Waste Management Recognized as Climate Change Leader

Company earns place on CDP’s highest performance A List

HOUSTON–(BUSINESS WIRE)–Waste Management (NYSE: WM) has been recognized as a leader among
companies from around the world by environmental not-for-profit CDP for
the depth and quality of climate change data it discloses to investors
and the global marketplace.

Waste Management’s leadership status was announced in CDP’s 2016 Climate
A List, which includes those companies from around the world that have
been identified as leading in their efforts and actions to combat
climate change in the past CDP reporting year. Thousands of companies
submitted information to CDP to be independently assessed. Of those,
Waste Management was in the 9% that were awarded an “A” grade for
performance.

“At Waste Management, environmental stewardship is inextricably linked
to our business performance and we’re honored by this prestigious
recognition,” said David P. Steiner, Chief Executive Officer of Waste
Management. “We know the work we do on our customers’ behalf to protect
the environment makes a big difference for our planet and our
transparency regarding the company’s economic, environmental and social
performance illustrates our ongoing commitment to sustainable business
operations.”

Waste Management has been included in CDP’s survey results since 2004,
but this is the first year that Waste Management has achieved a position
in CDP’s Climate A List. The Climate A List is released in CDP’s Out
of the starting blocks: Tracking progress on corporate climate action
report. The report, which establishes the baseline for corporate
climate action, reveals that global corporations have started the
transition to a low-carbon economy and some are already capitalizing on
the opportunities this affords. Companies’ progress on reducing
emissions in line with the goals of the Paris Agreement will be tracked
against this baseline in future annual reports. The 2016 Climate A List,
including names of companies featured in the report, can be found at https://www.cdp.net/en.

CDP is a not-for-profit that runs the global disclosure system for
investors, companies, cities, states and regions to manage their
environmental impacts.

ABOUT WASTE MANAGEMENT

Waste Management, 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 also a leading
developer, operator and owner of 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.

Contacts

Waste Management
Analysts
Ed Egl, 713-265-1656
eegl@wm.com
or
Media
Toni
Beck, 713-394-5093
tbeck3@wm.com