Building on three decades of collaboration, Casella Waste Systems,
Inc. (Casella) (Nasdaq: CWST), a regional solid waste, recycling,
and resource management services company and the University of
Vermont (UVM), an R1 research institution, announced that they are
partnering to launch the Casella Center for Circular Economy and
Sustainability at UVM.
Casella has committed $1.5 million to launch the
Center, which will bring together leading scientists, engineers,
and materials management experts to serve as an industry-first
interdisciplinary hub for research, workshops, and lectures on
sustainable waste and materials management, resource solutions,
climate leadership, and community engagement. This is the first
research center that Casella has launched.
“We are deeply grateful to Casella for their
investment,” UVM Interim President Patricia Prelock said. “The
Casella Center for Circular Economy and Sustainability at UVM will
be an international leader in research solutions for sustainable
waste and materials management. This exciting new partnership pairs
our world-class researchers and environmental leadership with
Casella’s industry expertise to create urgently needed practical
solutions for people and planet.”
Established in Rutland as a single-truck waste
collection enterprise in 1975, Casella began operating Vermont's
first recycling facility just two years later. It has grown to
become one of the nation's leading recyclers. As the only waste and
recycling company among the founding members of the EPA Climate
Leaders program, Casella’s climate leadership has been recognized
by the EPA, the Association of Climate Change Officers, the Center
for Climate and Energy Solutions, and the Climate Registry with a
Climate Leadership Award for Excellence in Greenhouse Gas
management. Now, in celebration of its 50th Anniversary, investing
in the state’s leading research university is a critical step in
helping shape the future of resource and materials management.
“Sustainable materials management has been the
foundation of our business for 50 years,” said John W.
Casella, Chairman and CEO of Casella. “We’ve made incredible
progress toward a circular economy and recognize that there is
always more we can accomplish as we continue along our
sustainability journey while enabling our customers to achieve
their own sustainability goals. Investing in research that results
in economically and environmentally sustainable solutions to some
of modern society's most pressing issues is critical to our future.
We're thrilled to continue that journey with UVM and to combine our
five decades of industry expertise with their academic excellence
to help find those solutions.”
UVM Prof. Eric Roy, an environmental scientist and
engineer who has collaborated with Casella since 2016, will serve
as the inaugural Director of the Center, which will be housed in
the UVM Rubenstein School of Environment and Natural Resources.
"This type of collaboration between industry and
academia opens up a lot of potential," said Roy. "With this new
Center, we will be able to expand our circular economy research to
find solutions that benefit the public and environment. We have an
excellent working relationship with many partners at Casella, and I
am excited to further our work with other industry partners,
academic institutions, and policymakers.”
Many governments, non-profits, scholars, and
industry leaders are now focused on transitioning to a more
circular economy where materials are recycled to reduce pollution
and create further value. However, this transition presents several
challenges that require innovative solutions.
The Center will seek to find viable ways to solve
those challenges by drawing on expertise from UVM faculty,
students, and industry collaborators. Early faculty affiliates
include Matt Scarborough, Raju Badireddy, and Mandar Dewoolkar in
the College of Engineering and Mathematical Sciences, and Meredith
Niles, Hao Chen, and Joshua Faulkner in the College of Agriculture
and Life Sciences.
The Center will also host one Ph.D. student and two
undergraduate or M.S. students each year, along with multiple
research staff.
Learn more about the Casella Center for Circular
Economy and Sustainability at UVM.
About UVM: For People and
Planet
Founded in 1791, UVM is the leading public
university where discovery, creativity, community, and action
coalesce to secure a thriving future for people and
planet. Recognized among the nation’s top R1 research
institutions, Vermont’s land-grant university attracts $260 million
annually for groundbreaking research and enrolls approximately
14,000 students from 50 states and 75 countries. At UVM, students,
faculty, and staff work together in pursuit of a healthier, greener
future. Learn more at uvm.edu.
About CasellaCasella Waste
Systems, Inc., headquartered in Rutland, Vermont, is one of the
largest recyclers and most experienced fully integrated resource
management companies in the Eastern United States. Founded in 1975
as a single truck collection service, Casella has grown its
operations to provide solid waste collection and disposal,
transfer, recycling, and organics services to more than one million
residential, commercial, municipal, institutional, and industrial
customers and provides professional resource management services to
over 10,000 customer locations in more than 40 states.
Contacts: Basil Waugh,
news@uvm.edu; Jeff Weld, jeff.weld@casella.com
Casella Waste Systems (NASDAQ:CWST)
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