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Sustainability / Environment

Introduction

Schnitzer is committed to operating its businesses in an environmentally responsible manner and to the practice of sustainable recycling. Fundamental to the scrap and secondary metals industry, our businesses recognize the importance of maximizing metals recovery, waste diversion and natural resource conservation.

Today, we are making responsible investments in new technology to enhance the recovery of ferrous and nonferrous metals and to recycle other valuable materials while meeting customer quality needs, minimizing environmental impacts and reducing our environmental footprint.

Our scrap metal processing operations recover an average of 336 pounds of metal every second. This makes Schnitzer one of North America's largest metal recyclers.

Our Metals Recycling Business (MRB) diverts steel and other metals from landfills and puts this material to productive use throughout the world. Every ton of recycled steel used in the manufacturing of new steel conserves 2,500 pounds of raw iron ore, 1,400 pounds of raw coal and 120 pounds of raw limestone. It also reduces the greenhouse gas emissions associated with mining virgin iron ore for ore-based steel production. For every ton of scrap metal recycled, approximately 6.79 tons of carbon dioxide equivalent emissions are avoided.

Our Auto Parts Business (APB) represents a growing network of self-service auto parts retail stores and end-of-life vehicle recycling facilities. By providing affordable used auto parts to consumers across the United States and Canada, we support the concept of re-use. By processing end-of-life vehicles we support the concept of recycling. Every year we recycle more than 350,000 cars and for each car recycled approximately 9 tons of carbon dioxide equivalent emissions are avoided.

Our Steel Manufacturing Business (SMB) employs highly efficient and sustainable business practices which are continuously evaluated for improvement. For example, our electric arc furnace (EAF) produces new steel products from scrap steel using 75% less energy than furnaces used in ore-based steel production. Additionally, while 50% of the water used during EAF production evaporates, the remaining 50% is re-used up to six times to conserve water resources.

As we look to the future, sustainability and environmental compliance will remain central to our business success, providing additional opportunities to maximize value from scrap metal and other recyclables.

The following pages highlight how Schnitzer's operations and products represent the essence of a sustainable enterprise and demonstrate our commitment to operate with environmentally conscious practices.

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