Disclosure of sensitive information – There is a risk of throwing a bundle of paper into the trash can containing the password

I wondered if I'm in the company environment, with desks and computers. If I accidentally throw a pile of paper with a password into the Recycle Bin, which is a pre-shared password that an employee should use for their multiple use of a session in their Employee Dashboard with their own password.

Is garbage diving excluded in such a situation (only for insiders)?