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OrganisationsHanwha
Hanwha logo

Hanwha

ChemicalsSouth KoreaKSC: 000880.KS
Last verified 25 days agohanwha.com

Hanwha Corporation, a prominent player in the chemicals nec industry, is headquartered in South Korea (KR) and operates extensively across Asia, Europe, and the Americas. Founded in 1952, Hanwha has evolved into a diversified conglomerate, with significant milestones that underscore its growth and innovation in the chemical sector.

The company specialises in a range of core products, including advanced materials, specialty chemicals, and eco-friendly solutions, which distinguish it in a competitive market. Hanwha's commitment to sustainability and technological advancement has positioned it as a leader in the industry, earning recognition for its innovative approaches and high-quality offerings. With a strong market presence, Hanwha continues to drive progress in the chemicals sector, contributing to various industries worldwide.

12
DitchCarbon score

-17 vs industry average

Hanwha’s score of 12 is lower than 21% 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 – 2026

0.0B0.0B0.0B0.0B0

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2020202120222023202420252026

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's reported carbon emissions

Hanwha, a South Korean chemicals company, has reported its carbon emissions for recent years. In 2023, the company's total emissions were approximately 765.6 million kg CO2e, encompassing Scope 1, 2, and 3 emissions. Scope 3 emissions constituted the largest portion, amounting to about 7.4 billion kg CO2e, with significant contributions from purchased goods and services (approximately 2.9 billion kg CO2e) and the use of sold products (approximately 3.3 billion kg CO2e). Scope 1 emissions were approximately 21.4 million kg CO2e, and Scope 2 emissions were about 47.4 million kg CO2e.

In 2022, Hanwha reported total emissions of approximately 4.3 billion kg CO2e. Scope 3 emissions were about 4.2 billion kg CO2e, with purchased goods and services accounting for approximately 1.7 billion kg CO2e and the use of sold products for about 1.7 billion kg CO2e. Scope 1 emissions stood at approximately 20.4 million kg CO2e, and Scope 2 emissions were around 43.9 million kg CO2e.

For 2021, Hanwha's total emissions were approximately 4 billion kg CO2e. This included Scope 3 emissions of about 3.9 billion kg CO2e, with purchased goods and services at approximately 1.6 billion kg CO2e and the use of sold products at about 1.6 billion kg CO2e. Scope 1 emissions were approximately 24.6 million kg CO2e, and Scope 2 emissions were about 40.3 million kg CO2e.

In 2020, Hanwha disclosed Scope 1 and Scope 2 emissions totalling approximately 60.9 million kg CO2e, with Scope 1 emissions at about 15.7 million kg CO2e and Scope 2 emissions at around 45.1 million kg CO2e. Scope 3 data was not available for this year, with a noted data gap for purchased goods and services.

Hanwha's climate commitments are managed at the group level, with performance data inherited from Hanwha Group. The company has not publicly disclosed specific reduction targets or commitments such as Science Based Targets initiative (SBTi) alignment or participation in the Climate Pledge.

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Hanwha’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Hanwha yet.

Scope 3 top emissions categories

12 of 15 categories disclosed
Use of Sold Products44%
Purchased Goods & Services39%
Investments14%
End-of-Life Treatment1%
Upstream Transportation & Distribution0%
Downstream Leased Assets0%
Waste Generated in Operations0%
Business Travel0%
Use of Sold Products44%
Purchased Goods & Services39%
Investments14%
End-of-Life Treatment1%
Upstream Transportation & Distribution0%
Downstream Leased Assets0%
Waste Generated in Operations0%
Business Travel0%

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Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hanwha logoHanwha
KRChemicals
25 days ago
12
Siemens logoSiemens
DEAutomatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use
5 days ago
100
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Schneider Electric logoSchneider Electric
FRPower, Distribution, and Specialty Transformer Manufacturing
18 hours ago
100
View
Abb logoAbb
CHSwitchgear and Switchboard Apparatus Manufacturing
5 days ago
93
View
Mitsubishi Electric logoMitsubishi Electric
JPother miscellaneous electrical equipment and components
2 days ago
87
View
Emerson Electric logoEmerson Electric
USSoftware and Other Prerecorded Compact Disc, Tape, and Record Reproducing
2 days ago
80
View
Samsung logoSamsung
KRSemiconductor and Related Device Manufacturing
2 days ago
76
View

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