Connect with
the sustainable
future
2024 Letter from the Chief Executive Officer
Thank you for your interest in Waste Connections and our sustainability-related objectives, which we consider integral to our business and aligned with our focus on value creation for all stakeholders. In this annual update, you will read about our vision to Connect with the Sustainable Future — how we put sustainability into practice.
We are pleased to be on track to achieve our long-term aspirational targets, including a 40% reduction in emissions intensity since 2019. We will continue to raise the bar by evaluating our annual progress and making forward-looking investments, such as our recent introduction of fully electric garbage trucks being tested in New York City. Our targeted efforts Serve Our People through employee engagement, Serve the Planet by expanding our contributions within the circular economy, and Serve Our Communities through WCN Cares, which provides ongoing philanthropy, volunteering and community support.
We recognize the dedication of our 24,000 employees in driving our 2023 results, most notably in safety incident rates and in voluntary turnover, both of which stepped down in 2023, with momentum for continued improvement in 2024. Additionally, we expanded our resource recovery in 2023 through increases in recycling and biogas recovery with beneficial use, including from our portfolio of new renewable natural gas (RNG) facilities under development at our landfills.
At Waste Connections, we are always looking ahead — Connecting with the Sustainable Future — as we implement a strategy that has served us well for over 27 years. We encourage you to learn more about our ongoing efforts towards initiatives to benefit the environment and the communities we have the privilege to serve, empower and engage our employees, while also driving growth and value creation for our shareholders.
Thank you again for your interest in sustainability at Waste Connections.
Ronald J. Mittelstaedt President and Chief Executive Officer
2023 Highlights
- Non-GAAP measure. See Non-GAAP Measures on pages 74-76 of our Annual Report on Form 10-K for the year ended December 31, 2023.
- Total Shareholder Return “(TSR)” defined as profit generated from all share appreciation and dividends. Source: FactSet financial data and analytics and historical dividends.