Hyundai Department Store Co Ltd

Common Name
Hyundai Department Store
Country
South Korea
Sector
Consumer Cyclical
Industry
Department Stores
Employees
3,172
Ticker
069960
Exchange
KOREA EXCHANGE
Description
Hyundai Department Store Co., Ltd. is a prominent retail company based in South Korea, specializing in the operation of department stores and other retail establishments. A key player in the retail se...

Hyundai Department Store's GHG Emissions Data Preview

In 2023, Hyundai Department Store 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).

Hyundai Department Store has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 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 Hyundai Department Store’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 Hyundai Department Store’s data sources below and access millions more through our Disclosure Search.

a. Hyundai Department Store's Sustainability Report 2023
a. Hyundai Department Store's Sustainability Report 2023

Insights into Hyundai Department Store's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hyundai Department Store amounted to 230,604 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 2022, the total operational greenhouse gas (GHG) emissions of Hyundai Department Store decreased by 2.28%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Hyundai Department Store's Scope 1 Emissions Over Time

20212022202306.5 k13 k19.5 k26 ktCO2e+7%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Hyundai Department Store's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hyundai Department Store were 22,859 metric tons of CO₂ equivalent (tCO₂e). a

Has Hyundai Department Store reduced its Scope 1 emissions over time?

Since 2021, Hyundai Department Store's Scope 1 emissions have remained relatively, stable, indicating that Hyundai Department Store's emissions have plateaued with no significant change in its operational footprint. a

Compared to the previous year (2022), Hyundai Department Store's Scope 1 emissions decreased by 5.84%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Hyundai Department Store's Scope 2 emissions?

In 2023, Hyundai Department Store reported Scope 2 greenhouse gas (GHG) emissions of 207,745 tCO₂e without specifying the calculation method. a

Has Hyundai Department Store reduced its Scope 2 emissions over time?

Since 2021, Hyundai Department Store's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Hyundai Department Store 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Hyundai Department Store's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hyundai Department Store 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Hyundai Department Store use for Scope 2 reporting?

In 2023, Hyundai Department Store reported its Scope 2 emissions using an unspecified methodology. a

Hyundai Department Store's Scope 2 Emissions Over Time

202120222023055 k110 k165 k220 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hyundai Department Store's Value Chain Emissions

In 2023, Hyundai Department Store reported 32,264 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of Hyundai Department Store includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Hyundai Department Store's Scope 3 Emissions Over Time

2022202308.5 k17 k25.5 k34 ktCO2e+229%
  • Total Scope 3
  • Year-over-Year Change

What are Hyundai Department Store's Scope 3 emissions?

In 2023, Hyundai Department Store reported total Scope 3 emissions of 32,264 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), Hyundai Department Store's Scope 3 emissions increased by 229.16%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Hyundai Department Store disclose?

In 2023, Hyundai Department Store reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Hyundai Department Store's Scope 3 emissions?

In 2023, the largest contributors to Hyundai Department Store's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 17,670 tCO₂e (54.77%)
  • Waste Generated in Operations (Cat. 5): 5,692 tCO₂e (17.64%)
  • Purchased Goods and Services (Cat. 1): 4,755 tCO₂e (14.74%)

Hyundai Department Store's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(14.7%)Waste Generated inOperations (Cat. 5)(17.6%)Fuel- andEnergy-RelatedServices (Cat. 3)(54.8%)

Insights into Hyundai Department Store’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Hyundai Department Store reported Scope 1 greenhouse gas (GHG) emissions of 22,859 tCO₂e and total revenues of USD 3,293 millions. This translates into an emissions intensity of 6.94 tCO₂e per millions USD. a

