In 2024, HD Hyundai Heavy Industries 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 Heavy Industries has also provided a category-level breakdown for 10 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 |
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In 2024, the total operational greenhouse gas (GHG) emissions of HD Hyundai Heavy Industries amounted to 671,162 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of HD Hyundai Heavy Industries increased by 4.89%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
In 2024, the total Scope 1 emissions of HD Hyundai Heavy Industries were 309,407 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, HD Hyundai Heavy Industries's Scope 1 emissions have increased by 30.69%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), HD Hyundai Heavy Industries's Scope 1 emissions increased by 11.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, HD Hyundai Heavy Industries reported Scope 2 greenhouse gas (GHG) emissions of 361,755 tCO₂e without specifying the calculation method. a
Since 2021, HD Hyundai Heavy Industries's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 23.36%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), HD Hyundai Heavy Industries's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that HD Hyundai Heavy Industries 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, HD Hyundai Heavy Industries reported its Scope 2 emissions using an unspecified methodology. a
In 2024, HD Hyundai Heavy Industries reported 63,052,869 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of HD Hyundai Heavy Industries includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 9 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, HD Hyundai Heavy Industries reported total Scope 3 emissions of 63,052,869 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 5.55% of these emissions originated from upstream activities such as purchased goods and capital goods, while 94.45% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), HD Hyundai Heavy Industries's Scope 3 emissions increased by 12.36%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, HD Hyundai Heavy Industries reported emissions for 10 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.
In 2024, the largest contributors to HD Hyundai Heavy Industries's Scope 3 emissions were: a
In 2024, HD Hyundai Heavy Industries reported Scope 1 greenhouse gas (GHG) emissions of 309,407 tCO₂e and total revenues of USD 9,872 millions. This translates into an emissions intensity of 31.34 tCO₂e per millions USD. a
In 2024, HD Hyundai Heavy Industries reported a Scope 1 emissions intensity of 31.34 tCO₂e per millions USD. Compared to the peer group median of 11.66 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, HD Hyundai Heavy Industries ranked 20 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
HD Hyundai Heavy Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2024, HD Hyundai Heavy Industries reported a total carbon footprint of 63,724,031 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.27% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to HD Hyundai Heavy Industries's total carbon footprint was Scope 3 emissions, accounting for 98.95% of the company's total carbon footprint, followed by Scope 2 emissions at 0.57%. a