Hanwha Systems Co Ltd
Hanwha Systems's GHG Emissions Data Preview
In 2024, Hanwha Systems 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 Systems has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Hanwha Systems’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hanwha Systems's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Hanwha Systems amounted to 24,353.3 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 Systems increased by 10.67%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Hanwha Systems's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hanwha Systems's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hanwha Systems were 639.8 metric tons of CO₂ equivalent (tCO₂e). a
Has Hanwha Systems reduced its Scope 1 emissions over time?
Since 2021, Hanwha Systems's Scope 1 emissions have increased by 17.63%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Hanwha Systems's Scope 1 emissions increased by 7.57%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Hanwha Systems's Scope 2 emissions?
In 2024, Hanwha Systems reported Scope 2 greenhouse gas (GHG) emissions of 23,713.5 tCO₂e without specifying the calculation method. a
Has Hanwha Systems reduced its Scope 2 emissions over time?
Since 2021, Hanwha Systems's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 24.16%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Hanwha Systems's Scope 2 emissions (Unspecified Calculation Method) rose by 10.75% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does Hanwha Systems use for Scope 2 reporting?
In 2024, Hanwha Systems reported its Scope 2 emissions using an unspecified methodology. a
Hanwha Systems's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Hanwha Systems's Value Chain Emissions
In 2024, Hanwha Systems reported 1,661,118.4 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 Systems includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Hanwha Systems's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hanwha Systems's Scope 3 emissions?
In 2024, Hanwha Systems reported total Scope 3 emissions of 1,661,118.4 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 96.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.17% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does Hanwha Systems disclose?
In 2024, Hanwha Systems reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Hanwha Systems's Scope 3 emissions?
In 2024, the largest contributors to Hanwha Systems's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 1,602,915.9 tCO₂e (96.5%)
- Investments (Cat. 15): 52,681 tCO₂e (3.17%)
- Employee Commuting (Cat. 7): 2,323.8 tCO₂e (0.14%)
Hanwha Systems's Scope 3 Emissions by Categories
Insights into Hanwha Systems’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hanwha Systems reported Scope 1 greenhouse gas (GHG) emissions of 639.8 tCO₂e and total revenues of USD 1,910 millions. This translates into an emissions intensity of 0.33 tCO₂e per millions USD. a
Hanwha Systems's Scope 1 Emissions Intensity Compared to Peers
How does Hanwha Systems's GHG emissions intensity compare to its peers?
In 2024, Hanwha Systems reported a Scope 1 emissions intensity of 0.33 tCO₂e per millions USD. Compared to the peer group median of 9.83 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Hanwha Systems rank on GHG emissions intensity within its industry?
In 2024, Hanwha Systems ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Hanwha Systems among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Hanwha Systems's Total Carbon Footprint
In 2024, Hanwha Systems reported a total carbon footprint of 1,685,471.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7,559.04% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Hanwha Systems's total carbon footprint was Scope 3 emissions, accounting for 98.56% of the company's total carbon footprint, followed by Scope 2 emissions at 1.41%. a