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Cleanaway Waste Management

#3188

Rank

$3.75B

Marketcap

AU Australia

Country

Cleanaway Waste Management
Leadership team

Mr. Mark John Schubert BE (Chemical) (CEO, MD & Director)

Mr. Paul Andrew Binfield ACA (NZ), ACA (UK), BA (Hons) (Chief Financial Officer)

Mr. Richard Farrell (Head of Investor Relations)

Products/ Services
Commercial, Environmental Consulting, Industrial, Recycling, Waste Management
Number of Employees
1,000 - 20,000
Headquarters
Melbourne, Victoria, Australia
Established
1989
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
CWY.AX
Social Media
Overview
Location
Summary
Cleanaway Waste Management Limited provides waste management, industrial, and environmental services in Australia. The company operates through three segments: Solid Waste Services, Industrial & Waste Services, and Liquid Waste & Health Services. It offers commercial and industrial, municipal, and residential collection services for various types of solid waste streams, including general waste, recyclables, construction, and demolition waste, as well as medical and washroom services. The company also involved in the ownership and management of waste transfer stations, resource recovery and recycling facilities, secure product destruction, quarantine treatment operations, and landfills; sale of recovered paper, cardboard, metals, and plastics; and collection, treatment, processing, and recycling of liquid and hazardous waste, including industrial waste, grease trap waste, oily waters, and used mineral and cooking oils in packaged and bulk forms. In addition, it offers industrial solutions comprising industrial cleaning, vacuum tanker loading, site remediation, sludge management, parts washing, concrete remediation, CCTV, corrosion protection, and emergency response services. Further, the company refines and recycles used mineral oils to produce fuel oils and base oils; generates and sells electricity produced utilizing landfill gas; and provides health and biohazardous waste, organic waste, e-waste recycling, industrial construction and cleaning, and equipment cleaning services, as well as spill kits. It offers its services to various industries. The company was formerly known as Transpacific Industries Group Ltd. and changed its name to Cleanaway Waste Management Limited in February 2016. Cleanaway Waste Management Limited was incorporated in 2002 and is headquartered in Melbourne, Australia.
History

Brambles entered the waste management and disposal industry in 1970 when it purchased the Australian waste collection and disposal services of the Purle Group. In 1979, it began trading as Cleanaway.Cleanaway expanded into Europe in the 1990s, purchasing businesses in the Netherlands, Germany and the United Kingdom. By 2003 the UK operation employed over 8,000 people. The German business was sold in 2005. Veolia acquired Cleanaway UK in 2006. In June 2006, Brambles sold Cleanaway to KKR, who then sold it to Transpacific Industries in May 2007. Transpacific Industries was formed in 1987, expanding through organic and strategic growth. The combined entity would continue to trade separately as Transpacific Industries and Cleanaway for ten years. In September 2013 the Commercial Vehicles Group that sold Dennis Eagle, MAN and Western Star Trucks was sold to the Penske Automotive Group.In late 2015 the company rebranded to Cleanaway Waste Management, dropping the Transpacific name. In May 2018, Cleanaway acquirired Tox Free Solutions, including its subsidiary Daniels Health.In 2019, Cleanaway acquired a number of the SKM Recycling Group's assets for $66 million, restoring and reopening the facilities completely by February 2020. The acquisition included two materials recovery facilities and two transfer stations in Victoria, and a material recovery facility in Tasmania. The site in Laverton North includes a plastic sorting facility which separates plastics from material recovery facilities into clean, individual polymer grades for sale or input into a pelletising facility. SKM was in substantial debt after the Victorian Environment Protection Authority placed limitations on its waste intake in response to a series of fires involving recycling stockpiles, leading to SKM ceasing waste collections from more than 30 councils with recycling diverted to landfill. The acquisition of Statewide Recycling in late 2019 expanded Cleanaway's regional Victoria business, including a transfer station in Warrnambool.In April 2021, Cleanaway agreed terms to purchase the Sydney operations of Suez Environnement, after Suez and Veolia reached a merger agreement.As at June 2021, it employed over 6,300 people and operate 5,300 trucks from more than 250 branches, as well as a range of static facilities. It is the largest waste management business in Australia.

Mission
To maximize resource value, while minimizing - and even eliminating - environmental impact so that both our economy and our environment can thrive.
Vision
To be a trusted and respected leader in the waste and resource recovery industry, creating sustainable value for our customers, employees, suppliers and shareholders.
Key Team

Mr. Daniel J. F. Last LLB (Hons), B.Com, FGIA, GAICD (Gen. Counsel & Company Sec.)

Ms. Michele Mauger (Chief People Officer)

Ms. Johanna Birgersson (Exec. Officer)

Mark Biddulph (Head of Corp. Affairs)

Mr. Michael Bock (Exec. Gen. Mang. of Integration & Enterprise Services)

Ms. Tracey Boyes (Exec. Gen. Mang. of Solid Waste Services)

Recognition and Awards
Waste Management won 1 award in 2017. In 2017, Waste Management won for Top Rated Company Perks & Benefits. Based on 3,536 ratings and 414 participants, employees at Waste Management are less satisfied with their work experience. The overall culture score, 68/100 or C+, incorporates employee ratings based on their feedback on the Team, Environment, Gender and more.
References
Cleanaway Waste Management
Leadership team

Mr. Mark John Schubert BE (Chemical) (CEO, MD & Director)

Mr. Paul Andrew Binfield ACA (NZ), ACA (UK), BA (Hons) (Chief Financial Officer)

Mr. Richard Farrell (Head of Investor Relations)

Products/ Services
Commercial, Environmental Consulting, Industrial, Recycling, Waste Management
Number of Employees
1,000 - 20,000
Headquarters
Melbourne, Victoria, Australia
Established
1989
Net Income
20M - 100M
Revenue
Above - 1B
Traded as
CWY.AX
Social Media