Casella Waste Systems, Inc. (Nasdaq: CWST) was announced as the
winner of the Vermont Legacy Enterprise Award by the University of
Vermont Grossman School of Business at its 12th Annual Vermont
Legacy and Family Enterprise Awards ceremony on September 29.
What began in 1975 as a single truck waste collection company
has grown to become one of the largest recyclers and most
experienced fully integrated resource management companies in the
eastern United States. Today, Casella employs over 4,200 people
providing solid waste collection and disposal, transfer, recycling,
and organics services to more than one million residential,
commercial, municipal, institutional, and industrial customers and
professional resource management services in more than 40
states.
“We’re honored to receive this award, and to be recognized for
our efforts in creating and nurturing a business committed to
sustainability, innovation, and excellence,” said John W. Casella,
Chairman and CEO of Casella. “To be recognized alongside three
other deserving businesses, in front of future business leaders at
our State’s leading University, by a customer of more than 30 years
was a wonderful moment in our nearly 50-year history.”
Enterprises are nominated across four categories, and judged on
the financial success of the company, governance of the enterprise,
contributions to the community and industry, and innovative
business practices or strategies.
Casella was recognized for its innovation and sustained
excellence in the sustainability space and as one of the first
companies in its industry to understand the importance of
sustainability reporting and greenhouse gas emissions
reductions.
In 2005 Casella joined the EPA Climate Leaders as a charter
member, and in 2012 was awarded the EPA’s Climate Leadership Award
for Excellence in Greenhouse Gas Emissions after reducing its
carbon footprint by more than 45 percent. Now, for every metric ton
of greenhouse gas emitted through our operations, we prevent more
than four metric tons of greenhouse gas emissions through our
recycling, energy, and carbon sequestration services.
For more than 30 years UVM has been a customer and collaborative
partner of Casella’s, providing dozens of alumni for internships
and employment, working together on cutting edge research to help
improve the environment and the resource management industry, and
utilizing Casella’s suite of services to achieve their collective
sustainability goals.
“Part of what makes this recognition so special is that it comes
from a true partner, and while it is our company that received the
award, it has been a collaboration all along the way,” Casella
said. “We’ve celebrated each other’s successes, and worked through
each other’s challenges, and that makes receiving an award like
this even more gratifying.”
About Casella Waste Systems, Inc.
Casella Waste Systems, Inc., headquartered in Rutland, Vermont,
is one of the largest recyclers and most experienced fully
integrated resource management companies in the Eastern United
States. Founded in 1975 as a single truck collection service,
Casella has grown its operations to provide solid waste collection
and disposal, transfer, recycling, and organics services to more
than one million residential, commercial, municipal, institutional,
and industrial customers and provides professional resource
management services in more than 40 states.
For further information, investors should contact Jason Mead,
SVP Finance & Treasurer at (802) 772-2293, and media should
contact Jeff Weld, Director of Communications at (802) 772-2234, or
visit the company’s website at www.casella.com.
Safe Harbor StatementCertain matters discussed
in this press release, including, but not limited to, the
statements regarding the Company’s intentions, beliefs or current
expectations concerning its sustainability goals, metrics,
commitments, anticipated actions to meet such goals, and the
Company’s progress towards, and achievement of, its sustainability
strategy and vision, are "forward-looking statements" intended to
qualify for the safe harbors from liability established by the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can generally be identified as such by
the context of the statements, including words such as “believe,”
“expect,” “anticipate,” “plan,” “may,” “would,” “intend,”
“estimate,” "will," “guidance” and other similar expressions,
whether in the negative or affirmative. These forward-looking
statements are based on current expectations, estimates, forecasts
and projections about the industry and markets in which the Company
operates and management’s beliefs and assumptions. The Company
cannot guarantee that it actually will achieve the plans,
intentions, expectations or guidance disclosed in the
forward-looking statements made. Such forward-looking statements,
and all phases of the Company’s operations, involve a number of
risks and uncertainties, any one or more of which could cause
actual results to differ materially from those described in its
forward-looking statements.
Such risks and uncertainties include or relate to, among other
things, the following: the ability to lower or maintain the
Company’s greenhouse gas emissions through recycling, energy
production, and carbon sequestration services; and the impact of
changes to, or new, statutory, regulatory and legal requirements.
There are a number of other important risks and uncertainties that
could cause the Company’s actual results to differ materially from
those indicated by such forward-looking statements. These
additional risks and uncertainties include, without limitation,
those detailed in Item 1A, “Risk Factors” in the Company's Form
10-K for the fiscal year ended December 31, 2022 and in other
filings that the Company may make with the Securities and Exchange
Commission in the future. The Company undertakes no obligation to
update publicly any forward-looking statements whether as a result
of new information, future events or otherwise, except as required
by law.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/95246eea-df53-415c-9519-60bb229f54bf
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