Indy Basketball Events Remain Carbon Neutral

All operations emissions from venues of tournaments were offset by renewable energy credits and carbon offsets

INDIANAPOLIS – Indiana Sports Corp, in partnership with AES Indiana, Heritage Interactive Services, Keep Indianapolis Beautiful and IUPUI’s Office of Sustainability, have announced that venue operations of all practices and games during the basketball events last March and April were carbon neutral.

Heritage Interactive Services partnered with ClimeCo to contribute offsets to mitigate the basketball tournament’s carbon footprint. Students from IUPUI’s Office of Sustainability calculated actual emissions from data collected across the seven venues, including electricity, gas, steam, and chilled water, to determine the total carbon dioxide equivalent (CO2e) produced during each game and practice. Heritage worked with ClimeCo to purchase the carbon offsets necessary to balance nearly 5,000 tonnes of CO2e generated during the tournament. The team selected carbon reduction projects across the country, supporting wind energy, landfill gas capture and destruction, and preservation of natural forest habitat.

AES Indiana, a subsidiary of The AES Corporation (NYSE: AES), purchased renewable energy credits (RECs) and applied them toward electricity usage at Hinkle Fieldhouse, Bankers Life Fieldhouse, Lucas Oil Stadium, Indiana Farmers Coliseum, and the Indiana Convention Center. Throughout the tournament, more than 2.2 million kilowatt hours of energy were used to power the practice and tournament facilities. That is equivalent to the amount of electricity it takes to power approximately 2,200 households in Indiana for one full month.

Additionally, as part of Coca-Cola Consolidated’s Refresh Recycle Renew campaign, Republic, the Indiana Convention Center & Lucas Oil Stadium partnered together with Circular Solutions Advisors and Food Loops to get every bottle and can back from games and practices at these venues during the tournament. This effort resulted in 98 percent of all bottles and cans (117,596 cans/3.3 tons) consumed being made into new bottles and cans. All waste, including food, was captured at the championship game held at Lucas Oil Stadium with 70 percent of all waste (2.90 tons) being diverted from the landfill.

These efforts ensured that the tournament was operationally carbon neutral from the time teams arrived in Indiana to after the national championship on April 5 in addition to the recycling collection and landfill diversion efforts.

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About Indiana Sports Corp
Founded in 1979 as the nation’s first sports commission, Indiana Sports Corp is a not-for-profit organization focused on bringing premier sporting events to Indiana to drive economic vitality, facilitate a vibrant community with civic pride and garner positive media attention. Because of this, Indiana Sports Corp is able to provide positive, sports-related opportunities for youth in the community. For more information, please visit IndianaSportsCorp.org.

Heritage Sustainability Investments and ClimeCo provide capital to Restore the Earth Foundation

INDIANAPOLIS, July 15, 2021 – Heritage Sustainability Investments, LLC, a subsidiary of The Heritage Group and affiliate of Heritage Environmental Services, LLC, (collectively, Heritage), and ClimeCo joined together to provide strategic capital to Restore the Earth Foundation, Inc. (Restore the Earth) to provide for the native trees and planting for the reforestation of 4,000 acres of the Pointe-aux-Chenes Wildlife Management Area in Louisiana.  The freshwater marsh area will be planted with native Bald Cypress seedlings. In addition to the sequestration of CO2, the project will reduce flood and storm risk to local communities by creating a first line of defense in the form of healthy forest ecosystems and restore fragmented wildlife habitats. The project is anticipated to create 800,000 Climate Action Reserve Forward Mitigation Units (FMUs).

“The benefits of reforestation projects like this reach far beyond the immediately impacted areas,” said Chad Peterson, President of Heritage Sustainability Investments. “The work Restore the Earth is doing not only benefits the environment, but also the people and businesses in southern Louisiana. Collaborating with ClimeCo on this project will help us make a lasting difference in the community and drive future GHG reduction.”

people planting treesRestore the Earth pioneered the development of the Climate Action Reserve’s Climate Forward Reforestation methodology. The program provides a mechanism to quantify, verify and register FMUs, which represent emissions that are forecasted to be mitigated in the future, using rigorous and peer–reviewed carbon reduction project methodologies. FMUs will be marketed to voluntary buyers by ClimeCo to help fund future reforestation efforts in the basin. The program is designed to encourage companies and organizations to invest in projects that mitigate future greenhouse gas (GHG) emissions.

