Hon Hai Precision Industry Co Ltd

Common Name
Hon Hai Precision Industry
Country
Taiwan
Sector
Technology
Industry
Electronic Components
Employees
N/A
Ticker
2317
Exchange
TAIWAN STOCK EXCHANGE
Description
Hon Hai Precision Industry Co., Ltd., commonly known as Foxconn, is a leading multinational electronics contract manufacturer. Renowned for its role as Apple Inc.'s primary manufacturer, Foxconn is pi...

Hon Hai Precision Industry Waste Data Preview

In 2023, Hon Hai Precision Industry 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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Total Waste Recovered
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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 Hon Hai Precision Industry's Waste Treatment Practices

In 2023, Hon Hai Precision Industry generated a total of 693,440 metric tonnes of waste.

Of this amount, 84.56% of Hon Hai Precision Industry's total waste generated was recovered through methods such as recycling, reuse, or composting, while 11.01% was disposed of through landfilling, incineration, or combustion. The remaining 4.42% was either treated using unspecified methods or not clearly categorized.

Hon Hai Precision Industry's Waste Recovery Rate

85%

How much of Hon Hai Precision Industry's waste is recycled or recovered?

In 2023, Hon Hai Precision Industry reported a total waste generation of 693,440 metric tonnes, of which 84.56% was recovered through recycling, reuse, or composting. This high recovery rate suggests that Hon Hai Precision Industry has implemented strong circular economy practices and actively prioritizes sustainable waste management.

Has Hon Hai Precision Industry reduced its environmental waste footprint over time?

Since 2021, Hon Hai Precision Industry's total waste generation decreased by 30.78%, including a further 15.27% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, Hon Hai Precision Industry's waste recovery rate increased by 59.32%, but declined by 4.41% in 2023, potentially signaling volatility in waste treatment processes or shifting priorities in waste management.

Overall, Hon Hai Precision Industry’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.

Hon Hai Precision Industry’s Waste Recovery vs. Disposal Over Time

2021202220230300 k600 k900 k1.2 Mtonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Hon Hai Precision Industry’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Hon Hai Precision Industry generated a total of 693,440 metric tonnes of waste.

Of this amount, 16.16% of Hon Hai Precision Industry'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. 83.84% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Hon Hai Precision Industry’s Hazardous vs Non-Hazardous Waste Over Time

2021202220230300 k600 k900 k1.2 Mtonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Hon Hai Precision Industry reduced the environmental impact of its waste?

Since 2021, Hon Hai Precision Industry's total waste generation decreased by 30.78%, with an additional 15.27% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Over the same period, Hon Hai Precision Industry reduced the hazardousness of its waste by 64.3%, with a further 6.82% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.

Overall, Hon Hai Precision Industry has made consistent and substantial progress in reducing both the quantity and the danger of its waste, highlighting a strong, well-executed waste strategy focused on minimizing environmental impact.

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