In 2024, IDFC First 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 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 |
|---|---|---|
Total Waste Generated | 154.74a | 106.01a |
Total Waste Recovered | 11.75a | N/A |
Total Hazardous Waste Generated | 154.74a | 106.01a |
Non-Hazardous Waste Disposed | N/A | N/A |
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In 2024, IDFC First Bank generated a total of 155metric tonnes of waste.a
Of this amount, 7.59% of IDFC First Bank's total waste generated was recovered through methods such as recycling, reuse, or composting, while 83.18% was disposed of through landfilling, incineration, or combustion.The remaining 9.22% was either treated using unspecified methods or not clearly categorized.a
In 2024, IDFC First Bank reported a total waste generation of 155 metric tonnes, of which 7.59% was recovered through recycling, reuse, or composting.This low recovery rate highlights limited waste diversion and suggests that IDFC First Bank may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.a
Since 2024, IDFC First Bank's total waste generation has increased by 45.97%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a