Hyundai Department Store's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)RFLF&F HoldingsYear: 2023Scope 1: 439 tCO2eRevenue: $M 1,554Scope 1 Intensity: 0.28 tCO2e/$MLojas RennerYear: 2024Scope 1: 4,397 tCO2eRevenue: $M 2,337Scope 1 Intensity: 1.88 tCO2e/$MRRRipleyYear: 2022Scope 1: 1,882 tCO2eRevenue: $M 2,446Scope 1 Intensity: 0.77 tCO2e/$MGPAYear: 2023Scope 1: 252,837 tCO2eRevenue: $M 3,969Scope 1 Intensity: 63.70 tCO2e/$MFFFar Eastern Department StoresYear: 2023Scope 1: 5,512 tCO2eRevenue: $M 1,197Scope 1 Intensity: 4.60 tCO2e/$MPepkor HoldingsYear: 2023Scope 1: 28,859 tCO2eRevenue: $M 4,173Scope 1 Intensity: 6.92 tCO2e/$MMatahari Department StoreYear: 2024Scope 1: 433 tCO2eRevenue: $M 398Scope 1 Intensity: 1.09 tCO2e/$MShoprite HoldingsYear: 2024Scope 1: 748,589 tCO2eRevenue: $M 12,756Scope 1 Intensity: 58.68 tCO2e/$MShinsegaeYear: 2023Scope 1: 15,158 tCO2eRevenue: $M 4,975Scope 1 Intensity: 3.05 tCO2e/$MTokyuYear: 2023Scope 1: 121,875 tCO2eRevenue: $M 6,992Scope 1 Intensity: 17.43 tCO2e/$MOrganizacion SorianaYear: 2023Scope 1: 631,395 tCO2eRevenue: $M 10,382Scope 1 Intensity: 60.82 tCO2e/$MIsetan Mitsukoshi HoldingsYear: 2025Scope 1: 26,479 tCO2eRevenue: $M 3,704Scope 1 Intensity: 7.15 tCO2e/$MFoschini GroupYear: 2025Scope 1: 4,149 tCO2eRevenue: $M 3,180Scope 1 Intensity: 1.30 tCO2e/$MWoolworths HoldingsYear: 2024Scope 1: 57,227 tCO2eRevenue: $M 4,207Scope 1 Intensity: 13.60 tCO2e/$MTakashimayaYear: 2022Scope 1: 19,910 tCO2eRevenue: $M 6,585Scope 1 Intensity: 3.02 tCO2e/$MKohlsYear: 2023Scope 1: 28,225 tCO2eRevenue: $M 17,476Scope 1 Intensity: 1.62 tCO2e/$MMarks and Spencer GroupYear: 2025Scope 1: 210,164 tCO2eRevenue: $M 17,877Scope 1 Intensity: 11.76 tCO2e/$MMacy'sYear: 2022Scope 1: 40,901 tCO2eRevenue: $M 25,448Scope 1 Intensity: 1.61 tCO2e/$MGS RetailYear: 2024Scope 1: 2,209 tCO2eRevenue: $M 7,923Scope 1 Intensity: 0.28 tCO2e/$MYuyuan Tourist MartYear: 2023Scope 1: 15,842 tCO2eRevenue: $M 8,181Scope 1 Intensity: 1.94 tCO2e/$MFalabellaYear: 2023Scope 1: 145,950 tCO2eRevenue: $M 12,739Scope 1 Intensity: 11.46 tCO2e/$MLLLotte ShoppingYear: 2024Scope 1: 192,966 tCO2eRevenue: $M 9,532Scope 1 Intensity: 20.24 tCO2e/$MHyundai Department StoreYear: 2023Scope 1: 22,859 tCO2eRevenue: $M 3,293Scope 1 Intensity: 6.94 tCO2e/$M

How does Hyundai Department Store's GHG emissions intensity compare to its peers?

In 2023, Hyundai Department Store reported a Scope 1 emissions intensity of 6.94 tCO₂e per millions USD. Compared to the peer group median of 3.83 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Hyundai Department Store rank on GHG emissions intensity within its industry?

In 2023, Hyundai Department Store ranked 14 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Hyundai Department Store's Total Carbon Footprint

In 2023, Hyundai Department Store reported a total carbon footprint of 262,868 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.95% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Hyundai Department Store's total carbon footprint was Scope 2 emissions, accounting for 79.03% of the company's total carbon footprint, followed by Scope 3 emissions at 12.27%. a

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