In 2023, IDEX 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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 872a | 642a | 589a | |
Total Waste Recovered | 523.2a | 179.76a | 170.81a | |
Total Hazardous Waste Generated | 872a | 642a | 589a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, IDEX generated a total of 872metric tonnes of waste.a
Of this amount, 60% of IDEX's total waste generated was recovered through methods such as recycling, reuse, or composting, while 22% was disposed of through landfilling, incineration, or combustion.The remaining 18% was either treated using unspecified methods or not clearly categorized.a
In 2023, IDEX reported a total waste generation of 872 metric tonnes, of which 60% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that IDEX is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2021, IDEX's total waste generation increased by 48.05%, including a 35.83%increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.a
Over the same period, IDEX's waste recovery rate increased by 106.9%, including a 114.29% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.a
Overall, IDEX has seen a consistent rise in waste generation both over the long term and in the year 2023. However, the company has also steadily improved its waste recovery performance, suggesting that it is actively working to offset the environmental consequences of increased production through enhanced circularity efforts.