Far Eastern New Century Corp

Common Name
Far Eastern New Century
Country
Taiwan
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Employees
N/A
Ticker
1402
Exchange
TAIWAN STOCK EXCHANGE
Description
Far Eastern New Century Corporation is a diversified conglomerate based in Taiwan, primarily engaged in the polyester and textile industries. The company's core activities encompass the production and...

Far Eastern New Century Waste Data Preview

In 2023, Far Eastern New Century 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 Far Eastern New Century's Waste Treatment Practices

In 2023, Far Eastern New Century generated a total of 109,092 metric tonnes of waste.

Of this amount, 84% of Far Eastern New Century's total waste generated was recovered through methods such as recycling, reuse, or composting, while 16% was disposed of through landfilling, incineration, or combustion.

Far Eastern New Century's Waste Recovery Rate

84%

How much of Far Eastern New Century's waste is recycled or recovered?

In 2023, Far Eastern New Century reported a total waste generation of 109,092 metric tonnes, of which 84% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Far Eastern New Century has implemented strong circular economy practices and actively prioritizes sustainable waste management.

Has Far Eastern New Century reduced its environmental waste footprint over time?

Since 2020, Far Eastern New Century's total waste generation decreased by 36.86%, including a further 42.65% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Far Eastern New Century's waste recovery rate declined by 2.95%, with a further 8.44% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.

Overall, while Far Eastern New Century has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.

Far Eastern New Century’s Waste Recovery vs. Disposal Over Time

2020202120222023055 k110 k165 k220 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Far Eastern New Century’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Far Eastern New Century generated a total of 109,092 metric tonnes of waste.

Of this amount, 11.44% of Far Eastern New Century'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. 88.56% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Far Eastern New Century’s Hazardous vs Non-Hazardous Waste Over Time

2020202120222023055 k110 k165 k220 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Far Eastern New Century reduced the environmental impact of its waste?

Since 2020, Far Eastern New Century's total waste generation decreased by 36.86%, with an additional 42.65% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Over the same period, the share of hazardous waste in Far Eastern New Century's total output increased by 14.14%, including a further 79.31% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, Far Eastern New Century'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 Far Eastern New Century treat its hazardous waste?

In 2023, Far Eastern New Century reported that 12,484 metric tonnes of its total waste output were classified as hazardous. This represents 11.44% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (87.2%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Far Eastern New Century has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of Far Eastern New Century's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteRecovered(10.0%)Non-Hazardous WasteDisposed(14.5%)Non-Hazardous WasteRecovered(74.0%)
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