HD Hyundai Electric Co Ltd

Common Name
HD Hyundai Electric
Country
South Korea
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
1,990
Ticker
267260
Exchange
KOREA EXCHANGE
Description
Hd Hyundai Electric Co., Ltd. is a prominent player in the electrical engineering sector, primarily engaged in the manufacture and sale of electrical systems and components. The company specializes in...

HD Hyundai Electric's Climate Target Data Preview

As of 2023, HD Hyundai Electric has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into HD Hyundai Electric ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2050

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into HD Hyundai Electric's Greenhouse Gas Emissions Pathways

As of 2023, HD Hyundai Electric has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does HD Hyundai Electric have a target to reduce the emissions from its operations?

As of 2023, HD Hyundai Electric has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

HD Hyundai Electric's most ambitious operational target is to reduce these emissions by 70% by 2050, compared to a baseline of 30,550 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

Instead of reducing operational emissions, HD Hyundai Electric has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

HD Hyundai Electric's Operational (Scope 1+2) Emissions Pathway

2021202320302040205009 k18 k27 k36 kBaselineCurrent (+18%)Target 2030 (-20%)Target 2040 (-50%)Target 2050 (-70%)
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