Hanwha Group Selected as One of TIME's 100 Most Influential Companies Worldwide

Hanwha Group has been named for the first time in the "World's 100 Most Influential Companies" selected by the U.S. weekly magazine Time. Hanwha is the only domestic company to be selected in this category.

On the 30th (local time), Time revealed the "World's 100 Most Influential Companies." Based on evaluation materials submitted by companies, Time gathers opinions from contributors, correspondents, and external experts, and editors select the top 100 companies according to key evaluation criteria.

Seung-yeon Kim, Chairman of Hanwha Group. [Photo by Hanwha]

Time stated, "Hanwha Group is not only on a successful path with its defense business exports exceeding a market value of $7.8 billion last year, but it is also advancing its renewable energy businesses such as solar power, wind power, and clean hydrogen technologies." It added, "Based on these technological capabilities, it is leading the establishment of sustainable supply chains worldwide."

The World's 100 Most Influential Companies are selected based on influence, innovation, ambition, and achievement criteria. The selected companies are divided into five categories: Leaders, Disruptors, Innovators, Titans, and Pioneers, with 20 companies chosen in each category for outstanding performance over one year.

Time has been publishing the "World's 100 Most Influential Companies" since 2021. Among domestic companies, Samsung and HYBE were included in the first year, 2021; HYBE and The Pinkfong Company were named in 2022; Samsung, SK, and Kia were selected last year. In 2024, Hanwha Group was the only domestic company to be selected.

This content was produced with the assistance of AI translation services.