In 2024, 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 23,370a | 21,842a | 22,925a | |
Total Waste Recovered | 10,574a | 10,039a | 10,418a | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | 12,797a | 11,803a | 12,507a |
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In 2024, First Capital REIT generated a total of 23,370metric tonnes of waste.a
Of this amount, 45.25% of First Capital REIT's total waste generated was recovered through methods such as recycling, reuse, or composting, while 54.76% was disposed of through landfilling, incineration, or combustion.a
In 2024, First Capital REIT reported a total waste generation of 23,370 metric tonnes, of which 45.25% 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 remained relatively flat, but increased by 7% in 2024, potentially signaling a short-term operational expansion or reduced focus on waste prevention.a
Over the same period, First Capital REIT's waste recovery rate increased by 1.09%, but declined by 1.56% in 2024, potentially signaling volatility in waste treatment processes or shifting priorities in waste management.a
Overall, First Capital REIT’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.