Stakeholders

Click each box to see more information about our stakeholders
Suppliers help us deliver solutions sustainably and successfully around the world. We conduct business in a fair and professional manner. We are in regular communication with our suppliers, from initial screening and vendor selection through the fulfillment of procurement activities. We strive for the highest possible standards of business ethics, professional courtesy and competency in our engagements with suppliers. We are always looking for more sustainable sources of raw materials.
Researchers and equipment suppliers investigate new technologies. New technologies can help reduce emissions and improve the efficiency of Covanta processes, including Energy-from-Waste (EfW). We support research conducted by academic institutions and the Environmental Protection Agency (EPA); through the EPA’s Cooperative Research and Development Agreement, We also subcontract third parties on various topics related to our industry. Engagement is monthly, quarterly or annually, depending on the scope of the project, project phase and project manager.
Industry groups focus on energy, climate change and other environmental issues. These industry groups include the National Recycling Coalition, Energy Recovery Council, Business Council for Sustainable Energy, Biomass Power Association and the Ontario Waste Management Association. Covanta plays a leadership role or actively contributes to these engagements, with our executives serving on the boards or as association members.
Investors and shareholders support and invest in our business. We communicate on a regular basis through conversations, quarterly calls, an annual roadshow and individual contact with investors, as needed. We hosted our first ever Analyst Day in 2015. We also make announcements and file financial statements about a variety of topics, including news about our company’s financial health and plans about our growth. Please visit our investor relations website to access investor news, presentations and financial filings.
Municipal and corporate customers engage us to handle their waste resources in a sustainable manner. Each of our facilities has designated management personnel responsible for interacting with our customers and partners. We have held an annual partner’s conference since 1986, and we meet at each facility either monthly, quarterly or when deemed appropriate. Read more about how we work with our customers in the Meeting Clients’ Needs section of the report.
Community members live near or benefit from our services. Engagement with the community starts at the beginning of a facility’s development. We inform interested parties about the basic scope, objectives and operational aspects of a project. We also provide forums for community members to discuss concerns they may have about our facilities’ operations. Our outreach to communities may include in-person meetings, phone calls and informational publications. At our Energy-from-Waste (EfW) facilities, we have standardized our community engagement process as part of our facility-specific Community Outreach Plans (COPs). Our Community Outreach and Environmental Justice Policy is the foundation on which our plans are built. Visit the Community Relations section of this report for more information.
Policy makers shape policy surrounding our materials management and energy solutions, including Energy-from-Waste (EfW). We strive to ensure that the economic, environmental and societal benefits of EfW are taken into consideration when new policies are formulated. We do this by taking part in workgroups and other meetings or commenting on proposed changes in current policies. We engage with policy makers across our global operations.
We engage with government regulators to ensure we meet all legislative requirements. We also partner with regulators to conduct research and help develop innovative technologies that will increase the efficiency, safety and effectiveness of our sustainable solutions, including Energy-from-Waste (EfW). Project management meetings related to specific research initiatives may take place on a monthly, quarterly or annual basis, as appropriate.
Suppliers help us deliver solutions sustainably and successfully around the world. We conduct business in a fair and professional manner. We are in regular communication with our suppliers, from initial screening and vendor selection through the fulfillment of procurement activities. We strive for the highest possible standards of business ethics, professional courtesy and competency in our engagements with suppliers. We are always looking for more sustainable sources of raw materials.
Our employees drive the creation of business value and deliver innovative and sustainable solutions to our customers. We conduct periodic employee engagement surveys to gather information about employee’s interests, satisfaction and concerns. We also engage with employees through team meetings, individual performance reviews, skills development, professional training and other frequent activities and communications. Read more about engagement with employees in the Workforce Engagement section of this report.
Non-profit and non-governmental organizations (NGOs) help address issues related to environmental stewardship and social justice. We collaborate and interact with select organizations, including the Go Green Initiative and the Ocean Conservancy Trash Free Seas Alliance, to strengthen our policies, activities and performance. Through our Community Outreach and Environmental Justice Policy, we work to understand and resolve issues and concerns of our local community members.
Industry peers help drive our industry toward greater sustainability. We interact with our peers and competitors through industry groups and at industry conferences or events. Working with peers can help promote more sustainable waste management and energy solutions.
     
We engage with our key stakeholders to understand and address their interests and concerns that are related to our business. We communicate on a regular basis with individuals, groups and organizations to better achieve our Mission: providing sustainable waste and energy solutions to ensure no waste is ever wasted. We develop engagement strategies tailored to each stakeholder group and its specific issues of concern.
 

Engaging Stakeholders to Identify Covanta’s Material Issues

We believe that direct engagement with stakeholders is key to fully understanding issues and concerns related to our business activities. In 2015, we continued our tradition of reaching out to stakeholders who are experts in the environmental, social, technical, financial and political landscapes associated with sustainable waste and energy solutions. We invited some of these individuals to serve on a stakeholder panel to inform Covanta’s analysis of material issues—those priority topics of highest relevance to our company and our collective stakeholder base. The outcomes of the materiality analysis serve as the basis for our disclosures in this report and will help support strategic planning and goal setting into the future.

The stakeholder panelists provided their expertise and insights on topics during the materiality analysis and reviewed and shared feedback on analysis results. They also reviewed drafts of this report in an effort to further enhance and strengthen Covanta’s approach to disclosure.