Manulife Financial Corp

Common Name
Manulife Financial
Country
Canada
Sector
Financial Services
Industry
Insurance - Life
Employees
37,000
Ticker
MFC
Exchange
TORONTO STOCK EXCHANGE
Description
Manulife Financial Corporation is a multinational insurance and financial services company headquartered in Toronto, Canada. It primarily offers a comprehensive array of financial protection and wealt...

Manulife Financial Waste Data Preview

In 2023, Manulife Financial 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)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 Manulife Financial's Waste Treatment Practices

In 2023, Manulife Financial generated a total of 16,600 metric tonnes of waste.

Of this amount, 48% of Manulife Financial's total waste generated was recovered through methods such as recycling, reuse, or composting, while 52% was disposed of through landfilling, incineration, or combustion.

Manulife Financial's Waste Recovery Rate

48%

How much of Manulife Financial's waste is recycled or recovered?

In 2023, Manulife Financial reported a total waste generation of 16,600 metric tonnes, of which 48% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Manulife Financial is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Manulife Financial reduced its environmental waste footprint over time?

Since 2021, Manulife Financial's total waste generation increased by 93.32%, including a 46.23% 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, Manulife Financial's waste recovery rate increased by 2.12%, while holding steady in 2023, suggesting past gains in recovery performance have stabilized.

Overall, Manulife Financial’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.

Manulife Financial’s Waste Recovery vs. Disposal Over Time

20212022202304.5 k9 k13.5 k18 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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