Hanjin Transportation Co., Ltd. Sustainability Profile
Hanjin Transportation Co., Ltd., a prominent player in the logistics and transportation industry, is headquartered in South Korea (KR). Established in 1945, the company has evolved significantly, marking key milestones in its journey towards becoming a leader in freight forwarding and supply chain management. With a strong operational presence across Asia, Europe, and North America, Hanjin offers a comprehensive range of services, including air and sea freight, logistics solutions, and warehousing. What sets Hanjin apart is its commitment to innovation and customer-centric solutions, ensuring efficient and reliable transportation services. Recognised for its robust market position, Hanjin Transportation continues to achieve notable milestones, solidifying its reputation as a trusted partner in global logistics.
DitchCarbon Score
How does Hanjin Transportation Co., Ltd.'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 Land Transportation 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
Hanjin Transportation Co., Ltd.'s score of 24 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hanjin Transportation Co., Ltd.'s reported carbon emissions
In 2023, Hanjin Transportation Co., Ltd. reported significant carbon emissions, totalling approximately 70,588,012,000 kg CO2e for Scope 1, 1,383,895,000 kg CO2e for Scope 2, and 7,419,787,000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions reached about 71,971,900,000 kg CO2e. The company has set a long-term reduction target of 30% by 2035, as part of its net zero roadmap, which was established in 2023. This commitment encompasses all scopes of emissions, reflecting Hanjin's proactive approach to climate action. In previous years, emissions were also substantial, with 2022 figures showing approximately 8,713,432,000 kg CO2e for Scope 1, 65,263,000 kg CO2e for Scope 2, and 1,975,406,000 kg CO2e for Scope 3. In 2021, emissions were even higher, with Scope 1 at about 77,101,095,000 kg CO2e, Scope 2 at 1,389,117,000 kg CO2e, and Scope 3 at 12,872,905,000 kg CO2e. Hanjin Transportation's emissions data is independently reported and does not appear to be cascaded from a parent company. The company is actively working towards reducing its carbon footprint and aligning with industry standards for climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 77,101,095,000 | 0,000,000,000 | 00,000,000,000 |
| Scope 2 | 1,389,117,000 | 00,000,000 | 0,000,000,000 |
| Scope 3 | 12,872,905,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Hanjin Transportation Co., Ltd.'s Industry?
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Hanjin Transportation Co., Ltd.'s Scope 3 Categories Breakdown
Hanjin Transportation Co., Ltd.'s Scope 3 emissions, which increased by 276% last year and decreased by approximately 42% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 9% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 37% of Scope 3 emissions.
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Hanjin Transportation Co., Ltd.'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.
Hanjin Transportation Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
