Each year Waste Management reports our corporate sustainability to the Carbon Disclosure Project (CDP). Our submission is scored by CDP, and details from their report are used in selection to the Dow Jones Sustainability Index, Newsweek Green Rankings, and other internationally-recognized sustainability indices. Details from CDP reporting also provide the basis for WM’s own Sustainability Report.
In 2012, WM’s voluntary greenhouse gas (GHG) emissions reporting responsibilities, including reporting to CDP, was transferred to WMSS. This enabled us to provide an internal leadership role and implement new reporting processes on GHGs, water disclosure and supply chain emissions reporting.
Subsequently, WM’s CDP score has increased from 84B in 2012 to 89B in 2013 to 97A- in 2014. According to CDP, the big jump this year is due to increased transparency and sharing of successes, and has resulted in WM being identified as a leader in climate change reporting and achieving a position on the 2014 CDP S&P 500 Climate Disclosure Leadership Index (CDLI).
More importantly, WMSS’ commitment to improve WM’s reporting processes have created a positive impact by enhancing internal stakeholders’ involvement, clarity in data reporting and response coordination with as Federal Affairs, Corporate Engineering, Human Resources, Procurement and Legal. The CDLI recognition further demonstrates our capabilities and provides a key differentiator from our industry competitors.
In addition, for the third year in a row, WM was named to the Dow Jones Sustainability Indices for the World and for North America, and Newsweek Green Rankings 2014 has recently ranked WM 107 out of 435. Our only competitors also in this ranking are Stericycle (ranked 422) and Republic (ranked 432).
Working with WM’s cross-functional team to generate responses, gather data and provide analyses each year has been a great opportunity for WMSS and we are very grateful to Sue Briggum, VP federal Public Affairs, for providing us with the opportunity. We gained clear knowledge on WM’s operational processes and sustainability initiatives, which paved the way for us to find more and better ways to communicate our environmental and sustainability success stories to the public. As climate change becomes a greater focus for companies and public awareness increases, we are perfectly poised to provide consulting expertise to existing customers and leverage that expertise to win new contracts.