In 2023, Young Optics 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 |
|---|---|---|
Total Waste Generated | 88.57a | 84.39a |
Total Waste Recovered | N/A | N/A |
Total Hazardous Waste Generated | 7.67a | 3.33a |
Non-Hazardous Waste Disposed | 80.9a | N/A |
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In 2023, Young Optics generated a total of 89 metric tonnes of waste.a
Of this amount, 8.66% of Young Optics'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.91.34% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.a
Since 2023, Young Optics's total waste generation has increased by 4.95%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a
Since 2023, Young Optics's hazardous waste generation has increased by 119.46%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..a
Overall, Young Optics has seen a recent increase in both total waste and hazardous waste, which may indicate growing operational pressures or insufficient controls on harmful materials.a