Waste Management Targets Up to $29.25 Billion Revenue for 2027 – MarketScreener

Waste Management, Inc.: Company Overview and Alignment with Sustainable Development Goals

Introduction

Waste Management, Inc. stands as the leading provider of waste collection and management services in North America. The company’s operations and financial performance reflect a strong commitment to sustainable practices, directly contributing to several Sustainable Development Goals (SDGs), particularly SDG 11 (Sustainable Cities and Communities), SDG 12 (Responsible Consumption and Production), and SDG 13 (Climate Action).

Business Activities and Net Sales Breakdown

The company’s net sales, including intragroup transactions, are segmented by core activities as follows:

1. Waste Collection (64%)
   • Primary service involving the collection of solid waste from residential, commercial, and industrial sources.
   • Supports SDG 11 by promoting sustainable urban waste management systems.
2. Landfill Services (19.3%)
   • Operation of 258 solid waste landfills and 5 hazardous waste landfills as of the end of 2023.
   • Focuses on safe disposal and containment of waste, aligning with SDG 12 and SDG 15 (Life on Land) by minimizing environmental contamination.
3. Waste Sorting, Compacting, and Transfer (9.1%)
   • Management of 332 transfer stations that facilitate efficient waste processing and logistics.
   • Enhances resource efficiency and supports circular economy principles under SDG 12.
4. Recycling Services (6.3%)
   • Processes recyclable materials to reduce landfill dependency and conserve natural resources.
   • Directly contributes to SDG 12 by promoting responsible consumption and production patterns.
5. Other Services (1.3%)
   • Includes ancillary waste management activities supporting overall sustainability goals.

Geographical Distribution of Net Sales

Waste Management, Inc.’s net sales are geographically distributed as follows:

• United States: 95.9%
• Canada: 4%
• Other Regions: 0.1%

This geographic focus enables the company to address regional environmental challenges and contribute to national SDG targets related to waste management and environmental protection.

Conclusion

Waste Management, Inc.’s comprehensive approach to waste services supports multiple Sustainable Development Goals by promoting sustainable urban infrastructure, responsible resource management, and environmental protection. Through its extensive network of landfills, transfer stations, and recycling services, the company plays a critical role in advancing sustainable development across North America.

1. Sustainable Development Goals (SDGs) Addressed or Connected

1. SDG 11: Sustainable Cities and Communities
   • Waste Management, Inc.’s services contribute to sustainable urban waste management, which is vital for sustainable cities.
2. SDG 12: Responsible Consumption and Production
   • The company’s focus on waste collection, landfill management, recycling, and waste sorting aligns with sustainable consumption and production patterns.
3. SDG 13: Climate Action
   • Proper waste management and landfill services help reduce greenhouse gas emissions, contributing to climate action.
4. SDG 6: Clean Water and Sanitation
   • Effective waste management reduces pollution and protects water resources.

2. Specific Targets Under Those SDGs Identified

1. SDG 11
   • Target 11.6: Reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.
2. SDG 12
   • Target 12.4: Achieve the environmentally sound management of chemicals and all wastes throughout their life cycle.
   • Target 12.5: Substantially reduce waste generation through prevention, reduction, recycling, and reuse.
3. SDG 13
   • Target 13.2: Integrate climate change measures into policies and planning.
4. SDG 6
   • Target 6.3: Improve water quality by reducing pollution, eliminating dumping, and minimizing release of hazardous chemicals and materials.

3. Indicators Mentioned or Implied to Measure Progress

1. Waste Collection and Management Indicators
   • Percentage of waste collected and properly managed (implied by the breakdown of waste collection and landfill services).
   • Number of operational landfills (258 solid waste and 5 hazardous waste landfills) as a measure of capacity and infrastructure.
   • Number of transfer stations (332) indicating waste sorting and transfer capacity.
   • Percentage of waste recycled (6.3% of net sales from recycling services) as an indicator of recycling efforts.
2. Geographical Distribution
   • Net sales distribution by country (United States 95.9%, Canada 4%, others 0.1%) can indicate regional focus and impact.

4. Table of SDGs, Targets, and Indicators

Source: marketscreener.com