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 70% 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 3,069,000,000 kg CO2e. This figure includes 64,480,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 48,081,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 3,029,916,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Despite the significant emissions reported, there are currently no specific reduction targets or climate pledges outlined by Hanwha Corporation. The company has not disclosed any initiatives related to the Science Based Targets initiative (SBTi) or other climate commitments. All emissions data is sourced directly from Hanwha Corporation, with no cascading from parent or related organizations. The company continues to operate within the global context of increasing corporate responsibility towards climate action, yet specific strategies for emissions reduction remain unspecified.
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| 2024 | |
|---|---|
| Scope 1 | 64,480,000 |
| Scope 2 | 48,081,000 |
| Scope 3 | 3,029,916,000 |
How Carbon Intensive is Hanwha Corporation's Industry?
How Carbon Intensive is Hanwha Corporation's Location?
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.