“Restoration of degraded lands is one of the most critical project types society can undertake to meet the challenge of climate change,” says Derek Six, Chief Business Officer for ClimeCo.  “Reforestation provides a clear and enduring GHG mitigation impact, and generations to come will enjoy the wide array of ecological benefits these projects create. ClimeCo is excited to be working with Restore the Earth and to continue to support their ambitious goals in the Mississippi River Delta.”

Ballard Spahr, a national law firm with more than 600 attorneys in 15 offices nationwide, served as counsel to ClimeCo for the project. Attorneys supported the formation and management of a special purpose LLC for the effort, prepared the transaction and financing documents, and advised on matters involving the carbon offset protocols and requirements for generating the FMUs.

About Heritage

Heritage Sustainability Investments, LLC, is a subsidiary of The Heritage Group and affiliate of Heritage Environmental Services, LLC. We invest in companies where our deep knowledge and extensive resources in materials sciences and environmental sustainability can accelerate growth. We purchased a minority stake in ClimeCo in February 2021, combining Heritage’s leadership in holistic waste management and beneficial reuse with ClimeCo’s expertise in climate change policy, sustainability program development, and emission reduction project implementation to provide a unique, turnkey service offering to the market.

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products. We specialize in regulated carbon, voluntary markets, plastic credits, sustainability, and project development and financing of GHG abatement and mitigation systems. For more information or to discuss how ClimeCo can drive your organization’s value, contact us at 484.415.0501, info@climeco.com, or through our website, climeco.com.

About Restore the Earth Foundation

Restore the Earth Foundation, Inc. is a 501(c)(3) not for profit with a mission of restoring the Earth’s essential forest and wetland ecosystems. Restore the Earth knows that it is possible to go beyond just protecting our environment—it is possible to restore it. And when you restore the environment at landscape scale, it creates incredible value for ecosystems, biodiversity, habitat, communities, business and the Earth.

 

Click here to view the original press release.

Heritage and Fielding partner to purchase Reclamation Technologies Inc. and accelerate growth strategies

INDIANAPOLIS, July 7, 2021 – Heritage Environmental Services, Inc. (Heritage), a leader in environmental and sustainability services, and Fielding Environmental (Fielding), a leader in resource recovery, have partnered to acquire Reclamation Technologies, Inc. (RTI) in Blaine, Minnesota.

RTI is an EPA-certified refrigerant reclamation company serving customers in the Midwest and Texas. They provide on-site services and have the capability to separate mixed gases. One of the main benefits of refrigerant reclamation is to give building owners and HVAC/R contractors a safe and affordable solution to manage refrigerants that are harmful to the ozone layer and contribute to global warning.  Reusing these materials also reduces consumption of non-renewable resources needed to make virgin refrigerants.

“The acquisition supports the expansion of Heritage’s service offerings in the refrigerants business, growing its platform beyond leadership in the Ozone Depleting Substances business. Heritage will now be able to offer its global customers a complete solution for the highest and best use of used refrigerant gases in partnership with another multi-generational circular economy-focused family business based in Canada,” said Jeff Laborsky, CEO of Heritage. “We’re excited to continue our purpose to protect human health and the environment and also prevent greenhouse gases from escaping into the atmosphere.“

“Everything came together in a perfect way.  I can’t think of a better partnership to service this space.  Together, Heritage and Fielding have the resources and experience to be the North American leader in refrigerant management services – whether gas requires reclamation, separation, or destruction, we have the solutions for our customers.  When the American Innovation and Manufacturing (AIM) Act was announced we knew the timing for a partnership was right, and when we visited RTI we knew the acquisition was right.  I am very excited about our team and all we are going to do together,” said Katelyn Imrie, Executive Vice President of Fielding.


About Heritage Environmental Services

Heritage Environmental Services is a privately held, family-owned environmental services business with more than 1,600 employees across North and Central America. The company provides a full suite of tailored solutions from emergency response, waste disposal, and sustainability services to on-site support and technical solutions to thousands of customers in hundreds of industries and verticals. Throughout its 50-year history, Heritage Environmental Services has prioritized the safety of its employees while pursuing its purpose of protecting human health and the environment.

