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 2024, 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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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hanwha’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hanwha’s data sources below and access millions more through our Disclosure Search.

a. Hanwha's Sustainability Report 2025
a. Hanwha's Sustainability Report 2025
b. Hanwha's Sustainability Report 2022
b. Hanwha's Sustainability Report 2022

Insights into Hanwha's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hanwha amounted to 112,561 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 increased by 80.01%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Hanwha's Scope 1 Emissions Over Time

201920202021202220232024035 k70 k105 k140 ktCO2e-88%+55%-18%+7%+205%
  • Total Scope 1
  • Year-over-Year Change

What are Hanwha's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hanwha were 64,480 metric tons of CO₂ equivalent (tCO₂e). a

Has Hanwha reduced its Scope 1 emissions over time?

Since 2019, Hanwha's Scope 1 emissions have decreased by 49.53%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Hanwha's Scope 1 emissions increased by 204.83%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Hanwha's Scope 2 emissions?

In 2024, Hanwha reported Scope 2 greenhouse gas (GHG) emissions of 48,081 tCO₂e without specifying the calculation method. a

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. a b

Compared to the previous year (2023), Hanwha's Scope 2 emissions (Unspecified Calculation Method) rose by 16.2% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Hanwha use for Scope 2 reporting?

In 2024, Hanwha reported its Scope 2 emissions using an unspecified methodology. a

Hanwha's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hanwha's Value Chain Emissions

In 2024, Hanwha reported 3,029,916 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 includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Hanwha's Scope 3 Emissions Over Time

2020202120222023202402 M4 M6 M8 MtCO2e+211%+17%+75%-52%
  • Total Scope 3
  • Year-over-Year Change

What are Hanwha's Scope 3 emissions?

In 2024, Hanwha reported total Scope 3 emissions of 3,029,916 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 60.99% of these emissions originated from upstream activities such as purchased goods and capital goods, while 39.01% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), Hanwha's Scope 3 emissions decreased by 51.79%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Hanwha disclose?

In 2024, Hanwha reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol. a

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 2024, the largest contributors to Hanwha's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 1,791,399 tCO₂e (59.12%)
  • Use of Sold Products (Cat. 11): 995,374 tCO₂e (32.85%)
  • Investments (Cat. 15): 124,364 tCO₂e (4.1%)

Hanwha's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(32.9%)Investments(Cat. 15)(4.1%)Purchased Goods andServices (Cat. 1)(59.1%)

Insights into Hanwha’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Hanwha reported Scope 1 greenhouse gas (GHG) emissions of 64,480 tCO₂e and total revenues of USD 37,923 millions. This translates into an emissions intensity of 1.7 tCO₂e per millions USD. a

Hanwha's Scope 1 Emissions Intensity Compared to Peers

2005,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)EHPEEEcoPro MaterialsYear: 2024Scope 1: 31,914 tCO2eRevenue: $M 204Scope 1 Intensity: 156.18 tCO2e/$MKPSYear: 2024Scope 1: 3,864 tCO2eRevenue: $M 1,061Scope 1 Intensity: 3.64 tCO2e/$MHyundai GlovisYear: 2024Scope 1: 3,362,338 tCO2eRevenue: $M 19,359Scope 1 Intensity: 173.68 tCO2e/$MLG Energy SolutionYear: 2024Scope 1: 355,030 tCO2eRevenue: $M 17,459Scope 1 Intensity: 20.33 tCO2e/$MSamsung C&TYear: 2023Scope 1: 100,589 tCO2eRevenue: $M 32,787Scope 1 Intensity: 3.07 tCO2e/$MCJYear: 2023Scope 1: 617 tCO2eRevenue: $M 32,286Scope 1 Intensity: 0.02 tCO2e/$MSamsung E&AYear: 2023Scope 1: 33,042 tCO2eRevenue: $M 8,315Scope 1 Intensity: 3.97 tCO2e/$MSKYear: 2024Scope 1: 9,891,457 tCO2eRevenue: $M 84,974Scope 1 Intensity: 116.41 tCO2e/$MDoosan BobcatYear: 2023Scope 1: 52,458 tCO2eRevenue: $M 7,637Scope 1 Intensity: 6.87 tCO2e/$MPan OceanYear: 2023Scope 1: 2,678,713 tCO2eRevenue: $M 3,413Scope 1 Intensity: 784.91 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MKorea Aerospace IndustriesYear: 2024Scope 1: 19,821 tCO2eRevenue: $M 2,476Scope 1 Intensity: 8.00 tCO2e/$MHD Hyundai Heavy IndustriesYear: 2024Scope 1: 309,407 tCO2eRevenue: $M 9,872Scope 1 Intensity: 31.34 tCO2e/$MHanwha AeroSpaceYear: 2024Scope 1: 37,211 tCO2eRevenue: $M 7,660Scope 1 Intensity: 4.86 tCO2e/$MDaewoo E&CYear: 2023Scope 1: 3,928 tCO2eRevenue: $M 9,116Scope 1 Intensity: 0.43 tCO2e/$MHD KSOEYear: 2024Scope 1: 3,201 tCO2eRevenue: $M 17,406Scope 1 Intensity: 0.18 tCO2e/$MSamsung Heavy IndustriesYear: 2024Scope 1: 315,969 tCO2eRevenue: $M 6,749Scope 1 Intensity: 46.82 tCO2e/$MDoosanYear: 2023Scope 1: 183,864 tCO2eRevenue: $M 14,971Scope 1 Intensity: 12.28 tCO2e/$MGS HoldingsYear: 2023Scope 1: 15,064,399 tCO2eRevenue: $M 20,330Scope 1 Intensity: 740.99 tCO2e/$MDoosan EnerbilityYear: 2024Scope 1: 196,452 tCO2eRevenue: $M 11,063Scope 1 Intensity: 17.76 tCO2e/$MLSYear: 2023Scope 1: 228,350 tCO2eRevenue: $M 19,158Scope 1 Intensity: 11.92 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MPosco InternationalYear: 2024Scope 1: 7,635,243 tCO2eRevenue: $M 22,040Scope 1 Intensity: 346.43 tCO2e/$MPPPosco Future MYear: 2024Scope 1: 1,885,309 tCO2eRevenue: $M 2,521Scope 1 Intensity: 747.71 tCO2e/$MSK NetworksYear: 2023Scope 1: 9,287 tCO2eRevenue: $M 7,148Scope 1 Intensity: 1.30 tCO2e/$MHanwhaYear: 2024Scope 1: 64,480 tCO2eRevenue: $M 37,923Scope 1 Intensity: 1.70 tCO2e/$M

How does Hanwha's GHG emissions intensity compare to its peers?

In 2024, Hanwha reported a Scope 1 emissions intensity of 1.7 tCO₂e per millions USD. Compared to the peer group median of 12.28 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Hanwha rank on GHG emissions intensity within its industry?

In 2024, Hanwha ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Hanwha among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Hanwha's Total Carbon Footprint

In 2024, Hanwha reported a total carbon footprint of 3,142,477 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 50.49% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Hanwha's total carbon footprint was Scope 3 emissions, accounting for 96.42% of the company's total carbon footprint, followed by Scope 1 emissions at 2.05%. a

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