Hankook Tire & Technology Co., Ltd., commonly known as Hankook Tire, is a leading global tyre manufacturer headquartered in South Korea (KR). Established in 1941, the company has grown to become a prominent player in the automotive industry, with significant operations across Asia, Europe, and North America. Hankook Tire is renowned for its innovative approach to tyre design and technology, offering a diverse range of products including passenger car tyres, truck and bus tyres, and high-performance tyres. The brand's commitment to quality and performance has earned it a strong market position, with notable achievements such as being the seventh-largest tyre manufacturer in the world. With a focus on sustainability and cutting-edge research, Hankook Tire continues to set industry standards, making it a preferred choice for drivers seeking reliability and excellence on the road.
How does Hankook Tire'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.
Mean score of companies in the Motor Vehicle 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.
Hankook Tire's score of 36 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hankook Tire reported total carbon emissions of approximately 30,000,000 kg CO2e across all scopes, with specific emissions of 247,224,000 kg CO2e from Scope 1 and 854,375,000 kg CO2e from Scope 2. The company has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. In previous years, Hankook's emissions data shows a significant reliance on Scope 2 emissions, particularly in regions such as China, where emissions reached about 204,916,000 kg CO2e in 2018. The company has made efforts to monitor and report its emissions, with a total of approximately 29,418,944,000 kg CO2e attributed to Scope 3 emissions in 2019, indicating a comprehensive approach to understanding its carbon footprint. Hankook Tire's commitment to addressing climate change is evident through its ongoing emissions reporting, although specific reduction targets have not been established. The company continues to focus on transparency in its environmental impact, aligning with industry standards for climate accountability.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 250,853,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 888,285,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 Tire is not committed to any reduction initiatives 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.