Overall impact
C (44)

Commentary

Covanta is an average overall performer. With a 'C' rating of 44.4 for overall impact (30th percentile compared to all companies), Covanta ranks 31st out of 50 industry peers, behind Republic Services, Avalon, Strategic Environmental and Energy Resources and 27 others, and ahead of Sharps Compliance, E-Qure, China Everbright Environment and 16 others. On top material causes for Covanta's industry (Waste Management), Covanta performs well in Affordable, Safe Housing (95.2 score) and performs poorly in Disease Eradication (33.2 score), Sustainable Use of Natural Resources (26.0), Reduced Waste (11.6) and 2 other causes where it received a 'D' or 'F' score.
Impact
Cause CVA
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Overall impact

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Company
Employees
4,000
Sector
Industrials
Industry
Commercial Services & Supplies
Sub-industry
Environmental & Facilities Services
SASB industry
Waste Management
Headquarters
Nj, United States
Share classes
CVA
Description
Covanta Holding Corporation, through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and internationally. It owns and operates infrastructure for the conversion of waste to energy (WtE), as well as engages in related waste transport and disposal, and other renewable energy generation businesses. The company disposes waste and generates electricity and/or steam; sells ferrous and non-ferrous metal recovered during the WtE process; and offers waste management solutions, such as site clean-up, wastewater treatment, pharmaceutical and healthcare solutions, reverse distribution, transportation and logistics, recycling, and depackaging. As of December 31, 2020, it owned and operated 41 WtE operations, 13 transfer stations, 20 material processing facilities, 4 landfills, 2 wood waste energy projects, 1 regional metals recycling facility, and 1 ash processing facility. The company was formerly known as Danielson Holding Corporation and changed its name to Covanta Holding Corporation in September 2005. Covanta Holding Corporation was founded in 1986 and is headquartered in Morristown, New Jersey.
Material causes
Ethos considers the following causes material for Covanta, based on its industry sub-industry Environmental & Facilities Services. Learn more about material causes in our methodology overview.

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