Waste Management's Success is Driven by Our Customer's Sustainability Goals.
At Waste Management, environmental stewardship is linked inextricably to our business performance. As recycling volumes rise and the demand for recycled commodities grows, our revenues from this part of the business rise. As the demand for renewable energy increases, driven by governmental and customer sustainability goals, so do Waste Management revenues from green energy. And, of course, as demand falls or the value of recycled goods or renewable energy declines, our revenue from these activities fall as well.
We take a long-term outlook. We are committed to maintaining our course. Despite periodic dips in recycling and green energy prices, we continue to develop new ways to convert waste into valuable resources. We are committed to reinventing our business model and re-envisioning the nature of waste itself. We are pleased to share our continued commitment to our sustainability goals.
WM Sustainability Goals update:
1. Increase waste-based energy production. Waste Management alone produces more energy than the entire U.S. solar industry. In 2011, we produced enough energy to power more than 1.17 millions homes. By the end of 2020, we want to generate enough energy to power 2 million homes.
- In the Pacific Northwest, we collect naturally occurring methane gas from our landfills and turn it into electricity; some is returned to Seattle City Light, where it powers 10,000 homes in Seattle.
2. Increase the volume of recyclable materials we process. With almost 13 million tons of recyclables handled in 2011, we are nearly two-thirds of the way to meeting our 2020 sustainability goal of managing more than 20 million tons per year. We also have grown our organics processing to over 2.5 million tons handled in 2011.
- In Washington State, we own and operate three state of the art single stream recycling facilities:
Cascade Recycling Center (CRC), Woodinville
JMK Fibers, Tacoma
Spokane Materials and Recycling Technology Center (SMaRT), Spokane
3. Increase our fleet efficiency by 15%. In 2011, we exceeded our 2020 goal to reduce carbon dioxide (CO2) emissions from our fleet. After several years of experimentation, we have determined that converting our fleet to natural gas is our best option to improve efficiency and reduce greenhouse gas emissions.
- CNG trucks servicing the Cities of Federal Way, Auburn, Redmond, Kirkland and Spokane, Washington. These latest additions bring our Pacific Northwest CNG fleet to 356 trucks!
- Two public CNG fueling stations in Seattle and Auburn.
- WM has the largest fleet of CNG recycling and waste trucks in North America.
In 2013, WM received a 5-star rating -the highest reward possible for taking significant steps to incorporate green initiatives into our everyday operations for our clean air vehicles.
4. Providing wildlife habitat at our landfills. Our original goal was to complete Wildlife Habitat Council certification at 100 landfills and to protect more than 25,000 acres. We're 10 years ahead of schedule having met this milestone in 2011. We now have over 134 certified programs at 116 sites company-wide.