Mitigating climate change
underlies everything we do.
With the United States’ renewed commitment to the Paris Agreement to limit global warming to no greater than 1.5 degrees Celsius above preindustrial levels, our focus on climate has only grown stronger. We have committed to setting a Science Based Target Initiative (SBTi)-approved goal in 2022. Reaching this goal will require big ideas, bold action and leadership across industries, and WM is proud to be part of the solution.
Technology and innovation are advancing faster than ever, providing us with new and better ways to capture landfill gas for beneficial use, measure fugitive emissions and transform our fleet. WM offers solutions to help our customers minimize their carbon footprint and lower their environmental impact alongside our own. In fact, the services we provide currently decrease and avoid three times more greenhouse gas (GHG) emissions than we generate in our operations. By 2038, our goal is to reduce and avoid four times the GHG emissions we generate through our operations.
Climate Risks We Face
Climate change impacts our business in multiple ways. Extreme weather events such as droughts, floods, wildfires and storms have the potential to disrupt service; damage our facilities and fleet; and affect our employees, customers and the communities where we live and work. These considerations affect all aspects of our operations, services, goals and short- and long-term business strategy.
Opportunities to Serve Our Customers
At the same time, the impacts of climate change present opportunities to operate differently. Our customers are as concerned about these issues as we are and want to use products and services that will not have adverse impacts on the environment. Increasingly, customers seek out companies and suppliers who are reducing or avoiding GHG emissions; embracing recycled, reusable and recyclable materials; using renewable energy; and providing long-term liability protection. Customers also want reassurance that services will be provided in the event of natural disasters and emergencies that are becoming increasingly frequent and severe.