In 2024, SBI 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 type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.
| Metric (tonnes) | 2024 | 2023 |
|---|---|---|
Total Waste Generated | 56.543a | 2.03a |
Total Waste Recovered | 2.702a | N/A |
Total Hazardous Waste Generated | 46.759a | 1.85a |
Non-Hazardous Waste Disposed | N/A | N/A |
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In 2024, SBI Life Insurance generated a total of 57metric tonnes of waste.a
Of this amount, 4.78% of SBI Life Insurance's total waste generated was recovered through methods such as recycling, reuse, or composting, while 95.22% was disposed of through landfilling, incineration, or combustion.a
In 2024, SBI Life Insurance reported a total waste generation of 57 metric tonnes, of which 4.78% was recovered through recycling, reuse, or composting.This low recovery rate highlights limited waste diversion and suggests that SBI Life Insurance may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.a
Since 2024, SBI Life Insurance's total waste generation has increased by 2,685.37%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
In 2024, SBI Life Insurance generated a total of 57 metric tonnes of waste.a
Of this amount, 82.7% of SBI Life Insurance'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.17.3% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2024, SBI Life Insurance's total waste generation has increased by 2,685.37%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Since 2024, SBI Life Insurance's hazardous waste generation has increased by 9.26%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..a
Overall, SBI Life Insurance'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