Hanwha

Hanwha's reported carbon emissions

Hanwha, headquartered in South Korea (KR), has reported its carbon emissions for several years, with the most recent data available for 2023. In 2023, Hanwha's total reported emissions reached approximately 7.51 billion kg CO2e. This total comprises: * **Scope 1 emissions:** Approximately 21.39 million kg CO2e. * **Scope 2 emissions:** Approximately 47.36 million kg CO2e. * **Scope 3 emissions:** Approximately 7.45 billion kg CO2e. A significant portion of these Scope 3 emissions is attributable to purchased goods and services (approximately 2.93 billion kg CO2e) and the use of sold products (approximately 3.31 billion kg CO2e). Earlier reporting shows fluctuations in emissions. In 2022, total emissions were approximately 4.29 billion kg CO2e, with Scope 1 at about 20.37 million kg CO2e, Scope 2 at about 43.90 million kg CO2e, and Scope 3 at about 4.24 billion kg CO2e. The previous year, 2021, saw total emissions of approximately 3.98 billion kg CO2e, broken down into Scope 1 of about 24.55 million kg CO2e, Scope 2 of about 40.27 million kg CO2e, and Scope 3 of about 3.91 billion kg CO2e. In 2020, Hanwha reported Scope 1 emissions of approximately 15.75 million kg CO2e and Scope 2 emissions of approximately 45.10 million kg CO2e, but Scope 3 data was not fully disclosed for that year. Hanwha's sustainability reports provide detailed breakdowns of its Scope 3 emissions across various categories, including purchased goods and services, use of sold products, investments, business travel, employee commute, and end-of-life treatment of sold products. The company's emission factors are reported in kg CO2e per KRW of revenue, reflecting its operational impact. Hanwha does not currently have documented specific reduction targets or commitments such as those from the Science Based Targets initiative (SBTi) or the Climate Pledge publicly available in this data. The company's climate strategy appears to focus on transparent reporting of its carbon footprint across all scopes. Performance data is inherited from "Hanwha Group" at cascade level 0, indicating it is part of the broader group's reporting structure.