They are also aligned with the issues that matter to our stakeholders, as detailed in our Sustainability Materiality Assessment.
In fiscal 2019, Schnitzer established its first holistic set of enterprise-wide sustainability goals—focused on People, Planet, and Profit. Even considering the diversity of challenges we faced in fiscal 2020 due to the pandemic, we made significant progress toward meeting these ambitious goals. For example, Schnitzer exceeded its 90 percent carbon-free electricity goal in fiscal 2020, well before our target date of fiscal 2025. Accordingly, we aimed even higher, and are now targeting 100 percent net carbon-free electricity use by the end of fiscal 2022.