for its strategic actions toward a low-carbon future for the fourth year in a
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
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.
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.
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