Gjensidige Forsikring ASA

Common Name
Gjensidige Forsikring
Country
Norway
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
4,727
Ticker
GJF
Exchange
OSLO BORS
Description
Gjensidige Forsikring ASA is a prominent general insurance company headquartered in Oslo, Norway, serving the Nordic and Baltic regions. Established in its earliest form in 1816, the company has evolv...

Gjensidige Forsikring Waste Data Preview

In 2023, Gjensidige Forsikring 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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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Gjensidige Forsikring’s Waste Management Data

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a. Gjensidige Forsikring's Annual Report 2023
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Insights into Gjensidige Forsikring's Waste Treatment Practices

In 2023, Gjensidige Forsikring generated a total of 21,055 metric tonnes of waste. a

Of this amount, 94.21% of Gjensidige Forsikring's total waste generated was recovered through methods such as recycling, reuse, or composting, while 5.79% was disposed of through landfilling, incineration, or combustion. a

Gjensidige Forsikring's Waste Recovery Rate

94%

How much of Gjensidige Forsikring's waste is recycled or recovered?

In 2023, Gjensidige Forsikring reported a total waste generation of 21,055 metric tonnes, of which 94.21% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Gjensidige Forsikring has implemented strong circular economy practices and actively prioritizes sustainable waste management. a

Has Gjensidige Forsikring reduced its environmental waste footprint over time?

Since 2019, Gjensidige Forsikring's total waste generation remained relatively flat, but increased by 3.53% in 2023, potentially signaling a short-term operational expansion or reduced focus on waste prevention. a

Over the same period, Gjensidige Forsikring's waste recovery rate declined by 3.21%, and then remained stable in 2023, possibly indicating that earlier setbacks have leveled off without signs of active improvement. a

Overall, Gjensidige Forsikring’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.

Gjensidige Forsikring’s Waste Recovery vs. Disposal Over Time

2019202020212022202306 k12 k18 k24 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Gjensidige Forsikring’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Gjensidige Forsikring generated a total of 21,055 metric tonnes of waste. a

Of this amount, 8.01% of Gjensidige Forsikring'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. 91.99% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Gjensidige Forsikring’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202306 k12 k18 k24 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Gjensidige Forsikring reduced the environmental impact of its waste?

Since 2019, Gjensidige Forsikring's total waste generation remained relatively stable, but increased by 3.53% in 2023, potentially indicating a short-term uptick in output or weakened controls over material efficiency. a

Over the same period, the share of hazardous waste in Gjensidige Forsikring's total output increased by 189.05%, including a further 7.07% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks. a

Overall, Gjensidige Forsikring'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. a

How does Gjensidige Forsikring treat its hazardous waste?

In 2023, Gjensidige Forsikring reported that 1,686 metric tonnes of its total waste output were classified as hazardous. This represents 8.01% of its overall waste generation. a

The company treated this hazardous waste using a combination of methods. Approximately 33.69% 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 Gjensidige Forsikring's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(5.3%)Non-Hazardous WasteRecovered(91.5%)
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