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ScottsMiracle-Gro 2024 Corporate Responsibility Report: Giving Waste New Life

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ScottsMiracle-Gro, North America's leading compost user, has released its 2024 Corporate Responsibility Report highlighting its circular economy initiatives. The company recycled approximately 5.5 billion pounds of green waste in 2023, converting materials like grass, tree trimmings, and organic waste into soils, growing amendments, and mulches. Through its network of local suppliers, the company sources most soil inputs within a 120-mile radius, reducing transportation costs and emissions while maintaining product quality.

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Positive

  • Recycled 5.5 billion pounds of green waste in 2023
  • Local sourcing strategy reduces transportation costs
  • Extensive network of local suppliers ensures stable supply chain
  • Efficient 120-mile radius sourcing model minimizes operational expenses

Negative

  • None.

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On the day this news was published, SMG gained 1.72%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NORTHAMPTON, MA / ACCESSWIRE / November 21, 2024 / ScottsMiracle-Gro
Originally published in ScottsMiracle-Gro's 2024 Corporate Responsibility Report

As a leading user of compost in North America, we are uniquely positioned to drive circularity. By redirecting green waste, such as grass, tree trimmings and organic waste from commercial landscaping, tree cultivation and agriculture into our products, we reduce waste that may have otherwise gone to landfills and contributed to methane emissions. Through our products, these waste materials re-enter the growing cycle as soils, growing amendments and mulches. Our company recycled roughly 5.5 billion pounds of green waste in 2023.

Our growing media procurement team has developed a network of hundreds of local, small- and medium-sized suppliers, including green waste suppliers, across North America. This network provides the raw ingredients for our growing media products. This "growing local" strategy reduces costs and emissions associated with shipping heavy organic materials over long distances and contributes to high-quality product blends that meet consumer needs. Our dozens of growing media plants across North America make it possible for the majority of the inputs for our soils to be sourced within a 120-mile radius on average.

For full details about ScottsMiracle-Gro's 2024 Corporate Responsibility Report, visit here.

View additional multimedia and more ESG storytelling from ScottsMiracle-Gro on 3blmedia.com.

Contact Info:
Spokesperson: ScottsMiracle-Gro
Website: https://www.3blmedia.com/profiles/scottsmiracle-gro
Email: info@3blmedia.com

SOURCE: ScottsMiracle-Gro



View the original press release on accesswire.com

FAQ

How much green waste did ScottsMiracle-Gro (SMG) recycle in 2023?

ScottsMiracle-Gro recycled approximately 5.5 billion pounds of green waste in 2023.

What is the average sourcing radius for ScottsMiracle-Gro's (SMG) soil inputs?

The majority of ScottsMiracle-Gro's soil inputs are sourced within a 120-mile radius on average.

What types of waste does ScottsMiracle-Gro (SMG) recycle in its products?

ScottsMiracle-Gro recycles green waste including grass, tree trimmings, and organic waste from commercial landscaping, tree cultivation, and agriculture.
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