Hd Hyundai Heavy Industries
Hyundai Heavy Industries Co., Ltd. (HHI), headquartered in Ulsan, South Korea (KR), stands as a global leader in the heavy industry sector. Founded in 1972, HHI has established itself as a powerhouse in shipbuilding, offshore engineering, and industrial machinery, with significant operations across Asia, Europe, and the Americas. The company is renowned for its innovative core products, including large container ships, drilling rigs, and eco-friendly marine solutions, which set it apart in a competitive market. HHI's commitment to technological advancement and sustainability has earned it a prominent position, making it one of the largest shipbuilders in the world. With numerous accolades and a strong reputation for quality, Hyundai Heavy Industries continues to shape the future of the heavy industry landscape.
DitchCarbon Score
How does Hd Hyundai Heavy Industries'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 Machinery and Equipment 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
Hd Hyundai Heavy Industries's score of 28 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hd Hyundai Heavy Industries's reported carbon emissions
In 2023, HD Hyundai Heavy Industries reported significant carbon emissions from its operations in Vietnam, totalling approximately 4,242,246,000 kg CO2e across all scopes. This includes 19,003,600 kg CO2e from Scope 1, 36,410,400 kg CO2e from Scope 2, and a substantial 4,224,246,000 kg CO2e from Scope 3 emissions. The total emissions for Scope 1 and 2 combined reached about 55,414,100 kg CO2e. Comparatively, in 2022, the company recorded emissions of approximately 114,665,173,000 kg CO2e for Scope 3, alongside 405,299,000 kg CO2e for Scope 1 and 553,278,000 kg CO2e for Scope 2. This indicates a continued reliance on upstream and downstream activities contributing to their overall carbon footprint. HD Hyundai Heavy Industries has set ambitious reduction targets, aiming for a 15% decrease in GHG emissions from 2015 levels by 2021 for both Scope 1 and Scope 2 emissions. These commitments reflect the company's proactive approach to addressing climate change and reducing its environmental impact. The emissions data is sourced from HD Korea Shipbuilding & Offshore Engineering Co., Ltd., which is part of the corporate family of HD Hyundai Heavy Industries. The company has not disclosed specific SBTi targets or additional climate pledges, but its ongoing initiatives demonstrate a commitment to sustainability and emissions reduction.
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| 2011 | 2012 | 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 448,400,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 569,199,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000,000 | 00,000,000,000 | 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.
Hd Hyundai Heavy Industries is not participating in any 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.