About Fielding Environmental

Fielding is an award winning cleantech company with over 65 years’ experience in resource recovery.  Fielding serves a wide variety of businesses to create high quality products from chemical waste that are distributed worldwide.  For over 25 years Fielding has been a Canadian leader in the collection and reclamation of refrigerants, they offer their customers a full product line of both reclaimed and virgin product options.  Fielding is committed to helping their customer’s save money while improving their environmental stewardship programs The Right Way ™.

Heritage Interactive Services and ClimeCo Partner with NCAA and Indiana Sports Corp to Make March Madness Carbon Neutral

  • Heritage Interactive Services and ClimeCo will contribute offsets to help mitigate March Madness’ carbon footprint.
  • The estimated impact is comparable to taking 1,188 cars off the road for one year.

 

INDIANAPOLIS, March 17, 2021 – Heritage Interactive Services, a subsidiary of Heritage Environmental Services (collectively, Heritage), and ClimeCo announced that they are teaming up to contribute offsets to mitigate the NCAA Division I Men’s Basketball Championship carbon footprint.

The Heritage/ClimeCo team reviewed historic emissions factors across the seven various event venues, including electricity, gas, steam, and chilled water, to estimate the total carbon dioxide equivalent (CO2e) produced during each game and practice. Based on initial projections, required offsets are anticipated to be over 5,500 tonnes of CO2e, comparable to taking 1,188 cars off the road for one year.

Local university IUPUI’s Office of Sustainability will collect actual operations data from all tournament venues during practice and game days and conduct a greenhouse gas emission assessment. The data will be used to quantify the greenhouse gas footprint, and this will determine the amount of carbon offsets necessary for Heritage Interactive Services to purchase to balance the CO2e generated to achieve a carbon neutral March Madness.

“As an Indianapolis-based company known for sustainability partnership we are proud to contribute to the success of this historic March Madness tournament,” said Peter Lux, President of Heritage Interactive Services. “Alongside our partners at ClimeCo, we welcome opportunities to help our clients reduce the environmental impact of these types of events across North America.”

“As long-time NCAA Tournament fans, we are really excited to work with Heritage, the NCAA and the Indiana Sports Corporation to help ensure the 2021 NCAA tournament is run in an environmentally sustainable fashion,” said Bill Flederbach, President of ClimeCo. “The NCAA and the Indiana Sports Corporation have scored big with their leadership in combating climate change!”


About Heritage Interactive Services

Heritage Interactive Services is a division of Heritage Environmental Services, a privately held, family-owned environmental services business with more than 1,600 employees across North and Central America. The company provides a full suite of tailored solutions from emergency response, waste disposal, and sustainability services to on-site support and technical solutions to thousands of customers in hundreds of industries and verticals. Heritage regularly achieves a high-level of cost savings and landfill avoidance through innovative total byproduct management solutions, including customized waste and recycling programs, even helping hundreds of sites achieve zero waste to landfill status.

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products. We specialize in regulated carbon, voluntary markets, sustainability, plastic credits and project development and financing of GHG abatement and mitigation systems. For more information or to discuss how ClimeCo can drive your organization’s value, contact us at 484.415.0501, info@climeco.com, or through our website, climeco.com.

Heritage Receives 2020 EBJ Business Achievement Awards

 

 

San Diego, Calif. (February 26, 2021)Environmental Business Journal® (EBJ), a business research publication which has provided strategic business intelligence to the environmental industry since 1988, has honored Heritage Environmental Services (Heritage) with 2020 EBJ Business Achievement Awards for COVID Response Services, Battery Recycling (New Practice Area), and a 50-Year Recognition.

“2020 was certainly an exceptional year for our society, the economy and the environmental industry,” said Grant Ferrier, president of Environmental Business International Inc. (EBI, Inc.), and editor of Environmental Business Journal. “Unique enough that we added two major categories to the EBJ Awards: COVID Resilience that recognizes companies that adapted to work-at-home, travel, field services and other restrictions, as well as rapidly changing client needs; and COVID Response that recognizes companies that developed or accelerated new business initiatives, innovations and entire business units to support the environment, health & safety needs of their diverse client sectors.”

