Hana Financial Sustainability Profile
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 71% 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 greenhouse gas emissions of approximately 2,600,000 kg CO2e, comprising 275,000 kg CO2e from Scope 1 and about 2,325,000 kg CO2e from Scope 2 emissions. The company 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, a long-term goal is established to achieve a 75.4% reduction by 2040. Hana Financial is committed to net-zero emissions, with its portfolio targets covering 34% of total investment and lending activities as of 2020. These targets align with the Science Based Targets initiative (SBTi) and are designed to meet the requirements necessary to limit global warming to 1.5°C. The company is actively working towards these goals, reflecting its dedication to sustainability and climate responsibility. Overall, Hana Financial's emissions data and climate commitments demonstrate a proactive approach to reducing its carbon footprint and contributing to global climate goals.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| 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 Financial's Industry?
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Hana Financial's Scope 3 Categories Breakdown
Hana Financial'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.
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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.
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Frequently Asked Questions
Common questions about Hana Financial's sustainability data and climate commitments