Waste Management Inc

Country
United States
Sector
Industrials
Industry
Waste Management
Employees
61,700
Ticker
WM
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
www.wm.com
Description
Waste Management Inc., a leading provider in the environmental services sector, specializes in waste collection, disposal, and recycling services across North America. The company's primary function i...

Waste Management Inc's GHG Emissions Data Preview

In 2023, Waste Management Inc completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Waste Management Inc has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Waste Management Inc’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Waste Management Inc’s data sources below and access millions more through our Disclosure Search.

a. Waste Management Inc's ESG Data Spreadsheet 2024
a. Waste Management Inc's ESG Data Spreadsheet 2024
b. Waste Management Inc's ESG Data Spreadsheet 2021
b. Waste Management Inc's ESG Data Spreadsheet 2021
c. Waste Management Inc's Sustainability Report 2023
c. Waste Management Inc's Sustainability Report 2023

Insights into Waste Management Inc's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Waste Management Inc amounted to 15,224,098 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Waste Management Inc decreased by 2.56%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Waste Management Inc's Scope 1 Emissions Over Time

20182019202020212022202304.5 M9 M13.5 M18 MtCO2e-4%+3%+6%-10%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Waste Management Inc's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Waste Management Inc were 14,938,730 metric tons of CO₂ equivalent (tCO₂e). a

Has Waste Management Inc reduced its Scope 1 emissions over time?

Since 2018, Waste Management Inc's Scope 1 emissions have decreased by 8.19%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2022), Waste Management Inc's Scope 1 emissions decreased by 2.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Waste Management Inc's Scope 2 emissions?

In 2023, Waste Management Inc reported Scope 2 greenhouse gas (GHG) emissions of 122,972 tCO₂e using the market-based method and 285,368 tCO₂e using the location-based method. a

Has Waste Management Inc reduced its Scope 2 emissions over time?

Since 2018, Waste Management Inc's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 15.96%, reflecting a rising long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2022), Waste Management Inc's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Waste Management Inc 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Waste Management Inc use for Scope 2 reporting?

In 2023, Waste Management Inc reported its Scope 2 emissions using the market-based method and using the location-based method. a

Waste Management Inc's Scope 2 Emissions Over Time

201820192020202120222023080 k160 k240 k320 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Waste Management Inc's Value Chain Emissions

In 2023, Waste Management Inc reported 1,811,754 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Waste Management Inc includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Waste Management Inc's Scope 3 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e-64%+9%-4%-56%+22%
  • Total Scope 3
  • Year-over-Year Change

What are Waste Management Inc's Scope 3 emissions?

In 2023, Waste Management Inc reported total Scope 3 emissions of 1,811,754 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 97.48% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.52% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Waste Management Inc reduced its Scope 3 emissions over time?

Since 2018, Waste Management Inc's Scope 3 emissions have decreased by 79.97%, reflecting a declining long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2022), Waste Management Inc's Scope 3 emissions increased by 21.75%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Waste Management Inc disclose?

In 2023, Waste Management Inc reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Waste Management Inc's Scope 3 emissions?

In 2023, the largest contributors to Waste Management Inc's Scope 3 emissions were: a

  • Upstream Transportation and Distribution (Cat. 4): 525,406 tCO₂e (29%)
  • Fuel- and Energy-Related Services (Cat. 3): 367,687 tCO₂e (20.29%)
  • Purchased Goods and Services (Cat. 1): 298,304 tCO₂e (16.46%)

Waste Management Inc's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(20.3%)UpstreamTransportation andDistribution(Cat. 4)(29.0%)Purchased Goods andServices (Cat. 1)(16.5%)

Insights into Waste Management Inc’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Waste Management Inc reported Scope 1 greenhouse gas (GHG) emissions of 14,938,730 tCO₂e and total revenues of USD 20,426 millions. This translates into an emissions intensity of 731.36 tCO₂e per millions USD. a

