Hyundai Engineering & Construction Co Ltd

Common Name
Hyundai Engineering & Construction
Country
South Korea
Sector
Industrials
Industry
Engineering & Construction
Employees
4,670
Ticker
000720
Exchange
KOREA EXCHANGE
Description
Hyundai Engineering & Construction Co., Ltd. is a leading construction company based in South Korea. Renowned for its expertise in large-scale infrastructure projects, the firm specializes in building...

Hyundai Engineering & Construction's GHG Emissions Data Preview

In 2023, Hyundai Engineering & Construction 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 Engineering & Construction has also provided a category-level breakdown for 10 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 Engineering & Construction's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hyundai Engineering & Construction amounted to 363,374 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 Engineering & Construction decreased by 5.58%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Hyundai Engineering & Construction's Scope 1 Emissions Over Time

2018201920202021202220230150 k300 k450 k600 ktCO2e-1%-60%+4%+78%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Hyundai Engineering & Construction's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hyundai Engineering & Construction were 270,467 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hyundai Engineering & Construction reduced its Scope 1 emissions over time?

Since 2018, Hyundai Engineering & Construction's Scope 1 emissions have decreased by 36.09%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hyundai Engineering & Construction's Scope 1 emissions decreased by 12.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Hyundai Engineering & Construction's Scope 2 emissions?

In 2023, Hyundai Engineering & Construction reported Scope 2 greenhouse gas (GHG) emissions of 92,907 tCOâ‚‚e without specifying the calculation method.

Has Hyundai Engineering & Construction reduced its Scope 2 emissions over time?

Since 2018, Hyundai Engineering & Construction's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 45.54%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hyundai Engineering & Construction's Scope 2 emissions (Unspecified Calculation Method) rose by 23.75% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Hyundai Engineering & Construction use for Scope 2 reporting?

In 2023, Hyundai Engineering & Construction reported its Scope 2 emissions using an unspecified methodology.

Hyundai Engineering & Construction's Scope 2 Emissions Over Time

201820192020202120222023045 k90 k135 k180 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hyundai Engineering & Construction's Value Chain Emissions

In 2023, Hyundai Engineering & Construction reported 5,765,722 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 Engineering & Construction includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hyundai Engineering & Construction's Scope 3 Emissions Over Time

20182019202020212022202302.5 M5 M7.5 M10 MtCO2e-24%+2401%-2%-28%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Hyundai Engineering & Construction's Scope 3 emissions?

In 2023, Hyundai Engineering & Construction reported total Scope 3 emissions of 5,765,722 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 49.96% of these emissions originated from upstream activities such as purchased goods and capital goods, while 50.04% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hyundai Engineering & Construction reduced its Scope 3 emissions over time?

Since 2018, Hyundai Engineering & Construction's Scope 3 emissions have increased by 1,049.73%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hyundai Engineering & Construction's Scope 3 emissions decreased by 13.41%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Hyundai Engineering & Construction disclose?

In 2023, Hyundai Engineering & Construction reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Hyundai Engineering & Construction's Scope 3 emissions?

In 2023, the largest contributors to Hyundai Engineering & Construction's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 2,720,684 tCOâ‚‚e (47.19%)
  • Use of Sold Products (Cat. 11): 2,653,169 tCOâ‚‚e (46.02%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 180,759 tCOâ‚‚e (3.14%)

Hyundai Engineering & Construction's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(46.0%)Purchased Goods andServices (Cat. 1)(47.2%)End-of-LifeTreatment of SoldProducts (Cat. 12)(3.1%)

Insights into Hyundai Engineering & Construction's Total Carbon Footprint

In 2023, Hyundai Engineering & Construction reported a total carbon footprint of 6,129,096 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.98% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Hyundai Engineering & Construction's total carbon footprint was Scope 3 emissions, accounting for 94.07% of the company's total carbon footprint, followed by Scope 1 emissions at 4.41%.

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