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Hanover Insurance Group Inc

Common Name
Hanover Insurance Group
Country
United States
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
4,900
Ticker
THG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Hanover Insurance Group, Inc. is a prominent player in the insurance industry, providing a diverse range of property and casualty insurance products across the United States. Primarily focused on deli...

Hanover Insurance Group's Waste Data Preview

In 2022, Hanover Insurance Group 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)2022202120202019
Total Waste Generated
319a
289a
373a
Total Waste Recovered
209a
198a
254a
Total Hazardous Waste Generated
N/AN/AN/A
Non-Hazardous Waste Disposed
N/AN/AN/A
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Verified Sources Behind Hanover Insurance Group’s Waste Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Hanover Insurance Group's Sustainability Report 2024

Insights into Hanover Insurance Group's Waste Treatment Practices

In 2022, Hanover Insurance Group generated a total of 319metric tonnes of waste.a

Of this amount, 65.52% of Hanover Insurance Group's total waste generated was recovered through methods such as recycling, reuse, or composting, while 34.48% was disposed of through landfilling, incineration, or combustion.a

Hanover Insurance Group's Waste Recovery Rate

66%

How much of Hanover Insurance Group's waste is recycled or recovered?

In 2022, Hanover Insurance Group reported a total waste generation of 319 metric tonnes, of which 65.52% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Hanover Insurance Group is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a

Has Hanover Insurance Group reduced its environmental waste footprint over time?

Since 2019, Hanover Insurance Group's total waste generation decreased by 40.6%, yet rose by 10.38% in 2022, potentially indicating a temporary operational shift or inconsistency in waste management outcomes.a

Over the same period, Hanover Insurance Group's waste recovery rate increased by 16.89%, but declined by 4.37% in 2022, potentially signaling volatility in waste treatment processes or shifting priorities in waste management.a

Overall, Hanover Insurance Group’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.

Hanover Insurance Group’s Waste Recovery vs. Disposal Over Time

20192020202120220150300450600tonnes
  • Total Waste Disposed
  • Total Waste Recovered
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