Enviri Derives 100% of Revenue from Environmental Solutions: New ESG Report
11 Ottobre 2023 - 2:00PM
Enviri Corporation (NYSE: NVRI), a global market-leading provider
of environmental solutions for industrial and specialty waste
streams, derived 100 percent of its annual revenue last year from
its environmental solutions divisions, a 38 percent increase from
three years ago, according to its 2022 Environmental, Social &
Governance (ESG) Report, which was released today.
“As the leader in recycling, repurposing, and reusing slag from
global steel production, and in hazardous and non-hazardous waste
management in the United States, we have a great responsibility to
manage waste in the most sustainable ways possible, and we are
doing just that,” said Nick Grasberger, Chairman & CEO of
Enviri Corporation. “While we have made great progress on ESG,
there is always room to continue improving. I am very proud of our
commitment to making progress on our ESG goals while building a
better future for our people and planet.”
Under Grasberger’s leadership, the company tied senior executive
compensation to ESG results. In 2021, and continued in 2022, an ESG
modifier for the Executive Leadership Team and selected additional
employees who participate in the Company’s annual incentive plan a
portion was implemented, modifying these individuals’ annual
variable compensation by +/- 20% across several ESG dimensions. The
Company’s fourth ESG report charts the goals and progress of its
comprehensive sustainability strategy, and outlines Enviri’s
efforts to responsibly solve the world’s most difficult global
environmental challenges.
Enviri was called the Harsco Corporation until June of this year
when it changed its name to better reflect the Company’s commitment
to developing and refining sustainable solutions to help solve
complex environmental challenges. Enviri includes two divisions:
Clean Earth and Harsco Environmental.
Focus Areas and GoalsAs part of its ESG
strategy, Enviri has defined four focus areas where it creates
value for the business and positive outcomes for stakeholders:
- Innovative Solutions: Derive over 95-percent
of annual revenue from its environmental solutions businesses.
Recycle or repurpose more than 75-percent of the waste and
by-product material it processes annually.
- Thriving Environment: Reduce the energy and
carbon intensity of the Company’s operations 15-percent by 2025.
Avoid more than 25 million tons of carbon emissions from its
recycling and repurposing solutions from 2019 to 2025.
- Safe Workplaces: Achieve a Total Recordable
Incident Rate of less than 1.0 in 2022. Demonstrate continuous
improvement in its five-year safety record.
- Inspired People: Enhance diversity and gender
representation on the board and senior management team.
Harsco Environmental 2023 Priorities
- Increase proportion of mill services that provide environmental
benefits to steel customers.
- Grow ecoproducts™ businesses.
- Rebalance its portfolio to be even more environmentally
focused.
Clean Earth 2023 Priorities
- Focus on organic growth opportunities, including growing the
new Fullcircle Advanced Waste Lifecycle Program, a concierge
service that carefully and strategically analyzes waste before it
even happens.
- Secure regulatory permission to begin per- and polyfluoralkyl
(“PFAS”) destruction operations and both fixed facilities and with
mobile technology.
- Add treatment capabilities at existing transfer, storage, and
disposal facilities.
ESG Key Metrics in 2022:
Environmental
- 100% of revenue came from Enviri’s
environmental solutions divisions
- 35 billion pounds of waste recycled,
repurposed or reused by Enviri divisions
- 87% of slag recycled or reused by Harsco
Environmental
- 90% of waste recycled or reused by Clean
Earth
- 691 million pounds of hazardous &
non-hazardous waste recycled or reused
- 6.5 billion pounds of contaminated soil
recycled or reused
- 700 million pounds of dredge recycled or
reused
- 517 million gallons of wastewater recycled or
reused
- 265 million gallons of fuel recycled or
reused
Social
- Safety - 20% Improvement in total recordable incident
rates (“TRIR”) from 2021
- 12,000 employees
- 7–year average employment tenure
- 30+ country operations
- 250+ sites/service locations
- 69 Harsco Environmental ISO-certified health
and safety management sites
Governance
- 22% of board directors are women
- 11% ethnic diversity representation on board
of directors
- 16% of executive officer positions are held by
women
- 22% of senior management positions are held by
women
To read the full report, visit www.enviri.com/sustainability
About EnviriEnviri is transforming the world to
green, as a trusted global leader in providing a broad range of
environmental services and related innovative solutions. The
company serves a diverse customer base by offering critical recycle
and reuse solutions for their waste streams, enabling customers to
address their most complex environmental challenges and to achieve
their sustainability goals. Enviri is based in Philadelphia,
Pennsylvania and operates in more than 150 locations in over 30
countries. Additional information can be found at
www.enviri.com.
Investor
Contact David
Martin+1.267.946.1407dmartin@enviri.com |
Media ContactJay
Cooney+1.267.857.8017jcooney@enviri.com |
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