RSG

Republic Services Certified as a Great Place to Work® for Seventh Consecutive Year

Retrieved on: 
Monday, September 11, 2023

PHOENIX, Sept. 11, 2023 /PRNewswire/ -- For the seventh consecutive year, Republic Services, Inc. (NYSE: RSG) has been certified as a Great Place to Work® by the global authority on workplace culture and employee experience. The certification, based on information employees provide about their workplace experiences, recognizes a culture that highlights inclusion and diversity, while unlocking the unique potential of every employee. Republic continues to be the only environmental services provider with Great Place to Work certification. 

Key Points: 
  • PHOENIX, Sept. 11, 2023 /PRNewswire/ -- For the seventh consecutive year, Republic Services, Inc. (NYSE: RSG) has been certified as a Great Place to Work ® by the global authority on workplace culture and employee experience.
  • Republic continues to be the only environmental services provider with Great Place to Work certification.
  • The percentage of employees who said Republic Services is a great place to work far exceeded the typical US-based company.
  • Training and development are significant components of Republic Services' culture.

BKV and ENGIE Collaborate to Introduce Carbon Sequestered Gas

Retrieved on: 
Sunday, September 10, 2023

DENVER, Sept. 10, 2023 /PRNewswire/ -- BKV Corporation ("BKV") and ENGIE Energy Marketing NA, Inc, a subsidiary of global energy utility ENGIE S.A. (ENGIE), announced the signing of a contract for the sale and purchase of natural gas and associated Carbon Sequestered Credits, a new measured, third-party verified, carbon sequestered product.

Key Points: 
  • DENVER, Sept. 10, 2023 /PRNewswire/ -- BKV Corporation ("BKV") and ENGIE Energy Marketing NA, Inc, a subsidiary of global energy utility ENGIE S.A. (ENGIE), announced the signing of a contract for the sale and purchase of natural gas and associated Carbon Sequestered Credits, a new measured, third-party verified, carbon sequestered product.
  • Under the innovative arrangement, BKV will deliver to ENGIE physical natural gas, as well as an equivalent amount of gas tokens that represent the environmental attributes associated with both responsibly sourced gas (RSG) production and capturing carbon dioxide from the gas stream and injecting it into a permitted facility owned by BKV.
  • Under the contract terms, BKV is committed to deliver up to 10,000 MMBtu/day of independently certified Carbon Sequestered Gas to ENGIE.
  • "We are thrilled to collaborate with ENGIE to introduce a differentiated gas product to the energy industry," said Chris Kalnin, Chief Executive Officer of BKV.

Avista issues request for proposals for renewable or responsibly produced natural gas

Retrieved on: 
Wednesday, September 6, 2023

SPOKANE, Wash., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) or responsibly sourced gas (RSG) resources for its customers over the long term.

Key Points: 
  • SPOKANE, Wash., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Avista, through a request for proposal (RFP), is seeking to secure renewable natural gas (RNG) or responsibly sourced gas (RSG) resources for its customers over the long term.
  • RNG is produced by capturing that methane that would otherwise escape to the atmosphere and purifying it to make it very similar to conventional natural gas.
  • RSG is natural gas that has undergone independent third-party assessments for environmental best practices.
  • In 2021, Avista announced aspirational goals to reduce natural gas emissions 30% by 2030 and to be carbon neutral in its natural gas operations by 2045.

Republic Services, Inc. Reports Second Quarter 2023 Results

Retrieved on: 
Monday, July 31, 2023

"Growth continues to be broad-based, with strong results in our Recycling and Solid Waste and Environmental Solutions businesses.

Key Points: 
  • "Growth continues to be broad-based, with strong results in our Recycling and Solid Waste and Environmental Solutions businesses.
  • The Company's average recycled commodity price per ton sold during the second quarter was $119.
  • This represents an increase of $14 per ton from the first quarter of 2023 and a decrease of $99 per ton over the prior year.
  • The quarterly dividend of $0.535 per share for shareholders of record on October 2, 2023 will be paid on October 13, 2023.

Republic Services and Ravago Partnering to Advance Sustainable Packaging Solutions

Retrieved on: 
Monday, July 31, 2023

PHOENIX, July 31, 2023 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG), a leader in the environmental services industry, and Ravago, a leader in polymer recycling and distribution, today announced the creation of Blue Polymers, LLC, an innovative partnership that will help advance circularity in the plastics industry. Blue Polymers is developing a network of facilities designed to produce 100% post-consumer recycled products to supply plastic manufacturers' growing demand for sustainable solutions.

Key Points: 
  • Blue Polymers is developing a network of facilities designed to produce 100% post-consumer recycled products to supply plastic manufacturers' growing demand for sustainable solutions.
  • The new facilities will utilize recycled polyethylene and polypropylene from Republic Services' Polymer Centers to create high-quality, recycled resin for consumer packaging and other applications.
  • Partnering with Republic Services in the creation of Blue Polymers to provide transparency in the post-consumer recycling process is transformative," said Jim Duffy, president and chief executive officer of Ravago Holdings America.
  • Republic Services and Ravago offer distinctive and complementary expertise to help fulfill sustainable packaging demand.

