Progressive Waste Solutions Ltd. (Progressive), based in Vaughan, Ontario has received its highest score (96 out of 100) in 10 years of participating in the CDP Report (formerly known as the Carbon Disclosure Project – a global multi-stakeholder approach to sustainability reporting founded in the UK). The outcome is attributable in part to the company’s 2013 decision to embrace natural gas fuelled waste collection vehicles.
The CDP is recognized for its leadership in the quality of climate change data it has submitted to the global marketplace and is the world’s only global environmental disclosure system which tracks how the world’s largest listed companies are acting in response to a changing climate. The CDP’s climate change program is designed to facilitate the management of greenhouse gas emissions and identify the risks and opportunities associated with climate change. More than 4,100 companies participate.
“We are very proud of our work in reducing our carbon footprint which underscores the progressive approach we take towards creating a more sustainable future for our customers, employees and the communities we serve,” said Joseph Quarin, President and Chief Executive Officer of Progressive. “This is an important measure to evaluate our progress towards lowering our greenhouse gas emissions which have been primarily focused on two areas – landfill gas management and the conversion of our collection fleet to natural gas.”
In March 2015, the company officially opened its renewable natural gas facility, the largest of its kind in Canada and one of the largest in North America. The facility located in Terrebonne, Quebec, near Montreal, is converting landfill gas to natural gas which is then delivered to the TransCanada pipeline network, via an injection point adjacent to the landfill site. The facility is designed to process approximately 10,000 cubic feet per minute of incoming landfill gas.
The gas generated at the site is the equivalent of reducing the need for approximately 350,000 barrels of oil per year or the fueling of 1,500 trucks for 20 years.
Progressive launched a corporate initiative in 2013 to replace its diesel-powered collection fleet with vehicles using natural gas, which is an economical and environmentally friendly fuel choice for transportation. The Company now has the largest fleet of compressed natural gas (CNG) powered collection vehicles in operation in Canada with CNG fleets in Surrey and Coquitlam, British Columbia and Simcoe County, Ontario and in Montreal, Quebec. By the end of 2015, Progressive Waste will add another 63 CNG vehicles to service the Region of Peel starting in January 2016.
The Company’s high scores within the CDP Report indicates the provision of robust climate data and a good understanding of climate change related issues affecting the corporation. Through various channels, including Bloomberg terminals, these scores are communicated to investors and other decision makers to assess corporate preparedness for changing market demands and emissions regulation.
(Source: Progressive Waste Solutions Ltd.)