Here’s our list of all the top waste management stocks for climate change that are listed on the New York Stock Exchange (NYSE) as of 09/23/20.
We put it together at Carbon Collective because we wanted a way to invest in all of the companies building solutions to climate change. From renewable energy stocks, to LEDs stocks, to recycling stocks.
For humanity to stop climate change, we need to process our waste far more sustainably. According to Project Drawdown, each of the following has the potential to reduce global carbon emission significantly.
- Recycled paper: 1 – 2 gigatons CO2e reduction potential
- Home & industrial recycling: 5 – 6 gigatons of CO2e reduction potential
- Landfill methane capture: (-1) – 2 gigatons of CO2e reduction potential
- Why negative? If nothing is done it could lead to landfills having a higher carbon footprint
- Composting: 2 – 3 gigatons of CO2e reduction potential
We focused on landfill methane capture as recycling and composting levels are often decided at the municipal level. To be included in the list below, a waste management company must have methane capture infrastructure installed on over 50% of its landfills.
Disclaimer: We had trouble finding all of these stocks in one place online. So, we built the following list. We’re publishing it purely for informational purposes and not a recommendation to buy or sell.
- % CHANGE (3-YR)
- % CHANGE (5-YR)
Casella is a waste management co. in NE US. They capture methane at over half of their landfills and have built regional recycling and composting programs
Waste Connections collects methane from other half of their landfills in addition to recycling or "diverting" over 50% of what they collect away from landfills.
WM captures methane at 62% of its landfills and is a national leader in advocating for recycling and municipal compost
We’ve updated this list as of 09/23/20. If there are companies that you believe we are missing, we’d love your help keeping this list up to date. Please email firstname.lastname@example.org.
About Carbon Collective:
We built Carbon Collective because we couldn’t find anywhere to invest our retirement savings that made both ethical and financial sense in the age of climate change.
So we built the world’s first series of climate-friendly, diversified, low-fee investment portfolios and teamed up with a world class online brokerage platform to automatically manage them.
Imagine an index fund in a world without fossil fuels. That’s how we build our portfolios. We replace the high-carbon parts of the stock market (fossil fuels, dirty utilities, airlines, etc.) with the companies building solutions to climate change (renewable energy, circular economy, energy efficiency, etc.).
Checkout their historical performance, carbon footprint, and fees compared to common standard and ethical portfolios.