Thai Life Insurance PCL
Thai Life Insurance Waste Data Preview
In 2023, Thai Life Insurance 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 - 2017 |
|---|---|---|---|---|
Total Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Waste Recovered | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Hazardous Waste Generated | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-Hazardous Waste Disposed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Thai Life Insurance's Waste Treatment Practices
In 2023, Thai Life Insurance generated a total of 397 metric tonnes of waste.
Of this amount, 39.11% of Thai Life Insurance's total waste generated was recovered through methods such as recycling, reuse, or composting, while 60.89% was disposed of through landfilling, incineration, or combustion.
Thai Life Insurance's Waste Recovery Rate
How much of Thai Life Insurance's waste is recycled or recovered?
In 2023, Thai Life Insurance reported a total waste generation of 397 metric tonnes, of which 39.11% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Thai Life Insurance is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.
Has Thai Life Insurance reduced its environmental waste footprint over time?
Since 2021, Thai Life Insurance's total waste generation increased by 12.94%, including a 6.85% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.
Over the same period, Thai Life Insurance's waste recovery rate declined by 22.15%, with a further 24.56% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.
Overall, Thai Life Insurance 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.
Thai Life Insurance’s Waste Recovery vs. Disposal Over Time
- Total Waste Disposed
- Total Waste Recovered
Insights into Thai Life Insurance’s Generation of Hazardous and Non-Hazardous Waste
In 2023, Thai Life Insurance generated a total of 397 metric tonnes of waste.
Of this amount, 0.34% of Thai Life Insurance'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. 99.66% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.
Thai Life Insurance’s Hazardous vs Non-Hazardous Waste Over Time
- Total Non-Hazardous Waste Generated
- Total Hazardous Waste Generated
How Thai Life Insurance reduced the environmental impact of its waste?
Since 2021, Thai Life Insurance's total waste generation increased by 12.94%, including a 6.85% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.
Over the same period, the share of hazardous waste in Thai Life Insurance's total output increased by 107.89%, including a further 110.04% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.
Overall, Thai Life Insurance has seen a continuous rise in both total waste and hazardous waste over time, signaling a worsening environmental impact that may require urgent reassessment of material sourcing, production processes, or waste mitigation strategies.