In 2023, China Merchants Bank 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 - 2017 |
|---|---|---|---|---|
Total Waste Generated | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Waste Recovered | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Hazardous Waste Generated | 0000000 | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Non-Hazardous Waste Disposed | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
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In 2023, China Merchants Bank generated a total of 2,472 metric tonnes of waste.a
Of this amount, 2.51% of China Merchants Bank'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.97.49% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2021, China Merchants Bank's total waste generation decreased by 43.69%, with an additional 47.85% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.a
Overall, China Merchants Bank'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