HD Hyundai Electric Co Ltd
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 Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2040 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2050 |
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Verified Sources Behind HD Hyundai Electric’s Climate Targets Data
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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. a
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. a
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. a
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. a