In 2023, Swiss Re 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 | 987a | 1,158a | 718a | |
Total Waste Recovered | 434.28a | 486.36a | 351.82a | |
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, Swiss Re generated a total of 987metric tonnes of waste.a
Of this amount, 44% of Swiss Re's total waste generated was recovered through methods such as recycling, reuse, or composting, while 56% was disposed of through landfilling, incineration, or combustion.a
In 2023, Swiss Re reported a total waste generation of 987 metric tonnes, of which 44% was recovered through recycling, reuse, or composting.This moderate level of recovery indicates that Swiss Re is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.a
Since 2021, Swiss Re's total waste generation increased by 37.47%, but declined by 14.77% in the year 2023, suggesting a potential shift toward more efficient material use or the early impact of waste reduction strategies.a
Over the same period, Swiss Re's waste recovery rate declined by 10.2%, yet improved by 4.76% in 2023, pointing to a recent rebound or renewed focus on better waste treatment outcomes.a
Overall, Swiss Re’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.