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HD Hyundai Construction Equipment Co Ltd
HD Hyundai Construction Equipment's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind HD Hyundai Construction Equipment’s Greenhouse Gas (GHG) Emissions Data
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Insights into HD Hyundai Construction Equipment's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHD Hyundai Construction Equipment amounted to33,192metric 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 2023, the total operational greenhouse gas (GHG) emissions of HD Hyundai Construction Equipmentincreased by 0.04%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
HD Hyundai Construction Equipment's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HD Hyundai Construction Equipment's Scope 1 emissions?
In 2024, the total Scope 1 emissions of HD Hyundai Construction Equipment were 14,744 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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 16.72%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), HD Hyundai Construction Equipment's Scope 1 emissions increased by 4.17%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are HD Hyundai Construction Equipment's Scope 2 emissions?
In 2024, HD Hyundai Construction Equipment reported Scope 2 greenhouse gas (GHG) emissions of 18,448 tCOâ‚‚e using the location-based method.a
Has HD Hyundai Construction Equipment reduced its Scope 2 emissions over time?
Compared to the previous year(2023), HD Hyundai Construction Equipment's Scope 2 emissions(Location-Based) 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 2024, HD Hyundai Construction Equipment reported its Scope 2 emissions using the location-based method.a
HD Hyundai Construction Equipment's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into HD Hyundai Construction Equipment's Value Chain Emissions
In 2024, HD Hyundai Construction Equipment reported 8,818,952 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of HD Hyundai Construction Equipment includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
HD Hyundai Construction Equipment's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HD Hyundai Construction Equipment's Scope 3 emissions?
In 2024, HD Hyundai Construction Equipment reported total Scope 3 emissions of 8,818,952 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 3.47%of these emissions originated from upstream activities such as purchased goods and capital goods, while 96.53%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 emissionshave increased by 962.02%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), HD Hyundai Construction Equipment's Scope 3 emissions remained relatively stable, indicating that HD Hyundai Construction Equipment's emissions have plateaued with no significant change in its value chain footprint.ab
What categories of Scope 3 emissions does HD Hyundai Construction Equipment disclose?
In 2024, 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 2024, the largest contributors to HD Hyundai Construction Equipment's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 8,510,763 tCOâ‚‚e(96.51%)
- Purchased Goods and Services (Cat. 1): 106,941 tCOâ‚‚e(1.21%)
- Downstream Transportation and Distribution (Cat. 9): 98,046 tCOâ‚‚e(1.11%)
HD Hyundai Construction Equipment's Scope 3 Emissions by Categories
Insights into HD Hyundai Construction Equipment’s GHG Emissions Intensity Compared to Industry Peers
In 2024, HD Hyundai Construction Equipment reported Scope 1 greenhouse gas (GHG) emissions of 14,744 tCOâ‚‚e and total revenues of USD 2,343 millions. This translates into an emissions intensity of 6.29 tCOâ‚‚e per millions USD.a
HD Hyundai Construction Equipment's Scope 1 Emissions Intensity Compared to Peers
How does HD Hyundai Construction Equipment's GHG emissions intensity compare to its peers?
In 2024, HD Hyundai Construction Equipment reported a Scope 1 emissions intensity of 6.29 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.57, 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 2024, HD Hyundai Construction Equipment ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 2024, HD Hyundai Construction Equipment reported a total carbon footprint of 8,852,144 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.74% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to HD Hyundai Construction Equipment's total carbon footprint was Scope 3 emissions, accounting for 99.63% of the company's total carbon footprint, followed by Scope 2 emissions at 0.21%.a