Throughout the pandemic, Heritage has actively provided response services to help curb the spread of COVID-19. Services include both routine and emergency disinfection in addition to regular hazardous, industrial and medical waste transportation and disposal. Heritage developed a program to ensure safe, secure transportation and disposal of PPE, diverting this wastestream from landfills to an energy recovery facility to be thermally destroyed.

“I’m proud of how our team continued to service customers with their everyday waste needs while stepping up to perform thousands of COVID disinfecting jobs, helping them keep their companies, employees, and clients safe,” said Rudy Streng, Senior Vice President at Heritage. “We also collected N95 masks from hundreds of hospitals across the country, took them to disinfection facilities, and safely returned them to those front line workers.”

Heritage was recognized by EBJ with a 50-Year Recognition award, honoring environmental industry firms founded in 1970. Partnering with innovative organizations and launching a new division, Heritage Battery Recycling, is one of many steps the company is taking to ensure the business sustains its track record of success for another 50 years. Heritage has positioned itself to be on the cutting edge of electronic vehicle battery reuse and recycling, receiving an EBJ award for this New Practice Area.

About Heritage Environmental Services, Inc.

Heritage Environmental Services is a privately held, family-owned environmental services business with more than 1,600 employees across North and Central America. The company provides a full suite of tailored solutions from emergency response, waste disposal, and sustainability services to on-site support and technical solutions to thousands of customers in hundreds of industries and verticals. Throughout its 50-year history, Heritage Environmental Services has prioritized the safety of its employees while pursuing its purpose of protecting human health and the environment.

Heritage Sustainability Investments, LLC Purchases Stake in ClimeCo

 

 

February 10, 2021 (Boyertown, PA) – ClimeCo LLC (ClimeCo) is pleased to announce that Heritage Sustainability Investments, LLC, a subsidiary of The Heritage Group (collectively, Heritage), has purchased a minority stake in ClimeCo. This alliance allows ClimeCo to expand its staffing and project investments to assist companies focused on implementing solutions that meet their sustainability goals. With its comprehensive resources, ClimeCo is firmly positioned to handle market challenges, including rapid changes to climate policy, the formation of new carbon markets and exchanges around the world, and increasing pressure for organizations to improve ESG disclosure transparency.

“The synergies are endless,” said Bill Flederbach, President & CEO of ClimeCo. “It is clear that our two firms can create incremental value together.  I am proud to have Heritage as an investor in ClimeCo! This alliance allows us to enter 2021 with a great partner, a strong balance sheet, and fresh investment capital as we continue to lead in sustainability and the low carbon economy.”

ClimeCo’s relationship with Heritage began in 2015 as part of a California Compliance Offset project to destroy refrigerants and generate carbon offsets that qualify under the California Assembly Bill 32 cap-and-trade program.  Over the years, this working partnership between ClimeCo and Heritage has evolved into an alliance focused on new greenhouse gas opportunities (GHG) and sustainability markets.

“We have been engaged with the ClimeCo team for years, and when an opportunity was presented to support further growth, we were excited to invest in Bill and his team,” said Chad Peterson, President of Heritage Sustainability Investments. “We believe this investment will not only help grow Climeco but also provide a unique opportunity to service Heritage customers who are focused on improving their overall carbon-related goals.”

Heritage’s investment in ClimeCo supports its commitment to be a leader in environmental sustainability, a core tenant to Heritage’s environmental service offering.  Heritage recognizes that combining its leadership in holistic waste management and beneficial reuse with ClimeCo’s expertise in climate change policy, sustainability program development, and emission reduction project implementation provides a unique, turnkey service offering to the market.

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products. We specialize in regulated carbon, voluntary markets, sustainability, and project development and financing of GHG abatement and mitigation systems. For more information or to discuss how ClimeCo can drive your organization’s value, contact us at 484.415.0501, info@climeco.com, or through our website, climeco.com.

About The Heritage Group

Founded in 1930, The Heritage Group (THG) is a fourth-generation family-owned business managing a diverse portfolio of companies specializing in heavy construction and materials, environmental services, and specialty chemicals. With more than 5,000 employees and 30 operating companies worldwide, THG aims to create a safer, more enriching and sustainable world by harnessing the power of family.

