Company reports 15% decrease, two years ahead
of 2025 target, along with progress toward 2030 goals in latest
Sustainability Report
PHOENIX, July 24,
2024 /PRNewswire/ -- Republic Services, Inc.
(NYSE: RSG), a leader in the environmental services industry,
has released its 2023 Sustainability Report, which highlights the
company's sustainability initiatives and progress toward its 2030
goals, including a significant reduction in greenhouse gas (GHG)
emissions that will help support customers' climate goals. As of
2023, Republic has reduced operational GHG emissions 15%, versus a
2017 baseline, ahead of its interim target of a 10% reduction by
2025.
Republic Services releases its 2023
Sustainability Report, highlighting initiatives and progress toward
2030 goals.
"Sustainability is our business. Through investments and
innovations, Republic Services is transforming plastics circularity
and advancing decarbonization solutions, helping meet the needs of
our customers," said Jon Vander Ark, president and chief executive
officer. "As we continue to make progress toward our long-term
goals, we're driving both economic and environmental
sustainability, and working to create a more sustainable
world."
Republic Services continues to make meaningful strides toward
its ambitious 2030 Sustainability Goals. In addition to its strong
Climate Leadership results, the company reported notable progress
toward its Safety, Talent and Communities goals, with a safety rate
and employee engagement score well above industry and national
benchmarks.
2023 Sustainability Highlights
Safety:
- Reported an OSHA Total Recordable Incident Rate 40% better than
the industry average
- Deployed more than 2,200 collision-avoidance cameras in
collection trucks
Talent:
- Achieved an employee engagement score of 86, well above the
national average of 79
- Employed more than 4,600 veterans, on the way to 5,000 by
2025
Climate Leadership:
- Opened North America's first
Polymer Center and launched Blue Polymers, transforming plastics
circularity
- Developed five new renewable natural gas plants, bringing our
renewable energy portfolio to 86 projects
Communities:
- Positively impacted 4.7 million people through sustainable
neighborhood projects, and more than 14 million since 2017
- Supported 917 community projects through charitable grants
Republic Services' sustainability achievements have received
notable third-party recognition over the past year, with inclusion
in Barron's 100 Most Sustainable Companies, Fortune's America's
Most Innovative Companies and World's Most Admired
Companies, Forbes' Net Zero Leaders and Best Employers for
Diversity, and Ethisphere's World's Most Ethical Companies.
The 2023 Sustainability Report is part of a suite of
sustainability reporting to be released this month that includes
Republic Services' 2023 Global Reporting Initiative (GRI) Report,
2023 Sustainability Accounting Standards Board (SASB) Report, Task
Force on Climate-related Financial Disclosures (TCFD) Report, 2023
CDP Climate Change response and Environmental Justice reporting.
Current and past sustainability reporting can be found on the
company's website, at
RepublicServices.com/sustainability/reporting.
About Republic Services
Republic Services, Inc. is a
leader in the environmental services industry. Through its
subsidiaries, the company provides customers with the most complete
set of products and services, including recycling, solid waste,
special waste, hazardous waste and field services. Republic's
industry-leading commitments to advance circularity and support
decarbonization are helping deliver on its vision to partner with
customers to create a more sustainable world. For more
information, please visit RepublicServices.com.
Media
Media@RepublicServices.com
(480) 757-9770
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SOURCE Republic Services, Inc.