Enviri releases annual ESG Report showcasing significant progress toward sustainability goals

Rhea-AI Summary

Enviri (NYSE: NVRI), a global leader in environmental solutions for industrial and specialty waste streams, has released its 2023 Environmental, Social, and Governance (ESG) Report. The report, Enviri's fifth annual publication, highlights significant progress towards sustainability goals across four key focus areas.

Key achievements include:

• Company divisions recycled or reused 19 million tons of waste
• Harsco Environmental recycled or reused 93% of processed steel slag (8.7 million tons)
• Clean Earth recycled or reused 91% of processed waste materials (3.9 million tons)

CEO Nick Grasberger emphasized Enviri's commitment to transforming challenging waste into reusable resources, contributing to a better future for people and the planet. The report outlines the company's ambitions, goals, and impact metrics in its journey to create a greener world.

PHILADELPHIA, July 25, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI), a global market-leading provider of environmental solutions for industrial and specialty waste streams, today announced the publication of its 2023 Environmental, Social, and Governance (ESG) Report. Enviri’s fifth annual ESG Report outlines the Company’s ambitions, goals, and impact metrics across its four focus areas, sharing Enviri’s journey in transforming the world to green.

“I’m pleased to share our 2023 ESG Report, showcasing the goals and progress of our comprehensive sustainability strategy to develop and deliver environmental solutions,” said Nick Grasberger, Chairman & CEO of Enviri Corporation. “Enviri reimagines how some of the world’s most challenging waste can be remediated, recycled, and reused, and our work leads us towards a better future for our people and planet.”

Key report highlights include:

• Company divisions recycled or reused 19 million tons of waste
• Harsco Environmental recycled or reused 93% of processed steel slag (8.7 million tons)
• Clean Earth recycled or reused 91% of processed waste materials (3.9 million tons)
  

Additional Report Highlights

Four key focus areas frame Enviri's ESG Report and outline the Company’s vision, strategy, and forward-looking goals for creating value and positive outcomes for all stakeholders.

1. Innovative Solutions: Help customers solve their most pressing sustainability challenges by deriving over 90% of annual revenue from environmental solutions businesses, aggressively growing Enviri’s portfolio of environmental solutions, and recycling or repurposing more than 75% of the waste and co-product material processed annually.
   
   
2. Thriving Environment: Reduce environmental impacts by demonstrating continuous improvement in Enviri's five-year environmental compliance record, reducing the energy and carbon intensity of its operations by 15% by 2025, and avoiding more than 25 million tons of carbon emissions from its recycling and repurposing solutions from 2019 to 2025.
   
   
3. Safe Workplaces: Ensure Enviri employees return home unharmed every day by achieving a Total Recordable Incident Rate of less than 1.0 in 2023 and demonstrating continuous improvement in its five-year safety record.
   
   
4. Inspired People: Support the growth and development of employees and communities by enhancing diversity and gender representation on the board and senior management team and expanding global Employee Resource Groups to foster an environment of diversity, equity, engagement, and inclusion.
   

Enviri’s 2023 ESG Report reflects the Enviri brand and is informed by leading sustainability reporting standards, including the Global Reporting Initiative and the Sustainability Accounting Standards Board. To read the full report, visit www.enviri.com/sustainability.

About Enviri
Enviri is transforming the world to green, as a trusted global leader in providing a broad range of environmental services and related innovative solutions. The company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their most complex environmental challenges and to achieve their sustainability goals. Enviri is based in Philadelphia, Pennsylvania and operates in more than 150 locations in over 30 countries. Additional information can be found at www.enviri.com.

Investor Contact David Martin +1.267.946.1407 dmartin@enviri.com

Media Contact Maura Pfeiffer +1.267.964.1868 mpfeiffer@enviri.com

FAQ

What are the key highlights of Enviri's 2023 ESG Report?

Enviri's 2023 ESG Report highlights include recycling or reusing 19 million tons of waste across company divisions, with Harsco Environmental recycling 93% of processed steel slag (8.7 million tons) and Clean Earth recycling 91% of processed waste materials (3.9 million tons).

How much waste did Enviri (NVRI) recycle or reuse in 2023?

According to Enviri's 2023 ESG Report, the company's divisions recycled or reused a total of 19 million tons of waste in 2023.

What percentage of steel slag did Harsco Environmental recycle in 2023?

Harsco Environmental, a division of Enviri (NVRI), recycled or reused 93% of processed steel slag, amounting to 8.7 million tons, as reported in the company's 2023 ESG Report.

How does Enviri (NVRI) contribute to environmental sustainability?

Enviri contributes to environmental sustainability by developing and delivering solutions to remediate, recycle, and reuse challenging industrial and specialty waste streams, as outlined in their 2023 ESG Report.

What are the four key focus areas in Enviri's 2023 ESG Report?

While the specific focus areas are not detailed in the given information, Enviri's 2023 ESG Report frames its vision, strategy, and progress around four key focus areas that guide their sustainability efforts.