PHOENIX, July 22, 2021 /PRNewswire/
-- Republic Services, Inc. (NYSE: RSG) has released its annual
sustainability report, highlighting the Company's enhanced approach
to climate leadership and tracking progress toward its ambitious
2030 sustainability goals. The Company's sustainability
achievements in 2020 included a 5 percent reduction in operational
greenhouse gas emissions and an increase in the recycling of key
materials to support the circular economy.
"Republic Services plays a vital role in providing sustainable
solutions to our customers and making the planet a better place now
and for future generations," said Jon Vander Ark, president and
chief executive officer. "We continue to make steady progress
toward our 2030 sustainability goals and are excited about
innovations and technologies under development that will accelerate
our impact."
Republic's sustainability platform is anchored by its Elements
of Sustainability, which are deeply integrated into its business
and form the basis of the Company's 2030 goals. This year, the
platform evolved to align the Company's climate-related goals under
a new Climate Leadership element. The Company reported positive
strides toward its climate goals, with a reduction in overall
emissions, an increase in circularity of recyclable commodities and
organics, and numerous renewable energy projects under
development.
Additional highlights include:
Safety: The Republic Services team recorded a
significant 21 percent reduction in overall safety incidents,
making 2020 its safest year on record.
Human Capital: Amid the challenges of a global
pandemic, Republic maintained an employee engagement score of 85
percent, well above industry and overall benchmarks.
Climate Leadership: Republic has made an
industry-leading commitment to fleet electrification, and in 2020,
its first electric collection truck pilot began service.
Communities: Through the Republic Services
Charitable Foundation, the Company contributed $5 million to neighborhood and small business
revitalization, positively impacting 2.1 million people.
Throughout 2020 and the challenges of the COVID-19 pandemic,
Republic Services remained committed to its customers, its
communities and its team. That commitment included its nearly
$35 million Committed to Serve
initiative, which provided key support to small businesses, local
economies and frontline team members.
In 2020, Republic was named to the Dow Jones Sustainability
Indices for the fifth consecutive year, receiving an
industry-leading score for its climate strategy. The Company also
was recognized as one of Ethisphere's World's Most Ethical
Companies, 3BL Media's 100 Best Corporate Citizens and Forbes' Best
Employers for Women. Since then, Republic has been named to
Barron's 100 Most Sustainable Companies and Fortune's World's Most
Admired Companies rankings.
Republic Services is committed to transparency and disclosure
through its sustainability reporting. In addition to the 2020
Sustainability Report, the Company issued its 2020 Sustainability
Accounting Standards Board (SASB) Report and 2020 Global
Reporting Initiative (GRI) Report. Earlier this year, Republic
released its inaugural report aligned with the recommendations of
the Task Force on Climate-related Financial Disclosures, which was
the industry's first comprehensive TCFD reporting.
To learn more about Republic Services' sustainability platform
and to download the 2020 Sustainability Report, visit
RepublicServices.com/sustainability.
About Republic Services
Republic Services, Inc. is a leader in the U.S. environmental
services industry. Through its subsidiaries, the Company provides
superior customer experience while fostering a sustainable Blue
Planet® for future generations to enjoy a cleaner, safer
and healthier world. For more information, visit
RepublicServices.com, or follow us at
Facebook.com/RepublicServices, @RepublicService on Twitter or
Republic Services on LinkedIn.
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SOURCE Republic Services, Inc.