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Is Waste Management a Winner in the Environmental Services Industry?

Published 07/16/2021, 10:49 AM
Updated 07/16/2021, 11:30 AM
© Reuters.  Is Waste Management a Winner in the Environmental Services Industry?

Waste Management (NYSE:WM) is a leading player in the environmental services industry and has been recognized by multiple organizations for its work in the field of environmental sustainability. But will the company be able to maintain its strong foothold and retain its position as an industry leader amid rising competition? Read more to find out.Houston, Tex.-based environmental waste management services provider Waste Management, Inc. (WM) offers its services to residential, industrial, commercial, and municipal customers across North America. The company has an ISS Governance quality score of 1, which indicates minimal governance risk.

Shares of WM have gained 33.7% over the past year, and 23.3% year-to-date.

WM was listed in Fortune’s annual “World Most Admired Companies” in 2021 for the third year in a row. Furthermore, the company has been ranked #1 in Fortune’s industry category this year, moving up from the #6 position it held last year. This reflects WM’s improving business structure and its strong foothold in the sustainability space. WM was also recognized in the non-profit CDP’s A list in 2020, for the fifth year in a row, owing to its leadership in corporate sustainability and environmental action.

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