Sustainability
Targets
Sustainability Targets
& Progress
At Waste Connections, our commitment to value creation includes a strategic focus on ESG priorities, clear communication of our progress, and a $500 million investment towards our long-term aspirational targets, which we believe we are on track to achieve. Since the Company's inception in 1997, we have been pursuing many of these same priorities, which are integral to our ongoing success.
Our Sustainability Working Group provides oversight and ongoing reviews of our targets to evaluate progress and consider updates to existing objectives. Execution toward our environmental targets is overseen by our Vice President — Engineering and Sustainability who, among other senior executives, regularly updates our Board of Directors on sustainability-related matters. Progress toward our 15-year aspirational targets is a component of management compensation and is reviewed by our Board of Directors.
As an environmental services company, Waste Connections believes that protecting the planet is integral to our business. We are committed to managing and growing our business responsibly while minimizing our impact on the environment and the communities we are privileged to serve. Our environmental objectives emphasize operating compliance, reduction in Scope 1 and 2 emissions, expansion of resource recovery and beneficial reuse, driving resource efficiency, incorporating biodiversity into site closure plans, and ongoing communication and collaboration with key stakeholders.
Our results demonstrate the effectiveness of our efforts, with Scope 1 and 2 emissions declining 13% from our 2019 baseline year despite a nearly 50% increase in revenues, resulting in a 41% reduction in emissions intensity over the same period. Our recycling and biogas recovery efforts, use of alternative fuel vehicles and permanent sequestration of carbon in our landfills resulted in avoided emissions that exceeded our operational emissions by approximately 4x in 2023.
We see significant runway to further strengthen environmental performance by emphasizing environmental stewardship and executing our sustainability objectives, including through new RNG plants at our landfills and the introduction of our first electric vehicles.
Progress On Our Targets
EMISSIONS
On Track
EMISSIONS INTENSITY
On Track
RECYCLING
On Track
BIOGAS RECOVERY
On Track
LEACHATE
On Track
INCIDENT RATE
On Track
EMPLOYEE RETENTION
On Track
EMPLOYEE ENGAGEMENT
On Track- The Servant Leadership survey was revamped in 2023 and not comparable to prior years.
