Hanwha
Hanwha Corporation, a leading South Korean conglomerate, is headquartered in Seoul, South Korea (KR). Founded in 1952, Hanwha has evolved into a prominent player across various industries, including defence, energy, and construction. The company is renowned for its innovative solutions in solar energy, aerospace, and chemical manufacturing, setting it apart with a commitment to sustainability and technological advancement. With a strong presence in Asia, North America, and Europe, Hanwha has achieved significant milestones, such as becoming one of the world's largest solar energy providers. Its core products, including advanced solar panels and defence systems, are distinguished by their quality and cutting-edge technology. Hanwha's market position is bolstered by its dedication to research and development, making it a trusted name in the global marketplace.
DitchCarbon Score
How does Hanwha'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 Chemicals 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
Hanwha's score of 25 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hanwha's reported carbon emissions
In 2023, Hanwha reported total carbon emissions of approximately 7,484,800,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 7,446,486,000 kg CO2e. The company's Scope 1 emissions were about 21,389,000 kg CO2e, while Scope 2 emissions totalled approximately 47,359,000 kg CO2e. In comparison, in 2022, Hanwha's total emissions were approximately 4,236,881,000 kg CO2e, with Scope 3 emissions at about 4,236,881,000 kg CO2e, Scope 1 emissions at around 20,368,000 kg CO2e, and Scope 2 emissions at about 43,895,000 kg CO2e. Despite the substantial emissions figures, there are currently no specified reduction targets or climate pledges disclosed by Hanwha. The company has not outlined any specific initiatives aimed at reducing its carbon footprint, which may reflect broader industry challenges in addressing climate change. Overall, Hanwha's emissions data highlights the significant impact of Scope 3 emissions, indicating a need for comprehensive strategies to mitigate climate impact across its value chain.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 15,749,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 45,102,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 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.
Hanwha is not participating in any 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.
