Integrity

At Schnitzer, integrity is a core value of every relationship. We treat employees, customers, partners, suppliers, investors and the public with respect, fairness and integrity and we expect the same in return. Our employees are instructed to act ethically in all business dealings. We make clear this is not something that should be done sometimes, or often but ALWAYS.

As one of our Company's guiding principles, integrity means:

  • Doing the right thing for the right reasons.
  • Honoring and fulfilling our commitments and agreements as responsible citizens and employees.
  • Doing the right thing even when it may be more convenient or advantageous to take another approach.
  • Being honest, straightforward and transparent in our communications at all times — what you see is what you get.
  • Doing what we say we are going to do.
  • Only working with honest companies who are equally dedicated to doing business in an ethical manner.
  • When mistakes are made, acknowledging them, learning from them and not repeating them.
  • Never compromising our values.

We have adopted a Code of Conduct reflecting our values and expectations of integrity which all employees, officers and directors observe. Our sense of responsibility extends to leadership in protecting the environment and being good citizens in the communities where we are located.

Schnitzer's Executive Team maintains open lines of communication among employees and the Board of Directors to engage in continuous improvement throughout our organization.

Human Rights

Integrity, including respect for human rights, is a core value of the Company and fundamental to Schnitzer's commitment to operating responsibly and sustainably. Our values reflect our belief that every individual has inherent worth. We have adopted a policy affirming these values and our commitment to upholding the internationally recognized human rights as set forth in the United Nations' Universal Declaration of Human Rights and the International Labor Organization's Declaration on Fundamental Principles and Rights at Work.

We oppose the use of child or forced labor and human trafficking. We advocate for safe and healthy working conditions and a workplace free from violence, harassment, and intimidation. We educate our managers and employees to identify, prevent and report potential human rights abuses that may occur in the course of our business activities.

To further explore our commitment to support human rights, we encourage you to read our Human Rights Policy.

Conflict Minerals

We are aware that trade in certain minerals — cassiterite, columbite-tantalite, gold, wolframite, and their derivatives tin, tantalum and tungsten (3TG) — originating in the Democratic Republic of Congo (DRC) and its adjoining countries (Covered Countries) has been associated with human rights abuses.

We have complied with the regulations under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act related to the due diligence, disclosure and reporting requirements regarding 3TG. We have in good faith concluded that any 3TG that may be included in our products came from recycled or scrap sources, which are considered "DRC conflict free" under current U.S. law.

For more details, please see our most recent Form SD Specialized Disclosure Report.