HD Hyundai Construction Equipment Co Ltd Sustainability Profile
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 66% 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 2024, HD Hyundai Construction Equipment Co Ltd reported significant carbon emissions from its operations in South Korea, totalling approximately 7,684,000 kg CO2e for Scope 1 and about 11,893,000 kg CO2e for Scope 2. The company also disclosed extensive Scope 3 emissions, with notable figures including approximately 8,510,763,000 kg CO2e from the use of sold products and about 96,018,000 kg CO2e from upstream transportation and distribution. For the previous year, 2023, the emissions were similarly substantial, with Scope 1 emissions at around 9,036,000 kg CO2e and Scope 2 emissions at about 10,349,000 kg CO2e. Scope 3 emissions for 2023 included approximately 7,976,188,000 kg CO2e from the use of sold products. Despite these high emissions figures, HD Hyundai Construction Equipment Co Ltd has not set specific reduction targets or initiatives as part of its climate commitments, as indicated by the absence of SBTi reduction targets or documented reduction initiatives. The company is actively engaged in climate reporting through the CDP, but no cascading data from a parent organization has been noted. Overall, while HD Hyundai Construction Equipment Co Ltd has made strides in transparency regarding its carbon footprint, it currently lacks defined strategies for emissions reduction.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 8,371,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 13,416,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | - | - | - | - |
How Carbon Intensive is HD Hyundai Construction Equipment Co Ltd's Industry?
How Carbon Intensive is HD Hyundai Construction Equipment Co Ltd's Location?
HD Hyundai Construction Equipment Co Ltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
HD Hyundai Construction Equipment Co Ltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
