In 2023, SPX Technologies 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) | 2023 | 2022 | 2021 | 2020-2019 |
|---|---|---|---|---|
Total Waste Generated | 561,619.5a | 553,155a | 552,955.2a | |
Total Waste Recovered | 551,900a | 544,900a | 544,200a | |
Total Hazardous Waste Generated | 3.06a | N/A | N/A | |
Non-Hazardous Waste Disposed | 9,713a | 8,252a | 8,754a |
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In 2023, SPX Technologies generated a total of 561,620metric tonnes of waste.a
Of this amount, 98.27% of SPX Technologies's total waste generated was recovered through methods such as recycling, reuse, or composting, while 1.73% was disposed of through landfilling, incineration, or combustion.a
In 2023, SPX Technologies reported a total waste generation of 561,620 metric tonnes, of which 98.27% was recovered through recycling, reuse, or composting.This high recovery rate suggests that SPX Technologies has implemented strong circular economy practices and actively prioritizes sustainable waste management.a
Since 2019, SPX Technologies's total waste generation decreased by 27.07%, yet rose by 1.53% in 2023, potentially indicating a temporary operational shift or inconsistency in waste management outcomes.a
Over the same period, SPX Technologies's waste recovery rate remained stable both in the long term and in 2023, suggesting limited progress, or consistent recovery performance, without major shifts in strategy.a
Overall, SPX Technologies’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.