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Sims Limited Signs Global Agreement on Climate Policy Engagement

Sims Limited and joint venture partner LMS Energy announced that they are the latest signatories of the Action Declaration on Climate Policy Engagement.

December 02, 2022. By News Bureau

Sims Limited and joint venture partner LMS Energy announced that they are the latest signatories of the Action Declaration on Climate Policy Engagement. 
 

The declaration, a joint initiative of Corporate Knights and the Global 100 Council, was announced recently at COP27, the 2022 United Nations Climate Change Conference in Sharm el-Sheikh, Egypt.

This action garnered the support of more than 50 global companies that are committed to ensuring their climate policy engagement, and that of their industry associations, helps to address climate change, not stall it.

It brings together corporate leaders who are committed to improving public–private policy engagement to move the world toward the clean economy needed to address climate change.

The signatory companies that signed the declaration represent major industries from mining and finance to healthcare and technology. Their almost US$900 billion in combined annual revenues account for one percent of the global gross domestic product.

"This year, Sims Limited assessed the climate policy positions of our industry associations as part of our shareholder-endorsed climate action plan and disclosed the results," said Alistair Field, chief executive officer and managing director at Sims Limited. "Signing this agreement and committing ourselves to meeting the goals of the Paris Agreement is a very important step in our multi-year sustainability strategy. It signals our continued transparency in climate advocacy to address the shared global challenge of climate change."

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