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Waste Management Inc. SWOT & PESTLE Analysis

ID : 521070153| Nov 2021| 16 pages

COMPANY PROFILE -Waste Management Inc.

Business Sector :Environmental Services

Operating Geography :United States, North America

About Waste Management Inc. :

Waste Management Inc., was initially called “USA Waste Services, Inc.” and was incorporated in Oklahoma in 1987. In 1998, Waste Management, Inc., an Illinois-based waste services company, became a wholly owned subsidiary of WM and was named Waste Management Holdings, Inc. It conducts all its operations through its subsidiaries and is headquartered in First City Tower in Houston, Texas. The company provides comprehensive waste management environmental services throughout the United States and Canada. It owns and operates approximately 268 landfill sites across the U.S and Canada. Waste Management’s home services include residential waste and recycling pickup, Bagster, temporary dumpster rental, large track pickup, recycling of bulbs, batteries and electronics, and collection of household hazardous waste. Its business services are largely similar to its home services with additional services like business waste compactors, national accounts, sustainability services, portable toilets, LampTracker, and industrial waste processing. As of early 2021, the company has approximately 48,250 employees. The Fortune Magazine recognized the company as one of its World’s Most Admired Companies in 2021.
Waste Managements’ unique selling proposition or USP lies in being one of the leading provider of comprehensive waste management environmental services in North America. Waste Management’s mission statement read, “Waste Management is on a mission to maximize resource value, while minimizing - and even eliminating - environmental impact so that both our economy and our environment can thrive.”

Waste Management Inc. Revenue :


$15218 million - FY ending 31st December 2020 (y-o-y growth -1.5%)
$15455 million - FY ending 31st December 2019

Competitive Analysis of Waste Management Inc.

SWOT
PESTLE
The SWOT analysis for Waste Management Inc. is presented below in a table followed by the detailed analysis report.
StrengthsWeaknesses
1. The company is North America’s leading provider of comprehensive waste management environmental services.
2. The company owns and operates over 260 landfills in Canada and US.
3. Large customer base with nearly 20 million customers.
1. Transfer stations that the company operates are mostly leased.
2. Involved in various lawsuits, disputes and claims.
OpportunitiesThreats
1. Acquisition of Advanced Disposal Services, Inc. provides scope for the company to increase its market share.
2. First major solid waste company to focus on residential single-stream recycling.
3. Adverse weather and climate conditions increase the revenue of the company.
4. The global waste management market is expected to grow at a CAGR of over 3% in the next 10 years.
1. Different laws, regulations in different states and provinces make it difficult to enter new markets.
2. Waste industry is a highly competitive industry.
3. The negative impact of covid-19 could continue
SWOT & PESTLE (combined)
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Detailed SWOT Analysis of Waste Management Inc.

Strength

1. The company is North America’s leading provider of comprehensive waste management environmental services: Waste Management Inc. provides one of the most comprehensive waste management environmental services in North America. The company implements sustainability and environmental stewardship in all its services. In order to drive its mission, “Always Working for a Sustainable Tomorrow”, it has incorporated a people first, technology-led strategy. The company conducts its business through its subsidiaries which locally operates and manages the services in distinct geographic areas. Waste Management is also a leading developer, operator and owner of landfill gas-to-energy facilities in the United States.

2. The company owns and operates over 260 landfills in Canada and US: Waste Management has the largest network of landfills in the U.S and Canada, with around 268 landfill sites. They also manages approximately 348 transfer stations, so that it is easy for the larger urban markets to dispose waste, where the distance to landfills is typically farther. The company generates electricity from the waste that decomposes in the landfills to produce natural gas. In the U.S and Canada, it is one of the leading recyclers of handling materials such as cardboard, paper, glass, plastic and metal. The company supports municipalities, businesses and households across the U.S and Canada to introduce cost-efficient, and sustainable recycling programs as well as provide other services that complements its Solid Waste business.

The remaining section under "Strength" is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

Major Competitors :

  • Biffa Plc
  • Clean Habors Inc.
  • Covanta Holding Corporation
  • Daiseki Co. Ltd.
  • Hitachi Zosen Corporation
  • Veolia Environment

Major Brands :

  • Advanced Disposal Services, Inc.
  • Waste Management of Arizona Inc
  • Greenleaf Compaction, Inc.
  • CR Group LLC
  • Swire Waste Management Limited
  • Garick LLC
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TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?

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References used in Waste Management Inc. SWOT & PESTLE Analysis Report

1. 2020 WASTE MANAGEMENT ANNUAL REPORT - https://investors.wm.com/static-files/4c8211bb-a942-4874-ac5f-a19bdd5756c9
2. Company Profile | Waste Management - https://www.wm.com/about/company-profile/index.jsp
3. Who We Are | Waste Management - https://www.wm.com/us/en/inside-wm/who-we-are
4. Waste Management: Overview | LinkedIn - https://www.linkedin.com/company/waste-management/
5. U.S. and Plaintiff States v. Waste Management, Inc. and Advanced Disposal Services, Inc. | ATR | Department of Justice - https://www.justice.gov/atr/case/us-and-plaintiff-states-v-waste-management-inc-and-advanced-disposal-services-inc
The detailed complete set of references are available on request in the 'Complete report' on purchase.

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SWOT & PESTLE.com (2021). Waste Management Inc. SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/waste-management-inc/ [Accessed 08 Dec, 2021].

In-text: (SWOT & PESTLE.com, 2021)

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Waste Management Inc. SWOT and PESTLE analysis has been conducted by Shreya Gupta and reviewed by senior analysts from Barakaat Consulting.

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