Hanwha Solutions Sustainability Profile
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 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Hanwha Solutions's reported carbon emissions
In 2024, Hanwha Solutions, headquartered in South Korea (KR), reported total greenhouse gas emissions of approximately 4.68 billion kg CO2e. This figure includes about 3.93 billion kg CO2e from Scope 1 emissions and approximately 753.7 million kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its greenhouse gas emissions by 35% compared to 2018 levels by the year 2030, as part of its 2050 Net Zero Roadmap. In 2023, Hanwha Solutions recorded total emissions of about 4.57 billion kg CO2e, with Scope 1 emissions at approximately 3.79 billion kg CO2e and Scope 2 emissions around 785.1 million kg CO2e. The company has not disclosed any Scope 3 emissions data for the years reported. The reduction targets are classified as absolute and apply to both Scope 1 and Scope 2 emissions. Hanwha Solutions is committed to achieving these targets as part of its broader sustainability strategy, which is aligned with industry standards for climate action. The company has not inherited emissions data from any parent organization, ensuring that its reported figures are independently verified.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
How Carbon Intensive is Hanwha Solutions's Industry?
How Carbon Intensive is Hanwha Solutions's Location?
Hanwha Solutions's Scope 3 Categories Breakdown
Hanwha Solutions's Scope 3 emissions, which increased by 1% last year and increased by approximately 52% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 73% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 71% of Scope 3 emissions.
Top Scope 3 Categories
Hanwha Solutions'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 Solutions 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.
LERRI Solar Technology Co., Ltd.
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.