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.
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.
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.
Hanwha's score of 25 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hanwha reported total carbon emissions of approximately 7,446,486,000 kg CO2e across all scopes. This includes 21,389,000 kg CO2e from Scope 1, 47,359,000 kg CO2e from Scope 2, and a significant 7,446,600,000 kg CO2e from Scope 3 emissions. The combined emissions from Scope 1 and 2 totalled about 68,748,000 kg CO2e. Comparatively, in 2022, Hanwha's emissions were approximately 4,236,881,000 kg CO2e for Scope 3, with Scope 1 and 2 emissions at about 64,263,000 kg CO2e. This indicates a notable increase in Scope 3 emissions year-on-year, reflecting the company's extensive supply chain and product use impacts. 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 places it in a challenging position within the industry context of increasing climate commitments. Overall, Hanwha's emissions data highlights the significant environmental impact of its operations, particularly in Scope 3, and underscores the need for robust climate action strategies moving forward.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.