Hanwha Aerospace Sustainability Profile
Hanwha Aerospace, a prominent player in the aerospace and defence industry, is headquartered in South Korea (KR). Founded in 1977, the company has established itself as a leader in the design and manufacturing of aircraft engines, aerospace components, and defence systems. With major operational regions across Asia, Europe, and North America, Hanwha Aerospace is well-positioned to meet the growing demands of the global market. The company’s core offerings include advanced propulsion systems and cutting-edge aerospace technologies, which are distinguished by their innovative design and high reliability. Hanwha Aerospace has achieved significant milestones, including partnerships with leading global aerospace firms and contributions to major defence projects. Its commitment to quality and technological advancement has solidified its reputation as a trusted name in the aerospace sector.
DitchCarbon Score
How does Hanwha Aerospace'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 Aviation Fuel 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 Aerospace's score of 37 is higher than 95% 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 Aerospace's reported carbon emissions
In 2024, Hanwha Aerospace, headquartered in South Korea (KR), reported total carbon emissions of approximately 37211000 kg CO2e for Scope 1, 77179000 kg CO2e for Scope 2, and a significant 487282000 kg CO2e for Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, covering all three scopes. The company has set ambitious reduction targets, aiming for an 81% reduction in Scope 1 and 2 emissions per unit by 2030, based on 2023 levels. Additionally, a more immediate target of a 29% reduction in the same scopes is also set for the same timeframe. These targets demonstrate Hanwha Aerospace's commitment to addressing its carbon footprint and aligning with industry standards for climate action. In the previous year, 2023, the emissions were recorded at 32160000 kg CO2e for Scope 1, 70158000 kg CO2e for Scope 2, and 525082000 kg CO2e for Scope 3, indicating a need for ongoing efforts to reduce emissions across all categories. Overall, Hanwha Aerospace's climate commitments reflect a proactive stance in tackling climate change, with a clear focus on significant reductions in greenhouse gas emissions in the coming years.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 4,646,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 22,796,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Hanwha Aerospace's Industry?
How Carbon Intensive is Hanwha Aerospace's Location?
Hanwha Aerospace's Scope 3 Categories Breakdown
Hanwha Aerospace's Scope 3 emissions, which decreased by 7% last year and decreased by approximately 16% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 29% of Scope 3 emissions.
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Hanwha Aerospace's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hanwha Aerospace has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
