In 2023, Paypal Holdings 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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 374.7a | 337.8a | 409.9a | |
Total Waste Recovered | 194.3a | 254.5a | 301.5a | |
Total Hazardous Waste Generated | 374.7a | 337.8a | 409.9a | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2023, Paypal Holdings generated a total of 375metric tonnes of waste.a
Of this amount, 51.85% of Paypal Holdings's total waste generated was recovered through methods such as recycling, reuse, or composting, while 48.15% was disposed of through landfilling, incineration, or combustion.a
In 2023, Paypal Holdings reported a total waste generation of 375 metric tonnes, of which 51.85% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Paypal Holdings is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2021, Paypal Holdings's total waste generation decreased by 8.59%, yet rose by 10.92% in 2023, potentially indicating a temporary operational shift or inconsistency in waste management outcomes.a
Over the same period, Paypal Holdings's waste recovery rate declined by 29.5%, with a further 31.17% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, Paypal Holdings had been making progress in reducing waste, but recent increases in waste and simultaneous drops in recovery point to emerging risks or disruptions in waste management strategy.