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 37 is higher than 92% 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 reported total carbon emissions of approximately 37211000 kg CO2e for Scope 1, 77179000 kg CO2e for Scope 2, and 487282000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and 2 emissions reached about 114383000 kg CO2e. The Scope 3 emissions included significant contributions from purchased goods and services (approximately 140651000 kg CO2e) and capital goods (about 31565000 kg CO2e). For 2023, the company recorded emissions of about 32160000 kg CO2e for Scope 1, 70158000 kg CO2e for Scope 2, and 525082000 kg CO2e for Scope 3, with a total of approximately 102318000 kg CO2e for Scope 1 and 2 combined. The Scope 3 emissions were notably high, with the use of sold products accounting for approximately 238153000 kg CO2e. Hanwha Aerospace has set ambitious climate commitments, 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 targets reflect the company's commitment to sustainability and align with industry standards for greenhouse gas reduction. The emissions data is sourced directly from Hanwha Aerospace Co., Ltd., with no cascading from a parent or related organization. The company actively discloses its emissions across all relevant scopes, demonstrating transparency in its climate impact reporting.
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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 |
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 participating in any of the initiatives that 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.
