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Hankook Tire & Technology Co Ltd
Hankook Tire & Technology's GHG Emissions Data Preview
In 2024, Hankook Tire & Technology completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Hankook Tire & Technology has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Hankook Tire & Technology’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hankook Tire & Technology’s data sources below and access millions more through our Disclosure Search.
Insights into Hankook Tire & Technology's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHankook Tire & Technology amounted to1,109,214metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Hankook Tire & Technologyincreased by 0.69%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Hankook Tire & Technology's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hankook Tire & Technology's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hankook Tire & Technology were 243,616 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Hankook Tire & Technology reduced its Scope 1 emissions over time?
Since 2019, Hankook Tire & Technology's Scope 1 emissions have decreased by 10.85%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Hankook Tire & Technology's Scope 1 emissions decreased by 1.46%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Hankook Tire & Technology's Scope 2 emissions?
In 2024, Hankook Tire & Technology reported Scope 2 greenhouse gas (GHG) emissions of 865,598 tCOâ‚‚e without specifying the calculation method.a
Has Hankook Tire & Technology reduced its Scope 2 emissions over time?
Since 2019, Hankook Tire & Technology's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 11.71%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Hankook Tire & Technology's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Hankook Tire & Technology's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Hankook Tire & Technology use for Scope 2 reporting?
In 2024, Hankook Tire & Technology reported its Scope 2 emissions using an unspecified methodology.a
Hankook Tire & Technology's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Hankook Tire & Technology's Value Chain Emissions
In 2024, Hankook Tire & Technology reported 29,569,918 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Hankook Tire & Technology includes a breakdown across 9of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Hankook Tire & Technology's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hankook Tire & Technology's Scope 3 emissions?
In 2024, Hankook Tire & Technology reported total Scope 3 emissions of 29,569,918 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 12.68%of these emissions originated from upstream activities such as purchased goods and capital goods, while 87.32%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Hankook Tire & Technology's Scope 3 emissions remained relatively stable, indicating that Hankook Tire & Technology's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Hankook Tire & Technology disclose?
In 2024, Hankook Tire & Technology reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Hankook Tire & Technology's Scope 3 emissions?
In 2024, the largest contributors to Hankook Tire & Technology's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 25,727,447 tCOâ‚‚e(87.01%)
- Purchased Goods and Services (Cat. 1): 2,717,292 tCOâ‚‚e(9.19%)
- Upstream Transportation and Distribution (Cat. 4): 524,571 tCOâ‚‚e(1.77%)
Hankook Tire & Technology's Scope 3 Emissions by Categories
Insights into Hankook Tire & Technology’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hankook Tire & Technology reported Scope 1 greenhouse gas (GHG) emissions of 243,616 tCOâ‚‚e and total revenues of USD 6,414 millions. This translates into an emissions intensity of 37.98 tCOâ‚‚e per millions USD.a
Hankook Tire & Technology's Scope 1 Emissions Intensity Compared to Peers
How does Hankook Tire & Technology's GHG emissions intensity compare to its peers?
In 2024, Hankook Tire & Technology reported a Scope 1 emissions intensity of 37.98 tCOâ‚‚e per millions USD. Compared to the peer group median of 9.13, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Hankook Tire & Technology rank on GHG emissions intensity within its industry?
In 2024, Hankook Tire & Technology ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Hankook Tire & Technology among the least efficient performers, with one of the highest emissions intensities in its sector.a
Insights into Hankook Tire & Technology's Total Carbon Footprint
In 2024, Hankook Tire & Technology reported a total carbon footprint of 30,679,132 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.52% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hankook Tire & Technology's total carbon footprint was Scope 3 emissions, accounting for 96.38% of the company's total carbon footprint, followed by Scope 2 emissions at 2.82%.a