Innospec Inc

Common Name
Innospec
Country
United States
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
2,450
Ticker
IOSP
Exchange
NASDAQ/NGS
Description
Innospec Inc. is a global specialty chemicals company that develops, manufactures, and supplies a broad range of chemical solutions to various industries. With its primary function centered around pro...

Innospec Waste Data Preview

In 2023, Innospec 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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0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Innospec’s Waste Management Data

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a. Innospec's Sustainability Report 2023
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Insights into Innospec's Waste Treatment Practices

In 2023, Innospec generated a total of 33,914 metric tonnes of waste. a

Of this amount, 22.94% of Innospec's total waste generated was recovered through methods such as recycling, reuse, or composting, while 77.06% was disposed of through landfilling, incineration, or combustion. a

Innospec's Waste Recovery Rate

23%

How much of Innospec's waste is recycled or recovered?

In 2023, Innospec reported a total waste generation of 33,914 metric tonnes, of which 22.94% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Innospec may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives. a

Insights into Innospec’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Innospec generated a total of 33,914 metric tonnes of waste. a

Of this amount, 31.3% of Innospec'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. 68.7% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

How does Innospec treat its hazardous waste?

In 2023, Innospec reported that 10,616 metric tonnes of its total waste output were classified as hazardous. This represents 31.3% of its overall waste generation. a

The company treated this hazardous waste using a combination of methods. Approximately 35.88% was managed through recovery methods, indicating a moderate integration of circular practices into its hazardous waste management. However, a significant share was still directed toward disposal, highlighting room for improvement in reducing the long-term impact of hazardous materials. a

Breakdown of Innospec's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(20.1%)Hazardous WasteRecovered(11.2%)Non-Hazardous WasteDisposed(57.0%)Non-Hazardous WasteRecovered(11.7%)
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