- Climate change related risks (transition and physical risks)
- Demographic changes (low birth rate and aging population)
- Cybersecurity threats and digital financial regulations
- Supply chain disruptions
Hanwha General Insurance Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hanwha General Insurance Co., Ltd. disclosed greenhouse gas emissions of 5.1K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 755 tCO2e/year; Scope 2: 4.3K tCO2e/year; Scope 3: 753.2K tCO2e/year (including employee commuting and investments). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
5.1K tCO2e/year (Scope 1 & 2)
2023
Renewable Energy
0.116 TJ/billion won (2023)
of total energy
Water Usage
59.2K m3/year
2023
Waste
605 tons/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 755 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 4.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 753.2K tCO2e/year (including employee commuting and investments) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 5.1K tCO2e/year (Scope 1 & 2) |
| 2022 | 9.6K tCO2-eq |
| 2021 | 2.4K tCO2e/year (Scope 1+2 headquarters) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon emissions by 3,326 tCO2eq in 2023
- Achieved 96.2% waste recycling rate in 2023
- Introduced a paperless work system, expanding to 62.5% in 2023
- Developed and launched various climate change response products
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 3-5% annually from 2022 baseline
📅 Medium-term
- Achieve 40% reduction in Scope 1 & 2 emissions by 2030
- Expand Scope 3 emissions reporting
🔭 Long-term
- Achieve carbon neutrality by 2050
🌱 ESG Focus Areas
PeoplePlanetProsperityGovernance