HD Hyundai Infracore Co Ltd

Common Name
HD Hyundai Infracore
Country
South Korea
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
2,211
Ticker
042670
Exchange
KOREA EXCHANGE
Description
Hd Hyundai Infracore Co., Ltd. is a prominent player in the construction equipment manufacturing industry. Specializing in the production of machinery such as excavators, wheel loaders, and backhoe lo...

HD Hyundai Infracore's GHG Emissions Data Preview

In 2023, HD Hyundai Infracore 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 Infracore 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)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind HD Hyundai Infracore’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 Infracore’s data sources below and access millions more through our Disclosure Search.

a. HD Hyundai Infracore's Integrated Report 2023
a. HD Hyundai Infracore's Integrated Report 2023

Insights into HD Hyundai Infracore's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of HD Hyundai Infracore amounted to 104,745 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 2022, the total operational greenhouse gas (GHG) emissions of HD Hyundai Infracore decreased by 12.95%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

HD Hyundai Infracore's Scope 1 Emissions Over Time

202020212022202309 k18 k27 k36 ktCO2e+8%-11%-6%
  • Total Scope 1
  • Year-over-Year Change

What are HD Hyundai Infracore's Scope 1 emissions?

In 2023, the total Scope 1 emissions of HD Hyundai Infracore were 29,872 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2020, HD Hyundai Infracore's Scope 1 emissions have decreased by 9.49%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), HD Hyundai Infracore's Scope 1 emissions decreased by 5.98%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are HD Hyundai Infracore's Scope 2 emissions?

In 2023, HD Hyundai Infracore reported Scope 2 greenhouse gas (GHG) emissions of 74,873 tCO₂e using the location-based method. a

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

Since 2020, HD Hyundai Infracore's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 17.62%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), HD Hyundai Infracore's Scope 2 emissions (Location-Based) fell by 15.46% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

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

In 2023, HD Hyundai Infracore reported its Scope 2 emissions using the location-based method. a

HD Hyundai Infracore's Scope 2 Emissions Over Time

2020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based

Insights into HD Hyundai Infracore's Value Chain Emissions

In 2023, HD Hyundai Infracore reported 7,133,549 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 2023 disclosure of HD Hyundai Infracore includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 9 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

HD Hyundai Infracore's Scope 3 Emissions Over Time

202020212022202302 M4 M6 M8 MtCO2e-4%-3%+629%
  • Total Scope 3
  • Year-over-Year Change

What are HD Hyundai Infracore's Scope 3 emissions?

In 2023, HD Hyundai Infracore reported total Scope 3 emissions of 7,133,549 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 2.99% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.01% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has HD Hyundai Infracore reduced its Scope 3 emissions over time?

Since 2020, HD Hyundai Infracore's Scope 3 emissions have increased by 578.5%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), HD Hyundai Infracore's Scope 3 emissions increased by 629.47%, suggesting that the company faced challenges in reducing emissions across its value chain. a

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

In 2023, HD Hyundai Infracore 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 Infracore's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 6,917,978 tCO₂e (96.98%)
  • Upstream Transportation and Distribution (Cat. 4): 146,652 tCO₂e (2.06%)
  • Purchased Goods and Services (Cat. 1): 51,415 tCO₂e (0.72%)

HD Hyundai Infracore's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(97.0%)UpstreamTransportation andDistribution(Cat. 4)(2.1%)

Insights into HD Hyundai Infracore’s GHG Emissions Intensity Compared to Industry Peers

In 2023, HD Hyundai Infracore reported Scope 1 greenhouse gas (GHG) emissions of 29,872 tCO₂e and total revenues of USD 3,646 millions. This translates into an emissions intensity of 8.19 tCO₂e per millions USD. a

