Var Energi ASA

Common Name
Var Energi
Country
Norway
Sector
Energy
Industry
Oil & Gas E&P
Employees
1,400
Ticker
VAR
Exchange
OSLO BORS
Description
Var Energi ASA is a prominent player in the oil and gas industry, specializing in exploration, production, and delivering energy resources. As a comprehensive energy company, its primary function is t...

Var Energi Waste Data Preview

In 2023, Var Energi 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)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Var Energi's Waste Treatment Practices

In 2023, Var Energi generated a total of 19,327 metric tonnes of waste.

Of this amount, 11.6% of Var Energi's total waste generated was recovered through methods such as recycling, reuse, or composting, while 88.4% was disposed of through landfilling, incineration, or combustion.

Var Energi's Waste Recovery Rate

12%

How much of Var Energi's waste is recycled or recovered?

In 2023, Var Energi reported a total waste generation of 19,327 metric tonnes, of which 11.6% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that Var Energi may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives.

Has Var Energi reduced its environmental waste footprint over time?

Since 2021, Var Energi's total waste generation increased by 20.04%, including a 28.12% 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, Var Energi's waste recovery rate increased by 214.81%, including a 13.14% rise in 2023, indicating growing emphasis on circularity and improved operational practices for diverting waste from disposal.

Overall, Var Energi has seen a consistent rise in waste generation both over the long term and in the year 2023. However, the company has also steadily improved its waste recovery performance, suggesting that it is actively working to offset the environmental consequences of increased production through enhanced circularity efforts.

Var Energi’s Waste Recovery vs. Disposal Over Time

20212022202305 k10 k15 k20 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Var Energi’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Var Energi generated a total of 19,327 metric tonnes of waste.

Of this amount, 93.23% of Var Energi'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. 6.77% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Var Energi’s Hazardous vs Non-Hazardous Waste Over Time

20212022202305 k10 k15 k20 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Var Energi reduced the environmental impact of its waste?

Since 2021, Var Energi's total waste generation increased by 20.04%, including a 28.12% 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 decreased by 1.21%, yet rose by 3.22% in 2023, potentially signaling operational variability, temporary setbacks, or less effective hazardous waste mitigation in the short term.

Overall, Var Energi'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.

How does Var Energi treat its hazardous waste?

In 2023, Var Energi reported that 18,019 metric tonnes of its total waste output were classified as hazardous. This represents 93.23% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. Only 7.99% of hazardous waste was recovered, meaning the vast majority was treated through disposal methods such as landfilling or incineration. This raises concerns about the environmental and health risks associated with Var Energi’s current hazardous waste practices.

Breakdown of Var Energi's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(85.8%)Hazardous WasteRecovered(7.5%)Non-Hazardous WasteRecovered(4.1%)
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