Investing in Recycling: Q&A with Sims Limited (ASX:SGM)

Join our latest Bloom Q&A spotlight, where our team sits down with one of the companies in our Fund to talk about investing trends and climate impact. It’s your opportunity to meet directly with companies you invest in and learn more about your impact.

This month we’ll be spotlighting Sims LTD (a holding in the Bloom Climate Impact Fund), an innovative business focused on the circular economy by providing reuses of IT assets, curbside recycling and cloud infrastructure. In 2021 they experienced a 20.5% rise in sales revenue, with the highest selling product being ferrous metal for $4288.9 million.

We’ll be joined by Blaise Porter, Sims Sustainability & CSR Director. Blaise has over 10 years of experience managing environmental standards and is now working for Sims Limited to further her passion for sustainability.

Together, we can ask questions and learn from Blaise how Sims, a business within the Climate Impact Fund, reduces C02 emissions.

During the event, we’ll explore:

• Blaise Porter’s journey with SIMS and driving sustainability
• Metal recycling & electronics recovery: issues and opportunities
• Municipal recycling industries: how does Sims tackle municipal waste - why municipal waste is so important in terms of climate impact
• How does Sims embed sustainability in its process and company vision
• What future trends and opportunities will Sims benefit from (increasing carbon pricing pressure? or stricter carbon targets?)
• What impact can we hope to make when we invest in Sims?

Watch the full recording and presentation here.

Disclaimer: All information is general information only. This event is prepared by Bloom Impact Investment Services Pty Ltd (ACN 651 965 098 AR 001294778), who is an authorised representative of Cache Investment Management Pty Ltd (ACN 624 306 430 AFSL 514 360) (Cache).