Samsung Life Insurance Co Ltd
Samsung Life Insurance Waste Data Preview
In 2023, 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) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Waste Generated | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Waste Recovered | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Hazardous Waste Generated | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Non-Hazardous Waste Disposed | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Insights into Samsung Life Insurance's Waste Treatment Practices
In 2023, Samsung Life Insurance generated a total of 789 metric tonnes of waste. a
Of this amount, 97.21% of Samsung Life Insurance's total waste generated was recovered through methods such as recycling, reuse, or composting, while 2.66% was disposed of through landfilling, incineration, or combustion. a
Samsung Life Insurance's Waste Recovery Rate
How much of Samsung Life Insurance's waste is recycled or recovered?
In 2023, Samsung Life Insurance reported a total waste generation of 789 metric tonnes, of which 97.21% 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
Has Samsung Life Insurance reduced its environmental waste footprint over time?
Since 2020, Samsung Life Insurance's total waste generation increased by 51.15%, including a 122.25% 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. a
Over the same period, Samsung Life Insurance's waste recovery rate increased by 18.56%, including a 33.76% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal. a
Overall, Samsung Life Insurance 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.
Samsung Life Insurance’s Waste Recovery vs. Disposal Over Time
- Total Waste Disposed
- Total Waste Recovered