Heritage Invests in Future of Battery Recycling

  • The Heritage Group’s newly formed Heritage Battery Recycling announces collaboration with Romeo Power, Inc. and Heritage-Crystal Clean, Inc. – leveraging a well-established logistics network for spent lithium-ion battery collection, processing and reuse assessment
  • Shane Thompson joins the Heritage team as President of Heritage Battery Recycling

 

INDIANAPOLIS, IN. (Feb 10, 2021) – The Heritage Group and Heritage Environmental Services, Inc. (collectively, “Heritage”), a leader in environmental and sustainability services, launched a new division, Heritage Battery Recycling (HBR), in late 2020 to address growing market demand for safe, sustainable solutions for lithium-ion batteries near or at end-of-life. HBR’s goal is to recover and reuse critical battery precursor resources that exist in finite supply across the globe.

In collaboration with Romeo Power, Inc. (“Romeo Power”) (NYSE: RMO), an energy technology leader delivering large-scale electrification solutions for complex commercial applications, HBR will develop a battery reuse and recycling facility sited in the southwestern United States.

“By working directly with Romeo Power, we have a unique opportunity to provide a safe, environmentally sound end-of-life strategy for commercial truck manufacturers, commercial fleet managers and conscientious business owners who are investing in clean energy today,” said Jeff Laborsky, CEO of Heritage. “We are proud to be part of this long-term sustainability collaboration.”

“Romeo Power is thrilled to expand our end-to-end electrification strategy through the Heritage Battery Recycling facility” said Lionel Selwood Jr., CEO of Romeo Power. “We are committed to anticipating our customers’ long-term needs as they transition to electrification, and HBR will provide them with a turnkey solution to repurpose end-of-life batteries safely and responsibly.”

To jumpstart efficiencies in transportation and logistics for HBR’s battery collection operations across North America, Heritage partnered with Heritage-Crystal Clean, Inc. (“Crystal Clean”) (Nasdaq: HCCI), a leading provider of parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services primarily focused on small and mid-sized customers. Crystal Clean’s extensive network of 89 branch locations, advanced logistic operations and long-standing customer relationships across the automotive sector position it as an optimal partner for HBR.

Together, Heritage and Crystal Clean bring HBR access to over 100,000 customer locations, 2,500 knowledgeable employees, a fleet of over 1,300 power units and 108 facility locations across North America.

“The creation of Heritage Battery Recycling, and our partnership with Crystal Clean, reflects our 50-year legacy of pursuing sustainable solutions for our customers, and further demonstrates our commitment to achieving our Environmental, Social, and Governance (ESG) goals,” said Jeff Laborsky, CEO of Heritage.  “Our two companies together combine the strengths of Crystal Clean’s advanced collection capabilities with Heritage’s safe processing expertise.”

”Since its inception, Heritage-Crystal Clean has partnered with Heritage in an effort to provide value to our customers,” explained Brian Recatto, President and CEO of Heritage-Crystal Clean. “We’re excited about our commitment to invest in a new partnership with Heritage Battery Recycling because it not only furthers our valuable relationship with Heritage, but is demonstrative of our vision to protect the earth’s resources and our mission to provide environmentally sustainable solutions to our customers.

HBR is investing in technology, partnerships and people to help identify the highest and best use of reduced capacity electric vehicle batteries and establishing best practices for recycling or refurbishment. Heritage’s experience with safely handling hazardous waste and managing total byproduct programs with many auto OEMs, makes it a natural fit for collaboration with automotive manufacturers facing this industry-wide challenge.

Heritage announced today that Shane Thompson has been named President of newly formed HBR. “Shane is the right leader for Heritage Battery Recycling,” said Laborsky. “His extensive background in battery end-of-life management makes him one of the world’s leading experts in this rapidly evolving industry. We are confident that Shane’s strong business relationships and deep understanding of the battery value chain will quickly position Heritage Battery Recycling as a market leader in North America.”

“I was thrilled to be asked to join the team and launch Heritage Battery Recycling,” said Shane Thompson. “We’ve reached an inflection point in the electrification of vehicles across North America – and as those spent battery units move to recycling or reuse opportunities, Heritage Battery Recycling will be ready to meet the demand.”

About Heritage Environmental Services, Inc.

