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Hwaseung R&A Co Ltd

Common Name
Hwaseung R&A
Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
626
Ticker
378850
Exchange
Korea Exchange
Description
Hwaseung R&A Co., Ltd. is a versatile company engaged in the development, production, and sale of rubber-based products and automotive components. The primary function of the company is to supply high...

Hwaseung R&A's Climate Target Data Preview

As of 2025, Hwaseung R&A 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 Hwaseung R&A's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-20%a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-70%a
2040
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Hwaseung R&A’s Climate Targets Data

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a. Hwaseung R&A's Sustainability Report 2025

Insights into Hwaseung R&A's Greenhouse Gas Emissions Pathways

As of 2025, Hwaseung R&A has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Hwaseung R&A have a target to reduce the emissions from its operations?

As of 2025, Hwaseung R&A has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Hwaseung R&A's most ambitious operational target is to reduce these emissions by 70% by 2040, compared to a baseline of 21,774 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a

As of 2025, Hwaseung R&A is lagging behind on its operational emissions reduction target, having achieved 10.79% of the planned reduction.a

Hwaseung R&A's Operational (Scope 1+2) Emissions Pathway

201920252030204005.5 k11 k16.5 k22 kCurrent (-8%)Target 2030 (-20%)Target 2040 (-70%)
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