Polestar Automotive Holding UK PLC

Common Name
Polestar Automotive Holding
Country
Sweden
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
2,515
Ticker
PSNY
Exchange
NASDAQ/NMS
Description
Polestar Automotive Holding UK PLC ADS represents the American Depository Shares of Polestar, a Swedish automotive manufacturer that specializes in high-performance electric vehicles. The primary func...

Polestar Automotive Holding Waste Data Preview

In 2023, Polestar Automotive Holding 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)2023202220212020 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
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a
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0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000

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Verified Sources Behind Polestar Automotive Holding’s Waste Management Data

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Insights into Polestar Automotive Holding’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Polestar Automotive Holding generated a total of 13 metric tonnes of waste. a

Of this amount, 89.74% of Polestar Automotive Holding'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. 10.26% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

Polestar Automotive Holding’s Hazardous vs Non-Hazardous Waste Over Time

2020202120222023090180270360tonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Polestar Automotive Holding reduced the environmental impact of its waste?

Since 2020, Polestar Automotive Holding's total waste generation decreased by 94.61%, with an additional 32.01% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source. a

Over the same period, the share of hazardous waste in Polestar Automotive Holding's total output increased by 421.9%, including a further 62.1% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks. a

Overall, Polestar Automotive Holding'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

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