Hanwha AeroSpace Co Ltd

Common Name
Hanwha AeroSpace
Country
South Korea
Sector
Industrials
Industry
Aerospace & Defense
Employees
7,090
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 2024, 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 15 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hanwha AeroSpace’s Greenhouse Gas (GHG) Emissions 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. Explore Hanwha AeroSpace’s data sources below and access millions more through our Disclosure Search.

a. Hanwha AeroSpace's Sustainability Report 2025
a. Hanwha AeroSpace's Sustainability Report 2025
b. Hanwha AeroSpace's Sustainability Report 2022
b. Hanwha AeroSpace's Sustainability Report 2022

Insights into Hanwha AeroSpace's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hanwha AeroSpace amounted to 114,390 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 Hanwha AeroSpace increased by 11.8%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hanwha AeroSpace's Scope 1 Emissions Over Time

20192020202120222023202409.5 k19 k28.5 k38 ktCO2e-8%+11%+64%+327%+16%
  • Total Scope 1
  • Year-over-Year Change

What are Hanwha AeroSpace's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hanwha AeroSpace were 37,211 metric tons of CO₂ equivalent (tCO₂e). a

Has Hanwha AeroSpace reduced its Scope 1 emissions over time?

Since 2019, Hanwha AeroSpace's Scope 1 emissions have increased by 730.79%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Hanwha AeroSpace's Scope 1 emissions increased by 15.71%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hanwha AeroSpace's Scope 2 emissions?

In 2024, Hanwha AeroSpace reported Scope 2 greenhouse gas (GHG) emissions of 77,179 tCO₂e without specifying the calculation method. a

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 220.17%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Hanwha AeroSpace's Scope 2 emissions (Unspecified Calculation Method) rose by 10.01% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Hanwha AeroSpace use for Scope 2 reporting?

In 2024, Hanwha AeroSpace reported its Scope 2 emissions using an unspecified methodology. a

Hanwha AeroSpace's Scope 2 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hanwha AeroSpace's Value Chain Emissions

In 2024, Hanwha AeroSpace reported 487,282 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 Hanwha AeroSpace includes a breakdown across 15 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

Hanwha AeroSpace's Scope 3 Emissions Over Time

2022202320240150 k300 k450 k600 ktCO2e-10%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Hanwha AeroSpace's Scope 3 emissions?

In 2024, Hanwha AeroSpace reported total Scope 3 emissions of 487,282 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 42.45% of these emissions originated from upstream activities such as purchased goods and capital goods, while 57.55% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), 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. a

What categories of Scope 3 emissions does Hanwha AeroSpace disclose?

In 2024, Hanwha AeroSpace reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Hanwha AeroSpace's Scope 3 emissions were: a

  • Investments (Cat. 15): 192,899 tCO₂e (39.59%)
  • Purchased Goods and Services (Cat. 1): 140,651 tCO₂e (28.86%)
  • Use of Sold Products (Cat. 11): 80,246 tCO₂e (16.47%)

Hanwha AeroSpace's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(28.9%)Use of Sold Products(Cat. 11)(16.5%)Investments(Cat. 15)(39.6%)

Insights into Hanwha AeroSpace’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hanwha AeroSpace reported Scope 1 greenhouse gas (GHG) emissions of 37,211 tCO₂e and total revenues of USD 7,660 millions. This translates into an emissions intensity of 4.86 tCO₂e per millions USD. a

