People's Insurance Company Group of China Ltd

Common Name
PICC
Country
China (Mainland)
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
175,121
Ticker
601319
Exchange
SHANGHAI STOCK EXCHANGE
Description
PICC Property and Casualty Company Limited is a leading provider in the insurance industry, primarily engaged in offering non-life insurance products. The company plays a crucial role in providing com...

PICC Waste Data Preview

In 2023, PICC 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)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

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

In 2023, PICC generated a total of 51 metric tonnes of waste.

Of this amount, 1.66% of PICC'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. 98.34% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

PICC’s Hazardous vs Non-Hazardous Waste Over Time

202120222023015304560tonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How PICC reduced the environmental impact of its waste?

Since 2021, PICC's total waste generation increased by 16.74%, including a 6.06% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, the share of hazardous waste in PICC's total output increased by 927.96%, including a further 2,539.98% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, PICC has seen a continuous rise in both total waste and hazardous waste over time, signaling a worsening environmental impact that may require urgent reassessment of material sourcing, production processes, or waste mitigation strategies.

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