Waste Management (WM)

Overall impact
B (72)

Commentary

Waste Management is a strong overall performer. With a 'B' rating of 71.5 for overall impact (84th percentile compared to all companies), Waste Management ranks 9th out of 50 industry peers, behind Tomra Systems ASA, Daiseki Co., Renewi plc and 5 others, and ahead of Republic Services, Covanta, Avalon and 38 others. On top material causes for Waste Management's industry (Waste Management), Waste Management performs well in Disaster Readiness and Effective Aid (83.4 score), Equal Pay and Opportunity (95.6), Sanitation Access (96.0) and 1 other cause where it received an 'A' score and performs poorly in Lgbtq Equality (36.0 score), Terrestrial Biodiversity (29.1) and Accountable Institutions (37.5).
Impact
Cause WM
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Company
Founded
1987
Employees
48,000
Sector
Industrials
Industry
Commercial Services & Supplies
Sub-industry
Environmental & Facilities Services
SASB industry
Waste Management
Headquarters
Tx, United States
Share classes
WM
Mission
To maximize resource value, while minimizing - and even eliminating - environmental impact so that both our economy and our environment can thrive.
Description
Waste Management, Inc., through its subsidiaries, engages in the provision of environmental solutions to residential, commercial, industrial, and municipal customers in the United States and Canada. It offers collection services, including picking up and transporting waste and recyclable materials from where it was generated to a transfer station, material recovery facility (MRF), or disposal site; and owns and operates transfer stations, as well as owns, develops, and operates landfill facilities that produce landfill gas used as renewable natural gas for generating electricity. As of December 31, 2022, the company owned or operated 254 solid waste landfills, five secure hazardous waste landfills, 97 MRFs, and 337 transfer stations. It also provides materials processing and commodities recycling services at its MRFs, where cardboard, paper, glass, metals, plastics, construction and demolition materials, and other recycling commodities are recovered for resale or redirected for other purposes; recycling brokerage services, such as managing the marketing of recyclable materials for third parties; and other strategic business solutions. In addition, the company offers construction and remediation services; services related with the disposal of fly ash, and residue generated from the combustion of coal and other fuel stocks; in-plant services comprising full-service waste management solutions and consulting services; and specialized disposal services for oil and gas exploration and production operations. The company was formerly known as USA Waste Services, Inc. and changed its name to Waste Management, Inc. in 1998. Waste Management, Inc. was incorporated in 1987 and is headquartered in Houston, Texas.
Material causes
Ethos considers the following causes material for Waste Management, based on its industry sub-industry Environmental & Facilities Services. Learn more about material causes in our methodology overview.

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