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Waste Management Named to Ethisphere’s World’s Most Ethical Companies List for the Sixth Consecutive Year

  Waste Management Named to Ethisphere’s World’s Most Ethical Companies List
  for the Sixth Consecutive Year

Award recognizes leadership in ethical business practices and commitment to
sustainability

Business Wire

HOUSTON -- March 6, 2013

Waste Management (NYSE: WM) has been recognized by the Ethisphere Institute—a
leading international organization dedicated to the creation, advancement and
sharing of best practices in business ethics, governance, anti-corruption and
sustainability—as one of the 2013 World’s Most Ethical (WME) Companies. This
is the sixth year the company has been honored for upholding the highest of
ethical standards. Waste Management was chosen for its strong corporate
culture focused on deep commitments to environmental sustainability, ethics
and communities and setting and achieving ambitious sustainability goals.

“This recognition from Ethisphere reflects our most fundamental commitment to
keeping the environment—and our people and our neighbors—safe,” said David
Steiner, chief executive officer and president of Waste Management. “As an
industry leader, we continue to develop strategies to extract value from
waste, which both minimizes our environmental impact and saves our customers
money.”

This is the seventh year Ethisphere has published the WME rankings. Ethisphere
evaluated a record number of applications this year and reviewed nominations
from companies in more than 100 countries and 36 industries. After conducting
in-depth research and a multi-step analysis, Ethisphere named companies that
surpassed their industry peers to this year’s World’s Most Ethical Companies
list.

The methodology for the WME ranking includes reviewing codes of ethics,
litigation and regulatory infraction histories; evaluating the investment in
innovation and sustainable business practices; looking at activities designed
to improve corporate citizenship; and studying nominations from senior
executives, industry peers, suppliers and customers.

“Waste Management continues to be a staple component of our list, for the
sixth year running, and we are pleased to reward its commitment to ethical
business practices,” said Alex Brigham, executive director of Ethisphere.
“Waste Management has accomplished a great deal through its various
sustainability initiatives, and we are excited to see the company continue to
make major progress in achieving its goals.”

Read about the methodology and view the complete list of the 2013 World’s Most
Ethical Companies at http://ethisphere.com/wme. The World’s Most Ethical
Companies list will also be featured in the 2013 Quarter 1 issue of Ethisphere
Magazine.

ABOUT WASTE MANAGEMENT

Waste Management, Inc., based in Houston, Texas, is the leading provider of
comprehensive waste management services in North America. Through its
subsidiaries, the company provides collection, transfer, recycling and
resource recovery, and disposal services. It is the largest recycler in North
America and a leading developer, operator and owner of waste-to-energy and
landfill gas-to-energy facilities in the United States. The company’s
customers include residential, commercial, industrial, and municipal customers
throughout North America. To learn more information about Waste Management
visit www.wm.com or www.thinkgreen.com.

ABOUT ETHISPHERE INSTITUTE

The research-based Ethisphere® Institute is a leading international think-tank
dedicated to the creation, advancement and sharing of best practices in
business ethics, corporate social responsibility, anti-corruption and
sustainability. Ethisphere Magazine, which publishes the globally recognized
World’s Most Ethical Companies Ranking™, is the quarterly publication of the
Institute. Ethisphere provides the only third-party verifications of
compliance programs and ethical cultures that include: Ethics Inside®
Certification, Compliance Leader Verification™ and Anti-Corruption Program
Verification. More information on the Ethisphere Institute, including ranking
projects and membership, can be found at http://www.ethisphere.com.

Contact:

Waste Management
Lynn Brown, 713-394-5093
lynnbrown@wm.com
 
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