- Tightening regulations related to GHG emissions
- Increasing need for products manufactured using renewable energy (RE100)
- Production disruption due to abnormal weather events
- Climate/environmental changes due to rising global temperatures
- Changes in consumer behavior
- Rising costs of raw materials and fuels
- Mandatory climate and ESG disclosure
Hanwha Solutions Corporation
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Hanwha Solutions Corporation disclosed greenhouse gas emissions of 2.5M tCO2e/year. By scope: Scope 1: 390.0K tCO2e/year; Scope 2: 2.1M tCO2e/year; Scope 3: 6.9M tCO2e/year. 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
2.5M tCO2e/year
2022
Renewable Energy
0.2%
of total energy
Water Usage
13.6M tons/year
2022
Waste
94.6K tons/year
2022
Energy Use
53.1M GJ/year
2022
📊 Emissions by Scope (2022)
| 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). | 390.0K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.1M tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 6.9M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced GHG emissions by 27,756 tCO₂-eq
- Procured 68.4 GWh of green premium in 2022
- Obtained GRS certification for recycled raw material (rPE)
- Developed eco-friendly packaging materials such as rPE
- Reduced Scope 1 and 2 emissions by approximately 13,800 tCO₂-eq through high-efficiency facilities
- Reduced Scope 1 and 2 emissions by approximately 12,600 tCO₂-eq through improved energy efficiency
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 3% annually
- Reduce GHG emissions by 35% by 2030
📅 Medium-term
- Achieve 21% renewable energy usage by 2030, 37% by 2040, and 100% by 2050 (Chemical Division)
- Achieve 100% renewable energy by 2050 (Qcells Division)
- Achieve 100% zero-emission vehicles by 2030
🔭 Long-term
- Achieve Net Zero emissions by 2050
🌱 ESG Focus Areas
Climate Change & Net ZeroSustainable Products and TechnologiesOccupational Safety and Health ManagementCompliance and Ethical ManagementEmployee Development and Fair Compensation