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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 Waste Data Preview

In 2024, 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)2024202320222021-2019
Total Waste Generated
45,412a
43,168a
36,973a
Total Waste Recovered
35,654a
34,866a
29,574a
Total Hazardous Waste Generated
7,349a
7,517a
6,407a
Non-Hazardous Waste Disposed
N/AN/AN/A
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Verified Sources Behind Hanon Systems’s Waste Management 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.

a. Hanon Systems's Sustainability Report 2024

Insights into Hanon Systems's Waste Treatment Practices

In 2024, Hanon Systems generated a total of 45,412metric tonnes of waste.a

Of this amount, 78.51% of Hanon Systems's total waste generated was recovered through methods such as recycling, reuse, or composting, while 21.49% was disposed of through landfilling, incineration, or combustion.a

Hanon Systems's Waste Recovery Rate

79%

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

In 2024, Hanon Systems reported a total waste generation of 45,412 metric tonnes, of which 78.51% was recovered through recycling, reuse, or composting.This high recovery rate suggests that Hanon Systems has implemented strong circular economy practices and actively prioritizes sustainable waste management.a

Has Hanon Systems reduced its environmental waste footprint over time?

Since 2022, Hanon Systems's total waste generation increased by 22.82%, including a 5.2%increase in 2024, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.a

Over the same period, Hanon Systems's waste recovery rate declined by 1.85%, with a further 2.79% drop in 2024, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.a

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

202220232024015 k30 k45 k60 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered
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