Environmental, Social and Governance: Page 2

  • PepsiCo
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    Courtesy of PepsiCo

    PepsiCo aims to double amount of reusable packaging to 20% by 2030

    To meet the target, the beverage giant plans to prioritize four areas, including growing the company’s SodaStream platform and expanding its refillable plastic and glass bottle offerings.

    By Christopher Doering • Dec. 6, 2022
  • Black trash bags on a sidewalk in New York City
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    James Andrews via Getty Images

    The US waste and recycling industry in 2022 — what you need to know

    Stories on M&A, recycling policy and organics recycling expansion — and how the economy and environmental justice considerations are shaping the industry’s path forward — have driven the news this year.

    Dec. 5, 2022
  • Person in work boots washing waste container next to green truck Explore the Trendline
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    welcomia via Getty Images

    The Waste Dive Outlook on 2023

    The waste and recycling industry is anticipating another year of policy pushes, regulatory updates and consolidation amid a shifting economy. Waste Dive will be following trends around M&A, ESG, plastics, environmental justice and much more.

    By Waste Dive staff
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive

    GFL launches first ESG targets, aiming to reduce GHG emissions 15% by 2030

    The Canada-based company’s first set of detailed targets comes after its landfill portfolio has doubled in recent years. GFL is focusing on renewable natural gas projects as well as alternative fuel vehicles in the years ahead.

    By Nov. 29, 2022
  • Office building with tree to the right
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    Jon Cherry via Getty Images

    Rubicon announces layoffs, debt restructuring to stabilize company

    The waste broker was previously facing serious liquidity issues, with $102.6 million worth of debt once set to mature in November. A software deal with Palantir Technologies was cited among its notable costs.

    By Nov. 21, 2022
  • Office building in Lexington, Kentucky
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    Jon Cherry via Getty Images

    Rubicon pledges ‘progress to profitability’ and shares plans to grow company’s earnings potential

    In Rubicon’s first earnings call since going public and seeing its founder step down, CEO Phil Rodoni named “profitability as the core tenet of our strategy and corporate culture going forward” and announced a new company president.

    By Nov. 10, 2022
  • Activity at a recycling facility
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    Industry Dive/Waste Dive

    Upstream CEO talks about the role of EPR in expanding reuse-refill, ‘golden opportunity’ for recycling industry

    The reuse-refill sector has become increasingly mainstream, as shown by the nonprofit’s Reusies award event. Matt Prindiville shares his latest outlook on where it’s going next and how the traditional waste industry can be involved.

    By Nov. 7, 2022
  • GFL Environmental truck at Waste Expo
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    Cole Rosengren/Waste Dive
    GFL 2022 earnings

    GFL Q3 revenue jumps, ESG targets to come this month

    GFL Environmental’s revenue bump came amid economic headwinds and notable costs related to fuel, trucks and MRF fires, as discussed on its earnings call Thursday.

    By Nov. 3, 2022
  • Clean Harbors at household hazardous waste collection event in Abington, Pennsylvania.
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    The image by Montgomery County Planning Commission is licensed under CC BY-SA 2.0

    Clean Harbors names co-CEOs in first major leadership change since its founding

    Founder Alan McKim, who has led the environmental services company for 42 years, said he’ll still help drive M&A strategy and will pass off current responsibilities to multiple leaders.

    By Nov. 2, 2022
  • Lion8 model with Boivin Evolution body, for Waste Connections
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    Courtesy of Lion Electric

    Waste Connections reports a decline in GHG emissions despite acquisitions, sets new ESG targets

    The company plans investments in RNG facilities, MRFs and electric collection vehicles as well as new goals to cut Scope 1 and 2 emissions by 15%, building on a recent decline of 7%, it said in its 2022 sustainability report.

    By Oct. 31, 2022
  • The back of a garbage truck.
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    PeopleImages via Getty Images

    Q3 earnings results for major waste and recycling companies

    Follow the latest round of financial results from WM, Republic Services, Casella Waste Systems, Waste Connections, GFL Environmental and more.

    Updated Dec. 1, 2022
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    Spencer Platt via Getty Images

    Plastic recycling rates are low. Could better data collection help?

    Better collaboration between stakeholders and more formalized laws around recycling data collection would give the U.S. a better road map for improving recycling, speakers at a webinar from The Recycling Partnership said.

    By Oct. 27, 2022
  • Casella collection truck
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    Courtesy of Casella Waste Systems

    Casella narrows ESG focus to 5 key targets for 2030

    The Vermont-based company previously set 10 ESG targets in its 2020 report but has narrowed the focus to five key metrics related to emissions reduction, recycling volumes, fleet efficiency and more.

