Public Profile

Hanwha Corporation

Hanwha Corporation, a leading South Korean conglomerate, is headquartered in Seoul, South Korea (KR). Founded in 1952, the company has established a strong presence across various industries, including defence, aerospace, solar energy, and chemicals. With a commitment to innovation, Hanwha has achieved significant milestones, such as becoming a key player in the global solar market. The corporation's core offerings include advanced defence systems, high-efficiency solar panels, and chemical products, all distinguished by their cutting-edge technology and sustainability focus. Hanwha's strategic investments and partnerships have solidified its market position, making it a notable contender in both domestic and international arenas. With a reputation for quality and reliability, Hanwha Corporation continues to drive progress in its diverse business sectors.

DitchCarbon Score

How does Hanwha Corporation'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.

19

Industry Average

Mean score of companies in the Chemicals 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.

2

Industry Benchmark

Hanwha Corporation's score of 19 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Hanwha Corporation's reported carbon emissions

In 2022, Hanwha Corporation reported total carbon emissions of approximately 4,236,881,000 kg CO2e, with emissions distributed across various scopes. Specifically, Scope 1 emissions were about 20,368,000 kg CO2e, and Scope 2 emissions totalled approximately 43,895,000 kg CO2e. The majority of their emissions, approximately 4,172,618,000 kg CO2e, fell under Scope 3, which includes categories such as purchased goods and services (about 1,743,325,000 kg CO2e) and the use of sold products (approximately 1,701,867,000 kg CO2e). Despite the significant emissions figures, there are currently no publicly disclosed reduction targets or climate pledges from Hanwha Corporation. The company has not specified any initiatives under the Science Based Targets initiative (SBTi) or other formal reduction commitments. This lack of defined targets highlights an area for potential improvement in their climate strategy, especially in the context of increasing global emphasis on corporate sustainability and emissions reduction.

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2022
Scope 1
20,368,000
Scope 2
43,895,000
Scope 3
4,236,881,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hanwha Corporation's primary industry is Chemicals nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Hanwha Corporation is headquartered in KR, which we do not have grid emissions data for.

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 Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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