VLS Environmental Solutions Unveils Key Achievements in 2024
VLS Environmental Solutions Reports Success and Sustainability
On the special occasion of Earth Day, VLS Environmental Solutions is celebrating their significant milestones and accomplishments detailed in the newly released 2024 Sustainability Report. The report emphasizes the company's core values, including Safety, Innovation, Partnerships, Integrity, and the well-being of Employees.
Remarkable Achievements in 2024
2024 turned out to be a banner year for VLS, showcasing impressive growth across all four divisions while surpassing financial targets. The commitment to safety and sustainability remained a priority throughout the organizations, ensuring that clients also benefited from these initiatives.
Key Highlights from the Report
Here are the standout achievements from the past year:
- VLS achieved a Total Recordable Incident Rate that is substantially lower than the industry average, marking a record low for the organization. They implemented the Golden Ratio approach, enhancing transparency into workplace risks and aligning reactive safety data with proactive safety measures.
- A strategic acquisition was finalized with Clearfield MMG, enabling VLS to add soil remediation capabilities to their extensive suite of zero-waste-to-landfill services.
- To foster employee growth and engagement, VLS Academy was launched, providing an internal learning management system tailored to staff requirements.
- The annual employee engagement survey saw a remarkable increase in participation, soaring to 85%, up from 57% in the previous year.
- A comprehensive analysis of Scope 3 greenhouse gas emissions was completed, exploring pathways for renewable energy adoption and employing a dedicated sustainability manager to reinforce responsible business practices across the firm.
- VLS continued to enhance their Environmental Impact Reduction (EIR) efforts, providing both hazardous and non-hazardous waste management solutions, marine services, and railcar cleaning.
Leadership Insights on Sustainability
John Magee, the Chief Executive Officer of VLS, remarked on the dedication and hard work of the employees and clients. He noted, "The progress showcased in this Sustainability Report reflects the commitment of our team to scale services while simultaneously strengthening business operations and minimizing our environmental footprint. We are on a promising path towards sustainable environmental solutions and look forward to our continued growth in the coming years."
Kieth Cordesman, the President, highlighted the introduction of the EIR initiative, aiming to measure how VLS's operations contribute towards a sustainable future. He stated, "VLS is steadfast in assisting our clients in achieving their sustainability goals through inventive solutions that mitigate waste and emissions, promote material circularity, and cultivate safer environments for all our stakeholders."
According to Brian Brantley, the General Counsel and Head of Sustainability and Government Affairs, advancements made in 2024 improved their understanding of environmental impacts. He noted enhancements in governance with new policies to uphold the safety of their business ecosystem, clients, and partners.
Corinna Carbone-Stephens, Chief People Officer, expressed pride in how the workforce's commitment to VLS has been rewarded through support and development efforts. She stated, "Our People and Culture department is dedicated to advancing employee growth and inclusivity, and the positive feedback received from our engagement survey signifies that our employees feel valued in our work environment."
About VLS Environmental Solutions
VLS Environmental Solutions stands out as a frontrunner in sustainable solutions, supported by four distinct divisions. Their services range from Non-Hazardous Waste Management, which includes custom waste disposal and sustainability initiatives, to Hazardous Waste Services that handle industrial waste solutions. Their specialized Railcar Cleaning and Repair Services address the needs of difficult-to-clean products, while the Marine Services division offers exemplary cleaning and repair for various chemicals and petroleum products. VLS employs over 1,400 individuals across more than 50 locations in North America, continuing its stride towards a sustainable future.
Frequently Asked Questions
What is the purpose of the 2024 Sustainability Report?
The report highlights VLS Environmental Solutions' achievements in sustainability, safety, and employee engagement during the year.
How did VLS improve employee engagement?
VLS launched the VLS Academy and significantly increased survey participation to 85%, reflecting a prioritized focus on employee development.
What measures were taken to enhance workplace safety?
VLS implemented the Golden Ratio method, which improves visibility into workplace risks, contributing to a lower incident rate.
What new capabilities does the acquisition of Clearfield MMG provide?
This acquisition allows VLS to offer soil remediation services, expanding their zero-waste-to-landfill capabilities.
How does VLS aim to impact sustainability in the future?
VLS is committed to assisting clients in achieving sustainability goals through innovative solutions that reduce waste, emissions, and foster healthier environments.
About The Author
Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
