Hanon Systems

Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
1,988
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 Waste Data Preview

In 2023, Hanon Systems conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Hanon Systems's Waste Treatment Practices

In 2023, Hanon Systems generated a total of 45,596 metric tonnes of waste.

Of this amount, 63.06% of Hanon Systems's total waste generated was recovered through methods such as recycling, reuse, or composting, while 36.29% was disposed of through landfilling, incineration, or combustion.

Hanon Systems's Waste Recovery Rate

63%

How much of Hanon Systems's waste is recycled or recovered?

In 2023, Hanon Systems reported a total waste generation of 45,596 metric tonnes, of which 63.06% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Hanon Systems is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Hanon Systems reduced its environmental waste footprint over time?

Since 2021, Hanon Systems's total waste generation increased by 28.66%, including a 21.07% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.

Over the same period, Hanon Systems's waste recovery rate declined by 14.73%, with a further 18.75% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.

Overall, Hanon Systems is generating more waste while simultaneously backsliding on recovery efforts, both in the short and long term. This dual negative trend raises concerns about the company’s waste management priorities and its alignment with sustainability goals.

Hanon Systems’s Waste Recovery vs. Disposal Over Time

202120222023015 k30 k45 k60 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Hanon Systems’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Hanon Systems generated a total of 45,596 metric tonnes of waste.

Of this amount, 16.49% of Hanon Systems's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 83.51% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Hanon Systems’s Hazardous vs Non-Hazardous Waste Over Time

202120222023015 k30 k45 k60 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Hanon Systems reduced the environmental impact of its waste?

Since 2021, Hanon Systems's total waste generation increased by 28.66%, including a 21.07% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, Hanon Systems maintained relatively stable levels of hazardous waste in the long run, but saw a 3.09% drop in 2023, potentially signaling the beginning of a positive downward trend.

Overall, Hanon Systems's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

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