Hanon Systems

Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
1,979
Ticker
018880
Exchange
KOREA EXCHANGE
Description
Hanon Systems is a global automotive supplier that specializes in thermal management solutions. The company's primary function is to deliver advanced systems that enhance vehicle climate control, powe...

Hanon Systems's Climate Target Data Preview

As of 2024, Hanon Systems has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target target, 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 Hanon Systems ’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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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2040
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e) per Metric Tonne (mt) of Unspecified Material Purchased
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a
2030
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Verified Sources Behind Hanon Systems’s Climate Targets Data

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a. Hanon Systems's Sustainability Report 2024
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Insights into Hanon Systems's Greenhouse Gas Emissions Pathways

As of 2024, Hanon Systems 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. a

Does Hanon Systems have a target to reduce the emissions from its operations?

As of 2024, Hanon Systems has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Hanon Systems's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 289,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, Hanon Systems is lagging behind on its operational emissions reduction target, having achieved 39.02% of the planned reduction. a

Hanon Systems's Operational (Scope 1+2) Emissions Pathway

201920242030075 k150 k225 k300 kBaselineCurrent (-20%)Target 2030 (-50%)
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