In 2024, Pan Ocean 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 | 30,564.16a | 31,491.12a | 29,699.49a | |
Total Waste Recovered | 10,922.68a | 11,901a | 10,159a | |
Total Hazardous Waste Generated | 27,647a | 28,604a | 27,118a | |
Non-Hazardous Waste Disposed | 2,915.48a | 2,885.4a | 2,576.95a |
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In 2024, Pan Ocean generated a total of 30,564metric tonnes of waste.a
Of this amount, 35.74% of Pan Ocean's total waste generated was recovered through methods such as recycling, reuse, or composting, while 64.26% was disposed of through landfilling, incineration, or combustion.a
In 2024, Pan Ocean reported a total waste generation of 30,564 metric tonnes, of which 35.74% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Pan Ocean is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2022, Pan Ocean's total waste generation increased by 2.91%, but declined by 2.94% in the year 2024, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.a
Over the same period, Pan Ocean's waste recovery rate increased by 4.48%, but declined by 5.44% in 2024, potentially signaling volatility in waste treatment processes or shifting priorities in waste management.a
Overall, Pan Ocean’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.
In 2024, Pan Ocean generated a total of 30,564 metric tonnes of waste.a
Of this amount, 90.46% of Pan Ocean'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.9.54% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2022, Pan Ocean's total waste generation rose by 2.91%, but dropped by 2.94% in 2024, indicating a possible turning point driven by improved waste-reduction practices or production slowdowns.a
Over the same period, Pan Ocean's hazardous waste share remained stable both over the long term and in 2024, reflecting consistent but static performance in managing hazardous materials.a
Overall, Pan Ocean'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
In 2024, Pan Ocean reported that 27,647 metric tonnes of its total waste output were classified as hazardous. This represents 90.46% of its overall waste generation.a
The company treated this hazardous waste using a combination of methods.Approximately 39.5% was managed through recovery methods, indicating a moderate integration of circular practices into its hazardous waste management. However, a significant share was still directed toward disposal, highlighting room for improvement in reducing the long-term impact of hazardous materials.a