: | 2023-08-11 | by ( Ian Thomas | ) www.cnbc.com   time to read: +6 min
One of the first questions Tamara Lundgren often heard when she introduced herself as the CEO of Schnitzer Steel is, "What kind of steel do you make?'" Founded in 1906 by Russian immigrant Sam Schnitzer, the company started as a one-person scrap metal recycler. "The name Schnitzer Steel just no longer really reflects our work," said Lundgren, who joined the company in 2005 and was elevated to CEO in 2008. "In today's environment, the importance of recycling and the importance of recycling metals has reached a level that didn't exist 10 years ago," Lundgren said. "I'm glad we were getting that attention, but fundamentally what drove it was all of our recycling activity," Lundgren said.
Persons: Tamara Lundgren, Sam Schnitzer, Lundgren, – it's, it's, Schnitzer Steel Organizations: Schnitzer, CNBC, Corporate Knights, Nasdaq Locations: North America, Davos
☆ Steel recycler beats wind firm to become world's most sustainable company
  + stars: | 2023-01-18 | by ( Virginia Furness Simon Jessop | Virginia Furness | Simon Jessop | ) www.reuters.com   time to read: +3 min
Rather surprisingly, research firm Corporate Knights says the answer is Schnitzer Steel Industries (SCHN.O), a U.S. scrap steel recycler, which has knocked wind turbine maker Vestas Wind off the top spot. "Schnitzer Steel is the first steel company to top the Global 100," said Corporate Knights CEO Toby Heaps. "If one of the world's dirtiest sectors can produce the most sustainable company in the world, then there is no excuse for any company in any sector not to step up." In 2022, the Global 100 beat the ACWI on an annual returns basis by 2.8% though both were significantly down on 2021 at -15.6% and -18.4% respectively. Between 2013 and 2022, the Global 100 returned 145.1% compared to 115.4% for the MSCI ACWI.
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