Nov. 2 - Serious work ahead on industry diversity | 2020 election implications
November 02, 2020
How the 2020 election could impact the waste and recycling industry; Top waste companies report further recovery in Q3, ongoing pandemic effects; Major shake up at Covanta as CEO exits, company launches strategic review of all operations
Public companies are increasing their focus on diversity and inclusion, from the frontlines to the boardroom, following national attention on racism. Nearly 74% of sector executives or senior managers are White males, per federal data.
The second full quarter to reflect the pandemic's effects showed ongoing volume recovery among multiple categories, but a possible plateau. Catch up on results from Casella Waste Systems, Covanta and Waste Connections.
The company's stock has consistently underperformed, depsite the strategic value of its facilities. All options are said to be on the table, including selling assets or exiting lines of business, under new CEO Michael Ranger.
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