Hana Financial

Hana Financial's reported carbon emissions

Hana Financial Group, headquartered in KR and operating in the Services auxiliary to financial intermediation (67) sector, is committed to reducing its environmental impact. **Carbon Emissions Data:** * **2023:** Hana Financial Group reported total emissions of approximately 20,895,000 kg CO2e (or 20,895 tonnes CO2e). This figure includes Scope 1 emissions of about 7,816,000 kg CO2e (7,816 tonnes CO2e), Scope 2 emissions of approximately 61,403,000 kg CO2e (61,403 tonnes CO2e), and Scope 3 emissions of roughly 13,109,000 kg CO2e (13,109 tonnes CO2e). * **2022:** The group's total emissions were approximately 23,392,000 kg CO2e (23,392 tonnes CO2e), comprising Scope 1 emissions of about 7,687,000 kg CO2e (7,687 tonnes CO2e), Scope 2 emissions of approximately 59,883,000 kg CO2e (59,883 tonnes CO2e), and Scope 3 emissions of around 15,018,000 kg CO2e (15,018 tonnes CO2e). * **2021:** Total emissions for 2021 were approximately 25,869,000 kg CO2e (25,869 tonnes CO2e), with Scope 1 emissions at about 7,757,000 kg CO2e (7,757 tonnes CO2e), Scope 2 at approximately 61,160,000 kg CO2e (61,160 tonnes CO2e), and Scope 3 at roughly 18,112,000 kg CO2e (18,112 tonnes CO2e). * **2020:** In 2020, total emissions stood at approximately 19,384,000 kg CO2e (19,384 tonnes CO2e), consisting of Scope 1 emissions of about 9,189,000 kg CO2e (9,189 tonnes CO2e), Scope 2 emissions of approximately 60,886,000 kg CO2e (60,886 tonnes CO2e), and Scope 3 emissions of around 11,206,000 kg CO2e (11,206 tonnes CO2e). * **2019:** Total emissions for 2019 were approximately 21,477,000 kg CO2e (21,477 tonnes CO2e), with Scope 1 emissions at about 8,932,000 kg CO2e (8,932 tonnes CO2e), Scope 2 at approximately 60,025,000 kg CO2e (60,025 tonnes CO2e), and Scope 3 at roughly 11,545,000 kg CO2e (11,545 tonnes CO2e). **Climate Commitments and Reduction Targets:** Hana Financial Group has established significant climate commitments: * **Net Zero by 2050:** The group is pursuing a "ZERO & ZERO" strategy, aiming for net-zero carbon emissions across its business sites by 2050 and eliminating coal project financing. This initiative encompasses all affiliates achieving carbon neutrality and zeroing out coal project financing balances over the next 30 years. * **Science Based Targets initiative (SBTi):** Hana Financial Group has committed to SBTi and is working towards its net-zero goals. Their portfolio targets, as of 2020, cover 34% of their total investment and lending activities. They have also set near-term targets consistent with limiting warming to 1.5°C, with a target year of 2030 for Scope 1 and 2 emissions. * **Operational Emissions Reduction:** Hana Financial Group aims to cut operational emissions (Scope 1 and Scope 2) by 42% from the 2020 baseline level by the end of 2030. Furthermore, they have a long-term target to reduce operational emissions by 75.4% from the 2020 baseline by the end of 2040. This commitment reflects Hana Financial Group's dedication to sustainable practices within the financial intermediation sector.