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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hankook Tire & Technology amounted to 840,914 metric 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 & Technology decreased by 23.66%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Hankook Tire & Technology were 243,616 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Hankook Tire & Technology's Scope 1 emissions have decreased by 16.63%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
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
In 2024, Hankook Tire & Technology reported Scope 2 greenhouse gas (GHG) emissions of 592,431 tCO₂e using the market-based method and 597,298 tCO₂e using the location-based method. a
In 2024, Hankook Tire & Technology reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Hankook Tire & Technology reported 29,569,918 metric tons of CO₂ equivalent (tCO₂e) 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 9 of 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
In 2024, Hankook Tire & Technology reported total Scope 3 emissions of 29,569,918 metric tons of CO₂ equivalent (tCO₂e). 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
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.
In 2024, the largest contributors to Hankook Tire & Technology's Scope 3 emissions were: a
In 2024, Hankook Tire & Technology reported Scope 1 greenhouse gas (GHG) emissions of 243,616 tCO₂e and total revenues of USD 6,414 millions. This translates into an emissions intensity of 37.98 tCO₂e per millions USD. a
In 2024, Hankook Tire & Technology reported a Scope 1 emissions intensity of 37.98 tCO₂e per millions USD. Compared to the peer group median of 8.05 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, Hankook Tire & Technology ranked 24 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, Hankook Tire & Technology reported a total carbon footprint of 30,410,832 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.36% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Hankook Tire & Technology's total carbon footprint was Scope 3 emissions, accounting for 97.23% of the company's total carbon footprint, followed by Scope 2 emissions at 1.96%. a