Hanwha Precision Machinery Co., Ltd. Sustainability Profile
Hanwha Precision Machinery Co., Ltd., headquartered in South Korea (KR), is a leading player in the precision machinery industry. Founded in 1952, the company has established a strong presence in major operational regions across Asia and beyond. Specialising in advanced automation solutions, Hanwha Precision Machinery focuses on robotics, CNC machines, and precision components, which are renowned for their innovative technology and reliability. With a commitment to quality and efficiency, the company has achieved significant milestones, including numerous industry awards and recognitions. Hanwha Precision Machinery's core products are designed to enhance productivity and precision in manufacturing processes, making them a preferred choice for various sectors. As a prominent name in the market, Hanwha continues to drive advancements in precision engineering, solidifying its position as a trusted partner for businesses worldwide.
DitchCarbon Score
How does Hanwha Precision Machinery Co., Ltd.'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 Communication Equipment Manufacturing 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 Precision Machinery Co., Ltd.'s score of 52 is higher 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 Precision Machinery Co., Ltd., headquartered in South Korea (KR), currently does not report specific carbon emissions data, as no emissions figures are available. The company is a current subsidiary of Hanwha Aerospace Co., Ltd., which may influence its climate commitments and performance metrics. While there are no documented reduction targets or climate pledges from Hanwha Precision Machinery, it is important to note that emissions data and climate initiatives may be inherited from its parent company, Hanwha Aerospace Co., Ltd. This relationship suggests that any climate strategies or performance metrics could be aligned with those of Hanwha Aerospace, although specific details are not provided. As a part of the broader Hanwha Group, Hanwha Precision Machinery may benefit from the group's overarching sustainability goals, which typically include commitments to reducing carbon footprints and enhancing environmental performance. However, without specific data or targets, the company's individual climate commitments remain unclear.
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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 |
How Carbon Intensive is Hanwha Precision Machinery Co., Ltd.'s Industry?
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Hanwha Precision Machinery Co., Ltd.'s Scope 3 Categories Breakdown
Hanwha Precision Machinery Co., Ltd.'s Scope 3 emissions, which decreased by 7% last year and decreased by approximately 16% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 29% of Scope 3 emissions.
Top Scope 3 Categories
Hanwha Precision Machinery Co., Ltd.'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 Precision Machinery Co., Ltd. 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.
