- Rapid increase in fuel, electricity, and transportation costs.
- Global economic downturn.
- Strengthening greenhouse gas emission regulations.
- Major accident at Hanil Hyundai Cement Yeongwol plant in February 2024.
- Increased risk of environmental regulations due to the introduction of the Integrated Environmental Management System.
Hanil Holdings Co., Ltd., Hanil Cement Co., Ltd., Hanil Hyundai Cement Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hanil Holdings Co., Ltd., Hanil Cement Co., Ltd., Hanil Hyundai Cement Co., Ltd. disclosed greenhouse gas emissions of 7.3M tCO2e/year. By scope: Scope 3: 106.9K tCO2e/year (downstream transport and distribution). 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
7.3M tCO2e/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 106.9K tCO2e/year (downstream transport and distribution) |
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 | 7.3M tCO2e/year |
| 2022 | 7.9M tCO2e/year (2022) |
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 10% compared to the previous year in the cement business.
- Reduced greenhouse gas emissions intensity by 1% compared to the previous year.
- Increased the share of alternative fuels in cement production by 3.7% compared to the previous year.
- Achieved 64.1% alternative fuel contribution to thermal energy.
- Completed the renovation of the No. 5 kiln at the Danyang plant, reducing anthracite coal consumption by over 30%.
- Completed the renovation of the No. 2 kiln at the Yeongwol plant and the construction of an ECO power generation facility.
- Converted 61% of company vehicles to low-emission vehicles.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce greenhouse gas emissions intensity by 5% by 2025.
📅 Medium-term
- Achieve 30% reduction in greenhouse gas emissions by 2030 (based on 2018 emissions).
🔭 Long-term
- Achieve Net Zero emissions by 2050.
🌱 ESG Focus Areas
Climate Change ResponseOccupational Safety and HealthEnvironmental Impact of Production ActivitiesCustomer Satisfaction and Quality Management