Top 50 most sustainable companies in the world (P.15) Schnitzer Steel: A leader in steel recycling in North America


( In fiscal 2021, the Company was recognized by several organizations for leading performance in sustainability, including ethics, transparency, responsible operations, and employee engagement.

Schnitzer Steel Industries, Inc. is a steel manufacturing and scrap metal recycling company headquartered in Portland, Oregon.

Schnitzer Steel was founded by Russian immigrant Sam Schnitzer in 1906 as a one-person scrap metal recycler. Between 1947 and 1950, his son, Harold Schnitzer, worked at the company. In 1993, Schnitzer Steel became a public company via an initial public offering.

Schnitzer is a global leader in the metals recycling industry. They collect process and recycle raw scrap metal (ferrous and nonferrous) and provide processed scrap metal to mills and foundries around the world.

Their used auto parts stores provide low-cost quality parts to customers across the U.S. and Canada. The steel manufacturing facility transforms recycled scrap metal into quality finished steel products such as reinforcing bar (rebar), wire rod, coiled bar, merchant bar and other specialty products.

By recycling scrap metal, they are diverting and reusing millions of tons of materials each year that might otherwise be destined for landfills. The ferrous and non-ferrous scrap metal they process is utilized to manufacture new metal-based products, conserving natural resources and significantly reducing greenhouse gas emissions.

Schnitzer’s facilities are powered by 100% net carbon-free sourced electricity, the finished steel products are made of 95% recycled content, and they recycle and re-use 88% of the total water withdrawal. Schnitzer continue to build on these foundations at all the operations — investing in advanced metal recovery technology systems, air emissions and stormwater control systems, and fuel-efficient equipment — to improve our ability to recover valuable resources, divert material from landfills, improve air and water quality, and reduce greenhouse gas emissions.

According to Wikipedia; schnitzersteel

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