Sims Metal Management Named One of the Global 100 Most Sustainable Corporations in the World for Fifth Consecutive Year

Sims Metal Management Named One of the Global 100 Most Sustainable
Corporations in the World for Fifth Consecutive Year

SYDNEY, Australia and NEW YORK, Jan. 23, 2013 (GLOBE NEWSWIRE) -- Sims Metal
Management (the "Company") has been designated as one of the Global Top 100
Most Sustainable Corporations for the fifth consecutive year. The list,
compiled by sustainable business publication Corporate Knights, was announced
at the 2013 World Economic Forum in Davos, Switzerland.

Sims Metal Management ranked number 15 on the worldwide rankings. The Global
100 rankings recognizes companies that consistently demonstrate superior
leadership and performance on a range of environmental, social and governance
policies relative to their industry peers. Companies on the list are
considered better equipped than their competitors to thrive and succeed in the
long-term due to the sustainable and fully integrated approach used to manage
their businesses.

Group Chief Executive Officer Dan Dienst commented, "It is a great honour to
be included for the fifth year on the Global Top 100 Most Sustainable
Corporations list. This would not have been possible if not for the
contributions of our 6,600 hardworking people at our 270 facilities across the
globe. We have remained committed to our mission of doing well by doing good.
We do not believe the two are mutually exclusive. Instead, we believe that
business success in the 21^st century is predicated on the successful
integration of sustainability into every aspect of what we do as a company,
from protecting the environment, keeping our people and facilities safe,
respecting the communities in which we live and operate, and focusing on
energy efficiency. All of these initiatives have a direct relationship on the
creation of value for our shareholders."

Criteria used in compiling the Global Top 100 Most Sustainable Corporations
list include ethical and responsible decision-making, recognizing the
interests of stakeholders, respecting the rights of shareholders, and
communication with customers, investors, regulators and policymakers. Taken
together, the Corporate Knights ranking determines the Company's position as a
leading sustainable enterprise in the world, both environmentally and from a
stakeholder perspective.

Sims Metal Management was added as a component of the Dow Jones Sustainability
Index World in September 2012 and has been listed in RobecoSAM's Anniversary
Edition of the Sustainability Yearbook 2013, the world's most comprehensive
publication on corporate sustainability. 

About Sims Metal Management

Sims Metal Management is the world's largest listed metal recycler with
approximately 270 facilities and 6,600 employees globally. Sims' core
businesses are metal recycling and electronics recycling. Sims Metal
Management generated approximately 88 percent of its revenue from operations
in North America, the United Kingdom, Continental Europe, New Zealand and Asia
in Fiscal 2012. The Company's ordinary shares are listed on the Australian
Securities Exchange (ASX:SGM) and its ADRs are listed on the New York Stock
Exchange (NYSE:SMS). Please visit our website (www.simsmm.com) for more
information on the Company and recent developments.

The Sims Metal Management logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=16674

CONTACT: Media inquiries
         Daniel Strechay
         Group Director - Communications & Public Relations
         Tel: +1 212 500 7430

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