In 2024, Lifco 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) | 2024 | 2023 |
|---|---|---|
Total Waste Generated | 14,103a | 10,232a |
Total Waste Recovered | 9,830a | 7,358a |
Total Hazardous Waste Generated | 673a | 680a |
Non-Hazardous Waste Disposed | 3,904a | 2,383a |
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In 2024, Lifco generated a total of 14,103metric tonnes of waste.a
Of this amount, 69.7% of Lifco's total waste generated was recovered through methods such as recycling, reuse, or composting, while 30.3% was disposed of through landfilling, incineration, or combustion.a
In 2024, Lifco reported a total waste generation of 14,103 metric tonnes, of which 69.7% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Lifco is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2024, Lifco's total waste generation has increased by 37.83%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Over the same period, Lifco's waste recovery rate decreased by 3.07%.a
In 2024, Lifco generated a total of 14,103 metric tonnes of waste.a
Of this amount, 4.77% of Lifco'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.95.23% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2024, Lifco's total waste generation has increased by 37.83%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Since 2024, Lifco's hazardous waste generation has increased by 28.19%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..a
Overall, Lifco's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.a
In 2024, Lifco reported that 673 metric tonnes of its total waste output were classified as hazardous. This represents 4.77% of its overall waste generation.a
The company treated this hazardous waste using a combination of methods.Approximately 45.17% 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