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Hyundai Glovis Co Ltd

Common Name
Hyundai Glovis
Country
South Korea
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
2,395
Ticker
086280
Exchange
Korea Exchange
Description
Hyundai Glovis Co., Ltd. is a prominent player in the logistics and supply chain management industry. Established as a subsidiary of the Hyundai Motor Group, its primary function is to streamline glob...

Hyundai Glovis's Climate Target Data Preview

As of 2025, Hyundai Glovis has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hyundai Glovis's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-21%a
2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-70%a
2040
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Hyundai Glovis’s Climate Targets Data

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a. Hyundai Glovis's Sustainability Report 2025

Insights into Hyundai Glovis's Greenhouse Gas Emissions Pathways

As of 2025, Hyundai Glovis has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a

Does Hyundai Glovis have a target to reduce the emissions from its operations?

As of 2025, Hyundai Glovis has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Hyundai Glovis's most ambitious operational target is to reduce these emissions by 70.5% by 2040, compared to a baseline of 3,950,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a

As of 2024, Hyundai Glovis is ahead of schedule on its operational emissions reduction target, having achieved 23.9% of the planned reduction.a

Hyundai Glovis's Operational (Scope 1+2) Emissions Pathway

202120242030204001 M2 M3 M4 MBaselineCurrent (-17%)Target 2040 (-70%)
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