Hana Financial
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.
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.
Industry Benchmark
Hana Financial's score of 53 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hana Financial's reported carbon emissions
In 2023, Hana Financial reported total carbon emissions of approximately 65,143,000 kg CO2e. This figure includes 7,370,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 57,773,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions totalled about 13,109,000 kg CO2e, encompassing various categories such as employee commuting (8,608,000 kg CO2e) and business travel (1,092,000 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. Furthermore, they plan to achieve a significant reduction of 75.4% by 2040. These targets are aligned with the Science Based Targets initiative (SBTi), which confirms that their emissions reduction strategies are consistent with the goal of limiting global warming to 1.5°C. The company’s portfolio targets cover 34% of its total investment and lending activities as of 2020, reflecting a commitment to addressing climate impacts across its operations. Hana Financial is a member of the BA1.5 initiative, reinforcing its dedication to sustainable finance practices. Overall, Hana Financial is actively working towards substantial emissions reductions while contributing to broader climate goals within the financial sector.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 7,971,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 55,975,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 11,206,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hana Financial is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
