Climate Change Data

Wastequip

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Safety
  • Circular Economy
  • Community Engagement
  • Supplier Diversity

Environmental Achievements

  • Reduced virgin resin per cart by 12.9% compared to 2019
  • Collected 625,000 lbs of used carts for recycling; 5.8 million lbs sent to local recyclers
  • Launched EVR-Green cart with 100% recycled resin body (37% lower carbon footprint than standard cart)
  • Replaced 15-20% of welding units with more energy-efficient models

Social Achievements

  • Achieved gender pay equity across the company
  • Improved safety performance year-over-year, exceeding industry averages by 30% in recordables and almost half in Lost-Time Incidents
  • 5% of Tier 1 spend with certified diverse suppliers; another 3.7% with certified small businesses
  • 75% of employees responded positively to the statement 'Wastequip is the best company I have ever worked for' in the 2021 employee survey
  • Implemented various initiatives to improve employee engagement, including recognition programs, mentorship programs, and cross-training

Governance Achievements

  • Incorporated CORE goals into Wastequip’s annual operating plan and tied executive bonuses to top initiatives
  • Created a dashboard for greenhouse gas emissions, presented in monthly financial reviews for Trucks & Containers divisions
  • Integrated sustainability into stage gate approval processes for new product development
  • Board is 75% diverse by ethnicity and/or gender; CEO staff is 30% diverse

Climate Goals & Targets

Short-term Goals:
  • Reduce virgin resin usage by 25% overall (Project25)

Environmental Challenges

  • Reducing Scope 3 emissions (raw materials, product transportation, etc.)
  • Improving stormwater drainage and aging infrastructure
  • Increasing the use of recycled content in manufacturing while maintaining product quality and durability
Mitigation Strategies
  • Conducting life-cycle assessments to understand product carbon footprints
  • Implementing Project25 to reduce virgin resin usage
  • Launching a cart buy-back program
  • Investing in energy-efficient equipment
  • Prioritizing natural remedies for stormwater mitigation (e.g., planting native plants)
  • Using low-VOC paints

Supply Chain Management

Responsible Procurement
  • Working with diverse suppliers
  • Using recycled content in manufacturing

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Lightweighting steel to reduce carbon footprint

Reporting Standards

Frameworks Used: GHG Protocol Corporate Standard

Sustainable Products & Innovation

  • EVR-Green cart