Hang Seng Bank Ltd

Common Name
Hang Seng Bank
Country
Hong Kong
Sector
Financial Services
Industry
Banks - Regional
Employees
8,143
Ticker
11
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, and small and medium sized enterprise customers in...

Hang Seng Bank Waste Data Preview

In 2023, Hang Seng Bank 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 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
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0000000
Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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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 Hang Seng Bank's Waste Treatment Practices

In 2023, Hang Seng Bank generated a total of 422 metric tonnes of waste.

Of this amount, 52.7% of Hang Seng Bank's total waste generated was recovered through methods such as recycling, reuse, or composting, while 47.3% was disposed of through landfilling, incineration, or combustion.

Hang Seng Bank's Waste Recovery Rate

53%

How much of Hang Seng Bank's waste is recycled or recovered?

In 2023, Hang Seng Bank reported a total waste generation of 422 metric tonnes, of which 52.7% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Hang Seng Bank is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Hang Seng Bank reduced its environmental waste footprint over time?

Since 2020, Hang Seng Bank's total waste generation decreased by 60.87%, including a further 20.71% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Hang Seng Bank's waste recovery rate remained relatively flat, but declined by 11.67% in 2023, potentially pointing to emerging inefficiencies or short-term disruptions in recovery efforts.

Overall, Hang Seng Bank’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.

Hang Seng Bank’s Waste Recovery vs. Disposal Over Time

202020212022202303006009001.2 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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