Hanwha AeroSpace's Scope 1 Emissions Intensity Compared to Peers

502,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HHHHCJ LogisticsYear: 2023Scope 1: 107,186 tCO2eRevenue: $M 9,209Scope 1 Intensity: 11.64 tCO2e/$MHMMYear: 2023Scope 1: 5,456,615 tCO2eRevenue: $M 6,574Scope 1 Intensity: 829.99 tCO2e/$MLIG Nex1Year: 2024Scope 1: 6,327 tCO2eRevenue: $M 2,233Scope 1 Intensity: 2.83 tCO2e/$MDL E&CYear: 2024Scope 1: 54,004 tCO2eRevenue: $M 5,669Scope 1 Intensity: 9.53 tCO2e/$MHHHD Hyundai Marine SolutionYear: 2024Scope 1: 210 tCO2eRevenue: $M 1,190Scope 1 Intensity: 0.18 tCO2e/$MSamsung C&TYear: 2023Scope 1: 100,589 tCO2eRevenue: $M 32,787Scope 1 Intensity: 3.07 tCO2e/$MHHHD Hyundai ElectricYear: 2024Scope 1: 6,818 tCO2eRevenue: $M 2,264Scope 1 Intensity: 3.01 tCO2e/$MSamsung SDIYear: 2024Scope 1: 282,108 tCO2eRevenue: $M 11,307Scope 1 Intensity: 24.95 tCO2e/$MDoosan BobcatYear: 2023Scope 1: 52,458 tCO2eRevenue: $M 7,637Scope 1 Intensity: 6.87 tCO2e/$MPan OceanYear: 2023Scope 1: 2,678,713 tCO2eRevenue: $M 3,413Scope 1 Intensity: 784.91 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MKorea Aerospace IndustriesYear: 2024Scope 1: 19,821 tCO2eRevenue: $M 2,476Scope 1 Intensity: 8.00 tCO2e/$MHD Hyundai Heavy IndustriesYear: 2024Scope 1: 309,407 tCO2eRevenue: $M 9,872Scope 1 Intensity: 31.34 tCO2e/$MDaewoo E&CYear: 2023Scope 1: 3,928 tCO2eRevenue: $M 9,116Scope 1 Intensity: 0.43 tCO2e/$MHD KSOEYear: 2024Scope 1: 3,201 tCO2eRevenue: $M 17,406Scope 1 Intensity: 0.18 tCO2e/$MSamsung Heavy IndustriesYear: 2024Scope 1: 315,969 tCO2eRevenue: $M 6,749Scope 1 Intensity: 46.82 tCO2e/$MDoosanYear: 2023Scope 1: 183,864 tCO2eRevenue: $M 14,971Scope 1 Intensity: 12.28 tCO2e/$MGS HoldingsYear: 2023Scope 1: 15,064,399 tCO2eRevenue: $M 20,330Scope 1 Intensity: 740.99 tCO2e/$MDoosan EnerbilityYear: 2024Scope 1: 196,452 tCO2eRevenue: $M 11,063Scope 1 Intensity: 17.76 tCO2e/$MHHHanwha OceanYear: 2024Scope 1: 202,343 tCO2eRevenue: $M 7,344Scope 1 Intensity: 27.55 tCO2e/$MLSYear: 2023Scope 1: 228,350 tCO2eRevenue: $M 19,158Scope 1 Intensity: 11.92 tCO2e/$MHanwha SystemsYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,910Scope 1 Intensity: 0.33 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MPosco InternationalYear: 2024Scope 1: 7,635,243 tCO2eRevenue: $M 22,040Scope 1 Intensity: 346.43 tCO2e/$MKorean Air LinesYear: 2024Scope 1: 13,323,760 tCO2eRevenue: $M 12,179Scope 1 Intensity: 1,094.03 tCO2e/$MHanwha AeroSpaceYear: 2024Scope 1: 37,211 tCO2eRevenue: $M 7,660Scope 1 Intensity: 4.86 tCO2e/$M

How does Hanwha AeroSpace's GHG emissions intensity compare to its peers?

In 2024, Hanwha AeroSpace reported a Scope 1 emissions intensity of 4.86 tCO₂e per millions USD. Compared to the peer group median of 11.92 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Hanwha AeroSpace rank on GHG emissions intensity within its industry?

In 2024, Hanwha AeroSpace ranked 8 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Hanwha AeroSpace is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Hanwha AeroSpace's Total Carbon Footprint

In 2024, Hanwha AeroSpace reported a total carbon footprint of 601,672 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.1% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Hanwha AeroSpace's total carbon footprint was Scope 3 emissions, accounting for 80.99% of the company's total carbon footprint, followed by Scope 2 emissions at 12.83%. a

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