Waste Management, an environmental and recycling services company, was named one of the most ethical companies in the world for the ninth year in a row.
The company was recognized in the annual “World’s Most Ethical Companies” list published by the Ethisphere Institute. Waste Management was the only company listed in the category of environmental services.
Ethisphere generates its list based on the scores companies receive in five categories: ethics and compliance programs, corporate citizenship and responsibility, culture of ethics, governance and leadership, and innovation and reputation.
“Saying the right things is easy. It’s doing the right things, however, that makes the real difference,” said David Steiner, president and chief executive officer of Waste Management. “Ethical business practices are at the heart of everything our 40,000 teammates do every day. We’re tremendously proud of them and grateful for this recognition from Ethisphere.”
Waste Management operates transfer stations, recycling facilities and waste pick-up services throughout the U.S. and Canada and has more than 21 million customers, according to its website. The company, headquartered in Houston, Texas, aims to manage more than 20 million tons of recyclable material annually by 2020. It handled more than 15 million tons in 2015.
The recognition comes as the stock of Waste Management reached a 52-week high with a target price of $87.85, reported the Franklin Independent.