RecycleSmart Ranks No. 25 on the 2019 Growth 500
Canadian Business unveils annual list of Canada’s Fastest-Growing Companies
RICHMOND, B.C (September 12, 2019) – Today RecycleSmart places 25th on Canadian Business and Maclean’s annual Growth 500, the definitive ranking of Canada’s Fastest-Growing Companies. This also positions RecycleSmart as
No. 1 in industrial services, and the 4th Fastest-Growing Company in Metro Vancouver. Produced by premier business and current affairs media brands, the Growth 500 ranks Canadian businesses on five-year revenue growth.
RecycleSmart is Canada’s leading smart waste services provider, using data and technology to make waste management more sustainable and cost less. RecycleSmart made the 2019 Growth 500—the third year in a row the company has earned a top 30 spot—by posting 2,822% five-year revenue growth. The company has maintained its position as one of the country’s most exciting and rapidly expanding corporations by exponentially increasing annual revenue since its founding in 2008, including recent double-digit growth.
RecycleSmart disrupts the traditional waste management industry by using innovative technology solutions, big data and real-time insights to analyze all aspects of a recycling program. They help clients meet financial, environmental and operational goals—including diverting almost a third (30%) of waste from landfills and a guaranteed minimum 10% cost savings for customers. State-of-the-art Internet of Things (IoT) sensors use optical, ultrasonic and energy monitoring technologies to collect data, while in-market field techs deploy the sensors, maintain the technology and provide on-site waste audits.
Fuelling this year’s record-setting growth is RecycleSmart’s ongoing Ontario market penetration and rapid expansion in Quebec, bolstered by several new technology innovations that further enhance the efficacy, accuracy and convenience of the service.
“RecycleSmart is honoured to be recognized on the Growth 500 list, ranking in the top 30 for the third year in a row,” says Jaclyn McPhadden, Co-Founder and Chief Administrative Officer, RecycleSmart. “This award, and the company’s ongoing growth, is a testament to our team’s hard work and dedication. And, it demonstrates that RecycleSmart is filling a crucial gap in the waste management industry—providing an innovative technology solution that reduces waste, increases recycling content and saves our clients valuable time and money.”
“The companies on the 2019 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today,” says Beth Fraser, Growth 500 program manager. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that entrepreneurship is healthier than ever in this country.”
Growth 500 winners are profiled in a special print issue of Canadian Business published with Maclean’s magazine and online at CanadianBusiness.com and
About the Growth 500
For over 30 years, the Growth 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the Growth 500 profiles the country’s most successful growing businesses. The Growth 500 is produced by Canadian Business. Winners are profiled in a special Growth 500 print issue of Canadian Business (packaged with the October issue of Maclean’s magazine) and online at Growth500.ca and CanadianBusiness.com. For more information on the ranking, visit Growth500.ca.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.
RecycleSmart is Canada’s largest provider of smart waste diversion, organic capture, and recycling management ideas to all of Canada’s shop, eat, rest, learn, work, and fun places. Applying a 360 approach, RecycleSmart is the single source partner for companies that want to maximize cost reduction, increase waste diversion and streamline daily operations. The company has built trusted relationships with suppliers and deploys proprietary duo-technology and analytics to reduce costs and increase environmental stewardship. Customers include proud local independents, to Fortune 500 companies. For more information, visit www.recycle-smart.com.
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