Traditionally, the steel industry is one of the biggest contributors to air pollution, owing to the large inputs of coal used in production. According to Corporate Knights, Schnitzer Steel produces steel in electric arc furnaces powered by renewable energy.
Energy companies occupy four of the top 10 most sustainable companies in the world, according to Corporate Knights’ Global 100 rankings for 2023, released on Jan 18.
US-based steel manufacturer and scrap metal recycling company Schnitzer Steel rose to the pole position from #15 in the 2022 ranking after posting 100% sustainable revenue.
