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HL Mando Corp

Common Name
HL Mando
Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
3,670
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 2024, 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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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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a
0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind HL Mando’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 HL Mando’s data sources below and access millions more through our Disclosure Search.

a. HL Mando's Sustainability Report 2024
a. HL Mando's Sustainability Report 2024
b. HL Mando's Sustainability Report 2022
b. HL Mando's Sustainability Report 2022

Insights into HL Mando's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofHL Mando amounted to223,803metric 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 HL Mandodecreased by 16.92%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

HL Mando's Scope 1 Emissions Over Time

2020202120222023202405 k10 k15 k20 ktCO2e+132%+1%0%+27%
  • Total Scope 1
  • Year-over-Year Change

What are HL Mando's Scope 1 emissions?

In 2024, the total Scope 1 emissions of HL Mando were 19,432 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has HL Mando reduced its Scope 1 emissions over time?

Since 2020, HL Mando's Scope 1 emissions have increased by 198.59%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), HL Mando's Scope 1 emissions increased by 27.31%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are HL Mando's Scope 2 emissions?

In 2024, HL Mando reported Scope 2 greenhouse gas (GHG) emissions of 204,371 tCOâ‚‚e without specifying the calculation method.a

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 183.61%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2023), HL Mando's Scope 2 emissions(Unspecified Calculation Method) fell by 19.58% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does HL Mando use for Scope 2 reporting?

In 2024, HL Mando reported its Scope 2 emissions using an unspecified methodology.a

HL Mando's Scope 2 Emissions Over Time

20202021202220232024065 k130 k195 k260 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into HL Mando's Value Chain Emissions

In 2024, HL Mando reported 7,721,985 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of HL Mando includes a breakdown across 14of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

HL Mando's Scope 3 Emissions Over Time

2020202120222023202402 M4 M6 M8 MtCO2e+444%+6%-3%+5%
  • Total Scope 3
  • Year-over-Year Change

What are HL Mando's Scope 3 emissions?

In 2024, HL Mando reported total Scope 3 emissions of 7,721,985 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 33.56%of these emissions originated from upstream activities such as purchased goods and capital goods, while 66.44%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has HL Mando reduced its Scope 3 emissions over time?

Since 2020, HL Mando's Scope 3 emissionshave increased by 487.63%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), 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.a

What categories of Scope 3 emissions does HL Mando disclose?

In 2024, HL Mando reported emissions for 14 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 HL Mando's Scope 3 emissions?

In 2024, the largest contributors to HL Mando's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 4,978,578 tCOâ‚‚e(64.47%)
  • Purchased Goods and Services (Cat. 1): 2,229,980 tCOâ‚‚e(28.88%)
  • Downstream Transportation and Distribution (Cat. 9): 110,377 tCOâ‚‚e(1.43%)

HL Mando's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(28.9%)Use of Sold Products(Cat. 11)(64.5%)DownstreamTransportation andDistribution(Cat. 9)(1.4%)

Insights into HL Mando’s GHG Emissions Intensity Compared to Industry Peers

In 2024, HL Mando reported Scope 1 greenhouse gas (GHG) emissions of 19,432 tCOâ‚‚e and total revenues of USD 6,030 millions. This translates into an emissions intensity of 3.22 tCOâ‚‚e per millions USD.a

