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) | 2023 | 2022 | 2021 | 2020 - 2017 |
---|---|---|---|---|
Total Waste Generated | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Waste Recovered | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Hazardous Waste Generated | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Non-Hazardous Waste Disposed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, Manulife Financial generated a total of 16,600 metric tonnes of waste. a
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. a
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. a
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. a
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. a
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.