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 53% 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 7,446,486,000 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 Scope 3 emissions are notably driven by the use of sold products, which accounted for about 3,309,699,000 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 20,368,000 kg CO2e and 43,895,000 kg CO2e, respectively. This indicates a substantial increase in Scope 3 emissions year-on-year. Hanwha has not disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The company has not reported any climate pledges or documented reduction targets, suggesting a need for enhanced climate action commitments. The emissions data is not cascaded from any parent organization, indicating that these figures are solely representative of Hanwha's own operations. The company is headquartered in South Korea (KR) and operates on a global scale, reflecting its extensive impact on carbon emissions.
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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.
