Hyosung Heavy Industries Corp

Common Name
Hyosung Heavy Industries
Country
South Korea
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
3,076
Ticker
298040
Exchange
KOREA EXCHANGE
Description
Hyosung Heavy Industries Corporation is a prominent entity specializing in the manufacturing and provision of industrial machinery, systems, and construction services. Known for its comprehensive appr...

Hyosung Heavy Industries's GHG Emissions Data Preview

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)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 Hyosung Heavy Industries’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 Hyosung Heavy Industries’s data sources below and access millions more through our Disclosure Search.

a. Hyosung Heavy Industries's Sustainability Report 2024
a. Hyosung Heavy Industries's Sustainability Report 2024
b. Hyosung Heavy Industries's Sustainability Report 2023
b. Hyosung Heavy Industries's Sustainability Report 2023

Insights into Hyosung Heavy Industries's Operational Emissions

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

Hyosung Heavy Industries's Scope 1 Emissions Over Time

2020202120222023202404 k8 k12 k16 ktCO2e-6%+75%-12%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Hyosung Heavy Industries's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hyosung Heavy Industries were 14,607 metric tons of CO₂ equivalent (tCO₂e). a

Has Hyosung Heavy Industries reduced its Scope 1 emissions over time?

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. a b

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

What are Hyosung Heavy Industries's Scope 2 emissions?

In 2024, Hyosung Heavy Industries reported Scope 2 greenhouse gas (GHG) emissions of 72,577 tCO₂e without specifying the calculation method. a

Has Hyosung Heavy Industries reduced its Scope 2 emissions over time?

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. a b

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

What methodology does Hyosung Heavy Industries use for Scope 2 reporting?

In 2024, Hyosung Heavy Industries reported its Scope 2 emissions using an unspecified methodology. a

Hyosung Heavy Industries's Scope 2 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hyosung Heavy Industries’s GHG Emissions Intensity Compared to Industry Peers

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

Hyosung Heavy Industries's Scope 1 Emissions Intensity Compared to Peers

502,000100,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2002,00010,00050,000200,000Revenues (Millions of USD)HHHHPHyundai GlovisYear: 2024Scope 1: 3,362,338 tCO2eRevenue: $M 19,359Scope 1 Intensity: 173.68 tCO2e/$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: $M 2,264Scope 1 Intensity: 3.01 tCO2e/$MHyundai RotemYear: 2024Scope 1: 7,632 tCO2eRevenue: $M 2,983Scope 1 Intensity: 2.56 tCO2e/$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: $M 3,413Scope 1 Intensity: 784.91 tCO2e/$MHHHD Hyundai MipoYear: 2024Scope 1: 57,110 tCO2eRevenue: $M 3,155Scope 1 Intensity: 18.10 tCO2e/$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: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MHanwhaYear: 2024Scope 1: 64,480 tCO2eRevenue: $M 37,923Scope 1 Intensity: 1.70 tCO2e/$MPPPosco Future MYear: 2024Scope 1: 1,885,309 tCO2eRevenue: $M 2,521Scope 1 Intensity: 747.71 tCO2e/$MHyosung Heavy IndustriesYear: 2024Scope 1: 14,607 tCO2eRevenue: $M 3,336Scope 1 Intensity: 4.38 tCO2e/$M

How does Hyosung Heavy Industries's GHG emissions intensity compare to its peers?

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 11.66 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Hyosung Heavy Industries rank on GHG emissions intensity within its industry?

In 2024, Hyosung Heavy Industries ranked 10 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

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