HL Mando Corp

Common Name
HL Mando
Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
3,821
Ticker
204320
Exchange
KOREA EXCHANGE
Description
HL Mando Co., Ltd. is a prominent player in the automotive industry, specializing in the production and supply of cutting-edge automotive components. The company's primary focus lies in the manufactur...

HL Mando's GHG Emissions Data Preview

In 2023, HL Mando 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).

HL Mando has also provided a category-level breakdown for 14 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into HL Mando's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of HL Mando amounted to 296,036 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of HL Mando increased by 12.57%, suggesting that the company faced challenges in reducing its emissions from its core operations.

HL Mando's Scope 1 Emissions Over Time

202020212022202304.5 k9 k13.5 k18 ktCO2e+132%+18%-1%
  • Total Scope 1
  • Year-over-Year Change

What are HL Mando's Scope 1 emissions?

In 2023, the total Scope 1 emissions of HL Mando were 17,659 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has HL Mando reduced its Scope 1 emissions over time?

Since 2020, HL Mando's Scope 1 emissions have increased by 171.34%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), HL Mando's Scope 1 emissions remained relatively stable, indicating that HL Mando's emissions have plateaued with no significant change in its operational footprint.

What are HL Mando's Scope 2 emissions?

In 2023, HL Mando reported Scope 2 greenhouse gas (GHG) emissions of 278,377 tCOâ‚‚e without specifying the calculation method.

Has HL Mando reduced its Scope 2 emissions over time?

Since 2020, HL Mando's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 286.31%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), HL Mando's Scope 2 emissions (Unspecified Calculation Method) rose by 13.55% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does HL Mando use for Scope 2 reporting?

In 2023, HL Mando reported its Scope 2 emissions using an unspecified methodology.

HL Mando's Scope 2 Emissions Over Time

2020202120222023070 k140 k210 k280 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into HL Mando's Value Chain Emissions

In 2023, HL Mando reported 7,759,307 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of HL Mando includes a breakdown across 14 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

HL Mando's Scope 3 Emissions Over Time

202020212022202302 M4 M6 M8 MtCO2e+444%+12%-3%
  • Total Scope 3
  • Year-over-Year Change

What are HL Mando's Scope 3 emissions?

In 2023, HL Mando reported total Scope 3 emissions of 7,759,307 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 30.91% of these emissions originated from upstream activities such as purchased goods and capital goods, while 69.09% came from downstream activities like product use, distribution, and end-of-life treatment.

Has HL Mando reduced its Scope 3 emissions over time?

Since 2020, HL Mando's Scope 3 emissions have increased by 490.47%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), HL Mando's Scope 3 emissions remained relatively stable, indicating that HL Mando 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does HL Mando disclose?

In 2023, HL Mando reported emissions for 14 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of HL Mando's Scope 3 emissions?

In 2023, the largest contributors to HL Mando's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 4,934,070 tCOâ‚‚e (66.94%)
  • Purchased Goods and Services (Cat. 1): 1,928,901 tCOâ‚‚e (26.17%)
  • Downstream Transportation and Distribution (Cat. 9): 173,740 tCOâ‚‚e (2.36%)

HL Mando's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(26.2%)Use of Sold Products(Cat. 11)(66.9%)DownstreamTransportation andDistribution(Cat. 9)(2.4%)

Insights into HL Mando's Total Carbon Footprint

In 2023, HL Mando reported a total carbon footprint of 8,055,343 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.28% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to HL Mando's total carbon footprint was Scope 3 emissions, accounting for 96.32% of the company's total carbon footprint, followed by Scope 2 emissions at 3.46%.