Hyundai Steel Co

Common Name
Hyundai Steel
Country
South Korea
Sector
Basic Materials
Industry
Steel
Employees
11,385
Ticker
004020
Exchange
KOREA EXCHANGE
Description
Hyundai Steel Co. is a major player in the global steel industry, renowned for its extensive range of steel products and innovative approach to metallurgy. As a key subsidiary of the Hyundai Motor Gro...

Hyundai Steel's Climate Target Data Preview

As of 2024, Hyundai Steel has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Steel ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030

This table provides a simplified preview of selected climate targets 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 Steel's Greenhouse Gas Emissions Pathways

As of 2024, Hyundai Steel 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.

Does Hyundai Steel have a target to reduce the emissions from its operations?

As of 2024, Hyundai Steel has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Hyundai Steel's most ambitious operational target is to reduce these emissions by 12% by 2030, compared to a baseline of 30,260,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2018.

As of 2023, Hyundai Steel is on track to meet its operational emissions reduction target, having achieved 27.25% of the planned reduction.

Hyundai Steel's Operational (Scope 1+2) Emissions Pathway

20182023203008 M16 M24 M32 MCurrent (-3%)
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