HD Hyundai Electric Co., Ltd.

HD Hyundai Electric Co., Ltd., based in KR and operating in the Electricity nec industry, has disclosed its carbon emissions and climate commitments.

For 2021, the company reported total Scope 1 emissions of 723,966,000 kg CO2e, Scope 2 emissions of 1,660,238,000 kg CO2e, and Scope 3 emissions of 101,790,793,000 kg CO2e. Key categories within Scope 3 included approximately 80,887,513,000 kg CO2e from the use of sold products, 838,575,000 kg CO2e from downstream transportation and distribution, and 810,794,000 kg CO2e from the end-of-life treatment of sold products.

In 2020, HD Hyundai Electric Co., Ltd. recorded Scope 1 emissions of 716,237,000 kg CO2e, Scope 2 emissions of 1,680,079,000 kg CO2e, and Scope 3 emissions of 100,536,484,000 kg CO2e. The use of sold products contributed approximately 81,598,073,000 kg CO2e to Scope 3 emissions.

In 2019, the company's Scope 1 emissions were 807,498,000 kg CO2e, Scope 2 emissions were 1,897,885,000 kg CO2e, and Scope 3 emissions totalled 120,382,017,000 kg CO2e. The use of sold products was the largest contributor to Scope 3 at approximately 97,941,942,000 kg CO2e.

For 2018, HD Hyundai Electric Co., Ltd. reported Scope 1 emissions of 8,725,000 kg CO2e and Scope 2 emissions of 28,820,000 kg CO2e. In 2017, Scope 1 emissions were 7,226,000 kg CO2e and Scope 2 emissions were 30,165,000 kg CO2e. Emissions data for 2022 is limited to a greenhouse gas intensity (Scope 1) of 0.00329 per KRW of revenue, with no absolute emissions figures disclosed.

Currently, HD Hyundai Electric Co., Ltd. has no public carbon reduction targets, such as those set by the Science Based Targets initiative (SBTi) or the Climate Pledge.