Top Waste Management Stocks To Consider – January 4th – MarketBeat

Report on Leading Waste Management Stocks and Their Alignment with Sustainable Development Goals (SDGs)

This report highlights three prominent waste management stocks identified by MarketBeat’s stock screener tool: Waste Management (WM), GFL Environmental (GFL), and Custom Truck One Source (CTOS). These companies play a critical role in environmental sustainability by managing municipal, commercial, and industrial waste through collection, transportation, processing, recycling, and disposal services. Their operations contribute directly to several United Nations Sustainable Development Goals (SDGs), including SDG 11 (Sustainable Cities and Communities), SDG 12 (Responsible Consumption and Production), and SDG 13 (Climate Action).

1. Waste Management (WM)

Company Overview

Waste Management, Inc. provides comprehensive environmental solutions across the United States and Canada. The company’s services include:

• Collection and transportation of waste and recyclable materials
• Operation of transfer stations and material recovery facilities (MRFs)
• Development and management of landfill sites that generate renewable natural gas from landfill gas for electricity production

These activities support SDG 7 (Affordable and Clean Energy) through renewable natural gas generation and SDG 13 by reducing greenhouse gas emissions.

Read Our Latest Research Report on WM

2. GFL Environmental (GFL)

Company Overview

GFL Environmental Inc. specializes in non-hazardous solid waste management and environmental services in Canada and the United States. Its service portfolio includes:

• Solid waste management
• Liquid waste management
• Soil remediation
• Collection, transportation, transfer, recycling, and disposal services for municipal, residential, commercial, and industrial customers

GFL’s operations contribute to SDG 6 (Clean Water and Sanitation) by managing liquid waste and SDG 15 (Life on Land) through soil remediation initiatives.

Read Our Latest Research Report on GFL

3. Custom Truck One Source (CTOS)

Company Overview

Custom Truck One Source, Inc. provides specialty equipment rental and sales services supporting infrastructure industries such as electric utility transmission, telecommunications, rail, forestry, and waste management in the United States and Canada. The company operates through three segments:

1. Equipment Rental Solutions (ERS)
2. Truck and Equipment Sales (TES)
3. Aftermarket Parts and Services (APS)

By enabling efficient infrastructure maintenance and development, CTOS supports SDG 9 (Industry, Innovation, and Infrastructure) and SDG 11 (Sustainable Cities and Communities).

Read Our Latest Research Report on CTOS

Market Insights and Analyst Recommendations

MarketBeat monitors top-rated Wall Street analysts and their stock recommendations daily. Although Waste Management currently holds a Moderate Buy rating, analysts have identified five alternative stocks with stronger buy potential. This insight encourages investors to consider diversified opportunities within the waste management and environmental services sectors to support sustainable investment aligned with SDGs.

View The Five Stocks Here

Conclusion

The highlighted waste management companies demonstrate significant contributions to sustainable development through their environmental services and infrastructure support. Their operations align with multiple SDGs, emphasizing the importance of sustainable waste management practices in achieving global environmental and social objectives.

Sharing and Further Information

For further dissemination of this report and to promote awareness of sustainable investment opportunities in waste management, please share this information through the following platforms:

• Facebook
• Twitter
• LinkedIn
• StockTwits

1. Sustainable Development Goals (SDGs) Addressed or Connected

1. SDG 11: Sustainable Cities and Communities
   • The article discusses waste management services that contribute to sustainable urban living through proper waste collection, recycling, and disposal.
2. SDG 12: Responsible Consumption and Production
   • The focus on recycling, waste processing, and environmental services aligns with promoting sustainable consumption and production patterns.
3. SDG 13: Climate Action
   • Waste Management’s operation of landfill facilities producing landfill gas used as renewable natural gas for electricity generation supports climate action by reducing greenhouse gas emissions.
4. SDG 9: Industry, Innovation and Infrastructure
   • Custom Truck One Source provides specialty equipment rental and sales to infrastructure-related industries, supporting resilient infrastructure and innovation.
5. SDG 6: Clean Water and Sanitation
   • GFL Environmental’s liquid waste management and soil remediation services contribute to clean water and sanitation by managing waste that could affect water quality.

2. Specific Targets Under Those SDGs Identified

1. SDG 11: Target 11.6
   • Reduce the adverse per capita environmental impact of cities, including by paying special attention to air quality and municipal and other waste management.
2. SDG 12: Target 12.5
   • Substantially reduce waste generation through prevention, reduction, recycling, and reuse.
3. SDG 13: Target 13.2
   • Integrate climate change measures into policies and strategies, such as using renewable energy sources like landfill gas for electricity generation.
4. SDG 9: Target 9.1
   • Develop quality, reliable, sustainable, and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being.
5. SDG 6: Target 6.3
   • Improve water quality by reducing pollution, eliminating dumping, and minimizing release of hazardous chemicals and materials.

3. Indicators Mentioned or Implied to Measure Progress

1. Indicator for SDG 11.6
   • Municipal waste collected and managed in controlled facilities.
   • Reduction in per capita waste generation.
2. Indicator for SDG 12.5
   • Amount of waste recycled and reused as a percentage of total waste generated.
3. Indicator for SDG 13.2
   • Amount of renewable energy generated from landfill gas (e.g., landfill gas used as renewable natural gas for electricity).
4. Indicator for SDG 9.1
   • Availability and use of specialty equipment supporting infrastructure sectors.
5. Indicator for SDG 6.3
   • Volume of liquid waste treated and soil remediated to reduce pollution.

4. Table of SDGs, Targets, and Indicators

Source: marketbeat.com