Ethics & Business Professional
23 July 2010
Ethical Culture Analysis
My ethical culture analysis will be on the company Waste Management. While researching companies for this analysis, I found that as of 2009, Waste Management is in the top 99 most ethical companies in the world (http://www.ethisphere.org). I already have interest in this company because one of my best friend’s father, Robert Biggs, is the chief financial officer for Waste Management’s Northeast division. His parents have always been like a second family to me. Robert Biggs came from nothing, worked his way up to CFO, and is very successful. Having said that, Waste Management has always been a company that interests me. I would love to get a job with them once I get my bachelors in Business Administration. They treat their employees exceptionally well considering the field and nature of the business they run and manage to be a top ethical company. Their commercials are always promoting recycling and “going green”. Their website has a “did you know” blurb on the home page that says, “Waste Management's subsidiary, Wheelabrator Technologies converts municipal solid waste to energy, saving nearly 7.6 million barrels of oil and generating enough clean, renewable energy to power 700,000 homes each year (or nearly 2 million tons of coal)” (www.wm.com). That speaks volumes on what they are about and their goals as they move forward into a world in need of conserving energy and finding new energy.
Aside from that, they offer a lot of different services from residential to commercial needs. They offer waste collection from single households to large national customers. They have 22,000 collection and transfer vehicles, which is the largest trucking fleet in the industry. They collect about 74 million tons of solid waste a year (www.wm.com). Much of the waste that is collected by Waste Management goes into their own landfills, which is the largest network in the industry. The landfill operations go beyond the regulations. “Waste Management is focused on solutions that impact the future of solid waste management, including Next Generation TechnologySM, which accelerates the decomposition of organic waste so that it occurs within years instead of decades (www.wm.com).” They are testing the benefits to the environment using this process right now to make sure that they are doing the right thing.
Along with Waste Management’s efforts to reduce waste and use it for energy, their recycling program is the largest in the nation. They process 8 million tons of recyclable materials a year due to their cost-efficient recycling program that is offered to households and businesses in North America. They also have a renewable energy program that makes use of landfill gas. This gas is natural and comes from landfills as the waste begins to decompose. This gas can be used for industries needing it that can produce other energies.
Waste Management is involved with current events that happen as well. They have a “Green Team” that consists of any employees that are willing to volunteer in a disastrous event. They have a whole section on their website dedicated to their efforts in helping along the cleanup process in BP’s oil spill disaster. Waste Management was actually hired by British Petroleum to assist in the massive cleanup. This involves using their employees and equipment to clean up the shoreline and also collecting and transporting the waste collected along the shore. BP asked Waste Management to help because they know that it is a company that can handle the task and is willing to go above and beyond to complete it. Their ethics about their operations is what got them to be the largest disposal company in the nation. They are also the most responsible.
The ethical culture in this company must be high to have so many employees volunteering to clean up the oil spill. The company itself...