In 2024, Hyosung Heavy Industries 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) and Scope 2 (indirect emissions from purchased energy).
However, Hyosung Heavy Industries has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 14,607a | 13,886a | 15,778.94a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 72,577a | 66,735a | 65,921a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 4.3788a | 4.126a | 5.6652a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Hyosung Heavy Industries amounted to 87,184 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 Hyosung Heavy Industries increased by 8.14%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Hyosung Heavy Industries were 14,607 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Hyosung Heavy Industries's Scope 1 emissions have increased by 52.82%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Hyosung Heavy Industries's Scope 1 emissions increased by 5.19%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Hyosung Heavy Industries reported Scope 2 greenhouse gas (GHG) emissions of 72,577 tCO₂e without specifying the calculation method.a
Since 2020, Hyosung Heavy Industries's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 51.49%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Hyosung Heavy Industries's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hyosung Heavy Industries's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Hyosung Heavy Industries reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Hyosung Heavy Industries reported Scope 1 greenhouse gas (GHG) emissions of 14,607 tCO₂e and total revenues of USD 3,336 millions. This translates into an emissions intensity of 4.38 tCO₂e per millions USD.a
In 2024, Hyosung Heavy Industries reported a Scope 1 emissions intensity of 4.38 tCO₂e per millions USD. Compared to the peer group median of 8.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Hyosung Heavy Industries ranked 9 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Hyosung Heavy Industries is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a