Hankook Tire
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.
+21 vs industry average
Hankook Tire’s score of 51 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 8% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hankook Tire's reported carbon emissions
Hankook Tire, headquartered in KR and operating within the motor vehicles, trailers and semi-trailers industry, has established comprehensive climate commitments. For the reporting year 2024, the company reported total global emissions of approximately 31.63 billion kg CO2e. This figure comprises Scope 1 emissions of approximately 243.62 million kg CO2e, Scope 2 emissions of approximately 865.60 million kg CO2e, and Scope 3 emissions amounting to approximately 29.57 billion kg CO2e. Looking at previous years, Hankook Tire's total global emissions for 2023 were approximately 31.52 billion kg CO2e, with Scope 1 at 247.22 million kg CO2e, Scope 2 at 854.38 million kg CO2e, and Scope 3 at 29.42 billion kg CO2e. In 2022, total global emissions were approximately 31.26 billion kg CO2e, including Scope 1 at 248.40 million kg CO2e, Scope 2 at 904.46 million kg CO2e, and Scope 3 at 29.10 billion kg CO2e. For 2021, total global emissions were approximately 32.23 billion kg CO2e, with Scope 1 at 245.51 million kg CO2e, Scope 2 at 885.29 million kg CO2e, and Scope 3 at 30.90 billion kg CO2e. Hankook Tire is committed to achieving net-zero emissions by 2050. As part of its near-term strategy, the company aims to reduce its Scope 1 and 2 emissions by 46.2% and its Scope 3 emissions by 27.5% by 2030, using 2019 as the baseline year. Additional targets include a 50% reduction in greenhouse gas emissions by 2050 compared to 2018 levels. The company's disclosed scopes for reporting include 1, 2, and 3, indicating a commitment to a holistic approach to emissions management.
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Hankook Tire’s Climate Goals (2030 & 2050)
5 goals2050
50% reduction in Scope 2
The company's particularly ambitious goals include the use of 100% sustainable materials and a 50% reduction in greenhouse gas emissions by…
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.
See all 5 climate goals
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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