Waste Management Inc's Scope 1 Emissions Intensity Compared to Peers

2,00050,000500,00010,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)Montrose Environmental GroupYear: 2024Scope 1: 13,213 tCO2eRevenue: $M 696Scope 1 Intensity: 18.97 tCO2e/$MEnviriYear: 2024Scope 1: 103,668 tCO2eRevenue: $M 2,343Scope 1 Intensity: 44.25 tCO2e/$MNorfolk SouthernYear: 2023Scope 1: 4,097,539 tCO2eRevenue: $M 12,156Scope 1 Intensity: 337.08 tCO2e/$MLockheed MartinYear: 2024Scope 1: 294,431 tCO2eRevenue: $M 71,043Scope 1 Intensity: 4.14 tCO2e/$MNorthrop GrummanYear: 2024Scope 1: 284,710 tCO2eRevenue: $M 41,033Scope 1 Intensity: 6.94 tCO2e/$MAmerican Airlines GroupYear: 2023Scope 1: 37,533,000 tCO2eRevenue: $M 52,788Scope 1 Intensity: 711.01 tCO2e/$MHowmet AerospaceYear: 2024Scope 1: 390,000 tCO2eRevenue: $M 7,430Scope 1 Intensity: 52.49 tCO2e/$MUnion PacificYear: 2024Scope 1: 9,286,290 tCO2eRevenue: $M 24,250Scope 1 Intensity: 382.94 tCO2e/$M3MYear: 2024Scope 1: 1,500,000 tCO2eRevenue: $M 24,575Scope 1 Intensity: 61.04 tCO2e/$MClean HarborsYear: 2024Scope 1: 1,630,826 tCO2eRevenue: $M 5,890Scope 1 Intensity: 276.88 tCO2e/$MUnited Airlines HoldingsYear: 2024Scope 1: 38,520,027 tCO2eRevenue: $M 57,063Scope 1 Intensity: 675.04 tCO2e/$MGeneral ElectricYear: 2024Scope 1: 283,359 tCO2eRevenue: $M 38,702Scope 1 Intensity: 7.32 tCO2e/$MRepublic ServicesYear: 2022Scope 1: 13,688,116 tCO2eRevenue: $M 13,511Scope 1 Intensity: 1,013.09 tCO2e/$MDeere & CoYear: 2024Scope 1: 353,900 tCO2eRevenue: $M 50,518Scope 1 Intensity: 7.01 tCO2e/$MHoneywell InternationalYear: 2024Scope 1: 750,530 tCO2eRevenue: $M 38,498Scope 1 Intensity: 19.50 tCO2e/$MGeneral DynamicsYear: 2023Scope 1: 323,044 tCO2eRevenue: $M 42,272Scope 1 Intensity: 7.64 tCO2e/$MWaste ConnectionsYear: 2023Scope 1: 5,237,965 tCO2eRevenue: $M 8,022Scope 1 Intensity: 652.95 tCO2e/$MGE VernovaYear: 2024Scope 1: 226,811 tCO2eRevenue: $M 34,935Scope 1 Intensity: 6.49 tCO2e/$MKirbyYear: 2023Scope 1: 770,400 tCO2eRevenue: $M 3,092Scope 1 Intensity: 249.19 tCO2e/$MTopBuildYear: 2024Scope 1: 133,512 tCO2eRevenue: $M 5,330Scope 1 Intensity: 25.05 tCO2e/$MCasella Waste SystemsYear: 2024Scope 1: 762,217 tCO2eRevenue: $M 1,557Scope 1 Intensity: 489.45 tCO2e/$MAlamo GroupYear: 2024Scope 1: 22,924 tCO2eRevenue: $M 1,629Scope 1 Intensity: 14.08 tCO2e/$MOshkoshYear: 2024Scope 1: 70,000 tCO2eRevenue: $M 10,730Scope 1 Intensity: 6.52 tCO2e/$MABM IndustriesYear: 2023Scope 1: 44,746 tCO2eRevenue: $M 8,096Scope 1 Intensity: 5.53 tCO2e/$MWaste Management IncYear: 2023Scope 1: 14,938,730 tCO2eRevenue: $M 20,426Scope 1 Intensity: 731.36 tCO2e/$M

How does Waste Management Inc's GHG emissions intensity compare to its peers?

In 2023, Waste Management Inc reported a Scope 1 emissions intensity of 731.36 tCO₂e per millions USD. Compared to the peer group median of 34.65 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Waste Management Inc rank on GHG emissions intensity within its industry?

In 2023, Waste Management Inc ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Waste Management Inc among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Waste Management Inc's Total Carbon Footprint

In 2023, Waste Management Inc reported a total carbon footprint of 17,035,852 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.44% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Waste Management Inc's total carbon footprint was Scope 1 emissions, accounting for 87.69% of the company's total carbon footprint, followed by Scope 3 emissions at 10.63%. a

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