In 2023, Lite-On Technology 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 | 20,468a | 26,301a | 18,596a | |
Total Waste Recovered | 17,542a | 21,481a | 14,317a | |
Total Hazardous Waste Generated | 1,683a | 2,575a | 2,392a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Lite-On Technology generated a total of 20,468metric tonnes of waste.a
Of this amount, 85.7% of Lite-On Technology's total waste generated was recovered through methods such as recycling, reuse, or composting, while 14.3% was disposed of through landfilling, incineration, or combustion.a
In 2023, Lite-On Technology reported a total waste generation of 20,468 metric tonnes, of which 85.7% was recovered through recycling, reuse, or composting.This high recovery rate suggests that Lite-On Technology has implemented strong circular economy practices and actively prioritizes sustainable waste management.a
Since 2021, Lite-On Technology's total waste generation increased by 10.07%, but declined by 22.18% in the year 2023, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.a
Over the same period, Lite-On Technology's waste recovery rate increased by 11.32%, including a 4.94% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.a
Overall, while Lite-On Technology has increased waste over the long term, recent reductions in waste generation and strong improvements in recovery indicate a strategic pivot toward better waste management and more sustainable practices.
In 2023, Lite-On Technology generated a total of 20,468 metric tonnes of waste.a
Of this amount, 8.22% of Lite-On Technology'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.91.78% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2021, Lite-On Technology's total waste generation rose by 10.07%, but dropped by 22.18% in 2023, indicating a possible turning point driven by improved waste-reduction practices or production slowdowns.a
Over the same period, Lite-On Technology reduced the hazardousness of its waste by 36.08%, with a further 16.01% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.a
Overall, Lite-On Technology has increased waste over time but is now demonstrating meaningful progress in both reducing waste generation and lowering its hazardous content, potentially signaling a turning point toward sustainability.a