The ever-growing global population has resulted in an increase in waste generation. In 2016, global municipal solid waste generation stood at 2.02 billion metric tons and was projected to surpass three billion metric tons by 2050. These concerns have emerged as key drivers for the growth of the environmental services market.
Therefore, it could be wise to invest in fundamentally strong waste disposal stocks Ecolab Inc. (ECL), Republic Services, Inc. (RSG), and Waste Management, Inc. (WM) for a profitable and sustainable portfolio.
