Hanwha Aerospace
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 38 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hanwha Aerospace's reported carbon emissions
In 2023, Hanwha Aerospace reported total carbon emissions of approximately 70,158,000 kg CO2e, comprising 32,160,000 kg CO2e from Scope 1, 70,158,000 kg CO2e from Scope 2, and 525,082,000 kg CO2e from Scope 3 emissions. This marked a significant increase in emissions compared to previous years, reflecting the company's growth and operational expansion. In 2022, the company recorded total emissions of about 40,210,000 kg CO2e, with Scope 1 emissions at 7,529,000 kg CO2e and Scope 2 emissions at 32,681,000 kg CO2e. The Scope 3 emissions for that year were substantial, reaching approximately 580,897,000 kg CO2e, indicating a considerable impact from their supply chain and product lifecycle. Despite the rising emissions, Hanwha Aerospace has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of documented reduction strategies suggests a need for enhanced climate commitments within the aerospace sector, particularly as global industries increasingly focus on sustainability and carbon neutrality. Overall, while Hanwha Aerospace's emissions data reflects their operational scale, the lack of defined reduction targets highlights an opportunity for the company to strengthen its climate commitments and align with industry standards for environmental responsibility.
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Get Started| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,646,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 22,796,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000 | 000,000,000 | 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 Aerospace is not committed to any 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.
