Hanon SystemsHanon Systems - ESG Rating & Company Profile powered by AI

Industry Group:Auto Parts & Equipment

This webpage is a zero-cost E,S&G report for Hanon Systems. The ESG assessment for Hanon Systems represents its reporting of the UN Sustainable Development Goals. If you work at Hanon Systems and you would like to licence your ESG rating, please contact us.

Hanon Systems in the Auto Parts & Equipment industry gained a UN SDG ESG Transparency Score of 6.5; made up of an environmental score of 8.0, social score of 8.0 and governance score of 3.4.

SDG Transparency Score for Hanon Systems 
Low
0 - 3

6.5

Medium Impact
4 - 6
High
7 - 10
Last Score Update: 2024-05-01
What drives the score for Hanon Systems 
8.0

Environmental

8.0

Social

3.4

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Borgwarner Technologies Ltd
8.0
High
1Bosch Ltd
8.0
High
107TI Fluid Systems PLC
6.6
High
107Varroc Engineering Ltd
6.6
High
113Hanon Systems
6.5
High
113Brembo SpA
6.5
High
113Linamar Corp
6.5
High
.........
371Zhejiang Zomax Transmission Co Ltd
0.0
Low
371Zhuhai Enpower Electric Co Ltd
0.0
Low
.........
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Peer Companies Benchmark
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Frequently Asked Questions

Does Hanon Systems have an accelerator or VC vehicle to help deliver innovation?

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Does Hanon Systems disclose current and historical energy intensity?

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Does Hanon Systems report the average age of the workforce?

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Does Hanon Systems reference operational or capital allocation in relation to climate change?

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Does Hanon Systems disclose its ethnicity pay gap?

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Does Hanon Systems disclose cybersecurity risks?

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Does Hanon Systems offer flexible work?

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Does Hanon Systems have a long term incentive (LTI) executive compensation plan based on a measure of return on capital?

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Does Hanon Systems disclose the number of employees in R&D functions?

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Does Hanon Systems conduct supply chain audits?

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Does Hanon Systems disclose incidents of non-compliance in relation to the health and safety impacts of products and services?

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Is there a statment that there is no plan to expand their cement production? (for example: 'We have no current plans to add additional cement making capacity')

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Does Hanon Systems conduct 360 degree staff reviews?

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Does Hanon Systems disclose the individual responsible for D&I?

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Does Hanon Systems disclose current and historical air emissions?

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Is there a statment that there is no plan to expand their coal usage? (for example: 'We have no current plans to add additional coal powered electricity generation')

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Is executive remuneration linked to climate performance?

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Does the Board describe its role in the oversight of climate-related risks and opportunities?

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Does Hanon Systems disclose current and / or historical scope 2 emissions?

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Does Hanon Systems disclose water use targets?

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Does Hanon Systems have careers partnerships with academic institutions?

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Did Hanon Systems have a product recall in the last two years?

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Does Hanon Systems disclose incidents of discrimination?

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Does Hanon Systems allow for Work Councils/Collective Agreements to be formed?

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Has Hanon Systems issued a profit warning in the past 24 months?

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Does Hanon Systems disclose climate scenario or pathway analysis?

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Does Hanon Systems disclose current and / or historical scope 1 emissions?

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Are Operating Expesnses linked to emissions reduction?

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Does Hanon Systems disclose the pay ratio of women to men?

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Does Hanon Systems support suppliers with sustainability related research and development?

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Does Hanon Systems disclose the number of operations that have been subject to human rights reviews or human rights impact assessments?

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Does Hanon Systems reflect climate-related risks in its financial statements?

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Is there a statment that there is no plan to expand their carbon intensite energy assets? (for example: 'We have no current plans to carry out further drilling for oil,')

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Is Hanon Systems involved in embryonic stem cell research?

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Does Hanon Systems disclose GHG and Air Emissions intensity?

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Does Hanon Systems disclose its waste policy?

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Does Hanon Systems report according to TCFD requirements?

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Does Hanon Systems disclose its policies for bribery, corruption, whistle-blower, conflict of interest?

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Does Hanon Systems disclose energy use targets?

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Does Hanon Systems disclose its Renewable Energy targets?

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Are emissions metrics verified by STBi?

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Does Hanon Systems have a policy relating to cyber security?

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Potential Risks for Hanon Systems
These potential risks are based on the size, segment and geographies of the company.

Hanon Systems manufactures, distributes, and sells automotive thermal and energy management solutions for conventional, electric, hybrid, fuel cell, and autonomous vehicles in South Korea, Europe, Asia, and the Americas. The company offers heating ventilation, and air conditioning (HVAC) systems; and radiators, compressors and clutches, charge air coolers, exhaust gas recirculation modules, electronic coolant pumps and valves, electronic waste gate actuators, cold storage evaporator, and electronic throttle bodies. It also provides fluid transport products, including refrigerant lines, coolant lines, transmission oil cooler lines, accumulators, receiver driers, internal heat exchangers, and metal seal fittings. In addition, the company offers automatic and manual front and rear temperature controls that operate the HVAC systems; cluster ion generators; and cooling modules, such as radiators, condensers, fans, and shrouds. Further, it is involved in the development, technology consultation, import, and export of auto parts. The company was formerly known as Halla Visteon Climate Control Corporation and changed its name to Hanon Systems in August 2015. Hanon Systems was founded in 1986 and is headquartered in Daejeon, South Korea. Hanon Systems is a subsidiary of Hahn & Co. Auto Holdings Co., Ltd.

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