In 2023, NatWest Group 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 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 7,355a | 8,334a | 9,892a | |
Total Waste Recovered | 6,381a | 7,191a | 8,713a | |
Total Hazardous Waste Generated | N/A | N/A | N/A | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, NatWest Group generated a total of 7,355metric tonnes of waste.a
Of this amount, 86.76% of NatWest Group's total waste generated was recovered through methods such as recycling, reuse, or composting, while 13.24% was disposed of through landfilling, incineration, or combustion.a
In 2023, NatWest Group reported a total waste generation of 7,355 metric tonnes, of which 86.76% was recovered through recycling, reuse, or composting.This high recovery rate suggests that NatWest Group has implemented strong circular economy practices and actively prioritizes sustainable waste management.a
Since 2019, NatWest Group's total waste generation decreased by 40.62%, including a further 11.75% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.a
Over the same period, NatWest Group's waste recovery rate increased by 12.09%, while holding steady in 2023, suggesting past gains in recovery performance have stabilized.a
Overall, NatWest Group’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.