In 2024, SK Bioscience 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 | 2021-2019 |
|---|---|---|---|---|
Total Waste Generated | 687a | 423a | 441a | |
Total Waste Recovered | 266a | 177a | 190a | |
Total Hazardous Waste Generated | 119.7a | 82a | 75.7a | |
Non-Hazardous Waste Disposed | 183a | 168a | 183a |
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In 2024, SK Bioscience generated a total of 687metric tonnes of waste.a
Of this amount, 38.72% of SK Bioscience's total waste generated was recovered through methods such as recycling, reuse, or composting, while 61.28% was disposed of through landfilling, incineration, or combustion.a
In 2024, SK Bioscience reported a total waste generation of 687 metric tonnes, of which 38.72% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that SK Bioscience is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2022, SK Bioscience's total waste generation increased by 55.78%, including a 62.41%increase in 2024, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.a
Over the same period, SK Bioscience's waste recovery rate declined by 10.13%, with a further 7.47% drop in 2024, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, SK Bioscience is generating more waste while simultaneously backsliding on recovery efforts, both in the short and long term. This dual negative trend raises concerns about the company’s waste management priorities and its alignment with sustainability goals.
In 2024, SK Bioscience generated a total of 687 metric tonnes of waste.a
Of this amount, 17.42% of SK Bioscience'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.82.71% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2022, SK Bioscience's total waste generation increased by 55.78%, including a 62.41% rise in 2024, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.a
Over the same period, SK Bioscience saw a long-term increase of 1.5% in hazardous waste share, but a 10.12% reduction in 2024, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls.a
Overall, SK Bioscience'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
In 2024, SK Bioscience reported that 120 metric tonnes of its total waste output were classified as hazardous. This represents 17.42% of its overall waste generation.a
The company treated this hazardous waste using a combination of methods.Only 4.68% of hazardous waste was recovered, meaning the vast majority was treated through disposal methods such as landfilling or incineration. This raises concerns about the environmental and health risks associated with SK Bioscience’s current hazardous waste practices.a