Covanta’s sustainability program and disclosures are designed with its stakeholders in mind. We regularly engage with key external stakeholders to understand and address their highest priority interests and concerns related to our business. We communicate on a regular basis with individuals, groups and organizations to better achieve our mission of providing sustainable waste and energy solutions to ensure no waste is ever wasted.

Employees

Our corporate culture is focused on the triple bottom line of sustainability (people, planet, prosperity) in support of our mission. Whether it involves protecting the safety and health of our coworkers, leading continuous improvement ideas, interacting with our communities or operating our facilities efficiently, our employees drive our business. We deliver on our business mission by fostering a strong safety culture, supporting community involvement and building a respectful workforce that champions diversity and inclusivity.

Engagement Highlights:

  • Annual performance reviews between employees and managers
  • Periodic and frequent structured training exercises in the areas of safety, health and environment (SHE), environmental sustainability, health & wellness, diversity & inclusion and business ethics
  • Peer mentoring and feedback opportunities
  • Monthly facility meetings to communicate feedback and learnings from recent company events, updates on safety and health initiatives, and updates on site safety concerns
  • Monthly departmental discussions

Clients

To help our corporate and municipal clients meet their sustainability goals, we deliver sustainable waste and materials management solutions, from the largest fleet of EfW facilities in the world to wastewater treatment, reverse distribution, product depackaging and tailored commercial waste services.

Engagement Highlights:

  • Frequent communications on sustainability challenges and opportunities
  • Cooperative engagement on public policy issues pertaining to energy; climate change resiliency, adaptation and mitigation; and waste management

Community

Mutual acceptance and respect between Covanta and our communities is essential to productive operations. We work continually to be a good neighbor and to invest human and financial resources in the communities where our facilities are located.

Engagement Highlights:

  • 100 percent of our EfW facilities have formal community engagement plans focused around community stewardship, sustainable communities, green education and environmental responsibility.
  • Over 20,000 community members are toured through our EfW facilities annually.

Investors

Our goal is to provide an attractive free cash flow profile to our investors by utilizing our irreplaceable infrastructure assets to offer sustainable waste, material and energy services while investing in new initiatives in the U.S. and overseas to expand the breadth of our capabilities. We regularly communicate our business strategies and financial performance to investors in our company through financial reports, SEC filings and proxy statements as well as investor conferences and meetings.

Engagement Highlights:

  • During 2018, our management participated in 15 non-deal road shows, seven investor conferences and over 100 investor conference calls.
  • In late 2018, in order to receive more comprehensive investor feedback we also commissioned a third-party perception study of our investors and sell-side analysts, providing them an opportunity to discuss their views on Covanta’s growth prospects, strengths and weaknesses, disclosures, and opportunities for improvement. Feedback from this study was shared with senior management and the Board of Directors.