In 2023, First Capital REIT 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 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 21,842a | 22,925a | 22,274a | |
Total Waste Recovered | 10,039a | 10,418a | 10,149a | |
Total Hazardous Waste Generated | N/A | N/A | 1a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, First Capital REIT generated a total of 21,842metric tonnes of waste.a
Of this amount, 45.96% of First Capital REIT's total waste generated was recovered through methods such as recycling, reuse, or composting, while 54.04% was disposed of through landfilling, incineration, or combustion.a
In 2023, First Capital REIT reported a total waste generation of 21,842 metric tonnes, of which 45.96% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that First Capital REIT is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2019, First Capital REIT's total waste generation decreased by 6.16%, including a further 4.72% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.a
Over the same period, First Capital REIT's waste recovery rate increased by 2.69%, including a 1.14% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.a
Overall, First Capital REIT has made measurable progress in reducing its waste generation while strengthening recovery systems. This dual improvement indicates a mature and proactive approach to environmental performance.