Hana Financial Group Inc

Common Name
Hana Financial Group
Country
South Korea
Sector
Financial Services
Industry
Banks - Regional
Employees
103
Ticker
086790
Exchange
KOREA EXCHANGE
Description
Hana Financial Group Inc. is a leading financial services conglomerate based in South Korea. The group primarily offers banking, securities, insurance, and investment services, serving a diverse clien...

Hana Financial Group's Climate Target Data Preview

As of 2023, Hana Financial Group has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hana Financial Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hana Financial Group's Greenhouse Gas Emissions Pathways

As of 2023, Hana Financial Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Hana Financial Group have a target to reduce the emissions from its operations?

As of 2023, Hana Financial Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Hana Financial Group's most ambitious operational target is to reduce these emissions by 75% by 2040, compared to a baseline of 70,075 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2023, Hana Financial Group is lagging behind on its operational emissions reduction target, having achieved 1.63% of the planned reduction.

Hana Financial Group's Operational (Scope 1+2) Emissions Pathway

2020202320302040020 k40 k60 k80 kCurrent (-1%)Target 2030 (-42%)Target 2040 (-75%)

Does Hana Financial Group have a target to reduce the emissions from its value chain?

As of 2023, Hana Financial Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

Hana Financial Group's most ambitious value chain target is to reduce these emissions by 64.6% by 2040, compared to a baseline of 3,089,111 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing value chain emissions, Hana Financial Group has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Hana Financial Group's Value Chain (Scope 3) Emissions Pathway

202020232030204001.5 M3 M4.5 M6 MBaselineCurrent (+31%)Target 2030 (-33%)Target 2040 (-65%)
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