In 2024, Phillips Edison & Co 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) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 79,175a | 73,176a | N/A | |
Total Waste Recovered | 15,102a | 15,310a | N/A | |
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 2024, Phillips Edison & Co generated a total of 79,175metric tonnes of waste.a
Of this amount, 19.07% of Phillips Edison & Co's total waste generated was recovered through methods such as recycling, reuse, or composting, while 80.93% was disposed of through landfilling, incineration, or combustion.a
In 2024, Phillips Edison & Co reported a total waste generation of 79,175 metric tonnes, of which 19.07% was recovered through recycling, reuse, or composting.This low recovery rate highlights limited waste diversion and suggests that Phillips Edison & Co may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.a
Since 2020, Phillips Edison & Co's total waste generation increased by 43.55%, including a 8.2%increase in 2024, 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, Phillips Edison & Co's waste recovery rate declined by 22.86%, with a further 8.83% drop in 2024, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, Phillips Edison & Co is generating more waste while simultaneously backsliding on recovery efforts, both in the short and long term. This dual negative trend raises concerns about the company’s waste management priorities and its alignment with sustainability goals.