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 GHG Emissions Data Preview

In 2023, HD Hyundai Electric 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 Electric 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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of HD Hyundai Electric amounted to 35,943 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of HD Hyundai Electric increased by 8.37%, suggesting that the company faced challenges in reducing its emissions from its core operations.

HD Hyundai Electric's Scope 1 Emissions Over Time

202020212022202302 k4 k6 k8 ktCO2e+3%+11%0%
  • Total Scope 1
  • Year-over-Year Change

What are HD Hyundai Electric's Scope 1 emissions?

In 2023, the total Scope 1 emissions of HD Hyundai Electric were 6,907 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has HD Hyundai Electric reduced its Scope 1 emissions over time?

Since 2020, HD Hyundai Electric's Scope 1 emissions have increased by 14.73%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), HD Hyundai Electric's Scope 1 emissions remained relatively stable, indicating that HD Hyundai Electric's emissions have plateaued with no significant change in its operational footprint.

What are HD Hyundai Electric's Scope 2 emissions?

In 2023, HD Hyundai Electric reported Scope 2 greenhouse gas (GHG) emissions of 29,036 tCOâ‚‚e without specifying the calculation method.

Has HD Hyundai Electric reduced its Scope 2 emissions over time?

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

Compared to the previous year (2022), HD Hyundai Electric's Scope 2 emissions (Unspecified Calculation Method) rose by 10.6% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does HD Hyundai Electric use for Scope 2 reporting?

In 2023, HD Hyundai Electric reported its Scope 2 emissions using an unspecified methodology.

HD Hyundai Electric's Scope 2 Emissions Over Time

202020212022202307.5 k15 k22.5 k30 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into HD Hyundai Electric's Value Chain Emissions

In 2023, HD Hyundai Electric reported 275,755,063 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of HD Hyundai Electric includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

HD Hyundai Electric's Scope 3 Emissions Over Time

2023070 M140 M210 M280 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are HD Hyundai Electric's Scope 3 emissions?

In 2023, HD Hyundai Electric reported total Scope 3 emissions of 275,755,063 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 0.13% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.87% came from downstream activities like product use, distribution, and end-of-life treatment.

What categories of Scope 3 emissions does HD Hyundai Electric disclose?

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

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

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

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

  • Use of Sold Products (Cat. 11): 275,260,088 tCOâ‚‚e (99.82%)
  • Purchased Goods and Services (Cat. 1): 306,212 tCOâ‚‚e (0.11%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 128,140 tCOâ‚‚e (0.05%)

HD Hyundai Electric's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(99.8%)

Insights into HD Hyundai Electric's Total Carbon Footprint

In 2023, HD Hyundai Electric reported a total carbon footprint of 275,791,006 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 831,422.31% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to HD Hyundai Electric's total carbon footprint was Scope 3 emissions, accounting for 99.99% of the company's total carbon footprint, followed by Scope 2 emissions at 0.01%.

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