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Hyosung TNC Corp
Hyosung TNC's GHG Emissions Data Preview
In 2024, Hyosung TNC 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).
Hyosung TNC has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Hyosung TNC’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 TNC’s data sources below and access millions more through our Disclosure Search.
Insights into Hyosung TNC's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofHyosung TNC amounted to1,566,504metric 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 TNCincreased by 7.04%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Hyosung TNC's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hyosung TNC's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hyosung TNC were 340,879 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Hyosung TNC reduced its Scope 1 emissions over time?
Since 2020, Hyosung TNC's Scope 1 emissions have increased by 143.89%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Hyosung TNC's Scope 1 emissions increased by 4.75%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Hyosung TNC's Scope 2 emissions?
In 2024, Hyosung TNC reported Scope 2 greenhouse gas (GHG) emissions of 1,225,625 tCOâ‚‚e without specifying the calculation method.a
Has Hyosung TNC reduced its Scope 2 emissions over time?
Since 2020, Hyosung TNC's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have increased by 57.92%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Hyosung TNC's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Hyosung TNC's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Hyosung TNC use for Scope 2 reporting?
In 2024, Hyosung TNC reported its Scope 2 emissions using an unspecified methodology.a
Hyosung TNC's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Hyosung TNC's Value Chain Emissions
In 2024, Hyosung TNC reported 10,936,241 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 Hyosung TNC includes a breakdown across 12of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Hyosung TNC's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hyosung TNC's Scope 3 emissions?
In 2024, Hyosung TNC reported total Scope 3 emissions of 10,936,241 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 63.55%of these emissions originated from upstream activities such as purchased goods and capital goods, while 36.45%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Hyosung TNC's Scope 3 emissions remained relatively stable, indicating that Hyosung TNC's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Hyosung TNC disclose?
In 2024, Hyosung TNC reported emissions for 12 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 Hyosung TNC's Scope 3 emissions?
In 2024, the largest contributors to Hyosung TNC's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 5,880,789 tCOâ‚‚e(53.77%)
- Use of Sold Products (Cat. 11): 3,454,126 tCOâ‚‚e(31.58%)
- Fuel- and Energy-Related Services (Cat. 3): 695,882 tCOâ‚‚e(6.36%)
Hyosung TNC's Scope 3 Emissions by Categories
Insights into Hyosung TNC’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hyosung TNC reported Scope 1 greenhouse gas (GHG) emissions of 340,879 tCOâ‚‚e and total revenues of USD 5,299 millions. This translates into an emissions intensity of 64.33 tCOâ‚‚e per millions USD.a
Hyosung TNC's Scope 1 Emissions Intensity Compared to Peers
How does Hyosung TNC's GHG emissions intensity compare to its peers?
In 2024, Hyosung TNC reported a Scope 1 emissions intensity of 64.33 tCOâ‚‚e per millions USD. Compared to the peer group median of 85.68, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Hyosung TNC rank on GHG emissions intensity within its industry?
In 2024, Hyosung TNC ranked 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Hyosung TNC is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Hyosung TNC's Total Carbon Footprint
In 2024, Hyosung TNC reported a total carbon footprint of 12,502,745 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.86% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Hyosung TNC's total carbon footprint was Scope 3 emissions, accounting for 87.47% of the company's total carbon footprint, followed by Scope 2 emissions at 9.8%.a