Hanwha Corp

Common Name
Hanwha
Country
South Korea
Sector
Industrials
Industry
Conglomerates
Employees
11
Ticker
000880
Exchange
KOREA EXCHANGE
Description
Hanwha Corporation is a diversified South Korean conglomerate with prominent operations across a broad array of industries. Established in 1952, the company is recognized for its extensive involvement...

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 TypeScope of TargetUnitTargetTarget 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)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets 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'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.

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.

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.

As of 2023, Hanwha is ahead of schedule on its operational emissions reduction target, having achieved 81.08% of the planned reduction.

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

201920232030040 k80 k120 k160 kBaselineCurrent (-53%)Target 2030 (-66%)

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.

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.

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.

Hanwha's Value Chain (Scope 3) Emissions Pathway

20212022203001.5 M3 M4.5 M6 MCurrent (+8%)Target 2030 (-20%)
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