Hyundai Motor
Hyundai Motor Company, commonly referred to as Hyundai, is a leading global automotive manufacturer headquartered in South Korea (KR). Founded in 1967, the company has established a strong presence in major operational regions, including North America, Europe, and Asia. Hyundai operates within the automotive industry, focusing on the design, production, and sale of vehicles, including sedans, SUVs, and electric models. Renowned for its commitment to innovation, Hyundai has achieved significant milestones, such as the introduction of its eco-friendly Ioniq series. The company is recognised for its advanced technology, safety features, and competitive pricing, which have solidified its market position. With a reputation for quality and reliability, Hyundai continues to be a prominent player in the global automotive landscape, consistently earning accolades for its vehicles and sustainability initiatives.
DitchCarbon Score
How does Hyundai Motor's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hyundai Motor's score of 52 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hyundai Motor's reported carbon emissions
In 2023, Hyundai Motor reported total carbon emissions of approximately 2,275,751,000 kg CO2e, with emissions distributed across various scopes: 696,590,000 kg CO2e (Scope 1), 1,579,161,000 kg CO2e (Scope 2), and 141,956,876,000 kg CO2e (Scope 3). This reflects a commitment to transparency in emissions reporting, covering all three scopes. Hyundai has set ambitious reduction targets, aiming for a 45% reduction in business site emissions (Scope 1) by 2030, starting from a baseline of 2,705,383 tonnes CO2e. Furthermore, the company is striving for carbon neutrality across all scopes by 2045, focusing on carbon reduction and promoting zero-emission vehicle sales. In previous years, Hyundai's emissions were notably higher, with total emissions of approximately 2,404,069,000 kg CO2e in 2022 and 2,240,710,000 kg CO2e in 2021. The company has demonstrated a commitment to reducing its carbon footprint, as evidenced by its ongoing initiatives and long-term climate goals.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 822,273,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,032,654,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 7,209,437,000 | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hyundai Motor is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
