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OrganisationsHD Hyundai Construction Equipment Co Ltd
HD Hyundai Construction Equipment Co Ltd logo

HD Hyundai Construction Equipment Co Ltd

Business ServicesSouth Korea
Last verified 24 days agohd-hyundaice.com

HD Hyundai Construction Equipment Co Ltd, headquartered in South Korea (KR), is a prominent player in the Other Business Services sector (74). Founded in 1972, the company has established itself as a leader in the construction equipment industry, offering a diverse range of products and services that cater to various operational needs.

With a strong presence in major regions across Asia, Europe, and North America, HD Hyundai Construction Equipment is renowned for its innovative machinery, including excavators, wheel loaders, and compactors. The company’s commitment to quality and technological advancement has earned it a solid market position, marked by significant milestones in product development and customer satisfaction.

As a trusted name in construction equipment, HD Hyundai Construction Equipment continues to set industry standards, delivering unique solutions that enhance productivity and efficiency on job sites worldwide.

32
DitchCarbon score

0 vs industry average

HD Hyundai Construction Equipment Co Ltd’s score of 32 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Business Services has below-average carbon intensity

Industry performance

0.078
20192025

The Business Services industry has increased its overall emissions by 24% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

HD Hyundai Construction Equipment Co Ltd's reported carbon emissions

HD Hyundai Construction Equipment Co Ltd. is committed to ambitious emissions reduction targets. For 2030, the company aims for a 42% reduction in greenhouse gas emissions from its global operations, using a 2021 baseline. Furthermore, HD Hyundai Construction Equipment Co Ltd. is targeting RE100 by 2040 and net zero across all operations by 2050. In terms of reported emissions: For 2024, HD Hyundai Construction Equipment Co Ltd. reported Scope 1 emissions of approximately 14.7 million kg CO2e and Scope 2 emissions of approximately 18.4 million kg CO2e. For 2023, Scope 1 emissions were approximately 14.2 million kg CO2e, and Scope 2 emissions were approximately 19.0 million kg CO2e. In 2022, Scope 1 emissions totalled approximately 16.1 million kg CO2e, with Scope 2 emissions at approximately 19.6 million kg CO2e. For 2021, Scope 1 emissions were approximately 18.0 million kg CO2e, and Scope 2 emissions were approximately 22.8 million kg CO2e. In 2020, the company reported Scope 1 emissions of approximately 5.6 million kg CO2e, Scope 2 emissions of approximately 6.8 million kg CO2e, and Scope 3 emissions of approximately 830.4 million kg CO2e. For 2019, Scope 1 emissions were approximately 6.7 million kg CO2e and Scope 2 emissions were approximately 8.9 million kg CO2e. In 2018, Scope 1 emissions totalled approximately 8.4 million kg CO2e, with Scope 2 emissions at approximately 13.4 million kg CO2e. HD Hyundai Construction Equipment Co Ltd. has disclosed Scope 1 and 2 emissions data for recent years, but Scope 3 emissions data is not consistently available across all reported periods, with specific categories like purchased goods and services, business travel, and employee commute noted as missing for several years. The company's reporting year for all provided data is 2024, even when referring to emissions from previous years.

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HD Hyundai Construction Equipment Co Ltd’s Climate Goals (2030 & 2050)

1 goal

2030

42% reduction in scope 3 total

We are committed to reducing greenhouse gas emissions from our global operations by 42% by 2030 (against a 2021 baseline) and achieving RE10…

Insufficient data42%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

See all 1 climate goals

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
HD Hyundai Construction Equipment Co Ltd logoHD Hyundai Construction Equipment Co Ltd
KRBusiness Services
24 days ago
32
V
Volvo Construction Equipment Corporation
BEBusiness Services
24 days ago
86
View
Agco logoAgco
USMachinery and Equipment
3 days ago
81
View
Ab Volvo logoAb Volvo
SEMotor Vehicle Manufacturing
2 days ago
79
View
Hinduja Leyland Finance Limited logoHinduja Leyland Finance Limited
INFinancial Intermediation
24 days ago
70
View
John Deere logoJohn Deere
USMachinery and Equipment
18 days ago
55
View
J
John Deere Construction & Forestry Company
USMachinery and Equipment
24 days ago
50
View

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Ditchcarbonv260319.2
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