Hyundai Department Store Co Ltd

Common Name
Hyundai Department Store
Country
South Korea
Sector
Consumer Cyclical
Industry
Department Stores
Employees
3,138
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)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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This table provides a simplified preview of selected GHG emissions 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 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).

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.

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Hyundai Department Store's Scope 2 emissions?

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

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.

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.

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.

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 COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

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

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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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:

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

Hyundai Department Store's Scope 3 Emissions by Categories

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

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 COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.