Hyundai Capital Bank Europe GmbH
Hyundai Capital Bank Europe GmbH, commonly referred to as Hyundai Capital, is a prominent financial institution headquartered in Germany. Established in 2003, the bank has rapidly expanded its operations across Europe, focusing on providing innovative financial solutions tailored to the automotive sector. Specialising in automotive financing, Hyundai Capital offers a range of products including leasing, loans, and insurance services, designed to enhance customer experience and support the growth of its partners. The bank's commitment to digital transformation and customer-centric services has positioned it as a leader in the automotive finance industry. With a strong market presence and a reputation for reliability, Hyundai Capital continues to achieve significant milestones, reinforcing its status as a trusted financial partner for both consumers and businesses in the automotive market.
DitchCarbon Score
How does Hyundai Capital Bank Europe GmbH'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 Financial Intermediation 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 Capital Bank Europe GmbH's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hyundai Capital Bank Europe GmbH's reported carbon emissions
In 2022, Hyundai Capital Bank Europe GmbH reported significant carbon emissions, totalling approximately 107,790,785,000 kg CO2e across all scopes. This includes 704,726,000 kg CO2e from Scope 1, 1,684,121,000 kg CO2e from Scope 2, and a substantial 105,790,785,000 kg CO2e from Scope 3 emissions. Notably, the company has disclosed emissions data for all three scopes, indicating a comprehensive approach to tracking its carbon footprint. Hyundai Capital Bank Europe GmbH has made strides in reducing emissions per vehicle produced, achieving a reduction from about 1,062 kg CO2e in 2020 to approximately 915 kg CO2e in 2021, and further down to 597 kg CO2e in 2022 for Scope 1 and 2 emissions. However, there are currently no specific reduction targets or climate pledges documented, suggesting that while the company is actively monitoring its emissions, it may not have formalised commitments to future reductions. Overall, Hyundai Capital Bank Europe GmbH's emissions data reflects a significant environmental impact, particularly in Scope 3 emissions, which are often the largest contributor in the financial services sector. The company’s ongoing efforts to reduce emissions per vehicle produced demonstrate a commitment to sustainability, although further formal commitments could enhance its climate strategy.
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| 2022 | |
|---|---|
| Scope 1 | 704,726,000 |
| Scope 2 | 1,684,121,000 |
| Scope 3 | 105,790,785,000 |
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 Capital Bank Europe GmbH 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.
