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 GHG Emissions Data Preview

In 2023, Hanwha 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 has also provided a category-level breakdown for 12 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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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hanwha amounted to 68,748 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hanwha increased by 6.98%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hanwha's Scope 1 Emissions Over Time

20192020202120222023035 k70 k105 k140 ktCO2e-88%+56%-17%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Hanwha's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hanwha were 21,389 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hanwha reduced its Scope 1 emissions over time?

Since 2019, Hanwha's Scope 1 emissions have decreased by 83.26%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hanwha's Scope 1 emissions increased by 5.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hanwha's Scope 2 emissions?

In 2023, Hanwha reported Scope 2 greenhouse gas (GHG) emissions of 47,359 tCOâ‚‚e without specifying the calculation method.

Has Hanwha reduced its Scope 2 emissions over time?

Since 2019, Hanwha's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hanwha 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Hanwha's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hanwha 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hanwha use for Scope 2 reporting?

In 2023, Hanwha reported its Scope 2 emissions using an unspecified methodology.

Hanwha's Scope 2 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hanwha's Value Chain Emissions

In 2023, Hanwha reported 7,446,486 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hanwha includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hanwha's Scope 3 Emissions Over Time

202020212022202302 M4 M6 M8 MtCO2e+297%+8%+76%
  • Total Scope 3
  • Year-over-Year Change

What are Hanwha's Scope 3 emissions?

In 2023, Hanwha reported total Scope 3 emissions of 7,446,486 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 40.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 59.76% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), Hanwha's Scope 3 emissions increased by 75.75%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Hanwha disclose?

In 2023, Hanwha reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Hanwha's Scope 3 emissions?

In 2023, the largest contributors to Hanwha's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 3,309,699 tCOâ‚‚e (44.45%)
  • Purchased Goods and Services (Cat. 1): 2,930,820 tCOâ‚‚e (39.36%)
  • Investments (Cat. 15): 1,060,714 tCOâ‚‚e (14.24%)

Hanwha's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(44.4%)Purchased Goods andServices (Cat. 1)(39.4%)Investments(Cat. 15)(14.2%)

Insights into Hanwha's Total Carbon Footprint

In 2023, Hanwha reported a total carbon footprint of 7,515,234 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 74.73% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hanwha's total carbon footprint was Scope 3 emissions, accounting for 99.09% of the company's total carbon footprint, followed by Scope 2 emissions at 0.63%.

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