In 2023, KB Financial Group 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 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 | 7,460a | 2,001a | 2,402a | |
Total Waste Recovered | 1,171a | 115a | N/A | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, KB Financial Group generated a total of 7,460metric tonnes of waste.a
Of this amount, 15.7% of KB Financial Group's total waste generated was recovered through methods such as recycling, reuse, or composting, while 84.3% was disposed of through landfilling, incineration, or combustion.a
In 2023, KB Financial Group reported a total waste generation of 7,460 metric tonnes, of which 15.7% was recovered through recycling, reuse, or composting.This low recovery rate highlights limited waste diversion and suggests that KB Financial Group may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.a
Since 2020, KB Financial Group's total waste generation increased by 282.96%, including a 272.81%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, KB Financial Group's waste recovery rate increased by 173.13%.a