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Public Profile
Services Auxiliary to Financial Intermediation
KR
updated 2 months ago

Hana Financial Sustainability Profile

Company website

Hana Financial, a prominent player in the financial services industry, is headquartered in South Korea (KR) and operates extensively across Asia. Founded in 1971, the company has established itself as a leader in banking, investment, and asset management, consistently innovating to meet the evolving needs of its clients. With a diverse portfolio of core products and services, including retail banking, corporate finance, and wealth management, Hana Financial distinguishes itself through its customer-centric approach and advanced technological solutions. The firm has achieved significant milestones, such as expanding its international presence and enhancing digital banking capabilities, solidifying its market position. Recognised for its commitment to excellence, Hana Financial continues to drive growth and deliver value, making it a trusted partner for individuals and businesses alike in the competitive financial landscape.

DitchCarbon Score

How does Hana Financial'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.

53

Industry Average

Mean score of companies in the Services Auxiliary to 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 Financial's score of 53 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 Financial's reported carbon emissions

In 2023, Hana Financial reported total carbon emissions of approximately 82.3 million kg CO2e, comprising 7.8 million kg CO2e from Scope 1, 61.4 million kg CO2e from Scope 2, and 13.1 million kg CO2e from Scope 3 emissions. This reflects a slight increase from 2022, where total emissions were approximately 82.6 million kg CO2e, with Scope 1 at 7.7 million kg CO2e, Scope 2 at 59.9 million kg CO2e, and Scope 3 at 15.0 million kg CO2e. Hana Financial has set ambitious reduction targets, aiming to cut operational emissions by 42% from 2020 levels by the end of 2030 for both Scope 1 and Scope 2 emissions. Additionally, they plan to achieve a more significant reduction of 75.4% by 2040. The company is also committed to net-zero emissions across all scopes by 2050, with their portfolio targets covering 34% of total investment and lending activities as of 2020. These commitments align with the Science Based Targets initiative (SBTi) and reflect Hana Financial's dedication to addressing climate change and reducing its carbon footprint in the financial sector.

Unlock detailed emissions data

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

2020202120222023
Scope 1
9,189,000
0,000,000
0,000,000
0,000,000
Scope 2
60,886,000
00,000,000
00,000,000
00,000,000
Scope 3
11,206,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is Hana Financial's Industry?

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

How Carbon Intensive is Hana Financial'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 Financial is in KR, which we do not have grid emissions data for.

Hana Financial's Scope 3 Categories Breakdown

Hana Financial's Scope 3 emissions, which decreased by 13% last year and increased by approximately 17% since 2020, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 16% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 83% of Scope 3 emissions.

Top Scope 3 Categories

2023
Business Travel
83%
Employee Commuting
66%
Purchased Goods and Services
9%
Use of Sold Products
8%
Capital Goods
3%
Upstream Transportation & Distribution
2%
End-of-Life Treatment of Sold Products
2%
Waste Generated in Operations
1%

Hana Financial'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 Financial 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 Financial's Emissions with Industry Peers

Shinhan Card Co., Ltd.

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 9 days ago

Meritz Capital Co., Ltd.

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Samsung Card Co., Ltd.

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 19 days ago

KB Capital Co., Ltd.

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Kyobo Life Insurance

KR
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 16 days ago

JB Woori Capital Co., Ltd

KR
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Frequently Asked Questions

Common questions about Hana Financial's sustainability data and climate commitments

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Where does DitchCarbon data come from?

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