TCM Group A/S

Common Name
TCM Group
Country
Denmark
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
524
Ticker
TCM
Exchange
NASDAQ COPENHAGEN A/S
Description
TCM Group A/S is a leading furniture manufacturer based in Denmark, specializing in the design and production of kitchen, bathroom, and storage solutions. The company operates mainly within the Nordic...

TCM Group Waste Data Preview

In 2023, TCM Group 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)2023202220212020 - 2017
Total Waste Generated
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a
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a
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0000000
Total Waste Recovered
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a
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a
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a
0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind TCM Group’s Waste Management Data

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a. TCM Group's Annual Report 2023
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Insights into TCM Group’s Generation of Hazardous and Non-Hazardous Waste

In 2023, TCM Group generated a total of 4,165 metric tonnes of waste. a

Of this amount, 1% of TCM Group'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. 99% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

TCM Group’s Hazardous vs Non-Hazardous Waste Over Time

20212022202302 k4 k6 k8 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How TCM Group reduced the environmental impact of its waste?

Since 2021, TCM Group's total waste generation decreased by 32.65%, with an additional 5.55% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source. a

Over the same period, the share of hazardous waste in TCM Group's total output increased by 66.67%, including a further 900% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks. a

Overall, TCM Group'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

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