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Aviation Fuel
KR
updated 2 months ago

Hanwha Aerospace Sustainability Profile

Company website

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.

40

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.

17

Industry Benchmark

Hanwha Aerospace's score of 40 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

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Hanwha Aerospace's reported carbon emissions

In 2024, Hanwha Aerospace reported total carbon emissions of approximately 601.7 million kg CO2e, comprising 37,211,000 kg CO2e from Scope 1, 77,179,000 kg CO2e from Scope 2, and 487,282,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive assessment of their greenhouse gas emissions across all relevant 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 has been established for the same timeframe. These commitments demonstrate Hanwha Aerospace's proactive approach to mitigating its environmental impact and aligning with industry standards for climate action. The emissions data is sourced directly from Hanwha Aerospace Co., Ltd., with no cascading from a parent organization. The company is committed to transparency and accountability in its sustainability efforts, as evidenced by its detailed reporting and reduction initiatives.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
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?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hanwha Aerospace's primary industry is Aviation Fuel, which is very high in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hanwha Aerospace's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Hanwha Aerospace is in KR, which we do not have grid emissions data for.

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.

Top Scope 3 Categories

2024
Purchased Goods and Services
29%
Capital Goods
6%
Fuel and Energy Related Activities
3%

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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