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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.
-20 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.
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, a Chemicals nec company headquartered in KR, reported its 2023 carbon emissions. In 2023, Hanwha's Scope 1 emissions were 21,389,000 kg CO2e, and its Scope 2 emissions were 47,359,000 kg CO2e. The company's Scope 3 emissions in 2023 were approximately 7.45 billion kg CO2e. Key categories contributing to Scope 3 emissions included purchased goods and services (approximately 2.93 billion kg CO2e), use of sold products (approximately 3.31 billion kg CO2e), and investments (approximately 1.06 billion kg CO2e).
Looking back, in 2022, Hanwha's Scope 1 emissions were 20,368,000 kg CO2e, and Scope 2 emissions were 43,895,000 kg CO2e. Scope 3 emissions for 2022 were approximately 4.24 billion kg CO2e. In 2021, Scope 1 emissions were 24,553,000 kg CO2e, and Scope 2 emissions were 40,269,000 kg CO2e. Scope 3 emissions in 2021 were approximately 3.91 billion kg CO2e. For 2020, Hanwha reported Scope 1 emissions of 15,749,000 kg CO2e and Scope 2 emissions of 45,102,000 kg CO2e.
Hanwha's overall performance data is inherited from its parent company, Hanwha Group. The company has not publicly disclosed specific carbon reduction targets or commitments, such as Science Based Targets initiative (SBTi) targets or participation in the Climate Pledge.
No climate goals have been disclosed for Hanwha yet.
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