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Hanwha Aerospace, a prominent player in the aviation gasoline industry, is headquartered in South Korea (KR) and operates across various regions globally. Founded in 1977, the company has established itself as a leader in the production and supply of high-quality aviation fuels, catering to both commercial and military sectors.
With a commitment to innovation, Hanwha Aerospace offers a range of core products, including advanced aviation gasoline and specialised fuel solutions that meet stringent international standards. Their unique formulations enhance engine performance and efficiency, setting them apart in a competitive market.
Recognised for its technological advancements and sustainable practices, Hanwha Aerospace continues to strengthen its market position, contributing significantly to the global aviation fuel landscape.
+20 vs industry average
Hanwha Aerospace’s score of 35 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aviation Fuel is among the most carbon-intensive industries
The Aviation Fuel industry has reduced its overall emissions by 23% since 2018
Scope 3 accounts for ••• of total emissions.
Hanwha Aerospace, a South Korea-based company in the Aviation Gasoline industry, reported its carbon emissions for 2024 as approximately 601,672,000 kg CO2e. This includes Scope 1 emissions of 37,211,000 kg CO2e, Scope 2 emissions of 77,179,000 kg CO2e, and Scope 3 emissions of 487,282,000 kg CO2e.
Looking at previous years, their total emissions were approximately 627,400,000 kg CO2e in 2023, and 621,080,000 kg CO2e in 2022. For 2021, Hanwha Aerospace disclosed Scope 1 emissions of 4,586,000 kg CO2e and Scope 2 emissions of 25,639,000 kg CO2e. In 2020, Scope 1 emissions were 4,847,000 kg CO2e and Scope 2 emissions were 25,218,000 kg CO2e. For 2019, they reported Scope 1 emissions of 4,479,000 kg CO2e and Scope 2 emissions of 24,106,000 kg CO2e. In 2018, Scope 1 emissions were 4,646,000 kg CO2e and Scope 2 emissions were 22,796,000 kg CO2e.
Hanwha Aerospace has set a near-term intensity target to reduce Scope 1 and Scope 2 emissions by 29% by 2030 (per unit), compared to 2023 levels. Additionally, they aim to reduce all scopes of emissions by 19.02% by 2030, based on a 2023 baseline of CO2 equivalent per South Korean Won of Revenue. All reported emissions and targets are direct from Hanwha Aerospace Co., Ltd.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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