Welcome to our dedicated page for Republic Svcs news (Ticker: RSG), a resource for investors and traders seeking the latest updates and insights on Republic Svcs stock.
Republic Services, Inc. (NYSE: RSG) is an environmental services company whose news flow reflects its activities in recycling, solid waste, special waste, hazardous waste and field services, as well as its sustainability and community initiatives. Company news releases highlight operational performance, financial results, renewable energy projects and partnerships, workplace recognition and charitable efforts.
Investors and observers following RSG news will see regular earnings announcements and conference call schedules, where Republic Services reports revenue by line of business, margins, cash flow, acquisition activity and dividend decisions. These updates often include commentary on pricing, volume, adjusted EBITDA and free cash flow, along with guidance ranges and capital allocation, providing insight into how the company manages its integrated waste and recycling operations.
Republic Services’ news also covers environmental and sustainability projects. The company and its partners have announced renewable natural gas facilities at landfills, designed to capture landfill gas and convert it into pipeline-quality renewable natural gas for use as a low-carbon transportation fuel and in other applications. Such projects are presented as supporting Republic Services’ stated goal to beneficially reuse more biogas and contribute to decarbonization and circularity.
Additional news items focus on recycling innovation, such as product carbon footprint studies for recycled PET flake produced at the company’s Las Vegas Polymer Center, and on community and philanthropic activities through the Republic Services Charitable Foundation. Stories include grants to organizations like The Martin Luther King, Jr. Center for Nonviolent Social Change and holiday food distributions in partnership with local groups.
Coverage of workplace recognition, including repeated Great Place to Work certifications and other third-party sustainability and ethics accolades, rounds out the RSG news stream. For those tracking Republic Services, the news page offers a view into financial performance, environmental projects, employee-focused initiatives and community engagement.
Republic Services (NYSE: RSG) has announced its schedule for the release of fourth quarter 2024 financial results, which will be disclosed after market close on Thursday, February 13, 2025. The company will host an investor conference call at 5 p.m. Eastern Time on the same day.
Investors can access the conference call through multiple channels: a live audio webcast on the company's Investor Relations website, or by dialing (844) 890-1789 for domestic calls and 1-412-717-9598 for international calls. Pre-registration is available for dial-in participants. A replay of the call will be accessible through February 20, 2025, via the company website or dedicated replay phone numbers.
Republic Services (NYSE: RSG) has achieved a significant milestone by being included in the Dow Jones Sustainability Indices (DJSI) for the ninth consecutive year. The company ranked first in its industry on the North America Index and stands as the only North American company in its sector to be included on the World Index.
The 2024 DJSI World Index represents the top 10% of 2,500 largest global companies, while the North America Index includes the top 20% of 600 largest North American companies. Republic Services has demonstrated substantial progress toward its 2030 Sustainability Goals, achieving a 15% reduction in operational GHG emissions compared to 2017, exceeding its interim target of 10% reduction by 2025.
The company has also received recognition from other prestigious organizations, including placement on Barron's 100 Most Sustainable Companies list and Ethisphere's World's Most Ethical Companies list, while also being certified as a Great Place to Work®.
Ameresco (NYSE: AMRC) and Republic Services (NYSE: RSG) announced the start of commercial operations at their joint venture landfill gas (LFG) to renewable natural gas (RNG) plant at Republic Services' Roxana Landfill in Edwardsville, Illinois. The facility, one of North America's largest, processes 6,000 SCFM of raw landfill gas and is expected to produce 1.4M Dekatherms annually.
The project will reduce CO2 emissions by over 82,000 metric tons yearly, equivalent to removing 5,000 passenger vehicles or the energy consumption of 2,500 homes. The RNG will be injected into Energy Transfer's natural gas pipeline, supporting Illinois' goal of achieving 40% renewable energy by 2030 and 100% clean energy by 2050.
AMP Robotics Corp. has raised $91 million in a Series D funding round led by Congruent Ventures, with participation from notable investors like Sequoia Capital, XN, Blue Earth Capital, and others. The funds will accelerate the deployment of AMP's AI-powered AMP ONE™ systems, designed to sort municipal solid waste (MSW) and single-stream recycling efficiently. AMP recently partnered with Waste Connections (NYSE: WCN) to equip and operate a recycling facility in Colorado. The company's AI-driven technology aims to improve recycling rates, lower sortation costs, and extend landfill life by capturing more material value. AMP's deep learning software processes millions of material images to identify recyclables and contaminants in real-time, enabling innovative recycling capabilities. The company has also expanded its leadership team, with Tim Stuart as CEO and Matanya Horowitz as CTO.
