In 2024, Chow Tai Fook Jewellery Group 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 668a | 652a | 1,119a | |
Total Waste Recovered | N/A | N/A | N/A | |
Total Hazardous Waste Generated | 213a | 171a | 265a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2024, Chow Tai Fook Jewellery Group generated a total of 668 metric tonnes of waste.a
Of this amount, 31.89% of Chow Tai Fook Jewellery Group'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.68.11% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2022, Chow Tai Fook Jewellery Group's total waste generation fell by 40.3%, but rose by 2.45% in 2024, potentially reflecting a temporary surge in activity or inconsistency in waste control strategies.a
Over the same period, the share of hazardous waste in Chow Tai Fook Jewellery Group's total output increased by 34.64%, including a further 21.58% rise in 2024, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.a
Overall, Chow Tai Fook Jewellery Group had previously reduced its waste generation, but recent increases in both volume and hazardousness suggest potential reversals or emerging operational risks that warrant further investigation.a