@covanta.com
Leader in sustainable materials management, offering solutions that keep trash out of landfills, reduce greenhouse gases and generate clean energy
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Covanta is a prominent waste management and renewable energy company based in the United States. With its headquarters in Morristown, New Jersey, Covanta was established in 1983 and has since become a leader in sustainable waste and energy solutions. The company's primary focus is on converting waste into energy through the process of energy-from-waste (EfW).
Covanta operates over 40 EfW facilities globally, making it the largest operator of such facilities in the world. These facilities burn municipal solid waste, generating steam, which is then used to produce electricity or heat. Covanta's EfW technology reduces greenhouse gas emissions and helps in waste diversion from landfills.
Covanta's operations extend beyond the United States, with facilities located in Canada, Europe, and Asia. The company has a number of noteworthy subsidiaries, including Covanta Environmental Solutions, which provides waste management services, including material recycling and disposal solutions. Covanta also has partnerships with various local municipalities and provides services to government agencies and businesses.
In terms of its market position, Covanta holds a significant position in the waste management and renewable energy sectors. The company's global sales and revenue numbers are substantial, surpassing its competitors in the energy-from-waste industry. Covanta is known for its continuous innovation and investment in research and development to improve efficiency and environmental performance.
Over the years, Covanta has achieved several notable events and milestones. This includes the expansion of their waste-to-energy facilities, the addition of more sustainable practices to their operations, and the development of advanced technologies. Currently, Covanta remains at the forefront of the waste management and renewable energy industries.
The company continues to grow and adapt to meet the evolving needs of its customers and the sustainability challenges facing the world. As of the latest updates, Covanta is focused on expanding its global footprint and strengthening its presence in emerging markets, further solidifying its position as an industry leader
Company Type
Privately Held
Company Size
1001-5000
Year Founded
1983
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