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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 1,723.46a | 2,391.97a | 2,370.51a | |
Total Waste Recovered | 350.05a | 592.09a | 331.98a | |
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 2023, Shin Kong Financial Holding generated a total of 1,723metric 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
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
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.