Hyundai Rotem Co

Common Name
Hyundai Rotem
Country
South Korea
Sector
Industrials
Industry
Railroads
Employees
3,736
Ticker
064350
Exchange
KOREA EXCHANGE
Description
Hyundai Rotem Company is a prominent entity in the manufacturing sector, particularly known for its production of rolling stock, defense products, and plant equipment. As a subsidiary of the Hyundai M...

Hyundai Rotem's GHG Emissions Data Preview

In 2023, Hyundai Rotem 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 Rotem has also provided a category-level breakdown for 10 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
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 Rotem's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hyundai Rotem amounted to 26,488.779 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 Rotem increased by 2.15%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hyundai Rotem's Scope 1 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e-9%-13%
  • Total Scope 1
  • Year-over-Year Change

What are Hyundai Rotem's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hyundai Rotem were 7,047.347 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hyundai Rotem reduced its Scope 1 emissions over time?

Since 2021, Hyundai Rotem's Scope 1 emissions have decreased by 20.75%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hyundai Rotem's Scope 1 emissions decreased by 13.3%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Hyundai Rotem's Scope 2 emissions?

In 2023, Hyundai Rotem reported Scope 2 greenhouse gas (GHG) emissions of 19,441.432 tCOâ‚‚e without specifying the calculation method.

Has Hyundai Rotem reduced its Scope 2 emissions over time?

Since 2021, Hyundai Rotem's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 10.15%, reflecting a rising long-term trend in Scope 2 emissions over time.

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

What methodology does Hyundai Rotem use for Scope 2 reporting?

In 2023, Hyundai Rotem reported its Scope 2 emissions using an unspecified methodology.

Hyundai Rotem's Scope 2 Emissions Over Time

20212022202305 k10 k15 k20 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Hyundai Rotem's Value Chain Emissions

In 2023, Hyundai Rotem reported 8,887,720.515 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 Rotem includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, down from 10 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Hyundai Rotem's Scope 3 Emissions Over Time

20212022202302.5 M5 M7.5 M10 MtCO2e+8740%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Hyundai Rotem's Scope 3 emissions?

In 2023, Hyundai Rotem reported total Scope 3 emissions of 8,887,720.515 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 1.46% of these emissions originated from upstream activities such as purchased goods and capital goods, while 98.54% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hyundai Rotem reduced its Scope 3 emissions over time?

Since 2021, Hyundai Rotem's Scope 3 emissions have increased by 9,399.89%, reflecting a rising long-term trend in Scope 3 emissions over time.

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

What categories of Scope 3 emissions does Hyundai Rotem disclose?

In 2023, Hyundai Rotem reported emissions for 9 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 Rotem's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 8,754,043.612 tCOâ‚‚e (98.5%)
  • Purchased Goods and Services (Cat. 1): 66,231.854 tCOâ‚‚e (0.75%)
  • Upstream Transportation and Distribution (Cat. 4): 53,949.025 tCOâ‚‚e (0.61%)

Hyundai Rotem's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(98.5%)

Insights into Hyundai Rotem's Total Carbon Footprint

In 2023, Hyundai Rotem reported a total carbon footprint of 8,914,209.294 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.45% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hyundai Rotem's total carbon footprint was Scope 3 emissions, accounting for 99.7% of the company's total carbon footprint, followed by Scope 2 emissions at 0.22%.

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