Shinhan Financial Group Co Ltd

Common Name
Shinhan Financial Group
Country
South Korea
Sector
Financial Services
Industry
Banks - Regional
Employees
N/A
Ticker
055550
Exchange
KOREA EXCHANGE
Description
Shinhan Financial Group Co., Ltd. is a comprehensive financial services provider based in South Korea. As one of the country's leading banking groups, it offers a wide array of services including comm...

Shinhan Financial Group Waste Data Preview

In 2023, Shinhan Financial Group 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)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Shinhan Financial Group's Waste Treatment Practices

In 2023, Shinhan Financial Group generated a total of 845 metric tonnes of waste.

Of this amount, 73.49% of Shinhan Financial Group's total waste generated was recovered through methods such as recycling, reuse, or composting, while 26.51% was disposed of through landfilling, incineration, or combustion.

Shinhan Financial Group's Waste Recovery Rate

73%

How much of Shinhan Financial Group's waste is recycled or recovered?

In 2023, Shinhan Financial Group reported a total waste generation of 845 metric tonnes, of which 73.49% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Shinhan Financial Group is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Shinhan Financial Group reduced its environmental waste footprint over time?

Since 2021, Shinhan Financial Group's total waste generation decreased by 9.04%, and remained stable in 2023, which may indicate a new baseline following earlier reductions in waste output.

Over the same period, Shinhan Financial Group's waste recovery rate increased by 83.53%, including a 75.6% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.

Overall, Shinhan Financial Group appears to have stabilized its waste output following a period of long-term reduction, while continuing to improve its recovery practices. This suggests consolidation of earlier gains with stronger waste treatment efforts.

Shinhan Financial Group’s Waste Recovery vs. Disposal Over Time

20212022202302505007501 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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