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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2022 | |
---|---|
Scope 1 | 20,368,000 |
Scope 2 | 43,895,000 |
Scope 3 | 4,236,881,000 |
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.