HD Hyundai Electric Co., Ltd.

HD Hyundai Electric Co., Ltd. is committed to addressing its environmental impact within the electricity sector. While specific, recent carbon reduction targets are not detailed, the company has disclosed its emissions data for previous years.

In 2021, HD Hyundai Electric reported a substantial Scope 3 emissions total of approximately 101,790,793,000 kg CO2e. This figure includes significant contributions from the use of sold products, estimated at around 80,887,513,000 kg CO2e, and the end-of-life treatment of sold products, contributing approximately 8,107,940,000 kg CO2e. In the same year, Scope 1 emissions were approximately 723,966,000 kg CO2e, and Scope 2 emissions were about 1,660,238,000 kg CO2e, leading to a combined Scope 1 and 2 total of approximately 2,384,204,000 kg CO2e.

For 2020, total emissions were approximately 103,354,800,000 kg CO2e, with Scope 1 at around 716,237,000 kg CO2e, Scope 2 at approximately 1,680,079,000 kg CO2e, and Scope 3 at roughly 100,536,484,000 kg CO2e. The use of sold products was the largest contributor to Scope 3 emissions, at about 81,598,073,000 kg CO2e.

In 2019, the company reported total emissions of approximately 123,907,400,000 kg CO2e. Scope 1 emissions were approximately 807,498,000 kg CO2e, Scope 2 emissions were about 1,897,885,000 kg CO2e, and Scope 3 emissions reached approximately 120,382,017,000 kg CO2e, with the use of sold products accounting for around 97,941,942,000 kg CO2e.

Prior to this, in 2018, HD Hyundai Electric disclosed Scope 1 and 2 emissions totalling approximately 37,543,000 kg CO2e, with Scope 1 emissions at about 8,725,000 kg CO2e and Scope 2 emissions at roughly 28,820,000 kg CO2e. Scope 3 emissions were not disclosed for this year. Similarly, in 2017, Scope 1 and 2 emissions were approximately 37,389,000 kg CO2e, comprising about 7,226,000 kg CO2e for Scope 1 and 30,165,000 kg CO2e for Scope 2. Scope 3 data was also not reported for 2017.

The company's reporting indicates a focus on Scope 3 emissions, particularly those related to the lifecycle of its products. While specific climate pledges or SBTi targets are not outlined in the provided information, the company is based in South Korea (KR) and operates within the "Electricity nec" industry. The data presented is directly reported by HD Hyundai Electric Co., Ltd. and is not cascaded from a parent organisation.