Hyundai Mobis Co Ltd

Common Name
Hyundai Mobis
Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
11,562
Ticker
012330
Exchange
KOREA EXCHANGE
Description
Hyundai Mobis Co., Ltd. is a leading global automotive parts manufacturer and supplier. As a critical subsidiary of the Hyundai Motor Group, its primary function is to design and produce key component...

Hyundai Mobis's GHG Emissions Data Preview

In 2023, Hyundai Mobis 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 Mobis has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hyundai Mobis's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hyundai Mobis amounted to 402,125 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 Mobis increased by 1.51%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hyundai Mobis's Scope 1 Emissions Over Time

20192020202120222023015 k30 k45 k60 ktCO2e+4%+18%+1%-5%
  • Total Scope 1
  • Year-over-Year Change

What are Hyundai Mobis's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hyundai Mobis were 52,704 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hyundai Mobis reduced its Scope 1 emissions over time?

Since 2019, Hyundai Mobis's Scope 1 emissions have increased by 16.87%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hyundai Mobis's Scope 1 emissions decreased by 5.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Hyundai Mobis's Scope 2 emissions?

In 2023, Hyundai Mobis reported Scope 2 greenhouse gas (GHG) emissions of 332,037 tCOâ‚‚e using the market-based method, and 349,421 tCOâ‚‚e using the location-based method.

Has Hyundai Mobis reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Hyundai Mobis's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hyundai Mobis 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hyundai Mobis use for Scope 2 reporting?

In 2023, Hyundai Mobis reported its Scope 2 emissions using the market-based method and using the location-based method.

Hyundai Mobis's Scope 2 Emissions Over Time

20192020202120222023090 k180 k270 k360 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hyundai Mobis's Value Chain Emissions

In 2023, Hyundai Mobis reported 25,246,032 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 Mobis includes a breakdown across 7 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 Mobis's Scope 3 Emissions Over Time

2019202020212022202306.5 M13 M19.5 M26 MtCO2e-29%+136011%+4%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Hyundai Mobis's Scope 3 emissions?

In 2023, Hyundai Mobis reported total Scope 3 emissions of 25,246,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 2.59% of these emissions originated from upstream activities such as purchased goods and capital goods, while 97.41% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hyundai Mobis reduced its Scope 3 emissions over time?

Since 2019, Hyundai Mobis's Scope 3 emissions have increased by 105,917.86%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hyundai Mobis's Scope 3 emissions remained relatively stable, indicating that Hyundai Mobis 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Hyundai Mobis disclose?

In 2023, Hyundai Mobis reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Hyundai Mobis's Scope 3 emissions?

In 2023, the largest contributors to Hyundai Mobis's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 24,300,960 tCOâ‚‚e (96.26%)
  • Purchased Goods and Services (Cat. 1): 640,577 tCOâ‚‚e (2.54%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 290,027 tCOâ‚‚e (1.15%)

Hyundai Mobis's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(96.3%)Purchased Goods andServices (Cat. 1)(2.5%)End-of-LifeTreatment of SoldProducts (Cat. 12)(1.1%)

Insights into Hyundai Mobis's Total Carbon Footprint

In 2023, Hyundai Mobis reported a total carbon footprint of 25,648,157 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.65% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hyundai Mobis's total carbon footprint was Scope 3 emissions, accounting for 98.43% of the company's total carbon footprint, followed by Scope 2 emissions at 1.36%.