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Strategy to meet the challenges of sustainability

Strategy to meet the challenges of sustainability and climate change

Defined environmental targets at centre of For Future Generations Sustainability Strategy launched today

Auckland, 31 October 2018: Waste Management NZ today launched its inaugural sustainability strategy, For Future Generations, which sets out the company’s sustainability goals as New Zealand’s largest waste and environmental services provider.

Managing Director Tom Nickels says For Future Generations lays the foundation to further reduce Waste Management’s greenhouse gas emissions in line with New Zealand’s climate change commitments and the Paris Agreement.

It also provides for specific approaches to sustainability across the business, working with the company’s communities, customers and internal teams.

“We are at a pivotal moment as the world strives to address climate change as well as the ongoing volatility in the global recycling market. The need for effective strategies in these areas is more pressing than ever,” says Mr Nickels.

Through the Climate Leaders Coalition, Waste Management has already committed to reducing its GHG emissions in line with the Paris Agreement in order to transition to the future low carbon economy.

“For Future Generations, will see us further reduce our emissions to help safeguard our environment,” says Mr Nickels.

“Over the last two years, we have built New Zealand’s first electric vehicle conversion workshop and converted six of our national truck fleet to electric.

“The potential reductions in diesel use and GHG emissions are significant as we continue to convert our fleet of 900 trucks and 300 cars”.

Waste Management has six EV trucks on the road, and plans to have 20 of its national truck fleet converted in the next two years. The company is aiming to have 92 electric cars by the end of 2019.

Developed with specialist external stakeholder input and expert review, the strategy will include the formation of a new board of external advisors. Sir Rob Fenwick, one of the country’s leading businesspeople and environmentalists, will be the first expert in this role.

Waste Management will report publicly on progress against the five programme areas in For Future Generations annually.

ENDS

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