    By Oct. 27, 2022
  • Waste Management trucks passing each other in Somerville, Massachusetts
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    Cole Rosengren/Waste Dive

    WM sets new ESG targets for GHG emissions, recycling volumes, diversity and more

    The company’s first full-year report since acquiring Advanced Disposal Services shows an emissions uptick, but WM says upcoming investments will reverse that.

    By Oct. 26, 2022
  • Group of people celebrate opening bell at the New York Stock Exchange, standing on a platform
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    Retrieved from YouTube on October 21, 2022

    Rubicon’s stock has struggled since going public. Is the SPAC trend to blame?

    The tech company — which brokers waste and recycling services — rang the opening bell on Wall Street this week after its stock price declined and its founder stepped down as CEO. Analysts say a turnaround is still possible.

    By Oct. 21, 2022
  • Plastic bottles
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    Justin Sullivan via Getty Images

    Why are PET prices declining? Experts cite a ‘confluence of events’ tied to the shifting economy

    The summer’s steep dips have slowed, but economic indicators suggest more short-term turbulence could be afoot. Analysts say it’s too soon to draw conclusions about how this relates to brands’ recycled content commitments.

    By Oct. 19, 2022
  • BP logo with sun symbol
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    Leon Neal via Getty Images

    BP acquiring landfill RNG company Archaea for $4.1B

    The pending transaction comes barely a year after Archaea Energy, a fast-growing developer of landfill gas projects, went public. The deal is described as a way for BP to support customers’ decarbonization goals.

    By Oct. 17, 2022
  • Man in suit standing in office, with statue of horse jockey and Rubicon logo to the side
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    Jon Cherry via Getty Images

    Rubicon founder Nate Morris steps down as CEO soon after taking company public

    Phil Rodoni, previously the company’s chief technology officer, has been elevated to the lead role. Rubicon has seen its financial standing decline less than two months after going public.

    By Oct. 14, 2022
  • A Republic Services truck and dumpster.
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    Courtesy of Republic Services

    Republic follows WM, Stericycle in agreeing to civil rights audit

    Republic says it will conduct an independent audit despite shareholders voting down a similar proposal in May. Groups including the Teamsters and As You Sow want the company to be more transparent about environmental justice.

    By Oct. 7, 2022
  • Container equipped with Compology technology
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    Permission granted by Compology

    RoadRunner Recycling buys Compology to scale AI, metering in collection service

    RoadRunner, which provides service through third-party haulers, has raised nearly $130 million to date as it scales quickly. Compology’s AI and camera capabilities will expand its data offerings for ESG-driven customers.

    By Oct. 6, 2022
  • Man standing at podium, speaking to a room of seated people in a conference center.
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    Cole Rosengren/Waste Dive

    Where Cyclyx, ExxonMobil, McKinsey and Casella see chemical recycling going next

    During a recent MIT event, the CEO of the Cyclyx consortium said waste companies and MRF operators could play a key role in supporting a transition toward chemical recycling.

    By Sept. 30, 2022
  • Deliver Zero reusable takeout packaging
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    Courtesy of Deliver Zero

    US Plastics Pact launches program to boost reuse and refill concepts

    Members of the brand-backed group aim to make their plastic packaging 100% reusable, recyclable or compostable by 2025, but the current scope of U.S. reuse systems remains limited.

    By Sept. 20, 2022
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    Spencer Platt via Getty Images

    US Plastics Pact activators see federal policy as key to achieving 2025 packaging reduction goals

    During a recent webinar, speakers from Mars and Keurig Dr Pepper outlined incremental progress on rethinking their packaging strategies and called for further federal action to accelerate this shift.

    By Sept. 15, 2022
  • Person in hard hat and safety vest stands over fast-moving conveyor belt with recyclables in Oregon
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    Natalie Behring via Getty Images
    Deep Dive

    National Sword kicked off a wave of MRF investments. 5 years later, tech and funding continue to advance.

    While the initial shock led facility operators to scramble, many have since invested millions in new equipment to improve material quality. Now, brand commitments and state policies are expected to be the next big market drivers.

    By Sept. 14, 2022
  • Conveyor belt with plastic film, within warehouse
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    Courtesy of WM

    WM’s VP of recycling discusses what the Avangard acquisition means for plastic markets

    WM has invested in secondary processing ventures before, but VP Brent Bell said the market conditions make this round different. He also shared what the deal could mean for a Honeywell chemical recycling proposal and more.

    By Sept. 13, 2022
  • Industrial facility with large holding tank and silver tubes
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    Courtesy of Divert

    Divert seeks to scale food waste prevention tech, recycling platform with $100M investment

    CEO Ryan Begin said the company is coming out of stealth mode after cultivating a large retail client base. He discussed rethinking the food recovery hierarchy and previewed multiple new digester projects.

    By Aug. 31, 2022