With a meager five points in total, Hanwha Solutions narrowly escapes ending up among ChemScore’s bottom three performers. The company produces no hazardous substances within the EU or US. However, there is no data available about the 83…
Hanwa Solutions produces/uses no highly hazardous substances. However, much about the company’s product portfolio is unknown, due to its large production that takes place outside of the EU and US.
Please note that there is no available data for the 83 percent of the company’s production that takes place outside of the EU and US. Lower EU/US production means higher uncertainty with regard to the total production of hazardous chemicals, which will have a negative impact on the company’s score in this category.
Hanwha Solutions does not have a method in place to screen and assess the sustainability of its products, thus not assessing the intrinsic hazards of ingredients. It does not exclude substances with toxic properties from its new products. Hanwha Solutions actively markets safer alternatives both on its own website as well as on ChemSec Marketplace. The company has no true circular product, process or innovation. Hanwha Solutions does not use bio-based resources. Nor does it source or treat recycled materials in a sustainable way, which is one of the key elements of a circular economy. Hanwha Solutions is not actively reducing the hazardous waste it generates.
The Korean company does not produce only sustainable products, and it does not have a timed phase-out strategy for hazardous substances that go beyond regulatory compliance. It does not share chemical safety information on its website and it is not following a credible code of conduct standard. Hanwha Solutions did not respond to ChemSec’s attempts to communicate around its ChemScore ranking and it does not share any information about what kind of chemicals it produces in regions with low regulatory demands for transparency (e.g. Asia). Hanwha Solutions does not have a circular economy program in place, and it is lacking objective and measurable circular economy targets.