KPI for Measuring of % of Hazardous Operational Waste posted in category Manufacturing
KPI details:
This indicator is for measuring the hazardous operational waste as a % of the total waste. This is calculated by dividing the total hazardous operational waste by the total operational waste.This figure is used to respond to environmental protection laws, or to show the corporate responsibility ratio of the company. It is important to keep this KPI as low as possible, as many strategic measures can be put in place to ensure this.
A close monitoring of this figure is very important, as corporate social responsibility has become a must in the production market, and tends to give competitive advantage when positive.
Formula:
Total hazardous operational waste/ total operational waste x 100
KPI Unit: %
KPI Time Frame: update annually
Posted by KPI Expert | Help to protect community: Flag for moderation
Ideas suggested by WinningKPI community:
Here are comments:
Hazardous operational waste refers to any waste that represents a substantial or potential threat to the public health or the environment.
Statistics show that in 2008, the Manufactory Industry was responsible for 13.1 % of the total waste generation.
Let us take for example (please note numbers are hypothetical, only used for the purpose of this calculation – may differ in real life)
A chemical manufactory accounts for 3 tonnes of operational waste a year.
The hazardous waste accounts for 0.5 tonnes a year.
% Hazardous operational waste:
0.5 tonnes / 3 tonnes x 100 = 16.7 %
Therefore, approximately 17% of the company’s waste is hazardous.
Environmental laws and regulations require businesses to minimize this KPI as much as possible.
KPI Expert | September 13, 2012 at 9:33 am
Random KPI requests:
- KPI for: Measuring of Test Coverage % of Software Specifications -- Details: This indicator is for measurin... 1 comment - add ideas!
- KPI for: Measuring of Overall Equipment Effectiveness (OEE) -- This indicator is for measuring the over... 1 comment - add ideas!
- KPI for: Training Effectiveness -- This indicator is for measuring effectiv... 1 comment - add ideas!
- KPI for: Measuring of Security vulnerability density per line of code -- This indicator is for measuring the numb... 1 comment - add ideas!
- KPI for: Measuring of Time dedicated to Sales Activities as a % of All Company Activities -- This indicator is for measuring the time... 1 comment - add ideas!