WM Highlights Investments in Its People, Recycling and Renewable Natural Gas in 2021 Sustainability Report
October 13 2021 - 11:50AM
Business Wire
Report Outlines Continued Momentum on WM
Sustainability Goals through 2038
Waste Management (NYSE: WM) today announced the release
of the WM 2021 Sustainability Report, where the company noted
progress against its 2025 and 2038 sustainability goals around
people, customers, environment and community, including key
investments made through early 2021 to further the company’s
sustainability agenda. The company’s goals align to eight of the
United Nations Sustainable Development Goals (SDGs) where WM can
have the greatest impact.
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the full release here:
https://www.businesswire.com/news/home/20211013005891/en/
2021 WM Sustainability Report Overview:
Our 2021 Sustainability Report shows how WM people are doing their
part to support our communities while creating new value from
waste. WM is leading across several areas that impact our people,
communities, environment and customers. (Graphic: Business
Wire)
This year’s report focuses on the people behind the progress WM
made in the past year, and how they are doing their part to take
care of WM’s customers, neighbors and the environment in
communities across North America.
“As we continued to provide an essential service to customers
and communities across North America, we are proud to have been
able to invest in our team members as part of our sustainability
progress,” said Jim Fish, president and chief executive officer,
WM. “This included guaranteed pay for 40 hours of work per week for
all full-time hourly employees, regardless of COVID-19 related
service decreases, as well as our most-recently announced Your
Tomorrow program that pays for team members’ education and
upskilling opportunities with expansion to their dependents in
2022.”
In addition to an investment in its people, highlights from
the WM 2021 Sustainability Report include how WM:
- Invested $100 million in new recycling infrastructure
technology in 2020.
- Continues to make strides in fleet emissions reduction,
lowering its absolute greenhouse gas (GHG) emissions by 16 percent
in 2020, and powering 55 percent of its more than 19,000 fleet of
vehicles with renewable natural gas (RNG). WM is also building
facilities to capture and process landfill gas into RNG, with
approximately 20 projects in early stages of development across
North America.
- Increased demand for recycled content by collaborating with
Unifi to create WM team member uniforms made of REPREVE fiber woven
with recycled plastic.
- Moved into WM’s new corporate headquarters in Houston, which is
the first LEED v4 Platinum Core and Shell-certified project in the
U.S. The building is designed to offset 100 percent of its
electricity consumption with renewable energy.
- Fosters creative dialogue around protecting the planet and
driving change through the annual WM Sustainability Forum and a new
web series, “Together Today, For Tomorrow.”
“I’m extremely proud of our team’s work to advance our
sustainability agenda to not only propel our company forward, but
encourage our customers, industry and others to make progress on
sustainability,” said Tara Hemmer, SVP and chief sustainability
officer, WM. “For the fourth year, we’ve been able to make record
investments in recycling technology at our material recovery
facilities and have already exceeded our 2025 target to have more
than half of our compressed natural gas fleet powered by RNG. But
even as we’ve had strong accomplishments, we continue to strive to
do more and set a higher bar for our sustainability initiatives.
Now more than ever, we are confident that the investments we are
making will help us unlock new solutions so our company and
communities throughout North America can thrive.”
WM committed to setting a Science-Based Target initiative (SBTi)
emissions reduction goal in 2022 and recently improved its
environmental, social and governance (ESG) disclosure, as
recognized by third-party rating organizations. WM continues to be
the only company in its industry to publish details about its
landfill sites using the EJSCREEN tool, which uses nationally
consistent data to identify and quantify factors related to
demographic indicators and environmental quality and health.
Visit WM’s sustainability website at
https://sustainability.wm.com/ for the full report and to learn
more about how the company is always working for a sustainable
tomorrow.
ABOUT WASTE MANAGEMENT
WM (Waste Management) is the leading provider of comprehensive
environmental services in North America. Through its subsidiaries,
WM provides collection, transfer, disposal services, and recycling
and resource recovery. It is also a leading developer, operator,
and owner of landfill gas-to-energy facilities in the United
States. To learn more information about WM, please visit
wm.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20211013005891/en/
Media: Natalie Ilseng,
nilseng@wm.com Analysts:
Ed Egl, eegl@wm.com
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