Hyundai Marine & Fire Insurance Co Ltd
Hyundai Marine & Fire Insurance's GHG Emissions Data Preview
In 2023, Hyundai Marine & Fire Insurance 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 Marine & Fire Insurance has also provided a category-level breakdown for 1 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Hyundai Marine & Fire Insurance's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Hyundai Marine & Fire Insurance amounted to 23,895 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 Marine & Fire Insurance increased by 0.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Hyundai Marine & Fire Insurance's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Hyundai Marine & Fire Insurance's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Hyundai Marine & Fire Insurance were 2,640 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Hyundai Marine & Fire Insurance reduced its Scope 1 emissions over time?
Since 2019, Hyundai Marine & Fire Insurance's Scope 1 emissions have decreased by 6.99%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Hyundai Marine & Fire Insurance's Scope 1 emissions decreased by 1.82%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Hyundai Marine & Fire Insurance's Scope 2 emissions?
In 2023, Hyundai Marine & Fire Insurance reported Scope 2 greenhouse gas (GHG) emissions of 21,255 tCOâ‚‚e without specifying the calculation method.
Has Hyundai Marine & Fire Insurance reduced its Scope 2 emissions over time?
Since 2019, Hyundai Marine & Fire Insurance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hyundai Marine & Fire Insurance 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), Hyundai Marine & Fire Insurance's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Hyundai Marine & Fire Insurance 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Hyundai Marine & Fire Insurance use for Scope 2 reporting?
In 2023, Hyundai Marine & Fire Insurance reported its Scope 2 emissions using an unspecified methodology.
Hyundai Marine & Fire Insurance's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Hyundai Marine & Fire Insurance's Value Chain Emissions
In 2023, Hyundai Marine & Fire Insurance reported 140.69 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 Marine & Fire Insurance includes a breakdown across 1 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 Marine & Fire Insurance's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Hyundai Marine & Fire Insurance's Scope 3 emissions?
In 2023, Hyundai Marine & Fire Insurance reported total Scope 3 emissions of 140.69 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Compared to the previous year (2022), Hyundai Marine & Fire Insurance's Scope 3 emissions increased by 46.72%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Hyundai Marine & Fire Insurance disclose?
In 2023, Hyundai Marine & Fire Insurance reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Hyundai Marine & Fire Insurance's Scope 3 emissions?
In 2023, the largest contributors to Hyundai Marine & Fire Insurance's Scope 3 emissions were:
- Business Travel (Cat. 6): 140.69 tCOâ‚‚e (100%)
Hyundai Marine & Fire Insurance's Scope 3 Emissions by Categories
Insights into Hyundai Marine & Fire Insurance's Total Carbon Footprint
In 2023, Hyundai Marine & Fire Insurance reported a total carbon footprint of 24,035.69 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.02% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Hyundai Marine & Fire Insurance's total carbon footprint was Scope 2 emissions, accounting for 88.43% of the company's total carbon footprint, followed by Scope 1 emissions at 10.98%.