Hyundai Glovis Co Ltd
Hyundai Glovis's GHG Emissions Data Preview
In 2024, Hyundai Glovis 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 Glovis 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Hyundai Glovis’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hyundai Glovis's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Hyundai Glovis amounted to 3,391,278 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 2023, the total operational greenhouse gas (GHG) emissions of Hyundai Glovis decreased by 5.68%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Hyundai Glovis's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hyundai Glovis's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Hyundai Glovis were 3,362,338 metric tons of CO₂ equivalent (tCO₂e). a
Has Hyundai Glovis reduced its Scope 1 emissions over time?
Since 2019, Hyundai Glovis's Scope 1 emissions have decreased by 16.94%, reflecting a declining long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Hyundai Glovis's Scope 1 emissions decreased by 5.77%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Hyundai Glovis's Scope 2 emissions?
In 2024, Hyundai Glovis reported Scope 2 greenhouse gas (GHG) emissions of 28,940 tCO₂e using the location-based method. a
Has Hyundai Glovis reduced its Scope 2 emissions over time?
Since 2019, Hyundai Glovis's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 239.19%, reflecting a rising long-term trend in Scope 2 emissions over time. a c
Compared to the previous year (2023), Hyundai Glovis's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hyundai Glovis 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Hyundai Glovis use for Scope 2 reporting?
In 2024, Hyundai Glovis reported its Scope 2 emissions using the location-based method. a
Hyundai Glovis's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Hyundai Glovis's Value Chain Emissions
In 2024, Hyundai Glovis reported 7,387,976 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 2024 disclosure of Hyundai Glovis includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
Hyundai Glovis's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hyundai Glovis's Scope 3 emissions?
In 2024, Hyundai Glovis reported total Scope 3 emissions of 7,387,976 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
Has Hyundai Glovis reduced its Scope 3 emissions over time?
Since 2019, Hyundai Glovis's Scope 3 emissions have increased by 391,419.66%, reflecting a rising long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), Hyundai Glovis's Scope 3 emissions increased by 22,160.32%, suggesting that the company faced challenges in reducing emissions across its value chain. a b
What categories of Scope 3 emissions does Hyundai Glovis disclose?
In 2024, Hyundai Glovis 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 Glovis's Scope 3 emissions?
In 2024, the largest contributors to Hyundai Glovis's Scope 3 emissions were: a
- Upstream Transportation and Distribution (Cat. 4): 6,766,285 tCO₂e (91.59%)
- Fuel- and Energy-Related Services (Cat. 3): 259,424 tCO₂e (3.51%)
- Capital Goods (Cat. 2): 160,931 tCO₂e (2.18%)
Hyundai Glovis's Scope 3 Emissions by Categories
Insights into Hyundai Glovis’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Hyundai Glovis reported Scope 1 greenhouse gas (GHG) emissions of 3,362,338 tCO₂e and total revenues of USD 19,359 millions. This translates into an emissions intensity of 173.68 tCO₂e per millions USD. a
Hyundai Glovis's Scope 1 Emissions Intensity Compared to Peers
How does Hyundai Glovis's GHG emissions intensity compare to its peers?
In 2024, Hyundai Glovis reported a Scope 1 emissions intensity of 173.68 tCO₂e per millions USD. Compared to the peer group median of 11.66 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Hyundai Glovis rank on GHG emissions intensity within its industry?
In 2024, Hyundai Glovis ranked 21 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Hyundai Glovis among the least efficient performers, with one of the highest emissions intensities in its sector. a
Insights into Hyundai Glovis's Total Carbon Footprint
In 2024, Hyundai Glovis reported a total carbon footprint of 10,779,254 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 197.06% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to Hyundai Glovis's total carbon footprint was Scope 3 emissions, accounting for 68.54% of the company's total carbon footprint, followed by Scope 1 emissions at 31.19%. a