Industrial Bank of Korea

Country
South Korea
Sector
Financial Services
Industry
Banks - Regional
Employees
9,858
Ticker
024110
Exchange
KOREA EXCHANGE
Description
The Industrial Bank of Korea is a state-owned financial institution primarily focused on supporting and facilitating the growth of small to medium-sized enterprises (SMEs) in South Korea. Established ...

Industrial Bank of Korea Waste Data Preview

In 2023, Industrial Bank of Korea 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)2023202220212020 - 2017
Total Waste Generated
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a
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0000000
Total Waste Recovered
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a
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a
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a
0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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a
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a
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0000000
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Verified Sources Behind Industrial Bank of Korea’s Waste Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Industrial Bank of Korea’s data sources below and access millions more through our Disclosure Search.

a. Industrial Bank of Korea's Sustainability Report 2024
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Insights into Industrial Bank of Korea's Waste Treatment Practices

In 2023, Industrial Bank of Korea generated a total of 302 metric tonnes of waste. a

Of this amount, 30.06% of Industrial Bank of Korea's total waste generated was recovered through methods such as recycling, reuse, or composting, while 69.94% was disposed of through landfilling, incineration, or combustion. a

Industrial Bank of Korea's Waste Recovery Rate

30%

How much of Industrial Bank of Korea's waste is recycled or recovered?

In 2023, Industrial Bank of Korea reported a total waste generation of 302 metric tonnes, of which 30.06% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Industrial Bank of Korea is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts. a

Has Industrial Bank of Korea reduced its environmental waste footprint over time?

Since 2020, Industrial Bank of Korea's total waste generation increased by 8.86%, but remained relatively stable in 2023, suggesting that past growth in waste production may have recently plateaued. a

Over the same period, Industrial Bank of Korea's waste recovery rate increased by 1,313.66%, including a 48.47% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal. a

Overall, Industrial Bank of Korea continues to maintain a high level of waste generation, but steady recovery improvements point to more responsible waste handling and an ongoing investment in circularity.

Industrial Bank of Korea’s Waste Recovery vs. Disposal Over Time

2020202120222023080160240320tonnes
  • Total Waste Disposed
  • Total Waste Recovered
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