In 2023, GS Holdings 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 | 324,498a | 296,667a | 269,435a | |
Total Waste Recovered | 264,733a | 237,048a | 220,108a | |
Total Hazardous Waste Generated | 15,306a | 14,392a | 17,546a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, GS Holdings generated a total of 324,498metric tonnes of waste.a
Of this amount, 81.58% of GS Holdings's total waste generated was recovered through methods such as recycling, reuse, or composting, while 3.97% was disposed of through landfilling, incineration, or combustion.The remaining 14.45% was either treated using unspecified methods or not clearly categorized.a
In 2023, GS Holdings reported a total waste generation of 324,498 metric tonnes, of which 81.58% was recovered through recycling, reuse, or composting.This high recovery rate suggests that GS Holdings has implemented strong circular economy practices and actively prioritizes sustainable waste management.a
Since 2021, GS Holdings's total waste generation increased by 20.44%, including a 9.38%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.a
Over the same period, GS Holdings's waste recovery rate remained relatively flat, but increased by 2.1% in 2023, hinting at early momentum toward stronger circularity practices or more robust waste treatment reporting.a
Overall, GS Holdings’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.
In 2023, GS Holdings generated a total of 324,498 metric tonnes of waste.a
Of this amount, 4.72% of GS Holdings'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.95.27% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2021, GS Holdings's total waste generation increased by 20.44%, including a 9.38% 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.a
Over the same period, GS Holdings reduced the hazardousness of its waste by 27.57%, with a further 2.77% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.a
Overall, GS Holdings is generating more waste but has significantly reduced the share of hazardous materials, suggesting a partial decoupling of volume and toxicity that could reflect more responsible inputs or enhanced treatment.a