Waste Management Inc

Common Name
Waste Management
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's GHG Emissions Data Preview

In 2023, Waste Management 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 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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Waste Management's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Waste Management 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).

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

Waste Management'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's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Waste Management were 14,938,730 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Waste Management reduced its Scope 1 emissions over time?

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

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

What are Waste Management's Scope 2 emissions?

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

Has Waste Management reduced its Scope 2 emissions over time?

Since 2018, Waste Management'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.

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

What methodology does Waste Management use for Scope 2 reporting?

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

Waste Management'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's Value Chain Emissions

In 2023, Waste Management reported 1,811,754 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Waste Management 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

Waste Management'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's Scope 3 emissions?

In 2023, Waste Management reported total Scope 3 emissions of 1,811,754 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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.

Has Waste Management reduced its Scope 3 emissions over time?

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

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

What categories of Scope 3 emissions does Waste Management disclose?

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

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

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

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

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

Waste Management's Scope 3 Emissions by Categories

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

Insights into Waste Management's Total Carbon Footprint

In 2023, Waste Management reported a total carbon footprint of 17,035,852 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

The largest contributor to Waste Management'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%.

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