Covanta Gives Update on its Latest Sustainability Achievements and Goals
Covanta (NYSE: CVA), a leader in sustainable waste and energy solutions, recently released its latest summary report related to sustainability performance. We reported on the company’s sustainability report at the end of 2021, but with updated data, the company has more details to share.
In particular, with full-year 2020 data in hand, the company touts several key achievements:
Diverted 21.2 million tons of waste away from landfills and converted it to energy
Reduced greenhouse gas emissions by 18.8 million tons
Executed strategic growth in the United Kingdom, with progress on four new Waste-to-Energy projects helping the UK toward its goal of landfill diversion and self-sufficiency in waste
Recycled nearly 1 million tons, including aluminum equivalent to 3 billion beverage cans and enough industrial wastewater to fill more than 100 Olympic-sized swimming pools
In a statement, Azeez Mohammed, president & chief executive officer at Covanta, noted that, “Covanta’s progress, even during the disruptions and uncertainty of the pandemic, underscored our mission to protecting tomorrow, the core tenet of our sustainability pledge. As we forge ahead, we cannot forget the lessons or take for granted the growing value of sustainable strategies and services have for our communities.”
The report notes that Covanta also made significant progress in its goals toward diversity, equity and inclusion (DEI) and environmental injustice. Highlights include:
Expanded its public transparency, publishing continuous emissions monitoring results online for its Waste-to-Energy facilities in New Jersey, Virginia and Pennsylvania with more facilities to come
Further upgraded its Waste-to-Energy facilities in Lorton, Va. and Alexandria, Va., which are both within or near environmental justice communities, to significantly reduce emissions of nitrogen oxides
View Covanta’s full 2021 Sustainability Report here.
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