S-Oil Corp

Common Name
S-Oil
Country
South Korea
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
3,193
Ticker
010950
Exchange
KOREA EXCHANGE
Description
S-Oil Corporation is a major South Korean oil refining and marketing company, primarily engaged in the production and distribution of petroleum and petrochemical products. Its core operations include ...

S-Oil Waste Data Preview

In 2023, S-Oil 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
0000000
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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 S-Oil's Waste Treatment Practices

In 2023, S-Oil generated a total of 55,972 metric tonnes of waste.

Of this amount, 88.58% of S-Oil's total waste generated was recovered through methods such as recycling, reuse, or composting, while 11.42% was disposed of through landfilling, incineration, or combustion.

S-Oil's Waste Recovery Rate

89%

How much of S-Oil's waste is recycled or recovered?

In 2023, S-Oil reported a total waste generation of 55,972 metric tonnes, of which 88.58% was recovered through recycling, reuse, or composting. This high recovery rate suggests that S-Oil has implemented strong circular economy practices and actively prioritizes sustainable waste management.

Has S-Oil reduced its environmental waste footprint over time?

Since 2020, S-Oil's total waste generation increased by 44.48%, including a 12.5% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.

Over the same period, S-Oil's waste recovery rate increased by 3.23%, including a 6.76% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.

Overall, S-Oil has seen a consistent rise in waste generation both over the long term and in the year 2023. However, the company has also steadily improved its waste recovery performance, suggesting that it is actively working to offset the environmental consequences of increased production through enhanced circularity efforts.

S-Oil’s Waste Recovery vs. Disposal Over Time

2020202120222023015 k30 k45 k60 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into S-Oil’s Generation of Hazardous and Non-Hazardous Waste

In 2023, S-Oil generated a total of 55,972 metric tonnes of waste.

Of this amount, 39.13% of S-Oil'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. 60.87% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

S-Oil’s Hazardous vs Non-Hazardous Waste Over Time

2020202120222023015 k30 k45 k60 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How S-Oil reduced the environmental impact of its waste?

Since 2020, S-Oil's total waste generation increased by 44.48%, including a 12.5% 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 increased by 40.77%, while holding steady in 2023, pointing to potential stagnation in efforts to reduce harmful waste types after a period of worsening performance.

Overall, S-Oil'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.

How does S-Oil treat its hazardous waste?

In 2023, S-Oil reported that 21,903 metric tonnes of its total waste output were classified as hazardous. This represents 39.13% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (91.75%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that S-Oil has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of S-Oil's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteRecovered(35.9%)Non-Hazardous WasteDisposed(8.2%)Non-Hazardous WasteRecovered(52.7%)
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