In 2024, Samsung Life Insurance 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 | 640a | 789a | 355a | |
Total Waste Recovered | 619a | 767a | 258a | |
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, Samsung Life Insurance generated a total of 640metric tonnes of waste.a
Of this amount, 96.72% of Samsung Life Insurance's total waste generated was recovered through methods such as recycling, reuse, or composting, while 3.28% was disposed of through landfilling, incineration, or combustion.a
In 2024, Samsung Life Insurance reported a total waste generation of 640 metric tonnes, of which 96.72% was recovered through recycling, reuse, or composting.This high recovery rate suggests that Samsung Life Insurance has implemented strong circular economy practices and actively prioritizes sustainable waste management.a
Since 2021, Samsung Life Insurance's total waste generation increased by 21.9%, but declined by 18.88% in the year 2024, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.a
Over the same period, Samsung Life Insurance's waste recovery rate increased by 16.73%, while holding steady in 2024, suggesting past gains in recovery performance have stabilized.a
Overall, Samsung Life Insurance’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.