Global Waste Management Market Projected to Grow at 8.8% CAGR from 2024-2028

The global waste management market is poised for significant growth, driven by increasing adoption of renewable cleaning processes, growing environmental concerns, and the shift towards sustainable practices. This market is expected to grow at a CAGR of 8.8% from 2024 to 2028, reaching a sizable market size. This growth is fueled by several key factors, including rising urban populations, increased consumerism, and stringent government regulations promoting recycling and resource recovery.

Power Knot Ocean Deploys LFC Biodigesters on Margaritaville at Sea Islander Cruise Ship

Power Knot Ocean, the leader in onsite organic waste management solutions for the marine environment, has successfully deployed multiple units of the LFC biodigester aboard the Margaritaville at Sea Islander cruise ship. The LFC biodigester is a food waste biodigester that uses natural aerobic digestion to break down food waste into water, mitigating the need for traditional disposal methods and contributing to a substantial reduction in both cost and environmental impact. The Margaritaville at Sea Islander is a Spirit-class cruise ship known for its vibrant atmosphere and top-notch amenities. As part of its commitment to sustainability and environmental responsibility, the Margaritaville at Sea Islander has recently implemented cutting-edge waste management solutions to minimize its ecological footprint.

Wesco International Advances ESG Goals, Updates Progress on 2030 Sustainability Targets

Wesco International, a leading provider of business-to-business distribution, logistics services, and supply chain solutions, has released its 2023 Environmental, Social, and Governance (ESG) Report. The report highlights Wesco’s progress towards achieving its 2030 sustainable development goals, including reducing greenhouse gas emissions by 30%, reducing waste intensity by 15%, and increasing safety training for employees. Wesco has made significant strides towards these goals, meeting its target for reducing landfill waste intensity in the U.S. and Canada, and is on track to provide 425,000 hours of safety training by 2030.

Calgary Composting Facility Expansion to Reduce Greenhouse Gas Emissions

The Calgary Composting Facility is expanding its capacity to process organic waste from 100,000 to 160,000 tonnes per year. The expansion will include new anaerobic digestion technology to capture and treat odors from the facility. The city says the expansion will cost $38 million more than the original $50-million budget due to post-pandemic inflation and labor costs. However, the investment is expected to pay off in the long term as it will extend the life of the city’s landfill and reduce greenhouse gas emissions.

Italy Leads the Way in Circular Economy, While Spain Lags on Consumption

Italy has emerged as a frontrunner in the European Union’s drive towards a circular economy, boasting the highest urban recycling rate and efficient waste management practices. In contrast, Spain shows the lowest material consumption among the EU’s five biggest economies. This assessment stems from a comprehensive report by the Circular Economy Network (CEN) and the National Agency for New Technology, Energy and Sustainable Economic Development (ENEA). The report evaluates the commitment of these countries to sustainable production and consumption, using five key categories: production and consumption, waste management, secondary raw materials, competitiveness and innovation, and ecological sustainability and resilience.

Ally Waste Acquires Litterally, Expanding Bulk Trash Removal Reach

Ally Waste, a leading provider of waste support services for the multifamily housing industry, has recently acquired Litterally, a prominent bulk trash removal specialist. This acquisition strengthens Ally Waste’s commitment to providing comprehensive waste management solutions while expanding its geographical reach and capabilities. Litterally’s expertise and dedication to sustainability align perfectly with Ally Waste’s values and vision for the future, creating a team dedicated to redefining excellence in the multifamily waste industry while driving positive environmental impact.

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