Hyosung TNC Corp

Common Name
Hyosung TNC
Country
South Korea
Sector
Consumer Cyclical
Industry
Textile Manufacturing
Employees
1,351
Ticker
298020
Exchange
KOREA EXCHANGE
Description
Hyosung TNC Corporation is a prominent player in the textile industry and a major chemical fiber manufacturer. It specializes in producing spandex yarn, which is a staple in various forms of apparel f...

Hyosung TNC's Climate Target Data Preview

As of 2023, Hyosung TNC has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hyosung TNC ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2024
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets 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 Hyosung TNC's Greenhouse Gas Emissions Pathways

As of 2023, Hyosung TNC has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Hyosung TNC have a target to reduce the emissions from its operations?

As of 2023, Hyosung TNC has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Hyosung TNC's most ambitious operational target is to reduce these emissions by 40% by 2024, compared to a baseline of 406,626 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Hyosung TNC is ahead of schedule on its operational emissions reduction target, having achieved 90.3% of the planned reduction.

Hyosung TNC's Operational (Scope 1+2) Emissions Pathway

2018202320240150 k300 k450 k600 kBaselineCurrent (-36%)
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