WM 📈 Waste Management - Overview

Waste Management, Inc. operates as a comprehensive environmental solutions provider, catering to a diverse range of customers across the United States and Canada, including residential, commercial, industrial, and municipal entities. The company's service portfolio encompasses collection services, where it collects and transports waste and recyclable materials from the point of generation to transfer stations, material recovery facilities, or disposal sites. This is facilitated through its extensive network of owned and operated transfer stations, as well as landfill facilities that not only manage waste disposal but also produce landfill gas, which is then utilized as renewable natural gas for electricity generation.

As of the end of 2022, Waste Management, Inc. had a significant presence in the waste management sector, with ownership or operational control of 254 solid waste landfills, five secure hazardous waste landfills, 97 material recovery facilities (MRFs), and 337 transfer stations. The MRFs play a crucial role in the company's operations, as they are used for materials processing and commodities recycling. At these facilities, a variety of materials such as cardboard, paper, glass, metals, plastics, and construction and demolition materials are processed and recovered for resale or repurposed for other uses. Additionally, the company offers recycling brokerage services, managing the marketing of recyclable materials on behalf of third-party clients, and provides other strategic business solutions tailored to meet specific customer needs.

Waste Management, Inc. also diversifies its offerings through the provision of construction and remediation services, as well as specialized services related to the disposal of fly ash and residue generated from the combustion of coal and other fuel stocks. Furthermore, the company delivers in-plant services, which include full-service waste management solutions and consulting services designed to optimize waste management practices for its clients. For the oil and gas exploration and production sector, Waste Management, Inc. offers specialized disposal services, underscoring its commitment to providing sector-specific solutions. With a history dating back to 1987 and a name change from USA Waste Services, Inc. to Waste Management, Inc. in 1998, the company is headquartered in Houston, Texas, and is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol WM.

The company's operational footprint and service offerings are aligned with the growing need for effective and sustainable waste management practices. Through its website, https://www.wm.com, and with an ISIN of US94106L1098, Waste Management, Inc. is classified as a common stock under the GICS Sub Industry of Environmental & Facilities Services. This classification reflects the company's core business activities, which are centered on providing a wide array of environmental solutions and facilities services to its customer base. By focusing on both the collection and processing of waste, as well as the recovery and recycling of materials, Waste Management, Inc. plays a pivotal role in the environmental services sector, contributing to more sustainable waste management practices across North America.