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Hanwha Solutions Corp

Common Name
Hanwha Solutions
Country
South Korea
Sector
Technology
Industry
Solar
Employees
5,656
Ticker
009830
Exchange
Korea Exchange
Description
Hanwha Solutions Corp. is a prominent entity in the chemical and renewable energy sectors. As a multifaceted company, it plays a critical role in providing innovative solutions that cater to both conv...

Hanwha Solutions's Climate Target Data Preview

As of 2025, Hanwha Solutions has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, 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 Hanwha Solutions'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)
-35%a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-60%a
2040
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Hanwha Solutions’s Climate Targets Data

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a. Hanwha Solutions's Sustainability Report 2025

Insights into Hanwha Solutions's Greenhouse Gas Emissions Pathways

As of 2025, Hanwha Solutions has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Hanwha Solutions have a target to reduce the emissions from its operations?

As of 2025, Hanwha Solutions has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Hanwha Solutions's most ambitious operational target is to reduce these emissions by 60% by 2040, compared to a baseline of 2,802,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.a

As of 2024, Hanwha Solutions is lagging behind on its operational emissions reduction target, having achieved 17.93% of the planned reduction.a

Hanwha Solutions's Operational (Scope 1+2) Emissions Pathway

20182024203020400750 k1.5 M2.25 M3 MBaselineCurrent (-11%)Target 2030 (-35%)Target 2040 (-60%)
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