In 2024, Lotte Energy Materials 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 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 4,698a | 5,315a | 5,371a | |
Total Waste Recovered | 714a | 246a | 167a | |
Total Hazardous Waste Generated | 650a | 597a | 471a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2024, Lotte Energy Materials generated a total of 4,698metric tonnes of waste.a
Of this amount, 15.2% of Lotte Energy Materials's total waste generated was recovered through methods such as recycling, reuse, or composting, while 15.5% was disposed of through landfilling, incineration, or combustion.The remaining 69.3% was either treated using unspecified methods or not clearly categorized.a
In 2024, Lotte Energy Materials reported a total waste generation of 4,698 metric tonnes, of which 15.2% was recovered through recycling, reuse, or composting.This low recovery rate highlights limited waste diversion and suggests that Lotte Energy Materials may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.a
Since 2022, Lotte Energy Materials's total waste generation decreased by 12.53%, including a further 11.61% drop in 2024, highlighting a consistent and deliberate reduction in waste production over time.a
Over the same period, Lotte Energy Materials's waste recovery rate increased by 388.79%, including a 228.36% rise in 2024, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.a
Overall, Lotte Energy Materials has made measurable progress in reducing its waste generation while strengthening recovery systems. This dual improvement indicates a mature and proactive approach to environmental performance.
In 2024, Lotte Energy Materials generated a total of 4,698 metric tonnes of waste.a
Of this amount, 13.84% of Lotte Energy Materials'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.86.19% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2022, Lotte Energy Materials's total waste generation decreased by 12.53%, with an additional 11.61% decline in 2024, suggesting a consistent and deliberate effort to minimize waste generation at the source.a
Over the same period, the share of hazardous waste in Lotte Energy Materials's total output increased by 57.77%, including a further 23.18% rise in 2024, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.a
Overall, Lotte Energy Materials'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