Hanon Systems
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.
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.
Industry Benchmark
Hanon Systems's score of 48 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hanon Systems's reported carbon emissions
In 2023, Hanon Systems reported significant carbon emissions, totalling approximately 3,166,614,000 kg CO2e across all scopes. This includes 49,346,000 kg CO2e from Scope 1, 207,697,000 kg CO2e from Scope 2, and a substantial 3,166,614,000 kg CO2e from Scope 3 emissions. The combined Scope 1 and 2 emissions amounted to about 257,043,000 kg CO2e. Hanon Systems has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% by 2030, using 2019 as the baseline year. Additionally, it plans to cut Scope 3 emissions from purchased goods and services by 55% per ton of purchased raw material within the same timeframe. For long-term goals, Hanon Systems is committed to reducing absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by 2040, again referencing 2019 as the baseline. 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 operates as a current subsidiary of Hankook Tire & Technology Co., Ltd., and its emissions data and climate commitments are cascaded from this corporate relationship. The company is actively working towards its sustainability goals, with a focus on engaging 70% of its customers by revenue to adopt science-based targets by 2028.
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| 2021 | 2023 | |
|---|---|---|
| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Hanon Systems is participating in some of the initiatives that 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.
