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Public Profile
Motor Vehicle Manufacturing
KR
updated a month ago

Hanon Systems Sustainability Profile

Company website

Hanon Systems, a leading global provider of thermal and energy management solutions, is headquartered in South Korea (KR). Founded in 1986, the company has established a strong presence in the automotive industry, specialising in innovative products such as climate control systems, powertrain cooling solutions, and electric vehicle components. With a commitment to sustainability and efficiency, Hanon Systems has achieved significant milestones, including advancements in lightweight materials and smart thermal management technologies. The company operates in key regions worldwide, including North America, Europe, and Asia, positioning itself as a trusted partner for major automotive manufacturers. Recognised for its cutting-edge solutions and dedication to quality, Hanon Systems continues to enhance vehicle performance and comfort, solidifying its reputation as a frontrunner in the automotive thermal management sector.

DitchCarbon Score

How does Hanon Systems'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.

49

Industry Average

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.

26

Industry Benchmark

Hanon Systems's score of 49 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Hanon Systems's reported carbon emissions

In 2023, Hanon Systems, headquartered in South Korea (KR), reported total greenhouse gas emissions of approximately 63,064,000 kg CO2e, comprising 3,764,000 kg CO2e from Scope 1 and 59,300,000 kg CO2e from Scope 2. This data reflects a commitment to transparency in emissions reporting, although no Scope 3 emissions data was disclosed for the KR region. Hanon Systems has set ambitious climate targets, committing to reduce absolute Scope 1 and Scope 2 GHG emissions by 50% by 2030 and by 90% by 2040, using 2019 as the base year. Additionally, the company aims to achieve a 90% reduction in absolute Scope 3 emissions within the same timeframe. For Scope 3 emissions from purchased goods and services, Hanon Systems targets a 55% reduction per ton of purchased raw material by 2030. The company has also pledged to reach net-zero greenhouse gas emissions across its entire value chain by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with the reductions required to limit global warming to 1.5°C. Hanon Systems' emissions data and climate commitments are cascaded from its parent organization, ensuring a cohesive approach to sustainability across its corporate family.

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20212023
Scope 1
54,716,000
00,000,000
Scope 2
227,244,000
000,000,000
Scope 3
1,919,321,000
0,000,000,000

How Carbon Intensive is Hanon Systems's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hanon Systems's primary industry is Motor Vehicle Manufacturing, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hanon Systems's Location?

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 Hanon Systems is in KR, which we do not have grid emissions data for.

Hanon Systems'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.

Hanon Systems has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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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Frequently Asked Questions

Common questions about Hanon Systems's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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