PHOENIX, July 22, 2021 / PRNewswire / – Republic Services, Inc. (NYSE: RSG) released its annual report sustainability report, highlighting the company’s improved approach to climate leadership and tracking progress towards its ambitious 2030 sustainability goals. The company’s sustainability achievements in 2020 included a reduction of 5 % of operational greenhouse gas emissions and an increase in the recycling of key materials to support the circular economy.
âRepublic Services plays a vital role in providing sustainable solutions to our customers and in making the planet a better place now and for future generations,â said Jon Vander Ark, President and CEO. âWe continue to make steady progress towards our 2030 Sustainable Development Goals and are excited about the innovations and technologies being developed that will accelerate our impact. ”
Republic’s sustainability platform is rooted in its sustainability elements, which are deeply embedded in its business and form the basis of the company’s 2030 goals. This year, the platform has evolved to align the company’s climate goals under a new element of climate leadership. The company reported positive progress towards its climate goals, with a reduction in overall emissions, an increase in the circularity of recyclable and organic raw materials and numerous renewable energy projects under development.
Additional highlights include:
Security: The Republic Services team saw a significant 21% reduction in overall security incidents, making 2020 its safest year on record.
Human capital: Amid the challenges of a global pandemic, Republic has maintained an employee engagement score of 85%, well above industry benchmarks and the rest of the world.
Climate leadership: Republic has made an industry-leading commitment to electrification of its fleet, and in 2020 its first electric collection truck pilot entered service.
Communities: Through the Republic Services Charitable Foundation, the Society has contributed $ 5 million to the revitalization of neighborhoods and small businesses, positively impacting 2.1 million people.
Throughout 2020 and in the face of the challenges of the COVID-19 pandemic, Republic Services has remained committed to its customers, communities and team. This engagement included his almost $ 35 million Committed to Serve initiative, which has provided key support to small businesses, local economies and frontline team members.
In 2020, Republic was appointed to Dow Jones Sustainability Indices for the fifth year in a row, receiving an industry leader score for its climate strategy. The Company was also recognized as one of the Ethisphere companies The most ethical companies in the world, 3BL Media’s 100 best corporate citizens and Forbes’ Best employers for women. Since then, Republic has been named to Barron’s 100 most sustainable companies and fortune The world’s most admired companies rankings.
Republic Services is committed to transparency and disclosure through its sustainable development reports. In addition to the 2020 sustainable development report, the Company published its Sustainability Accounting Standards Board (SASB) Report 2020 and Global Reporting Initiative (GRI) Report 2020. Earlier this year, Republic released its first report Aligned with the recommendations of the Climate-Related Financial Disclosures Working Group, which was the industry’s first comprehensive TCFD report.
To learn more about the Republic Services sustainability platform and to download the 2020 sustainability report, visit RepublicServices.com/durability.
About the services of the Republic
Republic Services, Inc. is a leader in the US environmental services industry. Through its subsidiaries, the Company offers a superior customer experience while promoting a sustainable blue planetÂ® for future generations to enjoy a cleaner, safer and healthier world. For more information visit RepublicServices.com, or follow us on Facebook.com/RepublicServices, @RepublicService on Twitter or Republic Services on LinkedIn.
SOURCE Republic Services, Inc.