Heritage Environmental Services is a privately held, family-owned environmental services business with more than 1,600 employees across North and Central America. The company provides a full suite of tailored solutions from emergency response, waste disposal, and sustainability services to on-site support and technical solutions to thousands of customers in hundreds of industries and verticals. Throughout its 50-year history, Heritage Environmental Services has prioritized the safety of its employees while pursuing its purpose of protecting human health and the environment.

About Heritage-Crystal Clean, Inc.

Heritage-Crystal Clean, Inc. provides parts cleaning, used oil re-refining, and hazardous and non-hazardous waste services primarily to small and mid-sized customers in the vehicle maintenance sector as well as manufacturers and other industrial businesses. Our service programs include parts cleaning, containerized waste management, used oil collection and re-refining, vacuum truck services, waste antifreeze collection, recycling and product sales, and field services. These services help our customers manage their used chemicals and liquid and solid wastes, while also helping to minimize their regulatory burdens. Our customers include businesses involved in vehicle maintenance operations, such as car dealerships, automotive repair shops, and trucking firms, as well as small-to-medium sized manufacturers, such as metal product fabricators and printers, and other industrial businesses. Through our used oil re-refining program, we recycle used oil into high quality lubricating base oil, and we are a supplier to firms that produce and market finished lubricants. Through our antifreeze program we recycle spent antifreeze and produce a full line of virgin-quality antifreeze products. Heritage-Crystal Clean, Inc. is headquartered in Elgin, Illinois, and operates through 89 branches serving approximately 91,000 customer locations.

About Romeo Power, Inc.

Founded in 2016 and headquartered in Los Angeles, California, Romeo Power (NYSE: RMO) is an energy technology leader delivering large-scale electrification solutions for complex commercial applications. The company’s suite of advanced hardware, combined with its innovative battery management system, delivers the safety, performance, reliability and configurability its customers need to succeed. Romeo Power’s 113,000 square-foot manufacturing facility brings its flexible design and development process inhouse to pack the most energy dense modules on the market. To keep up with everything Romeo Power, please follow the company on social @romeopowerinc or visit www.romeopower.com.

 

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Heritage-Crystal Clean, Inc. Safe Harbor Statement

This release contains forward-looking statements that are based upon current management expectations. Generally, the words “aim,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,” “should,” “will be,” “will continue,” “will likely result,” “would” and similar expressions identify forward-looking statements. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements or industry results to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements. These risks, uncertainties and other important factors include, among others: developments in the COVID-19 pandemic and the resulting impact on our business and operations, future financial and operating results, future disclosures of historical financial and operating results, general economic conditions and downturns in the business cycles of automotive repair shops, industrial manufacturing businesses and small businesses in general; increased solvent, fuel and energy costs and volatility in the price of crude oil, the selling price of lubricating base oil, solvent, fuel, energy, and commodity costs; our ability to successfully integrate businesses we acquire; our ability to enforce our rights under the FCC Environmental purchase agreement; our ability to pay our debt when due and comply with our debt covenants; our ability to successfully operate our used oil re-refinery and to cost effectively collect or purchase used oil or generate operating results; increased market supply or decreased demand for base oil; further consolidation and/or declines in the United States automotive repair and manufacturing industries; the impact of extensive environmental, health and safety and employment laws and regulations on our business; legislative or regulatory requirements or changes adversely affecting our business; competition in the industrial and hazardous waste services industries and from other used oil processing facilities including other re-refineries; claims and involuntary shutdowns relating to our handling of hazardous substances; the value of our used solvents and oil inventory, which may fluctuate significantly; our dependency on key employees; our level of indebtedness, which could affect our ability to fulfill our obligations, impede the implementation of our strategy, and expose us to interest rate risk; our ability to effectively manage our extended network of branch locations; the control of The Heritage Group over the Company; and the risks identified in our Annual Report on Form 10-K filed with the SEC on March 3, 2020 and subsequent filings with the SEC. Given these uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. We assume no obligation to update or revise them or provide reasons why actual results may differ. The information in this release should be read in light of such risks and in conjunction with the consolidated financial statements and the notes thereto included elsewhere in this release.

