Radius Recycling Named One of the 2024 World's Most Ethical Companies
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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