Recognized for holistic approach to
sustainability
BANNOCKBURN, Ill., Dec. 11,
2023 /PRNewswire/ -- Stericycle, Inc. (Nasdaq: SRCL),
a leading provider of regulated medical waste management and secure
information destruction solutions, announced today that it has been
recognized as a 2023 Green Company of the Year by the Business
Intelligence Group (BIG). Stericycle was honored for its holistic
approach to sustainability through its container portfolio
enhancements, operational efficiencies and strategic
partnerships.
The BIG Awards for Business recognize companies and their
products, people and tactics, which are helping reduce impact on
the environment. Every nomination is scored by a volunteer panel of
business experts and industry leaders using a unique model that
affords judges the opportunity to share public and private
feedback.
"It's an honor to be recognized as a Green Company of the Year
for our environmental and sustainability efforts," said
Cindy J. Miller, president and chief
executive officer at Stericycle. "It is our mission to provide
safe, sustainable and responsible products and services to help
organizations protect the health and well-being of the people and
communities they serve. By continuing to invest in our container
portfolio, operations and strategic partnerships, we are shaping a
healthier and safer world for everyone, everywhere, every day."
Globally in 2022, Stericycle helped customers divert 101 million
pounds of plastic from landfills through the use of reusable waste
containers rather than single use containers. Additionally,
Stericycle treated 1.5 billion pounds of medical waste prior to
disposal, helping to protect the public from potentially harmful
materials. The company also incinerated 38 million pounds of
pharmaceutical waste prior to disposal, helping to keep active
pharmaceutical ingredients out of waterways, and recycled one
billion pounds of paper, helping safeguard customers' confidential
information.
Additional highlights from Stericycle's sustainability
initiatives include:
- Container portfolio enhancements: In 2023, Stericycle announced
its re-engineered one-gallon SafeDrop™ Sharps Mail Back and
one-gallon CsRx® Controlled Substance Wastage containers. The new
designs utilize 40% less plastic compared to Stericycle's prior
containers, helping to reduce greenhouse gas emissions associated
with the manufacturing process. In 2022, Stericycle also introduced
new SafeShield™ Antimicrobial Medical Waste containers. The
containers are nestable and stackable, enabling Stericycle drivers
to load and transport more containers at one time, in turn reducing
trips and the company's carbon footprint.
- Operational efficiencies: As a result of routing efficiencies,
Stericycle drivers drove 2.3 million fewer miles in North America during the first half of 2023
compared to the same time period in 2022, resulting in a reduction
of 3,438 metric tons of carbon dioxide equivalent emissions.
- Strategic partnerships: Stericycle announced additional project
locations in 2023 as part of its five-year, $1 million partnership with the National Park
Foundation, which was initiated in 2021 and focuses on wetland
restoration. Additionally, Stericycle partnered with the Arbor Day
Foundation for a second consecutive year. Over the two-year
partnership, Stericycle has committed to planting over 120,000
trees. Reforestation will help support habitat restoration as well
as wildfire and hurricane recovery efforts.
"In the spirit of achievement and excellence, we congratulate
Stericycle on their outstanding success in 2023. Their victory
exemplifies the highest standards of sustainability and
innovation," said Maria Jimenez,
chief nominations officer at the Business Intelligence Group.
"Kudos to all the winners who have demonstrated unparalleled
excellence, collectively shaping the future of business. May this
recognition inspire continued greatness in the years to come."
This is the fourth time Stericycle has been honored by BIG.
Previously, BIG named Stericycle's SafeShield™ Medical
Waste Container a 2022 Product of the Year. In 2021,
the company was recognized with the Sustainability Product of the
Year award for its MedDrop™ medication collection kiosks, which
provide a convenient way for consumers to dispose of unneeded
medication while also helping to reduce the impact of
pharmaceuticals on the environment, when they are improperly
disposed. In 2020, BIG named Stericycle an Enterprise Company of
the Year for its efforts to safely and responsibly dispose of
COVID-19 related medical waste.
Please visit the Stericycle website for more information about
our commitment to sustainability.
About Stericycle
Stericycle, Inc., is a U.S. based
business-to-business services company and leading provider of
compliance-based solutions that protects people and brands,
promotes health and well-being and safeguards the environment.
Stericycle serves customers in North
America and Europe with
solutions for regulated waste and compliance services and secure
information destruction. For more information about Stericycle,
please visit www.stericycle.com.
About Business Intelligence Group
The Business
Intelligence Group was founded with the mission of recognizing true
talent and superior performance in the business world. Unlike other
industry award programs, business executives—those with experience
and knowledge—judge the programs. The organization's proprietary
and unique scoring system selectively measures performance across
multiple business domains and then rewards those companies whose
achievements stand above those of their peers.
Media Contact:
Media Relations
Stericycle, Inc.
media@stericycle.com
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SOURCE Stericycle