Schnitzer

Schnitzer Steel Named Most Sustainable Company in the World by Corporate Knights

Retrieved on: 
Wednesday, January 18, 2023

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), a global leader in metals recycling, has been named the most sustainable company in the world by Corporate Knights, a leading media and research organization focused on corporate sustainability performance.

Key Points: 
  • Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), a global leader in metals recycling, has been named the most sustainable company in the world by Corporate Knights, a leading media and research organization focused on corporate sustainability performance.
  • This year’s index included continued growth in the overall portion of corporate revenues and investments aligned with the sustainable economy,” said Toby Heaps, CEO, Corporate Knights.
  • In addition to Corporate Knights’ Global 100 ranking, Schnitzer has been recognized by several organizations for leading performance in sustainability, including on the topics of ethics, transparency, responsible operations, and employee engagement.
  • The Company also received the Sustainable Markets Initiative’s Terra Carta Seal, was recognized by the CDP for performance on climate and water and was rated by EcoVadis for performance in sustainable procurement.

CCIM Institute Announces 2023 Executive Management Team

Retrieved on: 
Thursday, January 5, 2023

David Schnitzer, CCIM, partner at ASCEND Commercial Real Estate in Dallas, will serve as 2023 CCIM Institute president.

Key Points: 
  • David Schnitzer, CCIM, partner at ASCEND Commercial Real Estate in Dallas, will serve as 2023 CCIM Institute president.
  • He served as a CCIM Institute presidential liaison in 2017, 2018, and 2020 and as president of CCIM Technologies in 2015.
  • 2023 CCIM Institute First Vice President, Steve Rich, CCIM, is senior director of retail services with Colliers International in Charlotte, N.C.
  • 2023 CCIM Institute Treasurer-Elect, Jim Tansey, CCIM, is president of Hawkeye Real Estate Investment Co., and Hawkeye Commercial Real Estate, a full-service commercial brokerage and property management firm serving eastern Iowa and western Illinois.

First Quarter Fiscal 2023 Preliminary Results and Announcement of Earnings Date

Retrieved on: 
Monday, December 19, 2022

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today announced preliminary results for its fiscal 2023 first quarter ended November 30, 2022.

Key Points: 
  • Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today announced preliminary results for its fiscal 2023 first quarter ended November 30, 2022.
  • The preliminary information provided above is based on the Company’s current estimates of its financial results for the quarter ended November 30, 2022 and remains subject to change based on final review of the Company’s first quarter financial results.
  • The Company will report financial results for its fiscal 2023 first quarter ended November 30, 2022 on Thursday, January 5, 2023.
  • The Company will host a webcast conference call to discuss the results at 11:30 a.m. Eastern Time on the same day.

Schnitzer Steel Highlights Achievements on People, Planet, and Profit Goals in Its Fiscal Year 2022 Sustainability Report

Retrieved on: 
Thursday, December 15, 2022

Almost 10 years ago, we created a Sustainability framework based on three pillars: People, Planet, and Profit.

Key Points: 
  • Almost 10 years ago, we created a Sustainability framework based on three pillars: People, Planet, and Profit.
  • As part of the execution of the Companys long-term Sustainability strategy, Schnitzer updated its multi-year Sustainability goals.
  • The Companys Fiscal 2022 Sustainability Report details both progress toward achieving these multi-year goals as well as programs, projects, and initiatives that make this progress possible.
  • Our Fiscal 2022 Sustainability Report underscores the deliberate steps we are taking to further integrate our Sustainability goals into the fabric of our operations, commented Judodine Nichols, Chief Sustainability Officer.

Metal Products Manufacturers Launch Net Zero Carbon Products To Reduce Carbon Emission During The Manufacturing Process - By The Business Research Company

Retrieved on: 
Monday, December 5, 2022

LONDON, Dec. 5, 2022 /PRNewswire/ --Companies in the metal products market are focusing on the launch of net zero carbon products to limit the scope of carbon emissions generated during manufacturing process through a carbon offset and renewable energy credit purchase program.

Key Points: 
  • LONDON, Dec. 5, 2022 /PRNewswire/ --Companies in the metal products market are focusing on the launch of net zero carbon products to limit the scope of carbon emissions generated during manufacturing process through a carbon offset and renewable energy credit purchase program.
  • For example, in March 2022, Schnitzer Steel Industries, Inc., US-based manufacturers and exporters of recycled metal products, announced the launch of GRN SteelTM, a line of net zero carbon products from its Cascade Steel manufacturing operations located in McMinnville, Oregon.
  • The launch of GRN SteelTM also represents an important step towards achieving Schnitzer's sustainability goal of Net Zero Emissions by 2050.
  • As per the metal products market outlook , metal consumption by the aerospace sector will contribute towards driving the metal products market during the forecast period.

