--- description: Find out why Schnitzer Steel Industries was selected for the list title: TIME100 Most Influential Companies 2023: Schnitzer Steel Industries image: https://static.time.com/v3/assets/bltea6093859af6183b/bltaf109db908edf75d/698a3dcc47ca3830c03badb3/time100-companies-Schnitzer-Steel-2023.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Jun 21, 2023 # Schnitzer Steel Industries Better metal by Alison Van Houten  Schnitzer Steel Industries nonferrous metals. Schnitzer Steel Industries nonferrous metals.Courtesy of Schnitzer Steel Industries From screws to skyscrapers, steel shapes our world. But the industry is also responsible for 8% of global CO2 emissions. Scrap-metal recycler Schnitzer Steel Industries, which also makes finished products, is blazing a better path. In 2023, it was named the most sustainable company in the world by research firm Corporate Knights. “Was I surprised? No,” says CEO [**Tamara ­Lundgren**](https://www.schnitzersteel.com/company/about-schnitzer/management-executive-team "undefined")**.** Schnitzer’s facilities are run by net-carbon-­free electricity, and it has reduced greenhouse-gas emissions by 24% since 2019\. Last year it introduced net-zero-carbon GRN Steel products—carbon offsets and renewable-­energy credits address manufacturing emissions—­proving that sustainable steel can be feasible and profitable. _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._ [_Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies "undefined"). ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies-2023/6285214/schnitzer-steel-industries/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies-2023/6285214/schnitzer-steel-industries/"},"headline":"TIME100 Most Influential Companies 2023: Schnitzer Steel Industries","datePublished":"2023-06-21T10:55:40.000Z","dateModified":"2026-03-03T00:16:11.336Z","description":"","url":"https://time.com/collections/time100-companies-2023/6285214/schnitzer-steel-industries/","keywords":["TIME100 Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltaf109db908edf75d/698a3dcc47ca3830c03badb3/time100-companies-Schnitzer-Steel-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"TIME Staff","jobTitle":null,"url":"https://time.com/author/time-staff/"}],"creator":"TIME Staff","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltaf109db908edf75d/698a3dcc47ca3830c03badb3/time100-companies-Schnitzer-Steel-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies-2023/6285214/schnitzer-steel-industries/","name":"TIME100 Most Influential Companies 2023: Schnitzer Steel Industries"}}]}] ```