HD Hyundai Construction Equipment Co Ltd
HD Hyundai Construction Equipment Co Ltd, headquartered in South Korea (KR), is a prominent player in the construction equipment industry. Founded in 1972, the company has established itself as a leader in manufacturing a diverse range of heavy machinery, including excavators, wheel loaders, and forklifts. With a strong presence in major operational regions across Asia, Europe, and North America, HD Hyundai Construction Equipment is renowned for its innovative technology and commitment to sustainability. The company’s core products are distinguished by their advanced features, reliability, and efficiency, catering to the evolving needs of the construction sector. Notable achievements include significant advancements in hydraulic technology and a robust global distribution network, positioning HD Hyundai Construction Equipment as a trusted name in the industry.
DitchCarbon Score
How does HD Hyundai Construction Equipment Co Ltd'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 Business Services 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 Construction Equipment Co Ltd's score of 43 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
HD Hyundai Construction Equipment Co Ltd's reported carbon emissions
In 2023, HD Hyundai Construction Equipment Co Ltd reported total carbon emissions of approximately 16,310,596,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 15,924,135,000 kg CO2e. The company’s Scope 1 emissions were about 35,853,000 kg CO2e, while Scope 2 emissions totalled approximately 84,785,000 kg CO2e. Over the years, the company has shown fluctuations in its emissions. For instance, in 2022, total emissions were about 1,463,810,000 kg CO2e, with Scope 3 emissions at approximately 996,400,000 kg CO2e. In 2021, total emissions were around 21,784,000 kg CO2e, with Scope 3 emissions reaching about 1,065,173,000 kg CO2e. Despite these figures, HD Hyundai Construction Equipment has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the construction equipment industry, which is under increasing pressure to address carbon emissions and enhance sustainability practices. Overall, while HD Hyundai Construction Equipment Co Ltd has made strides in reporting its emissions, the lack of defined reduction commitments highlights an area for potential improvement in its climate strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 392,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 1,572,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
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 Construction Equipment Co Ltd 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.
