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HD Hyundai Electric Co Ltd
HD Hyundai Electric's GHG Emissions Data Preview
In 2024, 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) | 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 | ||||
Market-Based | 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 |
Location-Based | 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 |
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.  a | Copy restricted. Please purchase to unlock this data. | 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 Electric’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 Electric’s data sources below and access millions more through our Disclosure Search.
Insights into HD Hyundai Electric's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHD Hyundai Electric amounted to39,619metric 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 Electricincreased by 9.55%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
HD Hyundai Electric's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HD Hyundai Electric's Scope 1 emissions?
In 2024, the total Scope 1 emissions of HD Hyundai Electric were 6,818 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has HD Hyundai Electric reduced its Scope 1 emissions over time?
Since 2020, HD Hyundai Electric's Scope 1 emissions have increased by 13.26%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), HD Hyundai Electric's Scope 1 emissions decreased by 1.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are HD Hyundai Electric's Scope 2 emissions?
In 2024, HD Hyundai Electric reported Scope 2 greenhouse gas (GHG) emissions of 31,409 tCOâ‚‚e using the market-based method and 32,801 tCOâ‚‚e using the location-based method.a
Has HD Hyundai Electric reduced its Scope 2 emissions over time?
Compared to the previous year(2023), HD Hyundai Electric's Scope 2 emissions(Location-Based) rose by 12.11% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
What methodology does HD Hyundai Electric use for Scope 2 reporting?
In 2024, HD Hyundai Electric reported its Scope 2 emissions using the market-based method and using the location-based method.a
HD Hyundai Electric's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into HD Hyundai Electric's Value Chain Emissions
In 2024, HD Hyundai Electric reported 276,495,208 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 Electric 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 Electric's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HD Hyundai Electric's Scope 3 emissions?
In 2024, HD Hyundai Electric reported total Scope 3 emissions of 276,495,208 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 0.16%of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.84%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), HD Hyundai Electric's Scope 3 emissions remained relatively stable, indicating that HD Hyundai Electric's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does HD Hyundai Electric disclose?
In 2024, HD Hyundai Electric 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 Electric's Scope 3 emissions?
In 2024, the largest contributors to HD Hyundai Electric's Scope 3 emissions were:a
- Use of Sold Products (Cat. 11): 275,912,433 tCOâ‚‚e(99.79%)
- Purchased Goods and Services (Cat. 1): 327,956 tCOâ‚‚e(0.12%)
- End-of-Life Treatment of Sold Products (Cat. 12): 134,118 tCOâ‚‚e(0.05%)
HD Hyundai Electric's Scope 3 Emissions by Categories
Insights into HD Hyundai Electric’s GHG Emissions Intensity Compared to Industry Peers
In 2024, HD Hyundai Electric reported Scope 1 greenhouse gas (GHG) emissions of 6,818 tCOâ‚‚e and total revenues of USD 2,264 millions. This translates into an emissions intensity of 3.01 tCOâ‚‚e per millions USD.a
HD Hyundai Electric's Scope 1 Emissions Intensity Compared to Peers
How does HD Hyundai Electric's GHG emissions intensity compare to its peers?
In 2024, HD Hyundai Electric reported a Scope 1 emissions intensity of 3.01 tCOâ‚‚e per millions USD. Compared to the peer group median of 8.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does HD Hyundai Electric rank on GHG emissions intensity within its industry?
In 2024, HD Hyundai Electric ranked 8 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 Electric 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 Electric's Total Carbon Footprint
In 2024, HD Hyundai Electric reported a total carbon footprint of 276,534,827 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.27% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
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%.a