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January 20, 2020

Waste Management Named on CDP ‘A List’ for Leading Effort Against Climate Change

Company recognized for its strategic actions toward a low-carbon future for the fourth year in a row

HOUSTON –Jan. 20, 2020 – Waste Management was recognized for its climate action this year, achieving a place on global environmental impact nonprofit CDP’s prestigious ‘A List’ for climate change, based on the company’s climate disclosure in 2019.  

Waste Management was recognized for its actions to cut emissions, mitigate climate risks and develop the low-carbon economy, based on the data submitted by the Company through CDP’s 2019 climate change questionnaire. Waste Management is one of a small number of high-performing companies out of thousands that were scored.  

CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2019, over 525 investors with over US$96 trillion in assets and 125 major purchasers with US$3.6 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform and over 8,400 responded.  

A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets. Those that don’t disclose or provide insufficient information are marked with an F. 

“We’re excited to be placed on CDP’s A List for the fourth consecutive year for doing our part to achieve a low-carbon future,” said Jim Fish, president and chief executive officer of Waste Management. “Participating in the annual disclosure of our carbon footprint and the actions we take to reduce emissions demonstrates our commitment to always working for a sustainable tomorrow.”

Bruno Sarda, President of CDP North America, said: “Congratulations to Waste Management for earning a spot on this year’s Climate A List – they are a model for true corporate sustainability leadership. Climate change is an undeniable business risk if unaddressed and we must transition to a low-carbon economy now to avoid the worst impacts. A List companies know sustainability presents an exciting race to the top, an opportunity to innovate and rethink business as usual, proving that environmental responsibility simply makes good business sense.” 

The Climate Change A List is published by CDP each year, alongside the A Lists for leadership on protecting forests and water security. 
 
The full list of companies that made this year’s CDP Climate Change A List is available here, along with other publicly available company scores: https://www.cdp.net/en/companies/companies-scores.  

Note to editors 
The full methodology and criteria for the Climate Change A List are available on CDP’s website at: https://www.cdp.net/en/guidance/guidance-for-companies under ‘CDP scoring methodologies 2019’.  

ABOUT WASTE MANAGEMENT

Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management environmental services in North America. Through its subsidiaries, the Company 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. The Company’s customers include residential, commercial, industrial, and municipal customers throughout North America. To learn more information about Waste Management, www.wm.com or www.thinkgreen.com.

ABOUT CDP  

CDP is a global nonprofit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors and working with institutional investors with assets of US$96 trillion, we leverage investor and buyer power to motivate companies to disclose and manage their environmental impacts. Over 8,400 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2019. This is in addition to the over 920 cities, states and regions who disclosed, making CDP’s platform one of the richest sources of information globally on how companies and governments are driving environmental change. CDP is a founding member of the We Mean Business Coalition. Visit https://cdp.net/en or follow us @CDP to find out more.   

FOR MORE INFORMATION:

Media

Eloisa Orozco
619-778-6303
eorozco1@wm.com

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