Hanwha Corporation Sustainability Profile
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.
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.
Industry Benchmark
Hanwha Corporation's score of 14 is lower than 71% 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 Corporation's reported carbon emissions
In 2024, Hanwha Corporation reported total carbon emissions of approximately 3.1 billion kg CO2e. This figure includes Scope 1 emissions of about 64.5 million kg CO2e, Scope 2 emissions of approximately 48.1 million kg CO2e, and Scope 3 emissions amounting to about 3 billion kg CO2e. The company has disclosed emissions data across all three scopes, demonstrating a comprehensive approach to tracking its carbon footprint. In 2020, Hanwha's emissions were significantly lower, with total emissions of approximately 95.5 million kg CO2e, comprising about 39.2 million kg CO2e from Scope 1 and approximately 56.3 million kg CO2e from Scope 2. Scope 3 emissions for that year included investments and other categories, totalling around 979.1 million kg CO2e. Despite the substantial emissions figures, Hanwha Corporation has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company is not reported to have cascaded emissions data from any parent organisation, maintaining its own independent reporting. Overall, Hanwha Corporation's emissions data reflects its operational scale and the challenges of managing carbon emissions across various scopes, while its lack of formal reduction commitments highlights an area for potential improvement in its sustainability strategy.
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| 2020 | 2024 | |
|---|---|---|
| Scope 1 | 39,165,000 | 00,000,000 |
| Scope 2 | 56,325,000 | 00,000,000 |
| Scope 3 | 984,497,490 | 0,000,000,000 |
How Carbon Intensive is Hanwha Corporation's Industry?
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Hanwha Corporation'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 Corporation 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.
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