HD Hyundai Construction Equipment Co Ltd

Common Name
HD Hyundai Construction Equipment
Country
South Korea
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
1,059
Ticker
267270
Exchange
KOREA EXCHANGE
Description
Hyundai Construction Equipment Co., Ltd. is a renowned manufacturer and supplier of construction machinery and equipment. The primary function of the company is to design, produce, and market an array...

HD Hyundai Construction Equipment's GHG Emissions Data Preview

In 2023, HD Hyundai Construction Equipment completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

HD Hyundai Construction Equipment has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind HD Hyundai Construction Equipment’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore HD Hyundai Construction Equipment’s data sources below and access millions more through our Disclosure Search.

a. HD Hyundai Construction Equipment's Integrated Report 2023
a. HD Hyundai Construction Equipment's Integrated Report 2023

Insights into HD Hyundai Construction Equipment's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of HD Hyundai Construction Equipment amounted to 33,178 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of HD Hyundai Construction Equipment decreased by 6.84%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

HD Hyundai Construction Equipment's Scope 1 Emissions Over Time

202020212022202305 k10 k15 k20 ktCO2e+43%-11%-12%
  • Total Scope 1
  • Year-over-Year Change

What are HD Hyundai Construction Equipment's Scope 1 emissions?

In 2023, the total Scope 1 emissions of HD Hyundai Construction Equipment were 14,154 metric tons of CO₂ equivalent (tCO₂e). a

Has HD Hyundai Construction Equipment reduced its Scope 1 emissions over time?

Since 2020, HD Hyundai Construction Equipment's Scope 1 emissions have increased by 12.05%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), HD Hyundai Construction Equipment's Scope 1 emissions decreased by 11.84%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are HD Hyundai Construction Equipment's Scope 2 emissions?

In 2023, HD Hyundai Construction Equipment reported Scope 2 greenhouse gas (GHG) emissions of 19,024 tCO₂e without specifying the calculation method. a

Has HD Hyundai Construction Equipment reduced its Scope 2 emissions over time?

Since 2020, HD Hyundai Construction Equipment's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that HD Hyundai Construction Equipment 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), HD Hyundai Construction Equipment's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that HD Hyundai Construction Equipment 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does HD Hyundai Construction Equipment use for Scope 2 reporting?

In 2023, HD Hyundai Construction Equipment reported its Scope 2 emissions using an unspecified methodology. a

HD Hyundai Construction Equipment's Scope 2 Emissions Over Time

202020212022202306 k12 k18 k24 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into HD Hyundai Construction Equipment's Value Chain Emissions

In 2023, HD Hyundai Construction Equipment reported 8,107,119.67 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of HD Hyundai Construction Equipment includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

HD Hyundai Construction Equipment's Scope 3 Emissions Over Time

202020212022202302.5 M5 M7.5 M10 MtCO2e+28%-6%+714%
  • Total Scope 3
  • Year-over-Year Change

What are HD Hyundai Construction Equipment's Scope 3 emissions?

In 2023, HD Hyundai Construction Equipment reported total Scope 3 emissions of 8,107,119.67 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 1.59% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.41% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has HD Hyundai Construction Equipment reduced its Scope 3 emissions over time?

Since 2020, HD Hyundai Construction Equipment's Scope 3 emissions have increased by 876.3%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), HD Hyundai Construction Equipment's Scope 3 emissions increased by 713.64%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does HD Hyundai Construction Equipment disclose?

In 2023, HD Hyundai Construction Equipment reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of HD Hyundai Construction Equipment's Scope 3 emissions?

In 2023, the largest contributors to HD Hyundai Construction Equipment's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 7,976,187.71 tCO₂e (98.38%)
  • Upstream Transportation and Distribution (Cat. 4): 81,524 tCO₂e (1.01%)
  • Purchased Goods and Services (Cat. 1): 27,967.6 tCO₂e (0.34%)

HD Hyundai Construction Equipment's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(98.4%)UpstreamTransportation andDistribution(Cat. 4)(1.0%)

Insights into HD Hyundai Construction Equipment’s GHG Emissions Intensity Compared to Industry Peers

In 2023, HD Hyundai Construction Equipment reported Scope 1 greenhouse gas (GHG) emissions of 14,154 tCO₂e and total revenues of USD 2,993 millions. This translates into an emissions intensity of 4.73 tCO₂e per millions USD. a

HD Hyundai Construction Equipment's Scope 1 Emissions Intensity Compared to Peers

