In 2023, Sompo Holdings 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 | 19,504a | 19,285a | 19,461a | |
Total Waste Recovered | 5,298a | 6,171a | 6,363a | |
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, Sompo Holdings generated a total of 19,504metric tonnes of waste.a
Of this amount, 27.16% of Sompo Holdings's total waste generated was recovered through methods such as recycling, reuse, or composting, while 72.84% was disposed of through landfilling, incineration, or combustion.a
In 2023, Sompo Holdings reported a total waste generation of 19,504 metric tonnes, of which 27.16% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Sompo Holdings is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2019, Sompo Holdings's total waste generation decreased by 7.78%, yet rose by 1.14% in 2023, potentially indicating a temporary operational shift or inconsistency in waste management outcomes.a
Over the same period, Sompo Holdings's waste recovery rate declined by 20.04%, with a further 15.11% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a
Overall, Sompo Holdings had been making progress in reducing waste, but recent increases in waste and simultaneous drops in recovery point to emerging risks or disruptions in waste management strategy.