Hana Financial

Hana Financial, a South Korean financial services provider, reported total carbon emissions of approximately 82.3 million kg CO2e in 2023. This includes Scope 1 emissions of 7.8 million kg CO2e, Scope 2 emissions of 61.4 million kg CO2e, and Scope 3 emissions of 13.1 million kg CO2e. For comparison, in 2022, their total emissions were about 82.6 million kg CO2e, comprising 7.7 million kg CO2e for Scope 1, 59.9 million kg CO2e for Scope 2, and 15.0 million kg CO2e for Scope 3.

Hana Financial is committed to reducing its operational emissions, targeting a 42% reduction in Scope 1 and Scope 2 emissions from a 2020 base year by the end of 2030. Looking further ahead, they aim for a 75.4% reduction in Scope 1 emissions from the 2020 base year by the end of 2040. The company has also made a long-term commitment to achieve net-zero carbon emissions across all scopes from their business operations by 2050, alongside a "ZERO&ZERO" initiative to achieve zero coal project financing. Hana Financial Group Inc. has near-term Science Based Targets initiative (SBTi) targets classified as 1.5°C, with a net-zero commitment. Their portfolio targets cover 34% of their total investment and lending activities as of 2020.