Shin Kong Financial Holding Co Ltd

Common Name
Shin Kong Financial Holding
Country
Taiwan
Sector
Financial Services
Industry
Insurance - Life
Employees
16,721
Ticker
2888
Exchange
TAIWAN STOCK EXCHANGE
Description
Shin Kong Financial Holding Co., Ltd. is a prominent financial services company based in Taipei, Taiwan. Its primary function is to manage and operate its various subsidiaries which provide a comprehe...

Shin Kong Financial Holding Waste Data Preview

In 2023, Shin Kong Financial Holding 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)2023202220212020 - 2017
Total Waste Generated
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a
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0000000
Total Waste Recovered
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a
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a
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a
0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind Shin Kong Financial Holding’s Waste Management Data

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a. Shin Kong Financial Holding's Sustainability Report 2023
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Insights into Shin Kong Financial Holding's Waste Treatment Practices

In 2023, Shin Kong Financial Holding generated a total of 1,723 metric tonnes of waste. a

Of this amount, 20.31% of Shin Kong Financial Holding's total waste generated was recovered through methods such as recycling, reuse, or composting, while 79.69% was disposed of through landfilling, incineration, or combustion. a

Shin Kong Financial Holding's Waste Recovery Rate

20%

How much of Shin Kong Financial Holding's waste is recycled or recovered?

In 2023, Shin Kong Financial Holding reported a total waste generation of 1,723 metric tonnes, of which 20.31% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Shin Kong Financial Holding may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives. a

Has Shin Kong Financial Holding reduced its environmental waste footprint over time?

Since 2020, Shin Kong Financial Holding's total waste generation decreased by 29.58%, including a further 27.95% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time. a

Over the same period, Shin Kong Financial Holding's waste recovery rate increased by 161.65%, but declined by 17.95% in 2023, potentially signaling volatility in waste treatment processes or shifting priorities in waste management. a

Overall, Shin Kong Financial Holding’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.

Shin Kong Financial Holding’s Waste Recovery vs. Disposal Over Time

202020212022202306501.3 k1.95 k2.6 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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