Metal Products Manufacturers Launch Net Zero Carbon Products To Reduce Carbon Emission During The Manufacturing Process - By The Business Research Company

Retrieved on: 
Monday, December 5, 2022

LONDON, Dec. 5, 2022 /PRNewswire/ --Companies in the metal products market are focusing on the launch of net zero carbon products to limit the scope of carbon emissions generated during manufacturing process through a carbon offset and renewable energy credit purchase program.

Key Points: 
  • LONDON, Dec. 5, 2022 /PRNewswire/ --Companies in the metal products market are focusing on the launch of net zero carbon products to limit the scope of carbon emissions generated during manufacturing process through a carbon offset and renewable energy credit purchase program.
  • For example, in March 2022, Schnitzer Steel Industries, Inc., US-based manufacturers and exporters of recycled metal products, announced the launch of GRN SteelTM, a line of net zero carbon products from its Cascade Steel manufacturing operations located in McMinnville, Oregon.
  • The launch of GRN SteelTM also represents an important step towards achieving Schnitzer's sustainability goal of Net Zero Emissions by 2050.
  • As per the metal products market outlook , metal consumption by the aerospace sector will contribute towards driving the metal products market during the forecast period.

Schnitzer Steel Industries, Inc. Appoints Gregory R. Friedman to its Board of Directors

Retrieved on: 
Monday, November 14, 2022

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced that its Board of Directors has appointed Gregory R. Friedman as a new independent director, effective immediately.

Key Points: 
  • Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced that its Board of Directors has appointed Gregory R. Friedman as a new independent director, effective immediately.
  • Mr. Friedman will serve on the Audit Committee and the Compensation and Human Resources Committee of the Board.
  • Over his 30-year career, Mr. Friedman has led business growth through a variety of senior executive roles.
  • I am very pleased to welcome Greg to Schnitzers Board of Directors, said Tamara L. Lundgren, Chairman and Chief Executive Officer of Schnitzer.

Schnitzer Steel Recertified as a Great Place to Work®

Retrieved on: 
Wednesday, October 12, 2022

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), one of North Americas largest manufacturers and exporters of recycled metals, today announced that it has been certified as a Great Place to Work for the second consecutive year.

Key Points: 
  • Schnitzer Steel Industries, Inc. (NASDAQ: SCHN), one of North Americas largest manufacturers and exporters of recycled metals, today announced that it has been certified as a Great Place to Work for the second consecutive year.
  • Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue and increased innovation.
  • Recertification as a Great Place to Work reinforces our collective dedication to maintaining a positive work environment that helps to shape the way our business supports all our stakeholders.
  • The Great Place to Work Certification is based on analysis of confidential survey responses from the Great Place to Work Trust Index Survey.

Fourth Quarter and Fiscal 2022 Preliminary Results and Announcement of Earnings Date

Retrieved on: 
Tuesday, October 4, 2022

Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today announced preliminary results for its fourth quarter and fiscal year ended August 31, 2022.

Key Points: 
  • Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) today announced preliminary results for its fourth quarter and fiscal year ended August 31, 2022.
  • The Company expects fiscal 2022 results to be the second best year in its history.
  • Fourth quarter diluted earnings per share from continuing operations to be in the range of $0.31 - $0.36.
  • The Company will report financial results for its fourth quarter and fiscal year 2022 ended August 31, 2022 on Monday, October 24, 2022.

Schnitzer Steel Expands Role of Chief Strategy Officer and Appoints New Chief Financial Officer

Retrieved on: 
Monday, August 1, 2022

On July 27, 2022, Schnitzers Board of Directors appointed Richard Peach, the Companys Executive Vice President, Chief Financial Officer, and Chief Strategy Officer, to serve as the Companys Executive Vice President and Chief Strategy Officer, effective September 1, 2022, with expansion of scope and responsibility.

Key Points: 
  • On July 27, 2022, Schnitzers Board of Directors appointed Richard Peach, the Companys Executive Vice President, Chief Financial Officer, and Chief Strategy Officer, to serve as the Companys Executive Vice President and Chief Strategy Officer, effective September 1, 2022, with expansion of scope and responsibility.
  • Prior to joining Schnitzer in 2007, Mr. Peach was CFO at PacifiCorp, a leading energy utility in the western United States.
  • On July 27, 2022, the Board also appointed Stefano Gaggini, the Companys Vice President, Deputy Chief Financial Officer, and Chief Accounting Officer, to serve as the Companys Senior Vice President and Chief Financial Officer, effective September 1, 2022.
  • As a result of Richards new role and consistent with our succession planning, Stefano Gaggini, the Companys Deputy Chief Financial Officer, will become the Companys Chief Financial Officer, and Mark Schuessler will become Chief Accounting Officer.