Bank of East Asia Ltd

Common Name
Bank of East Asia
Country
Hong Kong
Sector
Financial Services
Industry
Banks - Regional
Employees
7,880
Ticker
23
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, ...

Bank of East Asia Waste Data Preview

In 2023, Bank of East Asia 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)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Bank of East Asia's Waste Treatment Practices

In 2023, Bank of East Asia generated a total of 577 metric tonnes of waste.

Of this amount, 56.88% of Bank of East Asia's total waste generated was recovered through methods such as recycling, reuse, or composting, while 43.12% was disposed of through landfilling, incineration, or combustion.

Bank of East Asia's Waste Recovery Rate

57%

How much of Bank of East Asia's waste is recycled or recovered?

In 2023, Bank of East Asia reported a total waste generation of 577 metric tonnes, of which 56.88% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Bank of East Asia is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Bank of East Asia reduced its environmental waste footprint over time?

Since 2021, Bank of East Asia's total waste generation decreased by 18.84%, and remained stable in 2023, which may indicate a new baseline following earlier reductions in waste output.

Over the same period, Bank of East Asia's waste recovery rate declined by 5.88%, yet improved by 4.21% in 2023, pointing to a recent rebound or renewed focus on better waste treatment outcomes.

Overall, Bank of East Asia’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Bank of East Asia’s Waste Recovery vs. Disposal Over Time

2021202220230200400600800tonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Bank of East Asia’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Bank of East Asia generated a total of 577 metric tonnes of waste.

Of this amount, 0.03% of Bank of East Asia'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. 99.97% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Bank of East Asia’s Hazardous vs Non-Hazardous Waste Over Time

2021202220230200400600800tonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Bank of East Asia reduced the environmental impact of its waste?

Since 2021, Bank of East Asia's total waste generation decreased by 18.84%, and remained stable in 2023, signaling a plateau following previous reductions that may mark a new waste baseline.

Over the same period, Bank of East Asia reduced the hazardousness of its waste by 21.97%, with a further 51.16% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.

Overall, Bank of East Asia'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.

How does Bank of East Asia treat its hazardous waste?

In 2023, Bank of East Asia reported that 0 metric tonnes of its total waste output were classified as hazardous. This represents 0.03% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (100%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Bank of East Asia has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of Bank of East Asia's Hazardous and Non-Hazardous Waste by Treatment Method

Non-Hazardous WasteDisposed(43.1%)Non-Hazardous WasteRecovered(56.8%)
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