Hyundai Mobis Co Ltd

Common Name
Hyundai Mobis
Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
11,888
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)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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0000000
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Hyundai Mobis’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hyundai Mobis’s data sources below and access millions more through our Disclosure Search.

a. Hyundai Mobis's Sustainability Report 2024
a. Hyundai Mobis's Sustainability Report 2024
b. Hyundai Mobis's Sustainability Report 2022
b. Hyundai Mobis's Sustainability Report 2022

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). a

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. a

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 CO₂ equivalent (tCO₂e). a

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. a b

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. a

What are Hyundai Mobis's Scope 2 emissions?

In 2023, Hyundai Mobis reported Scope 2 greenhouse gas (GHG) emissions of 332,037 tCO₂e using the market-based method and 349,421 tCO₂e using the location-based method. a

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. a

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. a

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 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 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. a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a b

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. a

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. a

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: a

  • Use of Sold Products (Cat. 11): 24,300,960 tCO₂e (96.26%)
  • Purchased Goods and Services (Cat. 1): 640,577 tCO₂e (2.54%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 290,027 tCO₂e (1.15%)

Hyundai Mobis's Scope 3 Emissions by Categories

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

Insights into Hyundai Mobis’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Hyundai Mobis reported Scope 1 greenhouse gas (GHG) emissions of 52,704 tCO₂e and total revenues of USD 46,370 millions. This translates into an emissions intensity of 1.14 tCO₂e per millions USD. a

Hyundai Mobis's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)505005,00020,000200,000Revenues (Millions of USD)NSHAisinYear: 2023Scope 1: 525,133 tCO2eRevenue: $M 33,054Scope 1 Intensity: 15.89 tCO2e/$MContinentalYear: 2024Scope 1: 671,731 tCO2eRevenue: $M 41,332Scope 1 Intensity: 16.25 tCO2e/$MNNNiterraYear: 2023Scope 1: 48,000 tCO2eRevenue: $M 4,223Scope 1 Intensity: 11.37 tCO2e/$MBharat ForgeYear: 2024Scope 1: 165,745 tCO2eRevenue: $M 1,804Scope 1 Intensity: 91.88 tCO2e/$MBoschYear: 2021Scope 1: 5,000 tCO2eRevenue: $M 1,291Scope 1 Intensity: 3.87 tCO2e/$MMagna InternationalYear: 2024Scope 1: 418,963 tCO2eRevenue: $M 59,068Scope 1 Intensity: 7.09 tCO2e/$MMobileye GlobalYear: 2023Scope 1: 49,300 tCO2eRevenue: $M 2,079Scope 1 Intensity: 23.71 tCO2e/$MSamvardhana Motherson InternationalYear: 2025Scope 1: 98,641 tCO2eRevenue: $M 13,172Scope 1 Intensity: 7.49 tCO2e/$MHankook Tire & TechnologyYear: 2024Scope 1: 243,616 tCO2eRevenue: $M 6,414Scope 1 Intensity: 37.98 tCO2e/$MSchaeffler IndiaYear: 2024Scope 1: 8,886 tCO2eRevenue: $M 946Scope 1 Intensity: 9.39 tCO2e/$MAllison Transmission HoldingsYear: 2021Scope 1: 36,133 tCO2eRevenue: $M 2,402Scope 1 Intensity: 15.04 tCO2e/$MModine ManufacturingYear: 2025Scope 1: 41,518 tCO2eRevenue: $M 2,584Scope 1 Intensity: 16.07 tCO2e/$MGenuine PartsYear: 2023Scope 1: 111,792 tCO2eRevenue: $M 23,091Scope 1 Intensity: 4.84 tCO2e/$MSumitomo Electric IndustriesYear: 2023Scope 1: 214,000 tCO2eRevenue: $M 30,071Scope 1 Intensity: 7.12 tCO2e/$MLKQYear: 2023Scope 1: 247,117 tCO2eRevenue: $M 13,866Scope 1 Intensity: 17.82 tCO2e/$MHyundai WiaYear: 2023Scope 1: 17,009 tCO2eRevenue: $M 6,723Scope 1 Intensity: 2.53 tCO2e/$MBorgwarnerYear: 2024Scope 1: 59,119 tCO2eRevenue: $M 14,086Scope 1 Intensity: 4.20 tCO2e/$MHanon SystemsYear: 2024Scope 1: 52,321 tCO2eRevenue: $M 6,814Scope 1 Intensity: 7.68 tCO2e/$MMabuchi MotorYear: 2023Scope 1: 2,926 tCO2eRevenue: $M 1,263Scope 1 Intensity: 2.32 tCO2e/$MJTEKTYear: 2023Scope 1: 106,000 tCO2eRevenue: $M 12,599Scope 1 Intensity: 8.41 tCO2e/$MSSSumitomo Rubber IndustriesYear: 2023Scope 1: 363,000 tCO2eRevenue: $M 8,325Scope 1 Intensity: 43.60 tCO2e/$MIndel BYear: 2024Scope 1: 1,020 tCO2eRevenue: $M 211Scope 1 Intensity: 4.84 tCO2e/$MNifcoYear: 2023Scope 1: 666 tCO2eRevenue: $M 2,415Scope 1 Intensity: 0.28 tCO2e/$MEDAG Engineering GroupYear: 2023Scope 1: 3,247 tCO2eRevenue: $M 967Scope 1 Intensity: 3.36 tCO2e/$MHHHyundai MobisYear: 2023Scope 1: 52,704 tCO2eRevenue: $M 46,370Scope 1 Intensity: 1.14 tCO2e/$M

How does Hyundai Mobis's GHG emissions intensity compare to its peers?

In 2023, Hyundai Mobis reported a Scope 1 emissions intensity of 1.14 tCO₂e per millions USD. Compared to the peer group median of 8.05 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Hyundai Mobis rank on GHG emissions intensity within its industry?

In 2023, Hyundai Mobis ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Hyundai Mobis among the top performers, with one of the lowest emissions intensities relative to peers. a

Insights into Hyundai Mobis's Total Carbon Footprint

In 2023, Hyundai Mobis reported a total carbon footprint of 25,648,157 metric tons of CO₂ equivalent (tCO₂e) 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. a

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%. a

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