GFL Environmental, Ltd. (stock ticker: GFL) offers solid and liquid waste management and infrastructure and soil remediation services, including collection, transportation, transfer, recycling and disposal services for municipal, residential, and commercial and industrial customers. Headquartered in Vaughan, Ontario, Canada, they operate throughout Canada and in 27 states in the United States. GFL Environmental went public on March 5, 2020.
GFL’s Role in Drawdown
As part of their solid waste segment, GFL Environmental owns or manages (p. 40-43) 150 solid waste transfer stations, 88 landfills, 28 materials recovery facilities, and 15 organic facilities. They also have 11 soil remediation facilities and 75 liquid waste collection, processing or storage facilities.
Their material recovery and organic processing services recycle a wide range of materials, including fiber/old corrugated cardboard, mixed papers, glass bottles as well as certain plastics and ferrous/non-ferrous metal.
GFL Environmental uses various artificial intelligence (p. 41), optical sorting technologies, robotics and elliptical fiber separation to extract items that are recyclable. Using these technologies, their Winnipeg material recovery facility is one of the few in service across North America that’s fully automated and has the capacity to learn, collect data and establish recycling patterns.
In addition to their solid waste and recycling operations, GFL Environmental engages in two other business operations. In their infrastructure and solid remediation segment, they excavate and transport clean and contaminated soils and remediate and dispose of contaminated and remediated soils. In their liquid waste operation, they collect, manage, transport, process and dispose of industrial and commercial liquid wastes. They resell some of the liquid waste they recycle.
GFL Environmental has a large and diverse customer base, predominated by municipalities such as the City of Toronto, City of Hamilton and the City of Vancouver.
GFL: What We Like
GFL Environmental has taken initial steps (p. 2) to reduce their environmental and carbon footprint, and promises to establish further targets in the next couple of years:
They’ve helped avoid 3.15 million tonnes of CO2e through solid and liquid waste recycling, composting and energy generation from landfill gas.
They are committing to disclose goals and strategies to reduce their GHG emissions
Recovered 732,077 tonnes of materials, recycled 3.7 million tonnes of soil, processed 437,293 tonnes of organic material, and recycled 64.5 gallons of used motor oil and antifreeze
14% of GFL Environmental’s solid waste collection fleet was powered by compressed natural gas, reducing GHG emissions by up to 25% compared to a completely diesel-powered fleet
79% of GFL-owned and operated solid municipal landfills had gas collection and treatment systems by the end of 2019. These helped avoid 39,751 tonnes of GHG emissions that year