In 2024, HSBC Holdings 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 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 12,000a | 12,000a | 13,000a | |
Total Waste Recovered | 6,000a | 7,000a | 8,000a | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2024, HSBC Holdings generated a total of 12,000metric tonnes of waste.a
Of this amount, 50% of HSBC Holdings's total waste generated was recovered through methods such as recycling, reuse, or composting, while 50% was disposed of through landfilling, incineration, or combustion.a
In 2024, HSBC Holdings reported a total waste generation of 12,000 metric tonnes, of which 50% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that HSBC Holdings is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2022, HSBC Holdings's total waste generation decreased by 7.69%, and remained stable in 2024, which may indicate a new baseline following earlier reductions in waste output.a
Over the same period, HSBC Holdings's waste recovery rate declined by 18.75%, with a further 14.29% drop in 2024, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, HSBC Holdings’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.