Heritage Environmental Services and Romeo Power Launch Commercial Fleet Electrification Program

LOS ANGELES, CA (January 4, 2021) – Heritage Environmental Services, Inc. (“HES”), a leader in environmental and recycling services, and Romeo Power, Inc. (“Romeo Power”) (NYSE: RMO), an energy technology leader delivering large-scale electrification solutions for complex commercial applications, announced today that they have launched a program to select fleet electrification partners to execute on HES’s fleet electrification strategy. HES and Romeo Power intend to select leading edge commercial Battery Electric Vehicle (BEV) value chain participants such as Original Equipment Manufacturers (OEMs), integrators and ePowertrain providers, to participate in the program. The goal is to enter into long-term production partnerships with program participants that deliver the best solution for Heritage’s requirements. All participants will be required to utilize Romeo Power’s energy technology and battery management system in their vehicle offerings.

HES and its affiliates intend to purchase 500 BEVs for fleet implementation between 2022 and 2025, with the ultimate goal of electrifying up to 2,000 trucks over time. The program will commence with the selection of partners in Q1 2021 with the expectation that HES will begin to take vehicle deliveries during 2022.

In addition, US Ecology Inc. (NASDAQ-GS: ECOL), a leading provider of environmental services also agreed to participate as an observer to the Heritage – Romeo Power fleet electrification program. The program’s key performance metrics will be shared with US Ecology as they consider electrification solutions for their fleet of 1,100 trucks.

“The launch of our fleet electrification program with Romeo Power marks an important step in our fleet electrification strategy as we seek to find the safest, most reliable, efficient and greenest solution,” commented Jeff Laborsky, President and CEO of HES.

“We are appreciative of HES’s continued commitment to collaborate with Romeo Power in a variety of ways, and we look forward to leveraging our battery expertise to identify the optimal partners for all aspects of their electrification initiatives,” remarked Lionel Selwood, Jr., Chief Executive Officer of Romeo Power.

“We are honored to have been invited to participate in this innovative program. US Ecology operates a fleet of over 1,100 trucks, creating a significant opportunity to reduce our carbon footprint. We look forward to assessing this technology and analyzing the results of this exciting study as we evaluate how US Ecology can reduce greenhouse gas emissions and environmental impacts from our operations,” remarked Simon Bell, Executive Vice President and Chief Operating Officer of US Ecology.

Through its industry-leading technology and energy dense battery packs, Romeo Power enables large-scale sustainable transportation by delivering safer, longer lasting batteries with extended range and shorter charge times. The company has a 7 GWh-capable manufacturing facility in Los Angeles, California. Romeo Power’s immediate mission is to electrify the entire industrial transportation sector. Its core product offering is focused on the battery electric vehicle medium-duty, short haul and heavy-duty, long haul trucking markets.

About Romeo Power, Inc.
Founded in 2016 and headquartered in Los Angeles, California, Romeo Power (NYSE: RMO) is an energy technology leader delivering large-scale electrification solutions for complex commercial applications. The company’s suite of advanced hardware, combined with its innovative battery management system, delivers the safety, performance, reliability and configurability its customers need to succeed. Romeo Power’s 113,000 square-foot manufacturing facility brings its flexible design and development process inhouse to pack the most energy dense modules on the market. To keep up with everything Romeo Power, please follow the company on social @romeopowerinc or visit www.romeopower.com.

About Heritage Environmental Services, Inc.
Heritage Environmental Services is a privately held, family-owned environmental services business with more than 1,600 employees across North and Central America. The company provides a full suite of tailored solutions from emergency response, waste disposal, and sustainability services to on-site support and technical solutions to thousands of customers in hundreds of industries and verticals. Throughout its 50-year history, Heritage Environmental Services has prioritized the safety of its employees while pursuing its purpose of protecting human health and the environment.

About US Ecology Inc.
US Ecology, Inc. (NASDAQ-GS: ECOL) is a leading provider of environmental services to commercial and government entities. The company addresses the complex waste management and response needs of its customers offering treatment, disposal and recycling of hazardous, non-hazardous and radioactive waste, leading emergency response and standby services, and a wide range of complementary field and industrial services.

Supporting Hurricane Dorian Relief Efforts

Hurricane Dorian was one of the strongest hurricanes to ever make landfall, hitting the Bahamas on September 1st as a category 5 storm with top winds of 185 mph. It lingered for several days before moving up the east coast, leaving 70,000 people homeless, 43 dead, and thousands of others without access to food, water, electricity or healthcare.

