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

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Hanon Systems

Hanon Systems 2023 Sustainability Report

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