Radius Recycling Named One of the 2024 World’s Most Ethical Companies
05 March 2024 - 12:30AM
Business Wire
Company Honored with Title for Ten Consecutive Years
Radius Recycling, Inc. (NASDAQ: RDUS), a global leader in metals
recycling, has been recognized as one of the 2024 World’s Most
Ethical Companies by Ethisphere, a world leader in defining and
advancing the standards of ethical business practices. Radius is
among this year’s 136 honorees spanning 20 countries and 44
industries.
This is the tenth consecutive year in which Radius has earned
its place among Ethisphere’s honorees, a distinguished group of
companies building capable and empowered workforces and fostering
corporate cultures focused on ethics and purpose.
“We are honored to be recognized as one of the World’s Most
Ethical Companies for the tenth consecutive year,” said Tamara
Lundgren, Chairman and Chief Executive Officer. “To be included on
this prestigious list reflects the continued and steadfast
commitment of all our employees to living our Core Values of
Safety, Sustainability, and Integrity. Our ethics and integrity
have been hallmarks of our Company for over a century, and I am
truly proud of the dedication of our employees to serving our
customers and suppliers, supporting our communities, and treating
each other and all our stakeholders in accordance with these
principles.”
“As one of our Core Values, integrity is at the center of all
that we do,” said Eric Sork, Vice President & Chief Ethics
Officer. “We are immensely proud to sustain our ranking as one of
the World’s Most Ethical Companies, alongside a global community
dedicated to upholding ethical standards and raising the bar on
social responsibility.”
“It’s always inspiring to recognize the World’s Most Ethical
Companies. Through the rigorous review process, we see the
dedication of these organizations to continually improving their
ethics, compliance, and governance practices to the benefit of all
stakeholders,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy
Officer and Executive Chair. “Companies that elevate best-in-class
cultures of ethics and integrity set a standard for corporate
citizenship for their peers and competitors to follow.
Congratulations to Radius for achieving this honor and
demonstrating that strong ethics is good business.”
Methodology & Scoring
The World’s Most Ethical Companies® assessment is grounded in
Ethisphere’s proprietary Ethics Quotient®, an extensive
questionnaire that requires companies to provide over 240 different
proof points on their culture of ethics; environmental, social, and
governance (ESG) practices; ethics and compliance program;
diversity, equity & inclusion; and initiatives that support a
strong value chain. That data undergoes further qualitative
analysis by our panel of experts who spend thousands of hours
vetting and evaluating each year’s group of applications. This
process serves as an operating framework to capture and codify
truly best-in-class ethics and compliance practices from
organizations across industries and from around the world.
Honorees
To view the full list of this year’s honorees, please visit the
World’s Most Ethical Companies website, at:
https://worldsmostethicalcompanies.com/honorees/.
About Radius Recycling, Inc.
Radius Recycling, Inc. is one of the largest manufacturers and
exporters of recycled metal products in North America with
operating facilities located in 25 states, Puerto Rico, and Western
Canada. Radius has seven deep water export facilities located on
both the East and West Coasts and in Hawaii and Puerto Rico. The
Company’s integrated operating platform also includes 50 stores
which sell serviceable used auto parts from salvaged vehicles and
receive over 4.1 million annual retail visits. The Company’s steel
manufacturing operations produce finished steel products, including
rebar, wire rod and other specialty products. The Company began
operations in 1906 in Portland, Oregon.
About Ethisphere
Ethisphere is the global leader in defining and advancing the
standards of ethical business practices that strengthen corporate
brands, build trust in the marketplace, deliver business success.
Ethisphere has deep expertise in measuring and defining core ethics
standards using data-drive insights that help companies build
strong cultures of ethics and integrity. Ethisphere honors superior
achievement through its World’s Most Ethical Companies® recognition
program, provides a community of industry experts with the Business
Ethics Leadership Alliance (BELA), and showcases trends and best
practices in ethics with Ethisphere Magazine. Ethisphere also
advances business performance through data-driven assessments,
guidance, and benchmarking against its unparalleled data: the
Culture Quotient dataset reflecting the ethical business practices
of 3+ million employees around the world; and the Ethics Quotient
dataset, featuring 240+ data points on the ethics, compliance,
social, and governance practices of the World’s Most Ethical
Companies. For more information, visit https://ethisphere.com/.
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Radius Recycling
Public Affairs & Communications: Eric Potashner
415-624-9885 epotashner@rdus.com
Investor Relations: Michael Bennett 503-323-2811
mcbennett@rdus.com
Company Info: radiusrecycling.com ir@rdus.com
Ethisphere Media Contact Anne Walker
Anne.Walker@Ethisphere.com
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