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.
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.
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.
Hyundai Motor's score of 33 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hyundai Motor reported total carbon emissions of approximately 2,275,751,000 kg CO2e. This figure includes Scope 1 emissions of about 696,590,000 kg CO2e, Scope 2 emissions of approximately 1,579,161,000 kg CO2e, and significant Scope 3 emissions totalling around 141,956,876,000 kg CO2e. Over the years, Hyundai has shown a trend of reducing its total emissions, with a notable decrease from about 10,064,364,000 kg CO2e in 2016 to the latest figure in 2023. This represents a substantial reduction in emissions, highlighting the company's commitment to addressing climate change. Despite these reductions, Hyundai has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its sustainability practices, including efforts to reduce greenhouse gas emissions associated with vehicle production and operations. Hyundai's emissions data reflects its ongoing efforts to align with industry standards for climate action, although further commitments and targets would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
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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 |
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 not committed to any reduction initiatives 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.