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Hanwha Solutions Corporation, a prominent player in the chemicals nec industry, is headquartered in South Korea (KR) and operates across various regions globally. Founded in 1965, the company has established itself as a leader in sustainable chemical solutions, focusing on innovative materials and eco-friendly products.
With a diverse portfolio that includes advanced materials, solar energy solutions, and specialty chemicals, Hanwha Solutions is committed to enhancing quality of life while prioritising environmental responsibility. The company’s unique approach to integrating cutting-edge technology with sustainable practices has positioned it as a key competitor in the global market.
Notable achievements include significant advancements in solar energy technology and a strong commitment to reducing carbon emissions, reinforcing Hanwha Solutions' reputation as a forward-thinking leader in the chemicals sector.
25
DitchCarbon score
-7 vs industry average
Hanwha Solutions’s score of 25 is lower than 41% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very High
Chemicals is among the most carbon-intensive industries
Industry performance
0.523
20182025
The Chemicals industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Hanwha Solutions's reported carbon emissions
Hanwha Solutions, a Chemicals nec company headquartered in South Korea, reported total Scope 1, 2, and 3 emissions of approximately 11.25 billion kg CO2e in 2024. This includes about 378.57 million kg CO2e from Scope 1, approximately 2.12 billion kg CO2e from Scope 2, and about 8.74 billion kg CO2e from Scope 3 emissions.
For 2023, Hanwha Solutions reported approximately 10.5 billion kg CO2e in total Scope 1, 2, and 3 emissions, comprising about 362.21 million kg CO2e for Scope 1, approximately 2.11 billion kg CO2e for Scope 2, and about 8.03 billion kg CO2e for Scope 3. In 2022, the company's total Scope 1, 2, and 3 emissions were approximately 10.37 billion kg CO2e, with Scope 1 at about 377.73 million kg CO2e, Scope 2 at approximately 2.06 billion kg CO2e, and Scope 3 at approximately 7.94 billion kg CO2e.
Hanwha Solutions has set near-term climate commitments, aiming to reduce Scope 1 and Scope 2 GHG emissions by 35% by 2030, compared to 2018 levels. These targets are part of their 2050 Net Zero Roadmap.
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Hanwha Solutions’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
2025 disclosureSee details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Hanwha Solutions3 months ago
25
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