Great-West Lifeco Inc

Common Name
Great-West Lifeco
Country
Canada
Sector
Financial Services
Industry
Insurance - Life
Employees
33,250
Ticker
GWO
Exchange
TORONTO STOCK EXCHANGE
Description
Great-West Lifeco Inc. is a prominent financial services holding company primarily focused on life insurance products, retirement savings, and investment funds. Operating as a part of the Power Corpor...

Great-West Lifeco Waste Data Preview

In 2023, Great-West Lifeco 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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0000000
Total Waste Recovered
0000000
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0000000
Total Hazardous Waste Generated
0000000
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Non-Hazardous Waste Disposed
0000000
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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 Great-West Lifeco's Waste Treatment Practices

In 2023, Great-West Lifeco generated a total of 9,894 metric tonnes of waste.

Of this amount, 96.01% of Great-West Lifeco's total waste generated was recovered through methods such as recycling, reuse, or composting, while 3.99% was disposed of through landfilling, incineration, or combustion.

Great-West Lifeco's Waste Recovery Rate

96%

How much of Great-West Lifeco's waste is recycled or recovered?

In 2023, Great-West Lifeco reported a total waste generation of 9,894 metric tonnes, of which 96.01% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Great-West Lifeco has implemented strong circular economy practices and actively prioritizes sustainable waste management.

Has Great-West Lifeco reduced its environmental waste footprint over time?

Since 2021, Great-West Lifeco's total waste generation increased by 1,582.65%, including a 1,626.7% 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.

Over the same period, Great-West Lifeco's waste recovery rate increased by 218.94%, including a 243.83% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.

Overall, Great-West Lifeco 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.

Great-West Lifeco’s Waste Recovery vs. Disposal Over Time

20212022202302.5 k5 k7.5 k10 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Great-West Lifeco’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Great-West Lifeco generated a total of 9,894 metric tonnes of waste.

Of this amount, 96.01% of Great-West Lifeco'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. 3.99% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Great-West Lifeco’s Hazardous vs Non-Hazardous Waste Over Time

20212022202302.5 k5 k7.5 k10 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Great-West Lifeco reduced the environmental impact of its waste?

Since 2021, Great-West Lifeco's total waste generation increased by 1,582.65%, including a 1,626.7% 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.

Over the same period, the share of hazardous waste in Great-West Lifeco's total output increased by 218.94%, including a further 243.83% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, Great-West Lifeco 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.

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