Hyundai Glovis Co Ltd
Hyundai Glovis's GHG Emissions Data Preview
In 2023, 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 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 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 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
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.  a | Copy restricted. Please purchase to unlock this data.  a | 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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Verified Sources Behind Hyundai Glovis’s Greenhouse Gas (GHG) Emissions Data
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Insights into Hyundai Glovis's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Hyundai Glovis amounted to 3,500,014 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 Glovis decreased by 11.06%, 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 2023, the total Scope 1 emissions of Hyundai Glovis were 3,489,416 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 13.8%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Hyundai Glovis's Scope 1 emissions decreased by 11.08%, 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 2023, Hyundai Glovis reported Scope 2 greenhouse gas (GHG) emissions of 10,598 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 24.21%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), 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 2023, 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
- Total Scope 2 Market-Based
Insights into Hyundai Glovis's Value Chain Emissions
In 2023, Hyundai Glovis reported 33,189 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 Glovis includes a breakdown across 2 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 Glovis's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hyundai Glovis's Scope 3 emissions?
In 2023, Hyundai Glovis reported total Scope 3 emissions of 33,189 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 1,658.82%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2022), Hyundai Glovis's Scope 3 emissions decreased by 16.47%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does Hyundai Glovis disclose?
In 2023, Hyundai Glovis reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Hyundai Glovis's Scope 3 emissions?
In 2023, the largest contributors to Hyundai Glovis's Scope 3 emissions were: a
- Upstream Transportation and Distribution (Cat. 4): 31,425 tCO₂e (94.68%)
- Business Travel (Cat. 6): 1,764 tCO₂e (5.32%)
Hyundai Glovis's Scope 3 Emissions by Categories
Insights into Hyundai Glovis's Total Carbon Footprint
In 2023, Hyundai Glovis reported a total carbon footprint of 3,533,203 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.11% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Hyundai Glovis's total carbon footprint was Scope 1 emissions, accounting for 98.76% of the company's total carbon footprint, followed by Scope 3 emissions at 0.94%. a