Reworld sustainability report highlights 81 percent increase in waste recycled or reused
Report highlights significant growth in waste recycling and wastewater treatment sectors
Reworld, formerly known as Covanta, has released its 2024 Sustainability Report, which integrates the sustainability achievements of eight acquired companies.
Five focused service lines comprise this transformation: ReDirect360 (zero waste-to-landfill solutions), ReKiln Fuels (engineered solutions), ReDrop (wastewater treatment), ReMove (waste logistics), and ReCredit (sustainable carbon offsets). These services provide comprehensive, customized solutions that help manage costs and minimize risks for corporate and municipal customers.
"At Reworld, sustainability isn't merely a goal – it's our central focus, and our latest report underscores this principle with the remarkable progress we've achieved as a company," remarked Tequila Smith, chief Sustainability Officer at Reworld. "Over the last two years, we have significantly grown our industry footprint and invested in technologies that deliver smart, sustainable solutions, transforming waste into economic, environmental, and social values for our customers, communities, and society."
The following highlights are from the Reworld's 2024 Sustainability Report.
- Reworld achieved an 81 percent increase in waste recycled and/or reused compared to 2021.
- Reworld achieved a 97 percent landfill diversion rate, annually.
- Reworld sustainably managed 20 million tons of waste in 2023.
- The amount of wastewater Reworld treated in 2023 more than doubled from the previous year.
- The company's thermomechanical treatment facilities, which perform waste-to-energy services, divert 19 million tons of waste from landfills yearly. The facilities, which deliver 41M metric tons of lifecycle greenhouse gas savings yearly, outperform wind and solar by a factor of 10 in their ability to mitigate greenhouse gas emissions.
The sustainability report also emphasizes the company's commitment to the community and workforce:
- Reworld employees are engaged in their local communities, having completed more than 12,000 service hours, 100 community cleanup events, and 300 facility tours.
- Since 2020, the Reworld workforce has grown in both size (17 percent increase) and geographical footprint, including a 43 percent increase in female employees and a focus on local community engagement, diversity, and veteran hiring.
- Reworld achieved a 71 percent better safety performance than the waste industry average.
The report also lists the company's finance-linked sustainability goals for 2025, including recycling and reusing 25 percent more waste relative to an adjusted 2020 baseline.