Edwards Lifesciences Corp

Common Name
Edwards Lifesciences
Country
United States
Sector
Healthcare
Industry
Medical Devices
Employees
15,800
Ticker
EW
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Edwards Lifesciences Corporation is a leading healthcare company primarily known for its innovative medical devices focused on cardiovascular conditions. The firm's primary function revolves around th...

Edwards Lifesciences Waste Data Preview

In 2023, Edwards Lifesciences 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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0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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Verified Sources Behind Edwards Lifesciences’s Waste Management Data

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a. Edwards Lifesciences's ESG Data Spreadsheet 2023
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Insights into Edwards Lifesciences's Waste Treatment Practices

In 2023, Edwards Lifesciences generated a total of 5,612 metric tonnes of waste. a

Of this amount, 43.6% of Edwards Lifesciences's total waste generated was recovered through methods such as recycling, reuse, or composting, while 56.38% was disposed of through landfilling, incineration, or combustion. a

Edwards Lifesciences's Waste Recovery Rate

44%

How much of Edwards Lifesciences's waste is recycled or recovered?

In 2023, Edwards Lifesciences reported a total waste generation of 5,612 metric tonnes, of which 43.6% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Edwards Lifesciences is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts. a

Has Edwards Lifesciences reduced its environmental waste footprint over time?

Since 2018, Edwards Lifesciences's total waste generation increased by 40.3%, including a 10.52% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices. a

Over the same period, Edwards Lifesciences's waste recovery rate increased by 40.09%, including a 3.51% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal. a

Overall, Edwards Lifesciences has seen a consistent rise in waste generation both over the long term and in the year 2023. However, the company has also steadily improved its waste recovery performance, suggesting that it is actively working to offset the environmental consequences of increased production through enhanced circularity efforts.

Edwards Lifesciences’s Waste Recovery vs. Disposal Over Time

20182019202020212022202301.5 k3 k4.5 k6 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Edwards Lifesciences’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Edwards Lifesciences generated a total of 5,612 metric tonnes of waste. a

Of this amount, 33% of Edwards Lifesciences'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. 67% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Edwards Lifesciences’s Hazardous vs Non-Hazardous Waste Over Time

20182019202020212022202301.5 k3 k4.5 k6 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Edwards Lifesciences reduced the environmental impact of its waste?

Since 2018, Edwards Lifesciences's total waste generation increased by 40.3%, including a 10.52% 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, the share of hazardous waste in Edwards Lifesciences's total output increased by 30.31%, including a further 3.12% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks. a

Overall, Edwards Lifesciences has seen a continuous rise in both total waste and hazardous waste over time, signaling a worsening environmental impact that may require urgent reassessment of material sourcing, production processes, or waste mitigation strategies. a

How does Edwards Lifesciences treat its hazardous waste?

In 2023, Edwards Lifesciences reported that 1,852 metric tonnes of its total waste output were classified as hazardous. This represents 33% of its overall waste generation. a

The company treated this hazardous waste using a combination of methods. Approximately 41.47% was managed through recovery methods, indicating a moderate integration of circular practices into its hazardous waste management. However, a significant share was still directed toward disposal, highlighting room for improvement in reducing the long-term impact of hazardous materials. a

Breakdown of Edwards Lifesciences's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(19.3%)Hazardous WasteRecovered(13.7%)Non-Hazardous WasteDisposed(37.1%)Non-Hazardous WasteRecovered(29.9%)
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