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)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 Engineering & Construction’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 Engineering & Construction’s data sources below and access millions more through our Disclosure Search.

a. Hyundai Engineering & Construction's Sustainability Report 2024
a. Hyundai Engineering & Construction's Sustainability Report 2024
b. Hyundai Engineering & Construction's Sustainability Report 2022
b. Hyundai Engineering & Construction's Sustainability Report 2022

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). a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a b

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. a

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

In 2023, Hyundai Engineering & Construction reported Scope 2 greenhouse gas (GHG) emissions of 92,907 tCO₂e without specifying the calculation method. a

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. a b

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 a

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. a

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 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 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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a b

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. a

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. a

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: a

  • Purchased Goods and Services (Cat. 1): 2,720,684 tCO₂e (47.19%)
  • Use of Sold Products (Cat. 11): 2,653,169 tCO₂e (46.02%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 180,759 tCO₂e (3.14%)

Hyundai Engineering & Construction's Scope 3 Emissions by Categories

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

Insights into Hyundai Engineering & Construction’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Hyundai Engineering & Construction reported Scope 1 greenhouse gas (GHG) emissions of 270,467 tCO₂e and total revenues of USD 23,204 millions. This translates into an emissions intensity of 11.66 tCO₂e per millions USD. a

Hyundai Engineering & Construction's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)505002,00020,000100,000Revenues (Millions of USD)EHPEEEcoPro MaterialsYear: 2024Scope 1: 31,914 tCO2eRevenue: $M 204Scope 1 Intensity: 156.18 tCO2e/$MKPSYear: 2024Scope 1: 3,864 tCO2eRevenue: $M 1,061Scope 1 Intensity: 3.64 tCO2e/$MHyundai GlovisYear: 2024Scope 1: 3,362,338 tCO2eRevenue: $M 19,359Scope 1 Intensity: 173.68 tCO2e/$MLG Energy SolutionYear: 2024Scope 1: 355,030 tCO2eRevenue: $M 17,459Scope 1 Intensity: 20.33 tCO2e/$MCJ LogisticsYear: 2023Scope 1: 107,186 tCO2eRevenue: $M 9,209Scope 1 Intensity: 11.64 tCO2e/$MHMMYear: 2023Scope 1: 5,456,615 tCO2eRevenue: $M 6,574Scope 1 Intensity: 829.99 tCO2e/$MDL E&CYear: 2024Scope 1: 54,004 tCO2eRevenue: $M 5,669Scope 1 Intensity: 9.53 tCO2e/$MSamsung C&TYear: 2023Scope 1: 100,589 tCO2eRevenue: $M 32,787Scope 1 Intensity: 3.07 tCO2e/$MSamsung SDIYear: 2024Scope 1: 282,108 tCO2eRevenue: $M 11,307Scope 1 Intensity: 24.95 tCO2e/$MSamsung E&AYear: 2023Scope 1: 33,042 tCO2eRevenue: $M 8,315Scope 1 Intensity: 3.97 tCO2e/$MGS Engineering & ConstructionYear: 2023Scope 1: 51,720 tCO2eRevenue: $M 10,515Scope 1 Intensity: 4.92 tCO2e/$MKorea Aerospace IndustriesYear: 2024Scope 1: 19,821 tCO2eRevenue: $M 2,476Scope 1 Intensity: 8.00 tCO2e/$MHD Hyundai Heavy IndustriesYear: 2024Scope 1: 309,407 tCO2eRevenue: $M 9,872Scope 1 Intensity: 31.34 tCO2e/$MHanwha AeroSpaceYear: 2024Scope 1: 37,211 tCO2eRevenue: $M 7,660Scope 1 Intensity: 4.86 tCO2e/$MDaewoo E&CYear: 2023Scope 1: 3,928 tCO2eRevenue: $M 9,116Scope 1 Intensity: 0.43 tCO2e/$MHD KSOEYear: 2024Scope 1: 3,201 tCO2eRevenue: $M 17,406Scope 1 Intensity: 0.18 tCO2e/$MSamsung Heavy IndustriesYear: 2024Scope 1: 315,969 tCO2eRevenue: $M 6,749Scope 1 Intensity: 46.82 tCO2e/$MDoosanYear: 2023Scope 1: 183,864 tCO2eRevenue: $M 14,971Scope 1 Intensity: 12.28 tCO2e/$MGS HoldingsYear: 2023Scope 1: 15,064,399 tCO2eRevenue: $M 20,330Scope 1 Intensity: 740.99 tCO2e/$MDoosan EnerbilityYear: 2024Scope 1: 196,452 tCO2eRevenue: $M 11,063Scope 1 Intensity: 17.76 tCO2e/$MHHHanwha OceanYear: 2024Scope 1: 202,343 tCO2eRevenue: $M 7,344Scope 1 Intensity: 27.55 tCO2e/$MLSYear: 2023Scope 1: 228,350 tCO2eRevenue: $M 19,158Scope 1 Intensity: 11.92 tCO2e/$MHanwhaYear: 2024Scope 1: 64,480 tCO2eRevenue: $M 37,923Scope 1 Intensity: 1.70 tCO2e/$MPosco InternationalYear: 2024Scope 1: 7,635,243 tCO2eRevenue: $M 22,040Scope 1 Intensity: 346.43 tCO2e/$MPPPosco Future MYear: 2024Scope 1: 1,885,309 tCO2eRevenue: $M 2,521Scope 1 Intensity: 747.71 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$M

How does Hyundai Engineering & Construction's GHG emissions intensity compare to its peers?

In 2023, Hyundai Engineering & Construction reported a Scope 1 emissions intensity of 11.66 tCO₂e per millions USD. Compared to the peer group median of 12.28 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Hyundai Engineering & Construction rank on GHG emissions intensity within its industry?

In 2023, Hyundai Engineering & Construction ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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 CO₂ equivalent (tCO₂e) 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. a

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%. a

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