In 2023, Avanza Bank Holding conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 65.512a | 42.48a | 44.52a | |
Total Waste Recovered | 17.129a | 31.26a | 20.97a | |
Total Hazardous Waste Generated | 0.478a | 0.927a | 0.57a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Avanza Bank Holding generated a total of 66metric tonnes of waste.a
Of this amount, 26.15% of Avanza Bank Holding's total waste generated was recovered through methods such as recycling, reuse, or composting, while 73.85% was disposed of through landfilling, incineration, or combustion.a
In 2023, Avanza Bank Holding reported a total waste generation of 66 metric tonnes, of which 26.15% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Avanza Bank Holding is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2021, Avanza Bank Holding's total waste generation increased by 47.15%, including a 54.22%increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.a
Over the same period, Avanza Bank Holding's waste recovery rate declined by 44.49%, with a further 64.47% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, Avanza Bank Holding is generating more waste while simultaneously backsliding on recovery efforts, both in the short and long term. This dual negative trend raises concerns about the company’s waste management priorities and its alignment with sustainability goals.
In 2023, Avanza Bank Holding generated a total of 66 metric tonnes of waste.a
Of this amount, 0.73% of Avanza Bank Holding's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.25.42% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.The remaining 73.85% was either treated using unspecified methods or not clearly categorized.a
Since 2021, Avanza Bank Holding's total waste generation increased by 47.15%, including a 54.22% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.a
Over the same period, Avanza Bank Holding reduced the hazardousness of its waste by 43.01%, with a further 66.56% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.a
Overall, Avanza Bank Holding is generating more waste but has significantly reduced the share of hazardous materials, suggesting a partial decoupling of volume and toxicity that could reflect more responsible inputs or enhanced treatment.a