In 2024, HD Hyundai Marine Solution 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 Marine Solution has also provided a category-level breakdown for 5 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 | ||||
Location-Based | 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 Marine Solution amounted to 1,434.96 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 Marine Solution increased by 11.5%, 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 Marine Solution were 209.835 metric tons of CO₂ equivalent (tCO₂e). a
Since 2022, HD Hyundai Marine Solution's Scope 1 emissions have increased by 5.7%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), HD Hyundai Marine Solution's Scope 1 emissions increased by 22.71%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, HD Hyundai Marine Solution reported Scope 2 greenhouse gas (GHG) emissions of 1,225.125 tCO₂e using the location-based method. a
Since 2022, HD Hyundai Marine Solution's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 55.47%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), HD Hyundai Marine Solution's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that HD Hyundai Marine Solution 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, HD Hyundai Marine Solution reported its Scope 2 emissions using the location-based method. a
In 2024, HD Hyundai Marine Solution reported 340,852 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 Marine Solution includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, down from 5 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
In 2024, HD Hyundai Marine Solution reported total Scope 3 emissions of 340,852 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2023), HD Hyundai Marine Solution's Scope 3 emissions decreased by 91.45%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
In 2024, HD Hyundai Marine Solution reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to HD Hyundai Marine Solution's Scope 3 emissions were: a
In 2024, HD Hyundai Marine Solution reported Scope 1 greenhouse gas (GHG) emissions of 209.835 tCO₂e and total revenues of USD 1,190 millions. This translates into an emissions intensity of 0.18 tCO₂e per millions USD. a
In 2024, HD Hyundai Marine Solution reported a Scope 1 emissions intensity of 0.18 tCO₂e per millions USD. Compared to the peer group median of 8 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, HD Hyundai Marine Solution ranked 1 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places HD Hyundai Marine Solution among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, HD Hyundai Marine Solution reported a total carbon footprint of 342,286.96 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 91.42% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to HD Hyundai Marine Solution's total carbon footprint was Scope 3 emissions, accounting for 99.58% of the company's total carbon footprint, followed by Scope 2 emissions at 0.36%. a