Waste management
Aware of the importance of effectively managing packaging and food waste to minimise environmental footprint, we seek to reduce waste and recycle it properly and safely.
Sustainable waste management is one of Magnit’s focus areas in its effort to minimise implications for the environment. The retail industry has a significant impact on the environment. We focus on preventing and minimising waste we generate, and introduce initiatives to maximise the amount of waste to be reused and recycled.
Effective waste management initiatives
- Improving packaging collection schemes
- Taking part in government initiatives for effective waste management
- Supporting initiatives to raise awareness of separate waste collection (educational programmes and separate waste collection at the Company’s sites)
- Enhancing the sustainable waste management mechanism
- Streamlining the collection and sorting of recyclables generated by business units
- Encouraging employees who collect waste separately and promote effective waste management
- Raising stakeholder awareness of the Company’s waste management process.
We pay special attention to make sure we maximise the volume of waste to be reused. We develop and launch projects to reduce our waste and also seek to increase the amount of waste recycled. Magnit sends for recycling almost all secondary materials generated in its operations: cardboard, paper, and plastics. Ramping up the collection and recycling of these types of waste is among the goals of our Sustainability Strategy. The total volume of waste sent for recycling and/or reuse in 2022 was 266,718.81 tonnes.