Top 5 Waste Management Companies, Ranked by Revenue
Waste management is the process of collecting waste, transporting it, recycling it, and ensuring it can be used as a resource. Proper waste management can ensure that the environment is safe and people's health is safe.
The waste management business is mushrooming as governments across the globe carry out large-scale strategies to tackle illicit toxic waste - from industrial and residential sources - and its impact on the surroundings. Besides, the ever-increasing population and fast-paced globalization (and industrialization) are adding to the total waste volume.
Many companies provide waste management as their core service. While some of them focus on managing all types of waste, there are other companies such as medical waste management companies that provide waste management of specific types.
By delivering leading-edge solutions to the pressing issues in managing waste materials, the waste management firms worldwide - just like in any other sector - toil hard to ensure the highest trust rates with their services. Beroe has curated a list of the largest waste management companies ranked by revenue, that you should know about.
- Urbaser
Revenue: $2.72 Bn (2020)
Urbaser is an environmental management company that was founded in 1990. A global leader in sustainable conservation and a business centered on sustainability, Urbaser serves over 50 million customers in 30 countries spanning across 4 continents. Urbaser provides waste treatment, urban services, and integrated water management. In Spain, Urbaser is present in more than 50 cities. Urbaser has more than 160 subsidiary companies and employs more than 40,000 employees all over the globe. The company cleans more than 8 million km of streets in numerous cities across the globe.
Urbaser has 128 treatment plants and has treated 23.2 MT of municipal waste. It generates 2,450 GWh of electric power - equivalent to the usage of 500,000 households. Urbaser provides a range of comprehensive waste management, including anaerobic digestion and composting, construction, industrial waste disposal, energy recovery, and municipal waste disposal. Other services provided by Urbaser in waste management include commissioning and maintenance of treatment and recycling plants and transfer stations.
In March 2021, Urbaser secured a project for the third time for Barcelona's cleaning and waste management services. The firm broadened its geographical foothold by securing a deal worth 1 Bn euros for urban cleaning and waste disposal facilities in Ecuador, India, and Columbia.
- FCC Environment
Revenue: $6.5 Bn (2018)
FCC Environment is a waste management company formed after Waste Recycling Group and Focsa Services (the UK) merged in 2012. One of the UK’s largest waste management companies, FCC Environment currently employs 2,400 in the home nation and over 58,000 employees all over the globe.
The company aims to minimize the amount of waste that ends up in the dumping grounds by converting it into useful resources wherever possible.
FCC Environment’s services include business waste solutions, recycling, municipal services, waste processing, and green energy. It runs a range of waste management locations, such as energy from waste (EfW) units, material recycling facilities (MRF), and landfills.
Furthermore, FCC Environment recycles 1.6 million tonnes of waste and creates over 117 MW of green energy every year.
- REMONDIS
Revenue: $6.9 Bn (2018)
Slightly edging out FCC in our list, REMONDIS is a waste management corporation that was founded in Lunen, Germany, in the 1930s. This family-run business has become one of the business leaders by serving more than 30 million customers and several thousands of private and public sector clients all over the globe. REMONDIS is present in more than 900 locations in more than 30 countries in the world.
One of the top waste management companies globally, REMONDIS aims at delivering professional services which result in the effective and economic usage of natural resources. Creating innovative recycled products, water supply, and water production, reclaiming raw materials from waste, and supplying substitute forms of energy are the chief initiatives of REMONDIS. In addition, the company utilizes sustainable methods to eliminate toxic substances and residual waste that are difficult to recycle either for ecological or economic purposes.
REMONDIS operates in three fields - water, recycling, and services, and employs more than 30,000 people. There are over 600 locations of REMONDIS in Germany alone. The company serves over 200,000 industrial and commercial customers and runs over 800 plants and facilities. All of the company’s locations have EfBV accreditation. There are 123 hazardous waste processing plants of REMONDIS besides 200+ sewage treatment plants
- Suez Environment
Revenue: $9.2 Bn (2019)
Suez Environment has a rich history that dates back to 1869. Over the years, Suez’s mission to protect the earth has become stronger, and today, it has become a global name and one of the largest waste management companies.
A global pioneer in sustainable and smart resource management, Suez Environment delivers water and waste disposal solutions that allow cities and industries to bolster their ecological and economic performances and enhance their resource management as per regulatory norms. The firm is fully involved in the resource upheaval to fulfill the rising demands to address resource quality and scarcity troubles.
Suez Environment employs over 86,000 people across 5 continents and has 126,500 suppliers. Suez serves food & beverage, power, automotive, transport & aeronautic, chemical & pharmaceutical, mining & metals, and oil & gas industries.
The waste management company provides a range of recovery and waste management services, including site deconstruction, recycling and recovery, industrial cleaning and maintenance, waste treatment and disposal, remediation of polluted sites and land, and hazardous waste management.
To date, Suez Environment has recovered about 45 million tons of solid waste and generated 7.2 TWh of renewable energy.
- Veolia
Revenue: $30.85 Bn (2020)
Veolia was founded in 1853, and for more than 165 years, it has been continuously providing optimized resource management, water management, and energy services globally. The Veolia group employs around 179,000 employees all over the globe to provide tailored solutions to various industries and communities. Veolia serves industrial, municipality, and commercial markets.
Some of the subsidiaries of the company include Veolia Energy North America Holdings Inc, Veolia Middle East, Proactiva Medio Ambiente México S.A. de C.V., and BS|Energy.
As of 2020, the Veolia group provided 62 million people with wastewater service and 95 million people with clean drinking water, generated around 43 million MWh of energy, and treated 47 million metric tons (MMT) of waste.
In September 2020, Veolia agreed with Solvay to set up a circular ecosystem to restore lithium-ion batteries from electric and hybrid vehicles in Europe.
Reference
https://www.urbaser.com/en/about-urbaser/urbaser-in-figures/
https://www.waste360.com/financials/fcc-group-reports-net-profit-increases-2018
https://www.remondis-industrie-service.de/en/about-us/facts-figures/
https://www.suez.com/en/news/press-releases/first-half-2019-results
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