In 2023, Bank of Ayudhya 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 | 262.553a | 170.195a | 205.7a | |
Total Waste Recovered | N/A | N/A | N/A | |
Total Hazardous Waste Generated | 1.492a | 4.192a | 0.869a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Bank of Ayudhya generated a total of 263 metric tonnes of waste.a
Of this amount, 0.57% of Bank of Ayudhya'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.99.43% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2021, Bank of Ayudhya's total waste generation increased by 27.64%, including a 54.27% 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, Bank of Ayudhya saw a long-term increase of 34.52% in hazardous waste share, but a 76.94% reduction in 2023, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls.a
Overall, Bank of Ayudhya's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.a