Environmental, Social and Governance: Page 9
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2021 earnings coverage for US waste and recycling companies
Catch up on Waste Dive's quarterly analysis of results from WM, Republic Services, Waste Connections, GFL Environmental and others during 2021.
By Waste Dive Team • Updated Feb. 18, 2022 -
2021 earnings coverage: Waste Connections
For the industry's third-largest company, 2021 continued a trend of heightened M&A activity, new ESG investments and ongoing pandemic recovery.
By Waste Dive Team • Updated Feb. 17, 2022 -
2021 earnings coverage: Republic Services
Revisit Waste Dive's coverage of Republic's earnings reports from an eventful year, which featured ramped up spending on ESG efforts and M&A, including the acquisitions of Santek Waste Services and ACV Enviro.
By Waste Dive Team • Updated Feb. 11, 2022 -
WM 2021 earnings
2021 earnings coverage: WM
The North American waste industry's largest company was focused on integrating Advanced Disposal Services, ramping up recycling investments and maneuvering through pandemic effects throughout the year.
By Waste Dive Team • Updated Feb. 2, 2022 -
Q3 earnings: A complex economic recovery continues, with M&A spending on the rise
Inflation and labor were also cited as notable challenges during recent reports. Catch up on our takeaways from key public companies.
By Waste Dive Team • Updated Nov. 4, 2021 -
WCN 2021 earnings
Waste Connections acquisitions worth $240M in revenue through Q3, at least $100M more anticipated
The company upped its outlook thanks to economic recovery trends and M&A but reported inflationary pressures. CEO Worthing Jackman also described potential vaccine mandates as a notable labor headwind.
By Cole Rosengren • Oct. 28, 2021 -
High aluminum prices, supply chain issues create 'best of times and the worst of times' for recyclers
The light metal has soared out of a slump, with UBC pricing strong and sustainability goals driving demand, yet operators such as Virginia's TFC Recycling say transportation difficulties make it hard to capitalize on that.
By Katie Pyzyk • Oct. 27, 2021 -
Wave of investment just the beginning for EV battery recycling
Within a short period this fall, four lithium-ion battery recyclers saw a collective $255 million worth of investment and another completed a merger. As existing EV batteries age out and new vehicles hit the market, demand is growing fast.
By Jacob Wallace • Oct. 27, 2021 -
Plastic’s GHG emissions could outpace those from coal by 2030: report
New research from nonprofit Beyond Plastics takes a critical look at the plastics industry's climate effects, with renewed criticism of chemical recycling. Major plastics trade groups pushed back on the report.
By Jacob Wallace • Oct. 25, 2021 -
Oregon's new landfill methane emissions rules now strictest in the country
Most sites fall under the new state rule, which requires additional monitoring, testing and permitting requirements based on size. The plan goes further than some federal regulations and could serve as a template for other states.
By Megan Quinn • Oct. 21, 2021 -
Deep Dive
11 CFO tips for riding the rising tide in ESG activism
CFOs eager to steer clear of shareholder activists should publicly embrace sustainability despite flaws in the measurement of best practices.
By Jim Tyson • Oct. 20, 2021 -
California beverage makers struggle to meet upcoming recycled content requirements
Bottlers must use at least 15% postconsumer resin in plastic containers by 2022, and more from there, but a recent CalRecycle report shows many haven't yet hit the mark. PET supply and a strained redemption system are key factors.
By Jacob Wallace • Sept. 30, 2021 -
Loop reusable packaging system expands beyond e-commerce to new stores, including Kroger
TerraCycle's Loop says the new offerings will make it easier for consumers to reduce waste, but industry experts say the program is just one small step toward scaling up reuse systems in a circular economy.
By Megan Quinn • Sept. 28, 2021 -
Q&A
Upstream CEO sees huge potential in burgeoning reuse-refill sector, including for haulers
Matt Prindiville, head of a nonprofit focused on holistic waste solutions, is at the center of discussions with brands and activists alike about not just relying on recycling to create a more circular economy.
By Cole Rosengren • Sept. 23, 2021 -
Wastequip commits to further reducing its virgin resin use
The approach to slashing 25% of virgin resin from the cart manufacturing process emphasizes increasing recycled plastics in Toter carts, extending carts' years of use and telling customers the recycled content in each product.
By Maria Rachal • Sept. 22, 2021 -
Covanta, Casella, Vanguard Renewables and others continue the conversation at virtual WasteExpo
The event included insight on industry discussions such as EPR, environmental justice, waste-to-energy, climate change, recycling and technology.
By Megan Quinn , Cole Rosengren , Maria Rachal • Sept. 17, 2021 -
BlackRock losing 'patience' on pace of corporate ESG disclosure
The hedge funds behind most of this season's proxy battles are looking to address investor concerns about sustainability. Panelists at a recent event said boardrooms must take this more seriously if they aren't already.
By Jim Tyson • Sept. 16, 2021 -
California governor signs full slate of circular economy bills
The package includes bills regulating recyclability and compostability claims on products, restricting exports of plastic scrap and updating the state's container redemption program.
By Megan Quinn • Updated Oct. 6, 2021 -
Archaea Energy merger completed, setting up major landfill RNG producer
Archaea and Aria Energy have joined forces in a deal led by a special purpose acquisition company, signaling that the waste industry sees increasingly lucrative potential in high-Btu landfill gas projects.
By Cole Rosengren • Updated Sept. 16, 2021 -
Republic Services purchases ACV Enviro for environmental services expansion
The acquisition of this New Jersey-based operation follows CEO Jon Vander Ark's prior comments about growing the company's environmental services business, including hazardous waste.
By Cole Rosengren • Sept. 2, 2021 -
Recycling Partnership grants could boost curbside polypropylene acceptance by 6%
The Polypropylene Recycling Coalition has awarded $4.2 million to date for equipment upgrades as consumer product companies look to bounce back from last year's recyclability access downgrade by How2Recycle.
By Katie Pyzyk • Updated Sept. 7, 2021 -
Tesla made electric trucks 'cool.' Now fleets face financial hurdles.
Total cost of ownership for electric trucks is more attractive than diesel, executives said at ACT Expo, but issues around charging are significant.
By Jim Stinson • Sept. 1, 2021 -
Raven SR's waste-to-hydrogen project with Republic Services could have implications beyond California
Creating green hydrogen from organics is one way to meet the state's SB 1383 goals, but Raven's CEO said he hopes this process can be a competitive way to handle waste streams in any state.
By Cole Rosengren • Aug. 31, 2021 -
Brand commitments contributing to higher recycled HDPE prices
The recent run of strong pricing, especially for HDPE natural, has caught recyclers' attention. At least one expert believes market dynamics have decoupled recycled resin and virgin prices.
By Katie Pyzyk • Aug. 26, 2021 -
Natural gas trucks: A fit for all fleets?
There are multiple factors to consider even before examining overall cost, including range needs and infrastructure access, one executive said.
By Amanda Loudin • Aug. 19, 2021