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Oracle Financial Services Software Ltd

Common Name
OFSS
Country
India
Sector
Technology
Industry
Software - Infrastructure
Employees
8,045
Ticker
OFSS
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Oracle Financial Services Software Limited is a prominent provider of IT solutions and services within the banking and financial sector. It primarily focuses on delivering enterprise-wide solutions th...

OFSS's Waste Data Preview

In 2024, OFSS 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)20242023
Total Waste Generated
94.71a
137.37a
Total Waste Recovered
45.54a
94.58a
Total Hazardous Waste Generated
16.08a
59.01a
Non-Hazardous Waste Disposed
N/AN/A
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Verified Sources Behind OFSS’s Waste Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. OFSS's Sustainability Report 2024

Insights into OFSS's Waste Treatment Practices

In 2024, OFSS generated a total of 95metric tonnes of waste.a

Of this amount, 48.08% of OFSS's total waste generated was recovered through methods such as recycling, reuse, or composting, while 46.61% was disposed of through landfilling, incineration, or combustion.The remaining 5.31% was either treated using unspecified methods or not clearly categorized.a

OFSS's Waste Recovery Rate

48%

How much of OFSS's waste is recycled or recovered?

In 2024, OFSS reported a total waste generation of 95 metric tonnes, of which 48.08% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that OFSS is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a

Has OFSS reduced its environmental waste footprint over time?

Since 2024, OFSS's total waste generation has decreased by 31.05%, suggesting improvements in operational efficiency or the early results of waste minimization strategies.a

Over the same period, OFSS's waste recovery rate decreased by 30.16%.a

OFSS’s Waste Recovery vs. Disposal Over Time

2023202403570105140tonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into OFSS’s Generation of Hazardous and Non-Hazardous Waste

In 2024, OFSS generated a total of 95 metric tonnes of waste.a

Of this amount, 16.98% of OFSS'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.83.02% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a

OFSS’s Hazardous vs Non-Hazardous Waste Over Time

2023202403570105140tonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How OFSS reduced the environmental impact of its waste?

Since 2024, OFSS's total waste generation has decreased by 31.05%, suggesting improvements in operational efficiency or the early results of waste minimization strategies.a

Since 2024, OFSS's hazardous waste generation has decreased by 60.48%, suggesting a recent shift toward safer materials, improved waste handling protocols, or stronger compliance with environmental standards.a

Overall, OFSS has reduced both its total waste and hazardous waste in the last year, suggesting effective waste management practices and improved material sourcing.a

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