China Taiping Insurance Holdings Co Ltd

Common Name
China Taiping
Country
Hong Kong
Sector
Financial Services
Industry
Insurance - Life
Employees
62,266
Ticker
966
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
China Taiping Insurance Holdings Company Limited, an investment holding company, underwrites various insurance and reinsurance products in the People's Republic of China, Hong Kong, Macau, Singapore, ...

China Taiping Waste Data Preview

In 2023, China Taiping 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)2023202220212020 - 2017
Total Waste Generated
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a
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a
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a
0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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a
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a
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a
0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind China Taiping’s Waste Management Data

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a. China Taiping's ESG Report 2023
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Insights into China Taiping’s Generation of Hazardous and Non-Hazardous Waste

In 2023, China Taiping generated a total of 45 metric tonnes of waste. a

Of this amount, 4.68% of China Taiping'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. 95.32% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

China Taiping’s Hazardous vs Non-Hazardous Waste Over Time

20212022202306501.3 k1.95 k2.6 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How China Taiping reduced the environmental impact of its waste?

Since 2021, China Taiping's total waste generation decreased by 98.26%, with an additional 63.27% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source. a

Over the same period, China Taiping saw a long-term increase of 487.56% in hazardous waste share, but a 30.52% reduction in 2023, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls. a

Overall, while China Taiping is generating less waste and has made recent gains in reducing hazardousness, the long-term increase in harmful materials still casts doubt on the sustainability of its waste stream. a

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