MORRISTOWN, N.J., Dec. 15, 2017 /PRNewswire/ -- Covanta
(NYSE: CVA), a world leader in sustainable waste and energy solutions, today released its latest Sustainability Report, detailing its sustainability performance and progress against
goals.
"At Covanta, we work every day to protect tomorrow," said Covanta President and CEO Stephen J.
Jones. "Our operations help communities, clients and customers find practical solutions to waste and materials management
while generating clean energy. By running our business responsibly, efficiently and profitably, we are addressing the three
pillars of sustainability: people, planet and prosperity."
The report details specific progress in Covanta's sustainability focus areas, which include: Materials Management,
Environmental, Community Relations, Safety and Health, and Workforce Engagement. Highlights from the report include:
- Avoided, recycled or reused over 900,000 tons of waste (a 60 percent increase),
meeting a goal four years early
- Achieved a two-fold increase in non-ferrous metals recovered for recycling over the past
five years – Covanta now recycles more than 510,000 tons of metal annually
- Increased use of alternative water sources. Reclaimed wastewater, stormwater, saline water and once-through cooling discharge now
comprise 35 percent of process water utilized
- Partnered with communities and law enforcement to safely destroy over 4 million pounds of unwanted medications through the
Rx4Safety program, helping to curb abuse and protect water supplies
- Continued to make workplace safety the top priority: 26
Covanta facilities and/or groups were awarded the Occupational Excellence Achievement Award by the National Safety Council
- Supported the transition of military veterans into the
workforce with over 150 new veteran hires. Veterans now represent 15 percent of the Covanta employee base.
"Sustainably isn't just the way we conduct our business, it is our business," said Paul Gilman,
Covanta's chief sustainability officer. "Environmental and social responsibility are at the core of everything we do. Therefore,
our sustainability goals guide not only our work in the sustainable waste management sector, but also ensure we provide a safe
and diverse workplace for our employees, continue our practice of developing and maintaining strong ties with local communities
and maintain our track record of delivering 'beyond compliance' environmental performance. I'm very pleased with the considerable
strides we have made toward achieving our targets."
The complete report, prepared in accordance with the latest Global Reporting Initiative (GRI) guidelines, is available at
http://covanta-csr.com.
About Covanta
Covanta is a world leader in providing sustainable waste and energy solutions. Annually, Covanta's modern Energy-from-Waste
facilities safely convert approximately 20 million tons of waste from municipalities and businesses into clean, renewable
electricity to power one million homes and recycle approximately 500,000 tons of metal. Through a vast network of treatment and
recycling facilities, Covanta also provides comprehensive industrial material management services to companies seeking solutions
to some of today's most complex environmental challenges. For more information, visit covanta.com.
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SOURCE Covanta Holding Corporation