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HLB Co Ltd

Common Name
HLB
Country
South Korea
Sector
Healthcare
Industry
Biotechnology
Employees
153
Ticker
028300
Exchange
Korea Exchange
Description
HLB Co., Ltd. manufactures and constructs lifeboats and glass fiber pipes in South Korea and internationally. It engages in the repair and inspection of lifeboats; fabrication and installation of pipe...

HLB's GHG Emissions Data Preview

In 2025, HLB 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) and Scope 2 (indirect emissions from purchased energy).

However, HLB has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
128a
130.93b
93.337c
Total Scope 2
Market-Based
N/A
391.052b
N/A
Location-Based
N/A
459.964b
N/A
Unspecified Calculation Method
483a
N/A
395.434c
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
2.1959a
2.8202b
2.7801c
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Verified Sources Behind HLB’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.

a. HLB's Annual Report 2025
b. HLB's ESG Report 2025
c. HLB's ESG Report 2023

Insights into HLB's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of HLB amounted to 611 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 2024, the total operational greenhouse gas (GHG) emissions of HLB increased by 3.4%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

HLB's Scope 1 Emissions Over Time

2021202220232024202503570105140tCO2e-24%-1%+40%-2%
  • Total Scope 1
  • Year-over-Year Change

What are HLB's Scope 1 emissions?

In 2025, the total Scope 1 emissions of HLB were 128 metric tons of CO₂ equivalent (tCO₂e).a

Has HLB reduced its Scope 1 emissions over time?

Since 2021, HLB's Scope 1 emissions have increased by 4.07%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year (2024), HLB's Scope 1 emissions decreased by 2.24%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab

What are HLB's Scope 2 emissions?

In 2025, HLB reported Scope 2 greenhouse gas (GHG) emissions of 483 tCO₂e without specifying the calculation method.a

Has HLB reduced its Scope 2 emissions over time?

Since 2021, HLB's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that HLB's emissions have plateaued with no significant change in its energy consumption footprint.ac

What methodology does HLB use for Scope 2 reporting?

In 2025, HLB reported its Scope 2 emissions using an unspecified methodology.a

HLB's Scope 2 Emissions Over Time

202120222023202420250150300450600tCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2025, HLB reported Scope 1 greenhouse gas (GHG) emissions of 128 tCO₂e and total revenues of USD 58 millions. This translates into an emissions intensity of 2.2 tCO₂e per millions USD.a

HLB's Scope 1 Emissions Intensity Compared to Peers

0.51050010,000200,000Scope 1 Emissions (tCO2e)10502002,00010,000Revenues (Millions of USD)Oxford Nanopore TechnologiesYear: 2024Scope 1: 313 tCO2eRevenue: $M 230Scope 1 Intensity: 1.36 tCO2e/$MEverest MedicinesYear: 2024Scope 1: 1 tCO2eRevenue: $M 96Scope 1 Intensity: 0.01 tCO2e/$MIdorsiaYear: 2025Scope 1: 632 tCO2eRevenue: $M 278Scope 1 Intensity: 2.27 tCO2e/$MZai LabYear: 2023Scope 1: 15 tCO2eRevenue: $M 267Scope 1 Intensity: 0.06 tCO2e/$MBavarian NordicYear: 2024Scope 1: 4,111 tCO2eRevenue: $M 797Scope 1 Intensity: 5.16 tCO2e/$MBb BiotechYear: 2025Scope 1: 7 tCO2eRevenue: $M 778Scope 1 Intensity: 0.01 tCO2e/$MCatalyst PharmaceuticalsYear: 2024Scope 1: 4 tCO2eRevenue: $M 493Scope 1 Intensity: 0.01 tCO2e/$MCamurusYear: 2025Scope 1: 118 tCO2eRevenue: $M 246Scope 1 Intensity: 0.48 tCO2e/$MGenscript BiotechYear: 2025Scope 1: 19,520 tCO2eRevenue: $M 960Scope 1 Intensity: 20.34 tCO2e/$MZhifeiYear: 2024Scope 1: 13,576 tCO2eRevenue: $M 3,572Scope 1 Intensity: 3.80 tCO2e/$MZealand PharmaYear: 2025Scope 1: 72 tCO2eRevenue: $M 1,452Scope 1 Intensity: 0.05 tCO2e/$MShanghai Henlius BiotechYear: 2023Scope 1: 6,909 tCO2eRevenue: $M 759Scope 1 Intensity: 9.10 tCO2e/$MAdimmuneYear: 2023Scope 1: 4,556 tCO2eRevenue: $M 58Scope 1 Intensity: 78.30 tCO2e/$MAlphamab OncologyYear: 2023Scope 1: 3,970 tCO2eRevenue: $M 31Scope 1 Intensity: 128.95 tCO2e/$MPeptiDreamYear: 2023Scope 1: 3,156 tCO2eRevenue: $M 203Scope 1 Intensity: 15.55 tCO2e/$MRecursion PharmaceuticalsYear: 2023Scope 1: 854 tCO2eRevenue: $M 45Scope 1 Intensity: 19.16 tCO2e/$MAscentage PharmaYear: 2023Scope 1: 2,081 tCO2eRevenue: $M 31Scope 1 Intensity: 66.63 tCO2e/$MCelltrionYear: 2024Scope 1: 27,147 tCO2eRevenue: $M 2,424Scope 1 Intensity: 11.20 tCO2e/$MSamsung BiologicsYear: 2024Scope 1: 71,972 tCO2eRevenue: $M 3,099Scope 1 Intensity: 23.22 tCO2e/$MSK BioscienceYear: 2023Scope 1: 5,863 tCO2eRevenue: $M 289Scope 1 Intensity: 20.28 tCO2e/$MSK BiopharmaceuticalsYear: 2024Scope 1: 414 tCO2eRevenue: $M 373Scope 1 Intensity: 1.11 tCO2e/$MLigaChem BiosciencesYear: 2023Scope 1: 308 tCO2eRevenue: $M 27Scope 1 Intensity: 11.53 tCO2e/$MHLBYear: 2025Scope 1: 128 tCO2eRevenue: $M 58Scope 1 Intensity: 2.20 tCO2e/$M

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

In 2025, HLB reported a Scope 1 emissions intensity of 2.2 tCO₂e per millions USD. Compared to the peer group median of 7.13, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2025, HLB ranked 9 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

HLB is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

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