WM also commemorates continued progress on
sustainability growth strategy
HOUSTON, April 22,
2024 /PRNewswire/ -- WM (NYSE: WM) today
announced members of its senior leadership team will ring The
Closing Bell® at the New York Stock Exchange at
4 p.m. ET on Monday, April 22, for
Earth Day. WM is continuing to execute its planned sustainability
investments in recycling and renewable energy and was just named
the Official Sustainability Partner of Major League Baseball.
WM is the largest recycler with one of the largest
landfill-gas-to-energy platforms in North
America. Its investments, which are expected to be more
than $2.5 billion for 2022-2026, will
build new and update existing recycling facilities with
state-of-the-art technology expected to increase the amount of
materials that can be captured for future potential reuse. WM is
also building more renewable natural gas plants at its landfills,
creating renewable energy that can be allocated to power
communities and help fuel a portion of WM's heavy duty natural gas
collection fleet, the largest in the industry in North America.
"Sustainability is at the center of everything we do at WM,"
said Jim Fish, president and CEO,
WM. "I'm proud of our team for the incredible progress we've made
on our strategic investments in expanding North America's recycling and renewable energy
infrastructure. These investments are not only the right thing to
do for the environment, but they are also essential for the growth
of our business and are positioning WM for a successful
future."
WM also provides end-to-end solutions intended to help customers
achieve their sustainability goals relating to waste reduction and
diversion, greenhouse gas emissions management and more through its
advisory services group. The company continues to increase the
number of customers it serves in this capacity, including sports
leagues, events, teams, and venues – tripling the customers WM has
served in this space since 2021.
"As we continue to see demand rise for recycled content in
packaging and for lower-emission energy sources, our planned
investments in recycling and renewable energy are not only valuable
to WM, but to the sustainability strategies of our customers of all
sizes and industries," said Tara
Hemmer, chief sustainability officer, WM. "We are creating
innovative solutions to tackle the decarbonization and circularity
challenges of our customers, and we are proud to celebrate that
work today at the New York Stock Exchange."
WM's work with MLB is one of the first collaborations of its
kind between an environmental services company and a professional
team sports league. Through 2028, WM will have the opportunity to
provide WM's advisory services for all 30 MLB Clubs in the U.S. and
Canada and expects to build
comprehensive and custom plans designed to improve sustainable
operations for MLB and its Clubs.
Coverage of the closing bell ceremony will be live streamed on
the New York Stock Exchange website
at https://www.nyse.com/bell.
For more information on WM and its sustainability investments,
visit: Sustainability.WM.com.
ABOUT WM
WM (WM.com) is North
America's leading provider of comprehensive environmental
solutions. Previously known as Waste Management and based
in Houston, Texas, WM is
driven by commitments to put people first and achieve success with
integrity. The company, through its subsidiaries, provides
collection, recycling, and disposal services to millions of
residential, commercial, industrial, and municipal customers
throughout the U.S. and Canada. With innovative
infrastructure and capabilities in recycling, organics, and
renewable energy, WM provides environmental solutions to and
collaborates with its customers in helping them achieve their
sustainability goals. WM has the largest disposal network and
collection fleet in North America, is the largest recycler of
post-consumer materials, and is the leader in beneficial use of
landfill gas, with a growing network of renewable natural gas
plants and the most landfill gas-to-electricity plants
in North America. WM's fleet includes over 12,000 natural gas
trucks – the largest heavy-duty natural gas truck fleet of its kind
in North America. To learn more about WM and the company's
sustainability progress and solutions,
visit Sustainability.WM.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements, including
all statements regarding future events, future investments, future
RNG and recycling projects, and all outcomes or benefits of
investments, services and collaborations. Such statements are based
on the facts and circumstances as of the date the statements are
made and are subject to risks and uncertainties that could cause
actual results to be materially different. Please see Part I, Item
1A of the Annual Report on Form 10-K, and subsequent Forms 10-Q,
available at investors.wm.com for information regarding such
risks and uncertainties. WM assumes no obligation to update any
forward-looking statement.
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SOURCE WM