Courtesy of the American Red Cross

The American Red Cross has deployed four disaster response specialists to support communications, assessments, and planning in the Bahamas, in addition to volunteers and supplies, and has committed $2 million to support relief efforts. In the US, they have been coordinating the arrival and care for evacuees coming from the Bahamas.

As leading environmental experts in Emergency Response services, we understand the complex challenge of helping communities recover from disaster situations. Before clean-up efforts can begin, the immediate focus must be on safe shelter, food and clean water for the thousands impacted by Hurricane Dorian.  As a salute to the first responders, who marched bravely to the Bahamas and the mid-Atlantic states, Heritage donated $10,000 to the American Red Cross to help fund the most urgent needs of the communities effected by Hurricane Dorian.  Angie Martin, Vice President and Emergency Response Lead, said “Heritage is pleased to support the Red Cross during the Dorian response.  The Red Cross is always first on the scene and stays until the job is done.”

“I am deeply grateful for Heritage’s gift to the American Red Cross for Hurricane Dorian relief. Your passionate commitment will enable American Red Cross volunteers to stand with those and provide ongoing assistance as the survivors begin to face many challenges of recovery,” said Meg Ahlering, regional philanthropy officer for the Red Cross.

If you would like to support relief efforts for Hurricane Dorian, please visit redcross.org to donate.

About Heritage Environmental Services

Heritage Environmental Services is a privately held, family-owned business headquartered in Indianapolis with more than 1,600 employees across North and Central America. We provide a full suite of tailored solutions – from emergency response, waste disposal, and sustainability services to on-site support and technical solutions – to thousands of customers in hundreds of industries and verticals. Throughout our 50-year history, Heritage Environmental Services has prioritized the safety of our employees while pursuing our purpose of protecting human health and the environment.

Heritage Partners with Timmy Global Health on Water Purification Project in Guatemala

Timmy Global Health is an international NGO based in Indianapolis, IN with a mission to improve healthcare access to underserved populations at home and abroad.  They partner with healthcare clinics in 11 communities across four countries. When central Guatemala’s Volcán de Fuego erupted in June 2018, two of these communities sustained serious damage.

As news of the eruption’s devastating impact was shared around the world, Heritage Environmental Services got in touch with Timmy to ask how we could help. An immediate need for clean water was identified. As leaders in wastewater treatment services, Heritage understands the fundamental role clean water plays in maintaining safe environments and healthy communities.

In partnership with Clean Water for the World, a Kalamazoo-based non-profit with a mission to provide simple, adaptable water purification systems to communities without access to potable water, Heritage funded a grant to install water purification systems in both Timmy communities impacted by the eruption. The grant mandated oversight of the water purification systems by local community boards made up of mothers, schoolteachers and others who would ensure equitable access.

Guatemalan women gets water from a newly installed water purification system
A resident of one of the Guatemalan communities, using a newly purified water tap.

“Heritage’s support to Timmy, and the communities they serve, demonstrates our commitment to health and wellness not just within our organization, but to communities near and far,” said Jeff Laborsky, CEO of Heritage Environmental Services.

“This partnership between Timmy, Heritage, and our local partner 32 Volcanos shows the power of creating international cross sector relationships.  After recently visiting Guatemala and seeing the impact of the system firsthand, it is clear that this system will provide clean water to the community for years to come,”  said Nick Reich, Executive Director of Timmy Global Health.

About Timmy Global Health

Timmy Global Health expands access to healthcare and empowers students and volunteers to tackle today’s most pressing global health challenges. To achieve this goal, Timmy sends medical service teams to support the work of international partner organizations, channels financial, medical, and human resources to community based health and development projects in the developing world, and empowers students to fundraise, advocate and serve in an effort to fight health disparities at home and abroad.

About Heritage Environmental Services

Heritage Environmental Services is a privately held, family-owned business headquartered in Indianapolis with more than 1,600 employees across North and Central America. Heritage provides a full suite of tailored solutions – from emergency response, waste disposal, and sustainability services to on-site support and technical solutions – to thousands of customers in hundreds of industries and verticals. Throughout its 50-year history, Heritage has prioritized the safety of its employees while pursuing its purpose of protecting human health and the environment.