Environmental, Social and Governance: Page 10
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Deep Dive
Progress report: Brands face increasing pressure on recyclability claims in 2021
Major corporations have pledged to make big recycling-related changes by 2025, and environmental groups are holding them accountable through reporting requirements, shareholder agreements and lawsuits.
By Megan Quinn • Aug. 12, 2021 -
Deep Dive
Waste-to-energy supporters aim to 'clear the air,' reposition technology as landfill alternative
Recent research shows better performance across multiple environmental measures for WTE versus landfills, but few U.S. communities show an interest in new facilities, and opposition continues to limit growth.
By Cole Rosengren • Aug. 4, 2021 -
RSG 2021 earnings
Republic Services Q2: 'no pause' on M&A after Santek, eyeing environmental solutions deals
The labor shortage and coronavirus pose some uncertainty, the company acknowledged, but it raised guidance based on strong recovery trends. Executives also discussed new landfill gas and recycling opportunities.
By Maria Rachal • July 30, 2021 -
GFL 2021 earnings
GFL launches renewable energy platform, forecasts ample M&A opportunities
While Canada's economic recovery is expected to roll into next year, the company is already seeing pre-pandemic volumes in other areas and big free cash flow gains. A new focus on landfill gas projects may boost that trend.
By Cole Rosengren • July 29, 2021 -
Q&A
Waste Management's first chief sustainability officer aims to expand recycling, organics revenue
In her first Waste Dive interview since starting the new role, Tara Hemmer describes sustainability as a "growth lever" for the industry giant. She also weighs in on the landfill emissions debate, plastics and waste reduction.
By Cole Rosengren • July 26, 2021 -
Too few companies advocate for climate-friendly policies despite lofty goals: report
Only around 40% of the country's top 100 firms lobby for green legislation. We have "run out of time to waste," said sustainability nonprofit Ceres.
By Chris Teale • July 13, 2021 -
'The strongest have survived': Anaerobic digestion companies see clear path to scaling up
Anaergia, BDC, Generate Capital and Vanguard Renewables believe they're poised to expand food waste recycling around the country. ESG trends, rising disposal tip fees and state or local policies are all key drivers.
By Cole Rosengren • July 12, 2021 -
Waste CEOs emphasize labor, ESG and M&A as top priorities after pandemic
Leaders from Waste Management, Republic Services, Waste Connections, GFL Environmental and other groups weighed in on labor solutions, fleet technology and the economy at WasteExpo.
By Cole Rosengren • July 6, 2021 -
'Electric is not easy': LA, NYC look to build capacity for more battery EVs in refuse fleets
"If I ordered a truck and I got it in nine months, it may sit for 14 months waiting for the ability to plug it in," one Los Angeles sanitation official said, highlighting the need to focus on the electricity poised to power upgraded fleets.
By Maria Rachal • July 2, 2021 -
Shifts in attitudes on EPR could mean quicker policy change: Circularity 21
Conference speakers pointed to the U.S. Plastics Pact road map and Ellen MacArthur Foundation's recent endorsements as signs that EPR is coming into its own — as long as state and federal policy can catch up.
By Megan Quinn • June 23, 2021 -
GE announces European partnerships to advance full wind turbine recycling
"Europe may be ahead of the U.S. in requiring recyclable systems, but all will soon follow," said Paul Veers, chief engineer at NREL's National Wind Technology Center.
By Iulia Gheorghiu • June 16, 2021 -
Waste Management looks to surpass 80% CNG collection fleet
With 70% of its routed fleet already there, that goal is for the next five to seven years. “We're going to continue to buy predominantly CNG where the opportunity exists," said COO John Morris, following a new fleets report.
By Maria Rachal • June 2, 2021 -
Moving from value to values: an ESG assessment
CFOs should create a new agenda around "the three R's": risk, regulation and returns, in an effort to better understand the trade-offs between economic outcomes and broader value outcomes, panelists said at Gartner's CFO & Finance Executive Conference.
By Jane Thier • May 28, 2021 -
Plastic resin makers launch $25M recycling fund for PP, PE plastics
Dow, LyondellBasell and Nova are working with Closed Loop Partners to invest up to $100 million in projects meant to develop markets for polypropylene and polyethylene, two resins that face market and recycling challenges.
By Megan Quinn • May 26, 2021 -
Republic shareholders reject ESG-linked pay proposal while industry sees another year of rising CEO compensation
A recent Teamsters-backed effort to tie executive compensation to environmental performance was unsuccessful. Meanwhile, the pay gap between solid waste CEOs and median employees continues to widen.
By Cole Rosengren • May 25, 2021 -
Waste Management offering no-cost education for employees' dependents to improve retention
The program will expand in 2022 to include employees' nearly 34,000 benefits-eligible dependents, and will be a "key differentiator" for the company, said Chief People Officer Tamla Oates-Forney.
By Emilie Shumway • May 20, 2021 -
Solid waste companies talk disposal pricing, ESG and Biden in Q1 earnings outlooks
Waste Management, Republic Services, Waste Connections, GFL Environmental, Covanta and Casella Waste Systems leaders commented on pandemic recovery trends and other pressing topics.
By Cole Rosengren • May 10, 2021 -
Companies ignoring ESG may become 'uninvestable,' says investment bank chief
Interest in sustainability goals is growing "enormously," and companies that ignore the trend risk rejection by investors, according to Larry Wieseneck, co-president of investment bank Cowen.
By Jim Tyson • May 10, 2021 -
Environmental justice and diversity should be priorities for recyclers, ISRI panelists say
Speakers at ISRI's annual convention stressed the importance of fostering meaningful relationships in environmental justice communities where they operate, both to mitigate harm and to prepare for potential regulation.
By Megan Quinn • May 4, 2021 -
WM 2021 earnings
Waste Management raises guidance as pandemic recovery accelerates, predicts possible labor headwind
Pricing and the Advanced Disposal acquisition were key first quarter boosts. Executives also announced a new chief sustainability officer and weighed in on the Biden administration's infrastructure proposal.
By Cole Rosengren • April 27, 2021 -
Washington governor signs minimum recycled content bill
Washington will become the second state to set requirements for the makeup of plastic beverage containers and trash bags. It will also become the latest state to pass a ban on expanded polystyrene containers this year.
By Megan Quinn • Updated May 18, 2021 -
Plastics Recycling Conference debates aspirational recycling goals as deadlines approach
Numerous organizations, companies and governments have pledged to meet recycling-related goals by as early as 2025. Panelists discussed what could help achieve these targets, despite skepticism.
By Megan Quinn • April 14, 2021 -
Businesses urge Biden to set ambitious federal climate target
Vanguard Renewables and Sims Limited joined hundreds of other businesses and investors in a call for the U.S. to cut greenhouse gas emissions at least 50% below 2005 levels by 2030
By Cailin Crowe • April 13, 2021 -
Q&A
Ron Gonen on 'waste profiteers,' transforming the recycling industry and getting serious about ESG
The Closed Loop Partners CEO and author of new book "The Waste-Free World" shares his views on how CPG companies, service providers, local governments and consumers must adapt to build a more circular economy.
By Cole Rosengren • April 8, 2021 -
NERC conference explores EPR, refillable bottle and circular economy possibilities
Panelists at the Northeast Recycling Council's spring conference covered how lessons learned from Canada and Europe could help improve U.S. recycling systems while also debating the merits of chemical recycling.
By Megan Quinn • April 7, 2021