Retail waste management has been a perennial problem that haunts the retail industry. Not only does retail waste cost them money but it also causes serious environmental problems.
The most common types of retail waste include waste from packaging such as cardboard, plastics, papers, fillers, and general waste from customers. Discarded packaging and shipping materials are just the beginning of retail waste disposal problems. Returning items to the retailer or manufacturer produce a lot of waste since the original packaging just goes back to its origin.
CVS Health Corp (CVS Health) is a provider of health care and retail pharmacy services. The company offers prescription medications, health care products, beauty products, personal care products, and cosmetics. It markets through retail pharmacies, online retail pharmacy websites, onsite pharmacies, LTC pharmacies, and MinuteClinic clinics.
The total waste generated by CVS Health in 2021 was 5,640 tonnes, an increase of 32.02% over 2020. Of the total waste generated 2,430 tonnes of waste was recovered, including energy recovery (43% of the total waste generated), 1,780 tonnes of waste was recycled (32% of the total waste generated), 1,139 tonnes of waste was incinerated (20% of the total waste generated), and 291 tonnes of waste was sent to landfills (5% of the total waste generated).
CVS Health has provided total waste generation data for hazardous waste only in its ESG report
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