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2022 Sustainability Report
Recycled Metals
for a Low-Carbon

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Our 2022 Sustainability Highlights

Click through each category to view the highlights for the year.


90% of facilities
free of any lost
time injuries

15% increase in participation in our retirement benefits program

Launched The Invitational, Schnitzer’s Company-wide wellness challenge

Donated more than $540,000 to 61 Food Banks across North America

Volunteered 300+ hours during
Earth Month celebrations

Launched GRN Steel™ our line of net zero carbon emissions steel products

Earned ISO Certification at 6 locations

Maintained 100%
net carbon-free
across our operations

Reduced Scope 1 and 2 GHG emissions from recycling operations by 24% versus our 2019 baseline

Recycled more than 5 million metric tons of metals, avoiding approximately 5.5 million metric tons of CO2e emissions1

1 CO2e savings are sourced from the BIR-commissioned study conducted by Imperial College London “Report on the Environmental Benefits of Recycling — 2016 edition, pg. 26.

Achieved second-best fiscal year earnings in Company history

Adjusted EBITDA of $313M2

5% increase in ferrous metals sales
volumes year-over-year

16% increase nonferrous metals sales
volumes year-over-year

Sold 465,000 short tons of finished steel products made from recycled ferrous metals

Delivered operating cashflow of $238M

Added 10 new operating locations through the acquisition of Columbus Recycling and Encore Recycling

2 See use of Non-GAAP Financial Measures in Schnitzer’s FORM 10-K filing.

Our Awards, Recognitions & Certifications

Our Purpose & Vision

We operate at the intersection of metals recovery, reuse, recycling, and manufacturing. Galvanized by a commitment to taking actions that sustain future generations, our people work responsibly to provide products and services our customers and communities trust—as we have since 1906.

Together, we are recycling today for a sustainable tomorrow.

Chairman & CEO Message

Our Core Values

Our Core Values of Safety, Sustainability, and Integrity set clear expectations for all employees and offer a lens through which we make decisions. Our Core Values define our workplace culture and illustrate what matters most to our stakeholders.


Through a dedication to creating a safe work environment and a sustainable safety culture, we continue to make meaningful progress in addressing potential risks. Through consistent employee engagement, we work to ensure everyone goes home safely at the end of each day.


Our business activities promote a future with less waste, more natural resource conservation, and cleaner air. We equip our workforce with the tools and resources they need to succeed and foster partnerships with resilient communities so we can prosper together.


We hold ourselves to the highest standards of ethical behavior. We treat everyone with respect and expect the same in return. We incorporate integrity into every aspect of our operations, working with honesty and treating one another fairly.

About This Report

Schnitzer’s ninth Sustainability Report covers the 2022 fiscal year, which concluded on August 31, 2022. This report details our progress on environmental, social, and governance (ESG) metrics and key performance indicators across the Company’s operations and products and services offerings.