December 22, 2021

Stericycle Scores a B- On First CDP Climate Change Disclosure

Stericycle has received a "B-" score in our first annual submission to the CDP Climate Change Survey. CDP is recognized as the gold standard for environmental disclosure, a critical piece for measuring climate action globally.

“Protecting the health and well-being of the environment in a safe, responsible, and sustainable way is a key element of our mission and core values—and something we focus on every day,” said Cindy J. Miller, president and chief executive officer at Stericycle. “With increasing focus on minimizing climate change impact, we formally disclosed our climate change data through CDP to enhance transparency with our many stakeholders. We are proud to have received a B- score from our initial submission and look forward to advancing our focus on climate change management.”

CDP is a not-for-profit organization managing a global disclosure system used by investors, companies, cities, states, and regions. It’s widely recognized as the global benchmark for corporate environmental transparency. Companies are scored based on CDP’s transparent scoring methodology covering:

  • Comprehensive disclosure of environmental impacts;
  • Risks, opportunities, governance and actions;
  • Awareness of environmental risks and how they relate to their business;
  • Management of these environmental risks and evidence of best practice associated with environmental leadership.

In 2020, we treated 1.5 billion pounds of medical waste, diverted 104 million pounds of plastic from landfills, safely disposed of 40 million pounds of unused pharmaceuticals, and recycled 1.1 billion pounds of paper through our Shred-it secure information destruction service. In our CDP disclosure we emphasized that we also implemented carbon emission reduction initiatives during 2020, including adding energy-efficient lighting or equipment in several facilities and improving fleet routing efficiencies.

Simon Fischweicher, Head of Corporations and Supply Chains at CDP North America, said, “Climate change poses a present and future risk to companies and their supply chains. Only by measuring environmental risks and opportunities can companies manage them now, prepare for the future and remain competitive— especially as large mainstream investors and federal policymakers increasingly push for greater transparency through disclosure. By disclosing their environmental impact through CDP, Stericycle has taken an important first step. I look forward to their continued dedication to transparency and effort in securing a net-zero, sustainable and just world.”

To learn more about Stericycle and our sustainability efforts, please download our Corporate Social Responsibility Report.

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