502,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HHHHKPSYear: 2024Scope 1: 3,864 tCO2eRevenue: $M 1,061Scope 1 Intensity: 3.64 tCO2e/$MEcoProYear: 2024Scope 1: 369 tCO2eRevenue: $M 1,886Scope 1 Intensity: 0.20 tCO2e/$MHHHD Hyundai Marine SolutionYear: 2024Scope 1: 210 tCO2eRevenue: $M 1,190Scope 1 Intensity: 0.18 tCO2e/$MHHHD Hyundai InfracoreYear: 2023Scope 1: 29,872 tCO2eRevenue: $M 3,646Scope 1 Intensity: 8.19 tCO2e/$MDoosan BobcatYear: 2023Scope 1: 52,458 tCO2eRevenue: $M 7,637Scope 1 Intensity: 6.87 tCO2e/$MPan OceanYear: 2023Scope 1: 2,678,713 tCO2eRevenue: $M 3,413Scope 1 Intensity: 784.91 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MKorea Aerospace IndustriesYear: 2024Scope 1: 19,821 tCO2eRevenue: $M 2,476Scope 1 Intensity: 8.00 tCO2e/$MHD Hyundai Heavy IndustriesYear: 2024Scope 1: 309,407 tCO2eRevenue: $M 9,872Scope 1 Intensity: 31.34 tCO2e/$MHanwha AeroSpaceYear: 2024Scope 1: 37,211 tCO2eRevenue: $M 7,660Scope 1 Intensity: 4.86 tCO2e/$MDaewoo E&CYear: 2023Scope 1: 3,928 tCO2eRevenue: $M 9,116Scope 1 Intensity: 0.43 tCO2e/$MHD KSOEYear: 2024Scope 1: 3,201 tCO2eRevenue: $M 17,406Scope 1 Intensity: 0.18 tCO2e/$MSamsung Heavy IndustriesYear: 2024Scope 1: 315,969 tCO2eRevenue: $M 6,749Scope 1 Intensity: 46.82 tCO2e/$MDoosanYear: 2023Scope 1: 183,864 tCO2eRevenue: $M 14,971Scope 1 Intensity: 12.28 tCO2e/$MGS HoldingsYear: 2023Scope 1: 15,064,399 tCO2eRevenue: $M 20,330Scope 1 Intensity: 740.99 tCO2e/$MDoosan EnerbilityYear: 2024Scope 1: 196,452 tCO2eRevenue: $M 11,063Scope 1 Intensity: 17.76 tCO2e/$MHHHanwha OceanYear: 2024Scope 1: 202,343 tCO2eRevenue: $M 7,344Scope 1 Intensity: 27.55 tCO2e/$MLSYear: 2023Scope 1: 228,350 tCO2eRevenue: $M 19,158Scope 1 Intensity: 11.92 tCO2e/$MHanwha SystemsYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,910Scope 1 Intensity: 0.33 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MHanwhaYear: 2024Scope 1: 64,480 tCO2eRevenue: $M 37,923Scope 1 Intensity: 1.70 tCO2e/$MPosco InternationalYear: 2024Scope 1: 7,635,243 tCO2eRevenue: $M 22,040Scope 1 Intensity: 346.43 tCO2e/$MLS ElectricYear: 2024Scope 1: 15,259 tCO2eRevenue: $M 3,102Scope 1 Intensity: 4.92 tCO2e/$MSK NetworksYear: 2023Scope 1: 9,287 tCO2eRevenue: $M 7,148Scope 1 Intensity: 1.30 tCO2e/$MHD Hyundai Construction EquipmentYear: 2023Scope 1: 14,154 tCO2eRevenue: $M 2,993Scope 1 Intensity: 4.73 tCO2e/$M

How does HD Hyundai Construction Equipment's GHG emissions intensity compare to its peers?

In 2023, HD Hyundai Construction Equipment reported a Scope 1 emissions intensity of 4.73 tCO₂e per millions USD. Compared to the peer group median of 8.1 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does HD Hyundai Construction Equipment rank on GHG emissions intensity within its industry?

In 2023, HD Hyundai Construction Equipment ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

HD Hyundai Construction Equipment is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into HD Hyundai Construction Equipment's Total Carbon Footprint

In 2023, HD Hyundai Construction Equipment reported a total carbon footprint of 8,140,297.67 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 688.78% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to HD Hyundai Construction Equipment's total carbon footprint was Scope 3 emissions, accounting for 99.59% of the company's total carbon footprint, followed by Scope 2 emissions at 0.23%. a

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