In 2024, Hanwha Solutions 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 98,605a | 101,232a | 87,803a | |
Total Waste Recovered | 31,366a | 42,039a | 41,079a | |
Total Hazardous Waste Generated | 56,915a | 49,217a | 34,203a | |
Non-Hazardous Waste Disposed | 22,742a | 23,766a | 26,334a |
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In 2024, Hanwha Solutions generated a total of 98,605metric tonnes of waste.a
Of this amount, 31.81% of Hanwha Solutions's total waste generated was recovered through methods such as recycling, reuse, or composting, while 68.19% was disposed of through landfilling, incineration, or combustion.a
In 2024, Hanwha Solutions reported a total waste generation of 98,605 metric tonnes, of which 31.81% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Hanwha Solutions is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2022, Hanwha Solutions's total waste generation increased by 12.3%, but declined by 2.6% in the year 2024, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.a
Over the same period, Hanwha Solutions's waste recovery rate declined by 32.01%, with a further 23.4% drop in 2024, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, Hanwha Solutions has historically generated more waste, and although the most recent figures show a drop in output, declining recovery rates suggest that the company’s waste management systems may be weakening or under-resourced.
In 2024, Hanwha Solutions generated a total of 98,605 metric tonnes of waste.a
Of this amount, 57.72% of Hanwha Solutions'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.42.28% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2022, Hanwha Solutions's total waste generation rose by 12.3%, but dropped by 2.6% in 2024, indicating a possible turning point driven by improved waste-reduction practices or production slowdowns.a
Over the same period, the share of hazardous waste in Hanwha Solutions's total output increased by 48.17%, including a further 18.72% rise in 2024, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.a
Overall, while Hanwha Solutions has recently reduced waste output, its hazardous waste share continues to rise, raising concerns about treatment efficiency or growing reliance on harmful materials despite short-term volume improvements.a
In 2024, Hanwha Solutions reported that 56,915 metric tonnes of its total waste output were classified as hazardous. This represents 57.72% of its overall waste generation.a
The company treated this hazardous waste using a combination of methods.Approximately 21.82% 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