Public Profile

Hankook & Company Co., Ltd.

Hankook & Company Co., Ltd., headquartered in South Korea (KR), is a prominent player in the automotive industry, specialising in tyre manufacturing and related services. Founded in 1941, the company has evolved significantly, establishing a strong presence in major operational regions including North America, Europe, and Asia. Renowned for its innovative approach, Hankook offers a diverse range of products, including high-performance tyres for passenger cars, trucks, and buses. Their commitment to quality and cutting-edge technology sets them apart in a competitive market. With numerous accolades for excellence in design and performance, Hankook & Company has solidified its position as a leading tyre manufacturer, continually pushing the boundaries of automotive safety and efficiency.

DitchCarbon Score

How does Hankook & Company 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.

39

Industry Average

Mean score of companies in the Electrical Machinery Manufacturing 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.

24

Industry Benchmark

Hankook & Company Co., Ltd.'s score of 39 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

89%

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Hankook & Company Co., Ltd.'s reported carbon emissions

In 2023, Hankook & Company Co., Ltd. reported total greenhouse gas emissions of approximately 87,023,040 kg CO2e, comprising 13,014,590 kg CO2e from Scope 1 and 74,007,060 kg CO2e from Scope 2. This marks a slight increase from 2022, where total emissions were about 79,484,720 kg CO2e, with Scope 1 at 12,712,180 kg CO2e and Scope 2 at 66,772,530 kg CO2e. Hankook has set ambitious climate commitments, aiming for a 40% reduction in greenhouse gas emissions by 2030, using 2023 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the company has pledged to achieve net-zero emissions across its entire value chain by 2050, with interim targets of reducing absolute Scope 1 and 2 emissions by 46.2% and Scope 3 emissions by 27.5% by 2030, relative to a 2019 baseline. These commitments align with industry standards for climate action, demonstrating Hankook's dedication to sustainability and its proactive approach to mitigating climate change impacts.

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Access structured emissions data, company-specific emission factors, and source documents

202120222023
Scope 1
12,630,390
00,000,000
00,000,000
Scope 2
69,190,900
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hankook & Company Co., Ltd.'s primary industry is Electrical machinery and apparatus n.e.c. (31), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hankook & Company Co., Ltd. is in KR, which we do not have grid emissions data for.

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.

Hankook & Company Co., Ltd. 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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