Hanon Systems 2023 SR
The report highlights Hanon Systems' commitment to carbon neutrality by 2040 and its leadership in automotive thermal management solutions for electric vehicles. In 2023, the company achieved a revenue of KRW 9.6 trillion and secured new orders worth USD 1.5 billion, with 70% of the backlog representing hybrid and electric vehicles. Key environmental achievements include an 8.1% reduction in Scope 1 and 2 emissions and a significant increase in renewable energy usage to 22.1%. The company also joined the Science Based Targets initiative (SBTi) and was included in S&P Global's Sustainability Yearbook for the first time. Socially, it focused on human rights assessments across 50 sites and enhanced supplier ESG evaluations.
Company: Hanon Systems
Sector: Consumer Discretionary
Country: South Korea
Year: 2023
Type: SR
Pages: 127
Hanon Systems
Sustainability Report
The report highlights Hanon Systems' commitment to carbon neutrality by 2040 and its leadership in automotive thermal management solutions for electric vehicles. In 2023, the company achieved a revenue of KRW 9.6 trillion and secured new orders worth USD 1.5 billion, with 70% of the backlog representing hybrid and electric vehicles. Key environmental achievements include an 8.1% reduction in Scope 1 and 2 emissions and a significant increase in renewable energy usage to 22.1%. The company also joined the Science Based Targets initiative (SBTi) and was included in S&P Global's Sustainability Yearbook for the first time. Socially, it focused on human rights assessments across 50 sites and enhanced supplier ESG evaluations.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Jun 1, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees