Hanwha AeroSpace Co Ltd

Common Name
Hanwha AeroSpace
Country
South Korea
Sector
Industrials
Industry
Aerospace & Defense
Employees
6,107
Ticker
012450
Exchange
KOREA EXCHANGE
Description
Hanwha Aerospace Co., Ltd. is a prominent player in the aerospace and defense industry. Established as an essential arm of the Hanwha Group, it specializes in the design, manufacturing, and maintenanc...

Hanwha AeroSpace's GHG Emissions Data Preview

In 2023, Hanwha AeroSpace 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).

Hanwha AeroSpace has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hanwha AeroSpace's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hanwha AeroSpace amounted to 102,318 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hanwha AeroSpace increased by 154.46%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hanwha AeroSpace's Scope 1 Emissions Over Time

2019202020212022202308.5 k17 k25.5 k34 ktCO2e-8%+11%+64%+327%
  • Total Scope 1
  • Year-over-Year Change

What are Hanwha AeroSpace's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hanwha AeroSpace were 32,160 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hanwha AeroSpace reduced its Scope 1 emissions over time?

Since 2019, Hanwha AeroSpace's Scope 1 emissions have increased by 618.02%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hanwha AeroSpace's Scope 1 emissions increased by 327.15%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hanwha AeroSpace's Scope 2 emissions?

In 2023, Hanwha AeroSpace reported Scope 2 greenhouse gas (GHG) emissions of 70,158 tCOâ‚‚e without specifying the calculation method.

Has Hanwha AeroSpace reduced its Scope 2 emissions over time?

Since 2019, Hanwha AeroSpace's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 191.04%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hanwha AeroSpace's Scope 2 emissions (Unspecified Calculation Method) rose by 114.68% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Hanwha AeroSpace use for Scope 2 reporting?

In 2023, Hanwha AeroSpace reported its Scope 2 emissions using an unspecified methodology.

Hanwha AeroSpace's Scope 2 Emissions Over Time

20192020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hanwha AeroSpace's Value Chain Emissions

In 2023, Hanwha AeroSpace reported 525,082 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hanwha AeroSpace includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hanwha AeroSpace's Scope 3 Emissions Over Time

202220230150 k300 k450 k600 ktCO2e-10%
  • Total Scope 3
  • Year-over-Year Change

What are Hanwha AeroSpace's Scope 3 emissions?

In 2023, Hanwha AeroSpace reported total Scope 3 emissions of 525,082 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 30.9% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.1% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Hanwha AeroSpace's Scope 3 emissions remained relatively stable, indicating that Hanwha AeroSpace 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Hanwha AeroSpace disclose?

In 2023, Hanwha AeroSpace reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Hanwha AeroSpace's Scope 3 emissions?

In 2023, the largest contributors to Hanwha AeroSpace's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 238,153 tCOâ‚‚e (45.36%)
  • Investments (Cat. 15): 120,835 tCOâ‚‚e (23.01%)
  • Purchased Goods and Services (Cat. 1): 96,093 tCOâ‚‚e (18.3%)

Hanwha AeroSpace's Scope 3 Emissions by Categories

Investments(Cat. 15)(23.0%)Purchased Goods andServices (Cat. 1)(18.3%)Use of Sold Products(Cat. 11)(45.4%)

Insights into Hanwha AeroSpace's Total Carbon Footprint

In 2023, Hanwha AeroSpace reported a total carbon footprint of 627,400 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.01% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hanwha AeroSpace's total carbon footprint was Scope 3 emissions, accounting for 83.69% of the company's total carbon footprint, followed by Scope 2 emissions at 11.18%.

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