In 2024, Shriram Finance 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 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Waste Generated | 502.27a | 116.28a | N/A | |
Total Waste Recovered | 502.27a | 116.28a | N/A | |
Total Hazardous Waste Generated | 66.82a | 63.94a | N/A | |
Non-Hazardous Waste Disposed | N/A | N/A | N/A |
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In 2024, Shriram Finance generated a total of 502 metric tonnes of waste.a
Of this amount, 13.3% of Shriram Finance'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.86.7% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2024, Shriram Finance's total waste generation has increased by 331.95%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Since 2024, Shriram Finance's hazardous waste generation has increased by 75.81%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..a
Overall, Shriram Finance'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