Cleanaway Waste Management is Australia’s leading total waste management, industrial and environmental services company. With a 50-year history, they are the only ASX 100 listed waste management company. Cleanaway now generates over $2.2B in revenue per annum, underpinned by long term contracts with a geographically diverse customer base of municipal councils, hospitals, infrastructure, commercial and industrial customers. Supported by their Footprint 2025 strategy, they have an impressive roadmap for sustainably investing in value chain extensions that will enhance the strategic moat of their business.
In addition, the coronavirus pandemic is having a distinct impact on the Australian waste management industry, with more people staying at home, the amount of household waste being produced has spiked.
Cleanaway Waste not only has excellent defensive characteristics, it appears to have plenty of room for growth and expansion.