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.
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.
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.
Hyundai Capital Bank Europe GmbH's score of 27 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Hyundai Capital Bank Europe GmbH reported significant carbon emissions, totalling approximately 107,790,785,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 704,726,000 kg CO2e, Scope 2 emissions of around 1,684,121,000 kg CO2e, and a substantial 105,790,785,000 kg CO2e in Scope 3 emissions. Notably, the company has made strides in reducing emissions per vehicle produced, achieving a reduction in GHG emissions to about 597 kg CO2e for Scope 1 and 2 combined. Despite these figures, Hyundai Capital Bank Europe GmbH has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction goals highlights an area for potential improvement in their climate commitments. Overall, the company is positioned within an industry increasingly focused on sustainability and carbon footprint reduction, indicating a need for enhanced transparency and proactive measures in addressing climate change.
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Get Started2022 | |
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Scope 1 | 704,726,000 |
Scope 2 | 1,684,121,000 |
Scope 3 | 105,790,785,000 |
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 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.