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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.
-6 vs industry average
Hanwha Solutions’s score of 25 is lower than 43% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chemicals is among the most carbon-intensive industries
The Chemicals industry has reduced its overall emissions by 19% since 2018
Scope 3 accounts for ••• of total emissions.
Hanwha Solutions, headquartered in KR and operating in the Chemicals nec industry, reported total Scope 1, 2, and 3 emissions of approximately 11.24 billion kg CO2e in 2024. This includes about 378.57 million kg CO2e from Scope 1, 2.12 billion kg CO2e from Scope 2, and 8.74 billion kg CO2e from Scope 3 emissions.
For 2023, the company's total Scope 1, 2, and 3 emissions were approximately 10.5 billion kg CO2e, comprising around 362.21 million kg CO2e for Scope 1, 2.11 billion kg CO2e for Scope 2, and 8.03 billion kg CO2e for Scope 3. In 2022, total Scope 1, 2, and 3 emissions were approximately 10.37 billion kg CO2e, with about 377.73 million kg CO2e from Scope 1, 2.06 billion kg CO2e from Scope 2, and 7.94 billion kg CO2e from Scope 3.
Hanwha Solutions has set a near-term target to reduce its Scope 1 and Scope 2 GHG emissions by 35% by 2030, using 2018 as the baseline year, as part of its 2050 Net Zero Roadmap. In 2018, the company's Scope 1 and 2 emissions totalled approximately 2.88 billion kg CO2e.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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