Harris Williams：2023Q2环境服务行业报告（中译版）（13页）.pdf

1、Environmental ServicesSECTOR UPDATE I Q2 2023E N E R G Y,P O W E R&I N F R A S T R U C T U R E|B U S I N E S S S E R V I C E SUpcoming Events1Our team is attending WasteExpo 2023 in New Orleans!Connect with us at the conference to discuss M&A trends in the environmental services sector:Emailhttps:/

2、Link:E N E R G Y,P O W E R&I N F R A S T R U C T U R E|B U S I N E S S S E R V I C E SPlastic Debate&LegislationPlastic remains a hotly debated topic for its recycling and waste profile,and 2023 could be the year for further industry regulation,opening the door for new and emerging business ventures

3、.Statewide decisions could affect future markets for plastic packaging materials to drive MRF operators and haulers to change how they operate,with California and Oregon leading the rulemaking charge.Continued Industry ConsolidationHigh-velocity M&A is expected to continue into 2023 as the environme

4、ntal services sectors multiyear acquisition trend is supported by labor and supply chain challenges,both of which were exacerbated by the pandemic and have yet to fully abate.The environmental services sector continues to experience increasing interest from private equity buyers or investment funds,

5、driven by ESG considerations and recession-resilient business models.Key Themes Across Environmental Services2Sustained Demand for Skilled WorkersPandemic-era labor challenges for the environmental services sector are persisting years later,with M&A and creative hiring practices being critical to bo

6、lster the sectors workforce in 2023.Many of the sectors largest companies still dont think they are back to pre-pandemic staffing levels,noting health and economic turbulence combined with a wave of acquisitions that had choppy integration periods as the leading catalysts.Beneficial Reuse of WasteWa