Clean Harbors Achieves More Than 3.5 Million Metric Tons of Greenhouse Gas (GHG) Avoidance in 2023; Issues 2024 Sustainability Report

Rhea-AI Summary

Clean Harbors, the leading environmental and industrial services provider in North America, has released its 2024 Sustainability Report. The report highlights the company's significant environmental impact in 2023:

• Avoided over 3.5 million metric tons of greenhouse gas (GHG) emissions, more than double its own operational emissions
• Responded to nearly 14,000 emergency events involving hazardous material releases
• Ranked 13th globally and 2nd among U.S. companies in the list of 100 Most Sustainable Corporations in the World

The report outlines Clean Harbors' sustainable services, including waste and recycling solutions, emergency response, wastewater treatment, and used oil recovery. It also updates progress on the company's 2030 environmental and social goals, emphasizing its commitment to helping customers achieve their sustainability objectives.

NORWELL, Mass.--(BUSINESS WIRE)-- Clean Harbors, Inc. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today published its 2024 Sustainability Report, which contains its latest environmental, social, and governance data. In 2023, Clean Harbors avoided more than double the greenhouse gas (GHG) emissions generated by the Company’s operations.

Clean Harbors 2024 Sustainability Report (Photo: Business Wire)

“We are proud of the measurable and positive impact that our organization makes on the environment each and every day,” said Eric Gerstenberg, Co-Chief Executive Officer. “Protection of the environment forms the bedrock of our organization. In 2023, through our recycling programs and the safe destruction of ozone-depleting chemicals in our facilities, we avoided more than 3.5 million metric tons of GHG. Our Field Services business responded to nearly 14,000 emergency events last year where hazardous materials were released into the environment.”

The 2024 report, which is available at www.cleanharbors.com/about-us/sustainability, highlights the suite of sustainable solutions Clean Harbors offers its customers as well as its own sustainability programs and initiatives. The report centers around the Company’s twofold focus; to mitigate its own resource consumption (environmental footprint) as well as to provide a mechanism for its customers to minimize their impact and achieve their sustainability goals (environmental handprint).

“Clean Harbors remains committed to not only protecting the environment through our own sustainable business practices, but providing our customers with the solutions they need to minimize their environmental impacts,” said Mike Battles, Co-Chief Executive Officer. “The green solutions we provide enable our customers to improve their own sustainable footprint and join in our mission to protect the environment not only in the communities we serve, but across North America.”

The 2024 report outlines Clean Harbors sustainable environmental and industrial services including waste and recycling solutions, emergency and environmental response, wastewater treatment, used oil and solvent recovery, reclamation and more. The report also provides an update on the Company’s progress toward its 2030 goals, introducing Our Environment and Our People objectives for 2030 while celebrating external recognition of the Company’s achievements in sustainability. Just this year, Clean Harbors was included in the list of the 100 Most Sustainable Corporations in the World, ranking 13th globally and second among all U.S.-based companies.

About Clean Harbors

Clean Harbors (NYSE: CLH) is North America’s leading provider of environmental and industrial services. The Company serves a diverse customer base, including a majority of Fortune 500 companies. Its customer base spans a number of industries, including chemical, manufacturing and refining, as well as numerous government agencies. These customers rely on Clean Harbors to deliver a broad range of services such as end-to-end hazardous waste management, emergency spill response, industrial cleaning and maintenance, and recycling services. Through its Safety-Kleen subsidiary, Clean Harbors also is a leading provider of parts washers and environmental services to commercial, industrial and automotive customers, as well as North America’s largest re-refiner and recycler of used oil. Founded in 1980 and based in Massachusetts, Clean Harbors operates in the United States, Canada, Mexico, Puerto Rico and India. For more information, visit www.cleanharbors.com.

Safe Harbor Statement

Any statements contained herein that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are generally identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans to,” “seeks,” “should,” “estimates,” “projects,” “may,” “likely,” “potential” or similar expressions. Such statements may include, but are not limited to, statements about the Company’s ESG plans and goals, and other statements that are not historical facts. Such statements are based upon the beliefs and expectations of Clean Harbors’ management as of this date only and are subject to certain risks and uncertainties that could cause actual results to differ materially, including, without limitation, those items identified as “Risk Factors” in Clean Harbors’ most recently filed reports on Form 10-K and Form 10-Q. Forward-looking statements are neither historical facts nor assurances of future performance. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. Clean Harbors undertakes no obligation to revise or publicly release the results of any revision to these forward-looking statements other than through its filings with the Securities and Exchange Commission, which may be viewed in the “Investors” section of Clean Harbors’ website at www.cleanharbors.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240821508351/en/

Eric J. Dugas

EVP and Chief Financial Officer

Clean Harbors, Inc.

781.792.5100

InvestorRelations@cleanharbors.com

Jim Buckley

SVP Investor Relations

Clean Harbors, Inc.

781.792.5100

Buckley.James@cleanharbors.com

Source: Clean Harbors, Inc.

FAQ

How much greenhouse gas emissions did Clean Harbors (CLH) avoid in 2023?

Clean Harbors (CLH) avoided more than 3.5 million metric tons of greenhouse gas emissions in 2023, which is more than double the emissions generated by the company's own operations.

What ranking did Clean Harbors (CLH) achieve in the 100 Most Sustainable Corporations list?

Clean Harbors (CLH) ranked 13th globally and 2nd among all U.S.-based companies in the list of the 100 Most Sustainable Corporations in the World.

How many emergency events did Clean Harbors (CLH) respond to in 2023?

Clean Harbors (CLH) responded to nearly 14,000 emergency events in 2023 where hazardous materials were released into the environment.

What sustainable services does Clean Harbors (CLH) offer according to its 2024 Sustainability Report?

According to its 2024 Sustainability Report, Clean Harbors (CLH) offers sustainable services including waste and recycling solutions, emergency and environmental response, wastewater treatment, used oil and solvent recovery, and reclamation.