The Top Management Of Waste Management Essay - 1410 Words

For any organization, waste management is one of the top priorities for environmental sustainability strategy. Waste management entails a responsible operation toward the environment and thus ISO certification. The ISO 14001 Environment Management System (EMS) standard is geared to the management of the immediate and long term environmental impacts of an organization’s processes, services, and products. Under the ISO 14001 framework for environmental management best practice, organizations improve their business sustainably; comply with the appropriate environmental legislation, deliver operational improvements, mitigate the risk of pollution incidents, and curtail their environmental footprint. As such, Waste Management Inc. has a diverse group of waste management experts working to enhance performance in this area. The company is continually implementing initiatives in its home offices, distribution centers, and stores to reduce the waste that goes to the landfill by reducing, reusing, and recycling. The Environmental Objectives and Targets The top management of Waste Management Inc. is responsible for setting the environmental objectives and key performance targets to ensure the effectiveness of the company’s environmental management system. These objectives and targets are integrated into the wide strategy of Waste Management Inc. and reviewed periodically. Objective 1: To ensure Waste Management Inc. continues to operate in compliance with the relevant environmentalShow MoreRelatedWaste Management Scandal Essay882 Words   |  4 PagesWaste Management Scandal Dean Buntrock established Waste Management, Inc. in 1968. Its main purpose is to pick recycling and garbage up from residential housing and businesses. WM also disposes of the garbage in landfills. 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Incentives: from the case, the SEC staff claimed that the top Waste Management officers’ fraudulent conduct was driven by greed and a desire to retain their corporate positions and status in the business and social communities. Their bonuses, retirement benefits and stock options closely correlate with the performance of the company. If the company meets predetermined earnings targets, those top managements willRead MoreWaste Management, Inc.839 Words   |  4 PagesIntroduction: Waste Management, Inc. (WMI) is a recycling waste company that was committed accounting fraud in the 1990s. According to the article â€Å"Accounting Firm to Pay a Big Fine† by Floyd Norris, WMI established a financial statement with their earnings goals to attract investors (2001). According to the litigation release number 17435 â€Å"Waste Management, Inc. 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Thibodeau and Deborah Freier; all rights reserved. 1.1 Case Waste Management: The Matching Principle Synopsis In February 1998 Waste Management announced that it was restating the financial statements it had issued for the years 1993 through 1996. In its restatement, Waste Management said that it had materially overstated its reported pretax earnings by $1.43 billion. After the announcement, the companyà ¢Ã¢â€š ¬Ã¢â€ž ¢s stock droppedRead MoreWaste Management Scandal883 Words   |  4 PagesWaste Management Scandal BUS 320 Finance 1/8/16 Waste Management Waste Management Incorporated is considered the nations largest waste collector (Feder). Waste Management is a well known brand and dominates regions of the United States and Canada where they provide services. Anyone who sees their trucks tends to think, Garbage. During the early 1990s, instead of just picking up the garbage, Waste Management provided garbage to their investors in the form of an accounting scandal. This