Laboratory Corporation of America Holdings

Common Name
Labcorp
Country
United States
Sector
Healthcare
Industry
Diagnostics & Research
Employees
67,000
Ticker
LH
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Labcorp Holdings Inc. provides laboratory services. It operates through two segments, Diagnostics Laboratories and Biopharma Laboratory Services. The company offers various tests, such as blood chemis...

Labcorp Waste Data Preview

In 2023, Labcorp 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)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Labcorp's Waste Treatment Practices

In 2023, Labcorp generated a total of 16,179 metric tonnes of waste.

Of this amount, 31.57% of Labcorp's total waste generated was recovered through methods such as recycling, reuse, or composting, while 68.43% was disposed of through landfilling, incineration, or combustion.

Labcorp's Waste Recovery Rate

32%

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

In 2023, Labcorp reported a total waste generation of 16,179 metric tonnes, of which 31.57% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Labcorp is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Labcorp reduced its environmental waste footprint over time?

Since 2020, Labcorp's total waste generation increased by 1.05%, including a 2.93% 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.

Over the same period, Labcorp's waste recovery rate increased by 20.82%, but declined by 6.46% in 2023, potentially signaling volatility in waste treatment processes or shifting priorities in waste management.

Overall, Labcorp’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Labcorp’s Waste Recovery vs. Disposal Over Time

202020212022202305 k10 k15 k20 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

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

In 2023, Labcorp generated a total of 16,179 metric tonnes of waste.

Of this amount, 78.99% of Labcorp'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. 21.01% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Labcorp’s Hazardous vs Non-Hazardous Waste Over Time

202020212022202305 k10 k15 k20 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Labcorp reduced the environmental impact of its waste?

Since 2020, Labcorp's total waste generation increased by 1.05%, including a 2.93% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, the share of hazardous waste in Labcorp's total output increased by 17.31%, including a further 7.46% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, Labcorp has seen a continuous rise in both total waste and hazardous waste over time, signaling a worsening environmental impact that may require urgent reassessment of material sourcing, production processes, or waste mitigation strategies.

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