Hanwha Corp
Hanwha's Climate Target Data Preview
As of 2024, Hanwha 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 ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  b | 2030 |
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Verified Sources Behind Hanwha’s Climate Targets Data
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Insights into Hanwha's Greenhouse Gas Emissions Pathways
As of 2024, Hanwha has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b
Does Hanwha have a target to reduce the emissions from its operations?
As of 2024, Hanwha has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. b
Hanwha's most ambitious operational target is to reduce these emissions by 65.6% by 2030, compared to a baseline of 146,881 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. b
As of 2023, Hanwha is ahead of schedule on its operational emissions reduction target, having achieved 81.08% of the planned reduction. b
Hanwha's Operational (Scope 1+2) Emissions Pathway
Does Hanwha have a target to reduce the emissions from its value chain?
As of 2024, Hanwha has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol. a
Hanwha's most ambitious value chain target is to reduce these emissions by 20% by 2030, compared to a baseline of 3,870,591 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a
Instead of reducing value chain emissions, Hanwha has increased them, with 2022 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a