CHENNAI, India -- India. (December 10, 2014) – The India Parivartan Awards names Sims Recycling Solutions a Sustainability Innovation Challenge Award winner in Electronic Waste Management Solutions.

Sims prevailed over competing companies in part due to its innovative model of maintaining an online portal which encourages individual consumers to improve their green footprint by engaging in electronics reuse and recycling.

“This award signifies our continued drive to foster innovation and efficiency in managing electronic waste,” said Steve Skurnac, president of Sims Recycling Solutions. “It is great to work in a nation that aligns with our goals and is making advancements toward a sustainable future.”

The interview processes consisted of two rounds of rigorous reviews and discussions surrounding Sims sustainability efforts.

“Sims received attention for helping develop a story on online marketplaces for e-waste disposal and wrote an article on the Indian e-waste scenario,” stated Anand Narasimhan, director of Sims Recycling Solutions, India. “In addition, Sims sustainability footprint was analyzed by the board during rounds of deliberation.”

The Parivartan Awards were instituted by Sustainability Outlook, India's leading forum on corporate sustainability issues, to recognize companies and individuals in India that have demonstrated comprehensive business leadership in sustainability. Parivartan Awards are hosted at the Annual Summit of Sustainable Business Leadership Forum, which brings together more than 250 senior business leaders and industry experts to discuss the transition toward sustainable business practices.

Sims Recycling Solutions

Sims Recycling Solutions (www.SimsRecycling.com) is the global leader in electronics reuse and recycling. We have over 20 years’ experience in comprehensive IT asset disposition and mobile device refurbishment services. Sims provides disposition services for all types of retired electronic equipment to local, national and global customers in every business sector including data centers, healthcare, financial service and technical organizations.

As a part of Sims Metal Management Limited, the world’s largest publicly listed metal and electronics recycler, Sims Recycling Solutions has the global reach, expertise, and infrastructure necessary to ensure to our customers that all electronic devices are processed in a secure and environmentally responsible manner.

Sims international footprint of operations across 20 countries, enable us to offer a global scope of services on myriad local fronts.

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This release may contain forward-looking statements, including statements about Sims Metal Management’s financial condition, results of operations, earnings outlook and prospects. Forward-looking statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project” and other similar words and expressions.

These forward-looking statements involve certain risks and uncertainties. Our ability to predict results or the actual effects of our plans and strategies is subject to inherent uncertainty. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed and identified in filings we make with the Australian Securities Exchange and the United States Securities and Exchange Commission (“SEC”), including the risk factors described in the Company’s Annual Report on Form 20-F, which we filed with the SEC on 16 October 2013.

Because these forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release.

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All references to currencies, unless otherwise stated, reflect measures in Australian dollars.


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