HannStar Display Corporation Sustainability Profile
HannStar Display Corporation, often referred to as HannStar, is a prominent player in the display manufacturing industry, headquartered in Taiwan (TW). Established in 1998, the company has carved a niche in the production of high-quality LCD panels and modules, serving a diverse range of applications from consumer electronics to industrial displays. With major operational regions across Asia, HannStar has consistently focused on innovation and quality, leading to significant milestones in technology development. Their core products include advanced LCD displays that are renowned for their reliability and performance, setting them apart in a competitive market. HannStar's commitment to excellence has positioned it as a key supplier for global brands, contributing to its reputation as a trusted name in display solutions. The company continues to push the boundaries of display technology, ensuring it remains at the forefront of the industry.
DitchCarbon Score
How does HannStar Display Corporation'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 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.
Industry Benchmark
HannStar Display Corporation's score of 41 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HannStar Display Corporation's reported carbon emissions
In 2023, HannStar Display Corporation reported total greenhouse gas emissions of approximately 226,388,590 kg CO2e across all scopes. This includes about 18,664,640 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and approximately 261,086,680 kg CO2e from Scope 2 emissions, which are indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, accounted for about 226,388,590 kg CO2e. HannStar has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 30% by 2030, using 2020 as the base year. The company also targets achieving net zero emissions across all scopes by 2050. These commitments reflect a proactive approach to climate action, aligning with industry standards for sustainability and emissions reduction. In 2022, the company reported total emissions of approximately 339,013,900 kg CO2e, indicating a need for significant reductions to meet their targets. The emissions data for 2021 showed a total of about 389,556,290 kg CO2e, further highlighting the scale of the challenge ahead. HannStar's climate strategy is not only focused on immediate reductions but also on long-term sustainability goals, demonstrating a commitment to addressing climate change effectively.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 106,857,820 | 00,000,000 | 00,000,000 |
| Scope 2 | 282,698,470 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 |
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HannStar Display Corporation's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 97% of Scope 3 emissions.
Top Scope 3 Categories
HannStar Display Corporation'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.
HannStar Display Corporation 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.
