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 8,036,000 kg CO2e for Scope 1, 10,349,000 kg CO2e for Scope 2, and a staggering 8,107,119,670 kg CO2e for Scope 3 emissions. This reflects a comprehensive approach to emissions reporting, covering all three scopes. In comparison, the 2022 emissions data indicated a total of about 1,012,239,000 kg CO2e, with Scope 1 emissions at 9,547,000 kg CO2e, Scope 2 at 6,391,000 kg CO2e, and Scope 3 at 996,391,000 kg CO2e. This data illustrates a substantial increase in emissions across all scopes from 2022 to 2023. Despite the lack of specific reduction targets or initiatives disclosed, HD Hyundai Construction Equipment Co Ltd is committed to transparency in its emissions reporting, as evidenced by its detailed disclosures. The company does not currently have any Science-Based Targets Initiative (SBTi) reduction targets or documented climate pledges, indicating a potential area for future development in its climate strategy. Overall, HD Hyundai Construction Equipment Co Ltd's emissions data highlights the scale of its operations and the importance of ongoing efforts to address climate impact, particularly in the context of the construction equipment industry.
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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.
