Hyundai Steel Co

Common Name
Hyundai Steel
Country
South Korea
Sector
Basic Materials
Industry
Steel
Employees
11,167
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 2025, 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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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Hyundai Steel’s Climate Targets 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 Steel’s data sources below and access millions more through our Disclosure Search.

a. Hyundai Steel's Sustainability Report 2025
a. Hyundai Steel's Sustainability Report 2025

Insights into Hyundai Steel's Greenhouse Gas Emissions Pathways

As of 2025, 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. a

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

As of 2025, Hyundai Steel has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

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. a

As of 2024, Hyundai Steel is on track to meet its operational emissions reduction target, having achieved 39.75% of the planned reduction. a

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

20182024203008 M16 M24 M32 MCurrent (-5%)
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