AMP Robotics Corp. has appointed Tim Stuart as its new CEO, replacing founder Matanya Horowitz, who will now serve as chief technology officer. Stuart, previously the COO of Republic Services, brings extensive industry experience to AMP, having overseen technology adoption and operations at Republic Services for nearly 18 years. Horowitz expressed confidence in Stuart's ability to enhance AMP's competitive edge in the AI-powered waste and recycling sector. Stuart, who joined AMP's board as the first independent director in March 2024, is optimistic about advancing AMP's technology to create more efficient recycling systems and reduce environmental impact. Recently, AMP launched an AI-powered system for municipal solid waste in Portsmouth, Virginia, and an AMP ONE™ system for single-stream and commercial recycling in Greenville, North Carolina.
Republic Services, a leader in the environmental services industry, announced it has reached its goal of employing 5,000 veterans by 2025, achieving this milestone in 2024.
Since launching the initiative in 2021, Republic Services has partnered with numerous veteran support organizations and the U.S. Department of Defense SkillBridge program to provide training, mentorship, and career opportunities to service members.
The company marked this achievement after hosting National Hire a Veteran Day events in 29 cities and was supported by its Business Resource Group V.A.L.O.R. and Talent Acquisition team.
Republic Services' Chief Human Resources Officer, Courtney Rodriguez, emphasized the value of veterans' diverse skills and backgrounds in strengthening their teams and providing world-class service.
For more information, visit jobs.republicservices.com.
Republic Services (RSG) reported strong Q3 2024 financial results with total revenue growth of 6.5%, including 4.2% organic growth and 2.3% from acquisitions. Net income reached $565.7 million, or $1.80 per diluted share, up from $480.2 million in Q3 2023. Adjusted earnings per share increased 17.5% to $1.81. The company achieved significant margin expansion, with adjusted EBITDA margin increasing 210 basis points to 32.0%. Year-to-date cash flow from operations was $2.91 billion, with $834.3 million returned to shareholders through dividends and share repurchases. The company expects to achieve the high end of its full-year 2024 adjusted EBITDA guidance.
Oshkosh (NYSE: OSK) has secured an order for 100 McNeilus® Volterra™ ZSL™ electric refuse and recycling collection vehicles from Republic Services, Inc. (NYSE: RSG). This follows a successful initial deployment and reinforces Republic Services' commitment to sustainability. The order supports Republic's goal of having electric vehicles comprise half of its new truck purchases over the next five years and aims to reduce greenhouse gas emissions by 35% by 2030.
The Volterra eRCV is the industry's first fully integrated electric refuse vehicle, designed to operate a full day's route on a single charge. It features advanced safety systems, including 360-degree cameras and automated braking. The vehicles will be deployed across multiple states, contributing to Republic Services' environmental initiatives while offering operational efficiency and driver comfort.
Ameresco, Republic Services, and PG&E have inaugurated California's largest landfill gas to renewable natural gas (RNG) plant at the Keller Canyon Landfill in Pittsburg, CA. This first-of-its-kind 11.7Mwe energy asset in the U.S. is powered by a co-located LFG-to-Electric Plant and is designed to reduce 62,000 metric tons of carbon emissions annually.
The plant can process 4,500 standard cubic feet per minute of landfill gas and is expected to deliver approximately 1 billion cubic feet of RNG annually into PG&E's gas pipeline system. This project supports California's goal of achieving 60% renewable energy by 2030 and carbon neutrality by 2045, while also advancing Republic Services' commitment to beneficially reuse 50% more of their biogas by 2030.
The Keller Canyon plant created over 80 construction jobs and is expected to sustain more than 25 operational jobs. It began commercial operations in July 2024 and is now fully operational.
Republic Services (NYSE: RSG) has launched the Circularity Index, a free online tool to help businesses assess and improve their circularity practices. The tool was developed in response to research showing that while 87% of companies plan to invest more in circular initiatives, many lack the necessary expertise and tools.
The Circularity Index places companies on a five-point maturity curve across three categories: Commitment, Execution, and Recovery. It revealed that 45% of companies are still in the early stages of circularity, with only 12% achieving Expert status. Industries like consumer packaged goods, manufacturing, and energy/utilities/environmental services are more advanced, while government sectors have the most room for improvement.
The tool aims to help companies benchmark their circularity initiatives against industry peers and provide guidance for setting goals and enhancing operational circularity. A webinar on October 16, 2024, will offer an overview of the Circularity Index and industry-specific results.