Hong Leong Bank Bhd
Hong Leong Bank Waste Data Preview
In 2024, Hong Leong 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Waste Recovered | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Hazardous Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-Hazardous Waste Disposed | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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Insights into Hong Leong Bank's Waste Treatment Practices
In 2024, Hong Leong Bank generated a total of 38 metric tonnes of waste.
Of this amount, 50.4% of Hong Leong Bank's total waste generated was recovered through methods such as recycling, reuse, or composting, while 49.6% was disposed of through landfilling, incineration, or combustion.
Hong Leong Bank's Waste Recovery Rate
How much of Hong Leong Bank's waste is recycled or recovered?
In 2024, Hong Leong Bank reported a total waste generation of 38 metric tonnes, of which 50.4% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Hong Leong Bank is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.
Has Hong Leong Bank reduced its environmental waste footprint over time?
Since 2022, Hong Leong Bank's total waste generation increased by 110.56%, including a 114.12% increase in 2024, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.
Over the same period, Hong Leong Bank's waste recovery rate declined by 49.6%, with a further 49.6% drop in 2024, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.
Overall, Hong Leong Bank is generating more waste while simultaneously backsliding on recovery efforts, both in the short and long term. This dual negative trend raises concerns about the company’s waste management priorities and its alignment with sustainability goals.
Hong Leong Bank’s Waste Recovery vs. Disposal Over Time
- Total Waste Disposed
- Total Waste Recovered