Republic Services, Inc. Appoints Meg Reynolds to its Board of Directors

Retrieved on: 
Thursday, July 27, 2023

PHOENIX, July 27, 2023 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) today announced that global investment executive Meg Reynolds has been appointed to its Board of Directors, bringing its membership to a total of 12.

Key Points: 
  • PHOENIX, July 27, 2023 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) today announced that global investment executive Meg Reynolds has been appointed to its Board of Directors, bringing its membership to a total of 12.
  • Reynolds, 58, is co-founder, principal and global emerging markets equity portfolio manager at Westwood Global Investments (WGI), a national financial advisory firm headquartered in Boston.
  • Prior to co-founding WGI, Reynolds was portfolio manager of the Latin American Fund at Fidelity Investments.
  • "Meg has extensive experience leading complex global investment portfolios and has clearly demonstrated a passion for both her clients and communities.

Republic Services, Inc. Increases Quarterly Dividend to $0.535 Per Share

Retrieved on: 
Thursday, July 27, 2023

PHOENIX, July 27, 2023 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) announced today that its Board of Directors has approved a 4.0 cent increase in the Company's regular quarterly dividend.

Key Points: 
  • PHOENIX, July 27, 2023 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) announced today that its Board of Directors has approved a 4.0 cent increase in the Company's regular quarterly dividend.
  • The quarterly dividend of $0.535 per share will be paid on October 13, 2023, to shareholders of record on October 2, 2023.
  • "We are raising our quarterly dividend by approximately 8 percent," said Jon Vander Ark, president and chief executive officer.
  • "This is the 20th consecutive year we've increased our annual dividend, which reinforces our commitment to efficiently return cash to shareholders."

Republic Services Unveils Climate Transition Road Map in Latest Sustainability Report

Retrieved on: 
Tuesday, July 25, 2023

PHOENIX, July 25, 2023 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG), a leader in the environmental services industry, has released its 2022 Sustainability Report, which highlights the company's sustainability initiatives and tracks continued progress toward its 2030 Sustainability Goals. The report also includes the company's first Climate Transition Road Map, outlining a path to achieving its greenhouse gas reduction goal.

Key Points: 
  • The report also includes the company's first Climate Transition Road Map, outlining a path to achieving its greenhouse gas reduction goal.
  • "Republic Services' long-term sustainability goals are designed to deliver both economic and environmental sustainability while meeting the needs of our customers," said Jon Vander Ark, president and chief executive officer.
  • The company's 2030 Sustainability Goals are aligned under its Elements of Sustainability – Safety, Talent, Climate Leadership and Communities.
  • The 2022 Sustainability Report is part of a suite of sustainability reporting that includes Republic's 2022 Global Reporting Initiative (GRI) Report, 2022 Sustainability Accounting Standards Board (SASB) Report, Task Force on Climate-related Financial Disclosures (TCFD) Report, 2022 CDP Climate Change response and others.

Barclays appoints Ricardo Fernandez as Head of Investment Banking for Mexico

Retrieved on: 
Monday, July 24, 2023

Barclays today announces the appointment of Ricardo Fernandez as Head of Investment Banking for Mexico.

Key Points: 
  • Barclays today announces the appointment of Ricardo Fernandez as Head of Investment Banking for Mexico.
  • In this role Mr. Fernandez will report to Raul Martinez-Ostos, Chairman and CEO of Barclays for Mexico and Latin America.
  • With close to 25 years of experience in investment banking, Mr. Fernandez has advised on a number of complex and strategically important transactions in Mexico during his career.
  • He joins Barclays from Bank of America, where he was Head of Mexico Investment Banking from 2017.

ARIZONA TEAMSTERS READY TO STRIKE FOR FIRST CONTRACT AT REPUBLIC SERVICES

Retrieved on: 
Thursday, July 13, 2023

PHOENIX, July 13, 2023 /PRNewswire/ -- Teamsters Local 104 members in Phoenix have voted by 99 percent to authorize a strike at Republic Services after months of contentious contract negotiations for a first contract. The 116 waste workers seek to address years of concerns regarding pay, health care, safety, working conditions, and lack of respect. The company continues to stall in negotiations and has committed several unfair labor practice (ULP) charges during the workers' organizing and bargaining efforts.

Key Points: 
  • PHOENIX, July 13, 2023 /PRNewswire/ -- Teamsters Local 104 members in Phoenix have voted by 99 percent to authorize a strike at Republic Services after months of contentious contract negotiations for a first contract.
  • "Republic Services does not value us as workers and is continuously violating federal law," said Danny Domingez, a five-year driver at Republic Services serving on the worker-led bargaining committee.
  • In October, Domingez and his co-workers overcame a fierce anti-union campaign by Republic Services to join Local 104.
  • The International Brotherhood of Teamsters represents more than 7,000 Republic Services workers nationwide.