In 2024, Hyundai Steel 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 | 9,926,000a | 10,162,000a | 9,952,000a | |
Total Waste Recovered | 9,819,000a | 10,079,000a | 9,721,000a | |
Total Hazardous Waste Generated | 106,000a | 133,000a | 124,000a | |
Non-Hazardous Waste Disposed | 101,000a | 75,000a | 227,000a |
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In 2024, Hyundai Steel generated a total of 9,926,000metric tonnes of waste.a
Of this amount, 98.92% of Hyundai Steel's total waste generated was recovered through methods such as recycling, reuse, or composting, while 1.08% was disposed of through landfilling, incineration, or combustion.a
In 2024, Hyundai Steel reported a total waste generation of 9,926,000 metric tonnes, of which 98.92% was recovered through recycling, reuse, or composting.This high recovery rate suggests that Hyundai Steel has implemented strong circular economy practices and actively prioritizes sustainable waste management.a
Since 2021, Hyundai Steel's total waste generation remained relatively flat, but fell by 2.32% in 2024, which may reflect the beginning of a downward trend in material intensity or waste generation.a
Over the same period, Hyundai Steel's waste recovery rate remained stable both in the long term and in 2024, suggesting limited progress, or consistent recovery performance, without major shifts in strategy.a
Overall, Hyundai Steel’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.
In 2024, Hyundai Steel generated a total of 9,926,000 metric tonnes of waste.a
Of this amount, 1.07% of Hyundai Steel'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.98.93% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2021, Hyundai Steel's total waste generation remained largely unchanged, but decreased by 2.32% in 2024, which could signal the early stages of a reduction strategy.a
Over the same period, Hyundai Steel reduced the hazardousness of its waste by 17.82%, with a further 18.41% decline in 2024, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.a
Overall, Hyundai Steel's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.a
In 2024, Hyundai Steel reported that 106,000 metric tonnes of its total waste output were classified as hazardous. This represents 1.07% of its overall waste generation.a
The company treated this hazardous waste using a combination of methods.A majority (94.34%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Hyundai Steel has established processes to reduce the environmental burden of its most harmful waste streams.a