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Public Profile
Financial Intermediation
KR
updated 2 months ago

Hana Bank Co., Ltd. Sustainability Profile

Company website

Hana Bank Co., Ltd., commonly referred to as Hana Bank, is a leading financial institution headquartered in South Korea (KR). Established in 1971, the bank has grown to become a prominent player in the banking industry, with a strong presence in both domestic and international markets, including Asia and the Americas. Specialising in a wide range of financial services, Hana Bank offers retail banking, corporate banking, and investment services, distinguished by its commitment to customer-centric solutions and innovative digital banking platforms. The bank has achieved significant milestones, including its recognition as one of the top banks in South Korea, reflecting its robust market position and dedication to excellence. With a focus on enhancing customer experience and leveraging technology, Hana Bank continues to set itself apart in the competitive financial landscape, making it a trusted choice for individuals and businesses alike.

DitchCarbon Score

How does Hana Bank Co., Ltd.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

49

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

32

Industry Benchmark

Hana Bank Co., Ltd.'s score of 49 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

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Hana Bank Co., Ltd.'s reported carbon emissions

Inherited from Hana Financial Group Inc.

Hana Bank Co., Ltd., headquartered in South Korea (KR), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The bank's climate commitments and reduction initiatives are inherited from its parent company, Hana Financial Group Inc., which operates at a cascade level of 1. While there are no documented reduction targets or specific climate pledges from Hana Bank Co., Ltd. itself, it is important to note that the overarching climate strategies and performance metrics are derived from Hana Financial Group Inc. This includes participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which guide the bank's sustainability efforts. As a current subsidiary of Hana Financial Group Inc., Hana Bank is expected to align with the group's broader environmental goals, although specific targets and achievements at the bank level remain unspecified. The lack of direct emissions data highlights the need for further transparency in reporting and commitment to climate action within the banking sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2020202120222023
Scope 1
60,000
0,000,000
0,000,000
000,000
Scope 2
1,893,000
00,000,000
00,000,000
0,000,000
Scope 3
-
00,000,000
00,000,000
-

How Carbon Intensive is Hana Bank Co., Ltd.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hana Bank Co., Ltd.'s primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hana Bank Co., Ltd.'s Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hana Bank Co., Ltd. is in KR, which we do not have grid emissions data for.

Hana Bank Co., Ltd.'s Scope 3 Categories Breakdown

Hana Bank Co., Ltd.'s Scope 3 emissions, which decreased by 17% last year and decreased by approximately 17% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 18% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 67% of Scope 3 emissions.

Top Scope 3 Categories

2022
Use of Sold Products
67%
Employee Commuting
55%
Business Travel
22%
Purchased Goods and Services
8%
Capital Goods
3%
End-of-Life Treatment of Sold Products
2%
Upstream Transportation & Distribution
2%
Waste Generated in Operations
1%

Hana Bank Co., Ltd.'s Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Hana Bank Co., Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Hana Bank Co., Ltd.'s Emissions with Industry Peers

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•
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Updated 16 days ago

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•
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Citibank Korea Inc.

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Shinhan Bank

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Korea Development Bank

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•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

Laird plc

GB
•
Other Hydrocarbons
Updated 16 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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