Hanwha
Hanwha Corporation, a prominent player in the global market, is headquartered in Seoul, South Korea. Founded in 1952, the company has evolved into a diversified conglomerate, operating across various sectors including defence, aerospace, solar energy, and construction. With a strong presence in North America, Europe, and Asia, Hanwha has established itself as a leader in innovative solutions. The company is renowned for its cutting-edge solar technology and advanced defence systems, which set it apart in a competitive landscape. Notable achievements include significant advancements in renewable energy and strategic partnerships that enhance its market position. Hanwha's commitment to sustainability and innovation continues to drive its growth, making it a key player in the industries it serves.
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 27 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hanwha's reported carbon emissions
In 2023, Hanwha reported total greenhouse gas emissions of approximately 7.45 million tonnes CO2e, comprising 21.39 million tonnes from Scope 1, 47.36 million tonnes from Scope 2, and a significant 7.45 million tonnes from Scope 3 emissions. The Scope 3 emissions included various categories such as investments, use of sold products, and purchased goods and services, highlighting the extensive impact of their operations. Over recent years, Hanwha has made strides in reducing its carbon footprint. In 2020, the company recorded about 60.85 million tonnes CO2e for Scope 1 and 2 emissions, which decreased to approximately 68.75 million tonnes CO2e in 2023. This indicates a commitment to improving operational efficiency and reducing direct emissions. Hanwha's climate commitments are reflected in their participation in various sustainability initiatives, although specific reduction targets under frameworks like the Science Based Targets initiative (SBTi) have not been detailed. The company has received mixed scores in climate-related assessments, indicating areas for improvement in transparency and performance. Overall, Hanwha's emissions data and climate commitments demonstrate a proactive approach to addressing climate change, with ongoing efforts to enhance sustainability across its operations.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 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 | 984,497,000 | 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 committed to some reduction initiatives 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.
