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Hankook Tire, officially known as Hankook Tire & Technology Co., Ltd., is a leading player in the motor vehicles, trailers, and semi-trailers industry, headquartered in South Korea (KR). Founded in 1941, the company has established itself as a prominent manufacturer of high-quality tyres, catering to a diverse range of vehicles, including passenger cars, trucks, and buses.
With a strong presence in major operational regions such as North America, Europe, and Asia, Hankook Tire is renowned for its innovative products that combine performance, safety, and sustainability. The company’s commitment to research and development has led to significant milestones, including advancements in eco-friendly tyre technology. Recognised for its exceptional quality, Hankook holds a competitive market position, consistently earning accolades for its cutting-edge designs and reliable performance in various driving conditions.
+36 vs industry average
Hankook Tire’s score of 68 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Motor Vehicle Manufacturing has above-average carbon intensity
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Scope 3 accounts for ••• of total emissions.
Hankook Tire, headquartered in KR, reported its 2025 global Scope 1 emissions as approximately 215,708,000 kg CO2e, Scope 2 emissions (market-based) as around 879,824,000 kg CO2e, and Scope 3 emissions as about 30,700,912,000 kg CO2e.
Looking back, in 2024, the company's global Scope 1 emissions were roughly 243,616,000 kg CO2e, Scope 2 emissions (market-based) were approximately 865,598,000 kg CO2e, and Scope 3 emissions totalled about 29,569,918,000 kg CO2e. In 2023, these figures were approximately 247,224,000 kg CO2e for Scope 1, 854,375,000 kg CO2e for Scope 2 (market-based), and 29,418,944,000 kg CO2e for Scope 3.
Hankook Tire has committed to ambitious climate targets. The company aims to achieve net-zero emissions by 2050. As part of its near-term goals, aligned with the Science Based Targets initiative (SBTi), Hankook Tire plans to reduce its Scope 1 and 2 emissions by 46.2% by 2030, using 2019 as a baseline year. Additionally, the company is targeting a 27.5% reduction in Scope 3 emissions by 2030, also against a 2019 baseline. A longer-term goal includes a 50% reduction in greenhouse gas emissions (Scope 1 and 2) by 2050 compared to 2018 levels.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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