HD Hyundai Infracore's Scope 1 Emissions Intensity Compared to Peers

502,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)HHHHHKPSYear: 2024Scope 1: 3,864 tCO2eRevenue: $M 1,061Scope 1 Intensity: 3.64 tCO2e/$MCJ LogisticsYear: 2023Scope 1: 107,186 tCO2eRevenue: $M 9,209Scope 1 Intensity: 11.64 tCO2e/$MLIG Nex1Year: 2024Scope 1: 6,327 tCO2eRevenue: $M 2,233Scope 1 Intensity: 2.83 tCO2e/$MEcoProYear: 2024Scope 1: 369 tCO2eRevenue: $M 1,886Scope 1 Intensity: 0.20 tCO2e/$MHHHD Hyundai Marine SolutionYear: 2024Scope 1: 210 tCO2eRevenue: $M 1,190Scope 1 Intensity: 0.18 tCO2e/$MHHHD Hyundai ElectricYear: 2024Scope 1: 6,818 tCO2eRevenue: $M 2,264Scope 1 Intensity: 3.01 tCO2e/$MHD Hyundai Construction EquipmentYear: 2023Scope 1: 14,154 tCO2eRevenue: $M 2,993Scope 1 Intensity: 4.73 tCO2e/$MDoosan BobcatYear: 2023Scope 1: 52,458 tCO2eRevenue: $M 7,637Scope 1 Intensity: 6.87 tCO2e/$MPan OceanYear: 2023Scope 1: 2,678,713 tCO2eRevenue: $M 3,413Scope 1 Intensity: 784.91 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$MKorea Aerospace IndustriesYear: 2024Scope 1: 19,821 tCO2eRevenue: $M 2,476Scope 1 Intensity: 8.00 tCO2e/$MHD Hyundai Heavy IndustriesYear: 2024Scope 1: 309,407 tCO2eRevenue: $M 9,872Scope 1 Intensity: 31.34 tCO2e/$MHanwha AeroSpaceYear: 2024Scope 1: 37,211 tCO2eRevenue: $M 7,660Scope 1 Intensity: 4.86 tCO2e/$MDaewoo E&CYear: 2023Scope 1: 3,928 tCO2eRevenue: $M 9,116Scope 1 Intensity: 0.43 tCO2e/$MHD KSOEYear: 2024Scope 1: 3,201 tCO2eRevenue: $M 17,406Scope 1 Intensity: 0.18 tCO2e/$MSamsung Heavy IndustriesYear: 2024Scope 1: 315,969 tCO2eRevenue: $M 6,749Scope 1 Intensity: 46.82 tCO2e/$MDoosanYear: 2023Scope 1: 183,864 tCO2eRevenue: $M 14,971Scope 1 Intensity: 12.28 tCO2e/$MGS HoldingsYear: 2023Scope 1: 15,064,399 tCO2eRevenue: $M 20,330Scope 1 Intensity: 740.99 tCO2e/$MDoosan EnerbilityYear: 2024Scope 1: 196,452 tCO2eRevenue: $M 11,063Scope 1 Intensity: 17.76 tCO2e/$MHHHanwha OceanYear: 2024Scope 1: 202,343 tCO2eRevenue: $M 7,344Scope 1 Intensity: 27.55 tCO2e/$MLSYear: 2023Scope 1: 228,350 tCO2eRevenue: $M 19,158Scope 1 Intensity: 11.92 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MHanwhaYear: 2024Scope 1: 64,480 tCO2eRevenue: $M 37,923Scope 1 Intensity: 1.70 tCO2e/$MLS ElectricYear: 2024Scope 1: 15,259 tCO2eRevenue: $M 3,102Scope 1 Intensity: 4.92 tCO2e/$MHHHD Hyundai InfracoreYear: 2023Scope 1: 29,872 tCO2eRevenue: $M 3,646Scope 1 Intensity: 8.19 tCO2e/$M

How does HD Hyundai Infracore's GHG emissions intensity compare to its peers?

In 2023, HD Hyundai Infracore reported a Scope 1 emissions intensity of 8.19 tCO₂e per millions USD. Compared to the peer group median of 7.44 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does HD Hyundai Infracore rank on GHG emissions intensity within its industry?

In 2023, HD Hyundai Infracore ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

HD Hyundai Infracore 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 Infracore's Total Carbon Footprint

In 2023, HD Hyundai Infracore reported a total carbon footprint of 7,238,294 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 559.08% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to HD Hyundai Infracore's total carbon footprint was Scope 3 emissions, accounting for 98.55% of the company's total carbon footprint, followed by Scope 2 emissions at 1.03%. a

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