HL Mando's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)5002,0005,00020,000100,000Revenues (Millions of USD)HNATHAAMYear: 2024Scope 1: 91,346 tCO2eRevenue: $M 6,125Scope 1 Intensity: 14.91 tCO2e/$MCooper-Standard HoldingsYear: 2024Scope 1: 60,710 tCO2eRevenue: $M 2,731Scope 1 Intensity: 22.23 tCO2e/$MHankook Tire & TechnologyYear: 2024Scope 1: 243,616 tCO2eRevenue: $M 6,414Scope 1 Intensity: 37.98 tCO2e/$MKumho TireYear: 2024Scope 1: 158,859 tCO2eRevenue: $M 3,089Scope 1 Intensity: 51.43 tCO2e/$MHHHyundai MobisYear: 2024Scope 1: 52,991 tCO2eRevenue: $M 39,007Scope 1 Intensity: 1.36 tCO2e/$MHuizhou Desay SV AutomotiveYear: 2024Scope 1: 946 tCO2eRevenue: $M 3,784Scope 1 Intensity: 0.25 tCO2e/$MPirelli & CYear: 2024Scope 1: 215,247 tCO2eRevenue: $M 7,048Scope 1 Intensity: 30.54 tCO2e/$MTS TechYear: 2025Scope 1: 7,548 tCO2eRevenue: $M 3,071Scope 1 Intensity: 2.46 tCO2e/$MToyo TireYear: 2024Scope 1: 265,100 tCO2eRevenue: $M 3,601Scope 1 Intensity: 73.62 tCO2e/$MAutolivYear: 2024Scope 1: 75,000 tCO2eRevenue: $M 10,390Scope 1 Intensity: 7.22 tCO2e/$MREPT BATTERO EnergyYear: 2024Scope 1: 109,896 tCO2eRevenue: $M 2,501Scope 1 Intensity: 43.93 tCO2e/$MAdientYear: 2024Scope 1: 54,917 tCO2eRevenue: $M 14,688Scope 1 Intensity: 3.74 tCO2e/$MApollo TyresYear: 2025Scope 1: 275,903 tCO2eRevenue: $M 3,017Scope 1 Intensity: 91.44 tCO2e/$MNingbo Tuopu GroupYear: 2024Scope 1: 2,447 tCO2eRevenue: $M 3,645Scope 1 Intensity: 0.67 tCO2e/$MNNNexen TireYear: 2024Scope 1: 80,237 tCO2eRevenue: $M 1,941Scope 1 Intensity: 41.34 tCO2e/$MSailun GroupYear: 2024Scope 1: 622,576 tCO2eRevenue: $M 4,358Scope 1 Intensity: 142.87 tCO2e/$MLinamarYear: 2024Scope 1: 155,271 tCO2eRevenue: $M 7,356Scope 1 Intensity: 21.11 tCO2e/$MAAAnhui Zhongding Sealing PartsYear: 2024Scope 1: 22,121 tCO2eRevenue: $M 2,583Scope 1 Intensity: 8.56 tCO2e/$MMRFYear: 2025Scope 1: 594,035 tCO2eRevenue: $M 3,274Scope 1 Intensity: 181.43 tCO2e/$MHyundai WiaYear: 2024Scope 1: 16,300 tCO2eRevenue: $M 5,575Scope 1 Intensity: 2.92 tCO2e/$MHanon SystemsYear: 2024Scope 1: 52,321 tCO2eRevenue: $M 6,814Scope 1 Intensity: 7.68 tCO2e/$MNHK SpringYear: 2025Scope 1: 43,000 tCO2eRevenue: $M 5,346Scope 1 Intensity: 8.04 tCO2e/$MStanley ElectricYear: 2021Scope 1: 3,464 tCO2eRevenue: $M 3,261Scope 1 Intensity: 1.06 tCO2e/$MTTTianneng Power InternationalYear: 2024Scope 1: 344,636 tCO2eRevenue: $M 11,490Scope 1 Intensity: 30.00 tCO2e/$MHHHL MandoYear: 2024Scope 1: 19,432 tCO2eRevenue: $M 6,030Scope 1 Intensity: 3.22 tCO2e/$M

How does HL Mando's GHG emissions intensity compare to its peers?

In 2024, HL Mando reported a Scope 1 emissions intensity of 3.22 tCOâ‚‚e per millions USD. Compared to the peer group median of 18.01, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does HL Mando rank on GHG emissions intensity within its industry?

In 2024, HL Mando ranked 7 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

HL Mando is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into HL Mando's Total Carbon Footprint

In 2024, HL Mando reported a total carbon footprint of 7,945,788 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to HL Mando's total carbon footprint was Scope 3 emissions, accounting for 97.18% of the company's total carbon footprint, followed by Scope 2 emissions at 2.57%.a

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