In 2023, SBI Card 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) | 2023 | 2022 |
|---|---|---|
Total Waste Generated | 113.627a | 35.28a |
Total Waste Recovered | 84.24a | 29.313a |
Total Hazardous Waste Generated | 34.242a | 5.433a |
Non-Hazardous Waste Disposed | N/A | N/A |
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In 2023, SBI Card generated a total of 114metric tonnes of waste.a
Of this amount, 74.14% of SBI Card's total waste generated was recovered through methods such as recycling, reuse, or composting, while 23.74% was disposed of through landfilling, incineration, or combustion.The remaining 2.12% was either treated using unspecified methods or not clearly categorized.a
In 2023, SBI Card reported a total waste generation of 114 metric tonnes, of which 74.14% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that SBI Card is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2023, SBI Card's total waste generation has increased by 222.07%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Over the same period, SBI Card's waste recovery rate decreased by 10.77%.a
In 2023, SBI Card generated a total of 114 metric tonnes of waste.a
Of this amount, 30.14% of SBI Card'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.69.86% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2023, SBI Card's total waste generation has increased by 222.07%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Since 2023, SBI Card's hazardous waste generation has increased by 95.69%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..a
Overall, SBI Card has seen a recent increase in both total waste and hazardous waste, which may indicate growing operational pressures or insufficient controls on harmful materials.a