HD Hyundai Mipo Co Ltd

Common Name
HD Hyundai Mipo
Country
South Korea
Sector
Industrials
Industry
Marine Shipping
Employees
3,208
Ticker
010620
Exchange
KOREA EXCHANGE
Description
HD Hyundai Mipo Dockyard Co., Ltd. is a prominent player in the global shipbuilding industry, primarily engaged in the construction of a diverse range of vessels. The company specializes in medium-siz...

HD Hyundai Mipo's GHG Emissions Data Preview

In 2024, HD Hyundai Mipo 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 Mipo has also provided a category-level breakdown for 9 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind HD Hyundai Mipo’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 Mipo’s data sources below and access millions more through our Disclosure Search.

a. HD Hyundai Mipo's Sustainability Report 2024
a. HD Hyundai Mipo's Sustainability Report 2024
b. HD Hyundai Mipo's Integrated Report 2023
b. HD Hyundai Mipo's Integrated Report 2023

Insights into HD Hyundai Mipo's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of HD Hyundai Mipo amounted to 166,917 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 Mipo increased by 2.34%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

HD Hyundai Mipo's Scope 1 Emissions Over Time

2021202220232024015 k30 k45 k60 ktCO2e+10%+3%0%
  • Total Scope 1
  • Year-over-Year Change

What are HD Hyundai Mipo's Scope 1 emissions?

In 2024, the total Scope 1 emissions of HD Hyundai Mipo were 57,110 metric tons of CO₂ equivalent (tCO₂e). a

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

Since 2021, HD Hyundai Mipo's Scope 1 emissions have increased by 12.65%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), HD Hyundai Mipo's Scope 1 emissions remained relatively stable, indicating that HD Hyundai Mipo's emissions have plateaued with no significant change in its operational footprint. a

What are HD Hyundai Mipo's Scope 2 emissions?

In 2024, HD Hyundai Mipo reported Scope 2 greenhouse gas (GHG) emissions of 109,807 tCO₂e without specifying the calculation method. a

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

Since 2021, HD Hyundai Mipo's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that HD Hyundai Mipo 's emissions have plateaued with no significant change in its energy consumption footprint. a b

Compared to the previous year (2023), HD Hyundai Mipo's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that HD Hyundai Mipo 's emissions have plateaued with no significant change in its energy consumption footprint. a

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

In 2024, HD Hyundai Mipo reported its Scope 2 emissions using an unspecified methodology. a

HD Hyundai Mipo's Scope 2 Emissions Over Time

2021202220232024030 k60 k90 k120 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into HD Hyundai Mipo's Value Chain Emissions

In 2024, HD Hyundai Mipo reported 28,770,946 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 Mipo includes a breakdown across 9 of 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 Mipo's Scope 3 Emissions Over Time

202120222023202407.5 M15 M22.5 M30 MtCO2e+69%+19%+12%
  • Total Scope 3
  • Year-over-Year Change

What are HD Hyundai Mipo's Scope 3 emissions?

In 2024, HD Hyundai Mipo reported total Scope 3 emissions of 28,770,946 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 4.27% of these emissions originated from upstream activities such as purchased goods and capital goods, while 95.73% came from downstream activities like product use, distribution, and end-of-life treatment. a

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

Since 2021, HD Hyundai Mipo's Scope 3 emissions have increased by 124.64%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), HD Hyundai Mipo's Scope 3 emissions increased by 11.96%, suggesting that the company faced challenges in reducing emissions across its value chain. a

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

In 2024, HD Hyundai Mipo reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

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

In 2024, the largest contributors to HD Hyundai Mipo's Scope 3 emissions were: a

  • Use of Sold Products (Cat. 11): 27,541,265 tCO₂e (95.73%)
  • Purchased Goods and Services (Cat. 1): 1,146,315 tCO₂e (3.98%)
  • Upstream Transportation and Distribution (Cat. 4): 26,420 tCO₂e (0.09%)

HD Hyundai Mipo's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(4.0%)Use of Sold Products(Cat. 11)(95.7%)

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

In 2024, HD Hyundai Mipo reported Scope 1 greenhouse gas (GHG) emissions of 57,110 tCO₂e and total revenues of USD 3,155 millions. This translates into an emissions intensity of 18.1 tCO₂e per millions USD. a

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

502,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)EHHHHHEEEcoPro MaterialsYear: 2024Scope 1: 31,914 tCO2eRevenue: $M 204Scope 1 Intensity: 156.18 tCO2e/$MHMMYear: 2023Scope 1: 5,456,615 tCO2eRevenue: $M 6,574Scope 1 Intensity: 829.99 tCO2e/$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: $M 2,993Scope 1 Intensity: 4.73 tCO2e/$MHHHD Hyundai InfracoreYear: 2023Scope 1: 29,872 tCO2eRevenue: $M 3,646Scope 1 Intensity: 8.19 tCO2e/$MSKYear: 2024Scope 1: 9,891,457 tCO2eRevenue: $M 84,974Scope 1 Intensity: 116.41 tCO2e/$MDoosan BobcatYear: 2023Scope 1: 52,458 tCO2eRevenue: $M 7,637Scope 1 Intensity: 6.87 tCO2e/$MPan OceanYear: 2023Scope 1: 2,678,713 tCO2eRevenue: $M 3,413Scope 1 Intensity: 784.91 tCO2e/$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: $M 19,158Scope 1 Intensity: 11.92 tCO2e/$MHanwha SystemsYear: 2024Scope 1: 640 tCO2eRevenue: $M 1,910Scope 1 Intensity: 0.33 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MSK NetworksYear: 2023Scope 1: 9,287 tCO2eRevenue: $M 7,148Scope 1 Intensity: 1.30 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$M

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

In 2024, HD Hyundai Mipo reported a Scope 1 emissions intensity of 18.1 tCO₂e per millions USD. Compared to the peer group median of 8.19 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2024, HD Hyundai Mipo ranked 18 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

HD Hyundai Mipo 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 Mipo's Total Carbon Footprint

In 2024, HD Hyundai Mipo reported a total carbon footprint of 28,937,863 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.9% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to HD Hyundai Mipo's total carbon footprint was Scope 3 emissions, accounting for 99.42% of the company's total carbon footprint, followed by Scope 2 emissions at 0.38%. a

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