Hanwha Solutions
Hanwha Solutions Corporation, a prominent player in the global energy and materials sector, is headquartered in South Korea (KR). Founded in 2018, the company has rapidly established itself as a leader in solar energy solutions, advanced materials, and chemical products. With a strong presence in Asia, Europe, and North America, Hanwha Solutions is committed to sustainability and innovation. The company’s core offerings include high-efficiency solar modules, eco-friendly materials, and cutting-edge chemical solutions, all designed to meet the evolving needs of its customers. Hanwha Solutions is recognised for its commitment to quality and technological advancement, positioning itself as a key contributor to the renewable energy landscape. Notable achievements include significant investments in solar technology and a robust portfolio that underscores its market leadership.
DitchCarbon Score
How does Hanwha Solutions'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 Solutions's score of 30 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hanwha Solutions's reported carbon emissions
In 2023, Hanwha Solutions reported total carbon emissions of approximately 6,789,036,000 kg CO2e, comprising 357,587,000 kg CO2e from Scope 1, 2,120,666,000 kg CO2e from Scope 2, and 6,789,036,000 kg CO2e from Scope 3 emissions. This reflects a continued commitment to transparency in their emissions reporting. Over the years, Hanwha Solutions has shown fluctuations in emissions, with a total of about 6,210,998,000 kg CO2e in 2020 and approximately 6,925,654,000 kg CO2e in 2021. The company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. The emissions data highlights the significant contribution of Scope 3 emissions, which accounted for the majority of their total emissions across the reported years. This underscores the importance of addressing supply chain and product lifecycle emissions in their climate strategy. Overall, while Hanwha Solutions has made strides in emissions reporting, the absence of defined reduction targets suggests an opportunity for enhanced climate action and commitment to sustainability in the future.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
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 Solutions 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.
