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 42 is higher than 68% 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 Construction Equipment Co Ltd's reported carbon emissions
In 2023, HD Hyundai Construction Equipment Co Ltd reported significant carbon emissions, totalling approximately 8,936,000 kg CO2e for Scope 1, 10,349,000 kg CO2e for Scope 2, and a substantial 8,107,119,670 kg CO2e for Scope 3 emissions. This data reflects the company's comprehensive approach to emissions reporting, covering all three scopes of greenhouse gas emissions. The company has demonstrated a commitment to transparency in its emissions data, with detailed disclosures available in its integrated reports. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments, indicating a potential area for future development. In comparison, the previous year's emissions in 2022 were approximately 9,547,000 kg CO2e for Scope 1, 6,391,000 kg CO2e for Scope 2, and 996,400,000 kg CO2e for Scope 3. This suggests a notable increase in emissions across all scopes, particularly in Scope 3, which encompasses indirect emissions from the value chain. HD Hyundai Construction Equipment Co Ltd's emissions data is not cascaded from a parent company, ensuring that the figures are reflective of its own operations. The company is positioned within an industry that is increasingly scrutinised for its environmental impact, highlighting the importance of establishing clear reduction targets and strategies to mitigate climate change effects.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,371,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 13,416,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| 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 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.
