Product Stewardship Institute Announces Two New Sustaining Partners
April 27 2009 - 6:48PM
PR Newswire (US)
Covanta Energy and Sharps Compliance Join Growing List of Corporate
Partners BOSTON, April 27 /PRNewswire/ -- The Product Stewardship
Institute, Inc. (PSI), a national, non-profit organization focused
on reducing the health and environmental impacts of consumer
products, today announced that Covanta Energy Corporation, a
wholly-owned subsidiary of Covanta Holding Corporation (NYSE:CVA)
and Sharps Compliance Corp. (OTC:SCOM) (BULLETIN BOARD: SCOM) are
new PSI Sustaining Partners. Both Covanta Energy and Sharps
Compliance recognize the value of product stewardship and support
its advancement. Covanta Energy has rolled out mercury recycling
programs in several of the communities where it operates
Energy-from-Waste facilities to help reduce mercury from the waste
stream. Sharps Compliance has been an active participant in PSI's
National Dialogue on Medical Sharps, contributing valuable
expertise in developing solutions to the environmental and health
problems caused by used hypodermic needles in the waste stream.
These new Sustaining Partners join a diverse network of more than
50 corporate and organizational partners dedicated to reducing the
health and environmental impact of consumer products. "We are
always looking for new corporate partners that can provide
sustainable solutions that protect our environment," said Scott
Cassel, PSI's Executive Director. "Removing mercury and medical
sharps from the waste stream, where they present hazards and drive
up costs for local governments, are PSI priorities. Covanta Energy
and Sharps Compliance are doing their part to address these
problems. Their perspectives will be helpful as PSI brings
government, business, and environmental organizations together to
promote product stewardship." As an international owner and
operator of Energy-from-Waste and other renewable energy projects,
Covanta Energy's facilities convert municipal solid waste into
clean, renewable energy for communities throughout the country. "We
are working to provide a safe, reliable, and environmentally
superior waste disposal option that can help communities achieve
their sustainability goals," said John G. Waffenschmidt, Vice
President of Environmental Science and Community Affairs at Covanta
Energy. "Like PSI, we have identified materials that we believe do
not belong in the waste stream and we are happy to partner with
them in their efforts to improve product stewardship." Sharps
Compliance provides disposal for medical waste, especially
hypodermic needles and lancets. "PSI was the first national
organization to promote extended producer responsibility in the
United States," said Burt Kunik, Chairman and CEO of Sharps
Compliance. "Many of their efforts have led to much needed
legislation, and our partnerships with them will enable us to
influence future 'green' efforts in our industry." PSI offers three
levels of corporate partnership: Founding Partners, Sustaining
Partners, and Partners. All PSI partners support PSI's mission and
recognize the organization's Principles of Product Stewardship.
Benefits include opportunities to shape public policy by
participating in PSI national dialogues, access to information and
networks, technical and strategic advice, recognition, and
marketing opportunities. About PSI: The Product Stewardship
Institute (PSI) is a national environmental institute with
membership from 45 states, over 75 local governments, and more than
50 businesses, environmental groups, and organizations that
establishes cooperative agreements to reduce the health and
environmental impacts from consumer products. PSI promotes producer
responsibility in the context of shared responsibility for the
lifecycle management of consumer products. For more information,
visit http://www.productstewardship.us/. About Covanta: Covanta
Energy, a subsidiary of Covanta Holding Corporation, is an
internationally recognized owner and operator of large-scale
Energy-from-Waste and renewable energy projects and a recipient of
the Energy Innovator Award from the U.S. Department of Energy's
Office of Energy Efficiency and Renewable Energy. Covanta's 38
Energy-from-Waste facilities provide communities with an
environmentally sound solution to their solid waste disposal needs
by using that municipal solid waste to generate clean, renewable
energy. Annually, Covanta's modern Energy-from-Waste facilities
safely and securely convert approximately 16 million tons of waste
into more than 8 million megawatt hours of clean renewable
electricity and create 10 billion pounds of steam that are sold to
a variety of industries. For more information, visit
http://www.covantaholding.com/. About Sharps Compliance Corp.:
Sharps Compliance is a provider of disposal solutions for
alternative site healthcare facilities and other generators of
medical waste and unused pharmaceuticals. The Company's flagship
product, the Sharps Disposal by Mail System(R), is a cost-effective
and easy-to-use solution to dispose of medical waste such as
hypodermic needles, lancets and any other medical device or objects
used to puncture or lacerate the skin (referred to as "sharps").
The Company also offers a number of products specifically designed
for the home healthcare market and products for the safe disposal
of unused pharmaceuticals, RxTakeAway(TM). More information on
Sharps Compliance can be found on its website at:
http://www.sharpsinc.com/. DATASOURCE: The Product Stewardship
Institute, Inc. CONTACT: Scott Cassel, Product Stewardship
Institute, Inc., +1-617-236-4822, Web Site:
http://www.productstewardship.us/
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