STOCK TITAN

Republic Services Expands Organics Recycling in California with Anaerobic Digestion Facility

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

On March 27, 2023, Republic Services (NYSE: RSG) announced its acquisition of North State Bioenergy, an anaerobic digestion facility in Northern California. This expansion of organics recycling operations will aid in the diversion of food and yard waste from landfills, aligning with California's climate strategy and helping customers meet sustainability goals. The facility generates biogas, used for electricity or renewable natural gas for fleet vehicles. In 2022, Republic recycled 1 million tons of organic waste, significantly reducing emissions. This initiative supports Republic's goal to increase material recovery by 40% by 2030.

Positive
  • Acquisition of North State Bioenergy enhances organics recycling capabilities.
  • Facility helps clients comply with California's climate laws.
  • Sustainability efforts significantly reduce emissions equivalent to 16,000 vehicles.
  • Supports Republic's commitment to increase recycling by 40% by 2030.
Negative
  • None.

Site produces renewable energy from food waste, helps customers meet climate action goals

PHOENIX, March 27, 2023 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG), a leader in the environmental services industry, today announced a significant expansion of its organics recycling operations in California with the acquisition of North State Bioenergy, an anaerobic digestion facility north of Sacramento. California requires the diversion of food and yard waste from landfills as part of its climate strategy, and this important infrastructure will play a key role in helping Republic customers comply with the law and meet their own sustainability goals.

"Republic Services is a leader in recycling and composting in California, and we're committed to helping our customers divert valuable material from the waste stream and reduce emissions," said Pete Keller, vice president of recycling and sustainability. "California is taking bold steps to address climate challenges, and we're continuing to invest in solutions that enable greater circularity and support decarbonization."

The North State Bioenergy facility recycles food waste and other organics collected from across Northern California. The anaerobic digestion process breaks down this organic material and creates biogas, which can be used to generate electricity or converted into renewable natural gas to fuel vehicles in Republic's fleet. Today, the facility's operations are fully circular, with biogas generating enough electricity to power the facility.

Republic has extensive operations in California to support organics recycling, including six compost facilities and three commercial food waste pre-processing sites. The North State facility is the Company's first anaerobic digester.

In 2022, Republic recycled 1 million tons of food and yard waste. Diverting this organic material from a landfill provides a climate benefit equivalent to removing the annual emissions of 16,000 passenger vehicles. Organics recycling directly supports Republic's sustainability goal to increase recovery and circularity of key materials from the waste stream by 40% by 2030. 

About Republic Services
Republic Services, Inc. is a leader in the environmental services industry. Through its subsidiaries, the Company provides customers with the most complete set of products and services, including recycling, solid waste, special waste, hazardous waste, container rental and field services. Republic's industry-leading commitments to advance circularity, reduce emissions and decarbonize operations are helping deliver on its vision to partner with customers to create a more sustainable world. For more information, please visit RepublicServices.com.

Republic Services logo (PRNewsfoto/Republic Services, Inc.)

Media
Media@RepublicServices.com
(480) 757-9770

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/republic-services-expands-organics-recycling-in-california-with-anaerobic-digestion-facility-301781466.html

SOURCE Republic Services, Inc.

FAQ

What is the significance of Republic Services acquiring North State Bioenergy?

The acquisition expands Republic Services' organics recycling operations, helping to divert waste from landfills and support climate goals.

How much organic waste did Republic Services recycle in 2022?

Republic Services recycled 1 million tons of food and yard waste in 2022.

What are the environmental benefits of Republic Services' organics recycling?

Recycling organic waste helps reduce emissions equivalent to the annual emissions of 16,000 passenger vehicles.

What is Republic Services' sustainability goal for 2030?

Republic Services aims to increase the recovery and circularity of key materials from its waste stream by 40% by 2030.

Republic Services Inc.

NYSE:RSG

RSG Rankings

RSG Latest News

RSG Stock Data

65.10B
313.15M
0.12%
96.87%
0.87%
Waste Management
Refuse Systems
Link
United States of America
PHOENIX