WM drops the waste

WM drops the waste

Company’s president and CEO uses Sustainability Forum to announce official name change.

February 18, 2022

Jim Fish, the president and CEO of Houston-based Waste Management Inc., says the company is officially shortening its name to just WM, commenting that the firm’s decades-long approach to sustainability has made it “much more than a waste management company.”

In a 10-minute video presentation prepared for the company’s February Sustainability Forum, Fish says, “Going forward, Waste Management will be known as WM.” Fish points to “the sustainable solutions we offer” and “the future we’re committed to” as reasons for the change.

Much of the video entails Fish describing “massive investments” WM has made to modify the garbage-to-landfill business model on which waste firms had traditionally relied.

“We expect to invest $200 million in recycling infrastructure in 2022,” he says. In 2021, Fish explains, WM recycled more than 15 million tons of materials at its materials recovery facilities (MRFs) and other plants.

“We’ve invested over $700 million since 2018 in new and improved MRFs,” he says. Fish referred to recently built or upgraded MRFs in Chicago, Salt Lake City, North Carolina and Southern California, saying major MRF renovations are underway or coming soon to Houston, Cleveland, Washington and Maryland.

A collection of nearly 30 such projects, Fish says, has contributed to a situation where “we’ve increased plastics capture by 25 percent, just since 2019."

Fish filmed part of the video at a 660-acre landfill site near Dallas he says helps host the company’s “renewable energy revolution.”   

“Massive investments,” he says, have resulted in landfill gas being collected, cleaned and distributed as “renewable natural gas (RNG) to power WM trucks and nearby communities.”

Referring to the Dallas landfill gas-to-RNG facility, Fish says, “Today we have 16 [such] plants across North America,” with some being partnerships, he added. WM is “building nine new ones by 2024” and has more “in the pipeline."

WM also is involved in more than 100 landfill gas-to-electricity projects, Fish says. RNG “powers more than 50 percent of our natural gas fleet and, by the way, that goal was for 2025."

He adds that WM has nearly 180 compressed natural gas (CNG) or RNG fueling stations, with 25 being open to the public. The “circular process,” says Fish in the video, is saving 146,000 gallons of diesel fuel “every single day” and yields enough energy to help power 490,000 homes. “I think it’s safe to say, WM is leading the renewable energy revolution,” he says.