STOCK TITAN

'Tis the Season for Holiday Recycling!

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

Republic Services (NYSE: RSG) anticipates a rise in discarded packaging this holiday season, with a projected $859 billion in retail sales, according to the National Retail Federation. The company emphasizes the significance of proper recycling as online shopping grows and raw material shortages persist. Vice President Pete Keller highlights the potential for recycling to support a circular economy. Consumers can recycle items like flattened boxes and paper gift bags, while avoiding non-recyclables such as bubble wrap and holiday lights. For more recycling tips, visit RecyclingSimplified.com.

Positive
  • Projected retail sales for Nov/Dec expected to reach $859 billion, up 8.5% from 2020.
  • Company encourages consumers to recycle, potentially increasing recycling rates.
Negative
  • Rise in packaging waste could pose operational challenges during peak recycling season.

PHOENIX, Dec. 13, 2021 /PRNewswire/ -- Republic Services (NYSE: RSG) is bracing for an influx of discarded packaging material this holiday season and is offering tips to consumers as they head to their recycling carts with boxes, bows and gift bags. The National Retail Federation projects November/December retail sales of $859 billion, up 8.5 percent from 2020. And last year alone, the United States Postal Service delivered 1.1 billion packages during the holiday season and is expecting more of the same this year.

With consumers doing more of their holiday shopping online and supply chain issues limiting the availability of raw materials, it's more important than ever to recycle properly.

"People can support a circular economy this holiday season by placing boxes, wrappings and packing material in their recycling bins," said Pete Keller, vice president of recycling and sustainability. "Republic Services is committed to making recycling easier and helping more Americans make it part of their daily routine. Together, we can give these materials a second life as new products this holiday season."

Did you know that 80 percent of holiday waste can be reused, re-purposed, or recycled? Follow these simple tips to be sure you're recycling properly:

  • Recycle What You Can - Flattened boxes, wrapping paper, paper-only cards (no glitter or foil), paper gift bags (no handles or ribbon), and tissue paper can all be recycled.
  • Dispose of Trees Properly - Check your municipality's guidelines for natural or artificial tree disposal to determine the correct waste cart.
  • Organize Food Waste - Compost leftover food if you have an organics cart. Place cooking oil in a sealed container and take it to a household hazardous waste facility.
  • Reuse Materials - Save non-recyclables like bubble wrap, ribbons, and bows for your next gifting event.
  • Choose Simple - Choose non-laminated, glitter-free wrapping paper and gift bags when you're shopping for wrapping supplies to allow the person you gifted to recycle them.

Common holiday items that do not belong in recycling include: bubble wrap, cellophane, holiday ribbons and bows, batteries, clothing and shoes, holiday lights, electronics and foam packaging. All of these items and materials should be placed in a waste container, not recycled. For more tips on holiday recycling, visit RecyclingSimplified.com.

About Republic Services
Republic Services, Inc. is a leader in the U.S. environmental services industry. Through its subsidiaries, the Company provides superior customer experience while fostering a sustainable Blue Planet® for future generations to enjoy a cleaner, safer and healthier world. For more information, visit RepublicServices.com, or follow us at Facebook.com/RepublicServices, @RepublicService on Twitter, or Republic Services on LinkedIn.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/tis-the-season-for-holiday-recycling-301442643.html

SOURCE Republic Services, Inc.

FAQ

What is Republic Services' forecast for holiday recycling in 2021?

Republic Services expects an influx of discarded packaging material due to increased online shopping.

How much are retail sales projected for the holiday season in 2021?

Retail sales for November and December 2021 are projected to be $859 billion, an increase of 8.5% from 2020.

What items can be recycled during the holiday season according to Republic Services?

Flattened boxes, wrapping paper, and paper gift bags (no handles) can be recycled.

What materials should not be recycled during the holidays?

Items like bubble wrap, cellophane, holiday ribbons, and electronic waste should not be recycled.

Where can I find more tips on holiday recycling?

For additional recycling tips, visit RecyclingSimplified.com.

Republic Services Inc.

NYSE:RSG

RSG Rankings

RSG Latest News

RSG Stock Data

63.73B
312.42M
0.12%
96.8%
0.82%
Waste Management
Refuse Systems
Link
United States of America
PHOENIX