Hyundai Mobis Co Ltd
Hyundai Mobis's Climate Target Data Preview
As of 2024, Hyundai Mobis has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 Mobis ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. b | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a, b | 2040 |
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Verified Sources Behind Hyundai Mobis’s Climate Targets Data
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Insights into Hyundai Mobis's Greenhouse Gas Emissions Pathways
As of 2024, Hyundai Mobis 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 b
Does Hyundai Mobis have a target to reduce the emissions from its operations?
As of 2024, Hyundai Mobis has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. b
Hyundai Mobis's most ambitious operational target is to reduce these emissions by 30% by 2030, compared to a baseline of 382,946 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. b
Instead of reducing operational emissions, Hyundai Mobis has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. b
Hyundai Mobis's Operational (Scope 1+2) Emissions Pathway
Does Hyundai Mobis have a target to reduce its total carbon footprint?
As of 2024, Hyundai Mobis has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a b
Hyundai Mobis's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 2,780,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019, by 80% by 2040. a b
As of 2021, Hyundai Mobis is lagging behind on its total carbon footprint reduction target, having achieved 3.21% of the planned reduction. a b