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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 302.1a | 303.8a | 309.8a | |
Total Waste Recovered | 90.8a | 61.5a | 51a | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | 211.3a | 242.3a | 258.8a |
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In 2023, Industrial Bank of Korea generated a total of 302metric 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
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
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.