HD Hyundai Electric Co., Ltd., headquartered in South Korea (KR), is a leading player in the electrical equipment industry, specialising in power generation, transmission, and distribution solutions. Founded in 1978, the company has achieved significant milestones, including advancements in smart grid technology and renewable energy systems. With a strong presence in Asia, Europe, and North America, HD Hyundai Electric offers a diverse range of core products, including transformers, switchgear, and control systems. Their commitment to innovation and sustainability sets them apart in a competitive market, positioning them as a trusted partner for energy solutions. Notably, the company has received accolades for its contributions to the development of eco-friendly technologies, reinforcing its status as a pioneer in the electrical sector.
How does HD Hyundai Electric 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.
Mean score of companies in the Electricity from Other Sources 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.
HD Hyundai Electric Co., Ltd.'s score of 19 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, HD Hyundai Electric Co., Ltd. reported total carbon emissions of approximately 38,240,000 kg CO2e, comprising about 3,565,000 kg CO2e from Scope 1 and about 34,675,000 kg CO2e from Scope 2 emissions. This marked an increase from 2021, where total emissions were approximately 27,366,000 kg CO2e, with Scope 1 emissions at about 2,143,000 kg CO2e and Scope 2 emissions at about 25,223,000 kg CO2e. Over the years, the company has shown a trend of fluctuating emissions, with a peak in 2018 at approximately 37,543,000 kg CO2e and a notable reduction in 2020 to about 26,397,000 kg CO2e. Despite these variations, there are currently no publicly disclosed reduction targets or climate pledges from HD Hyundai Electric, indicating a potential area for improvement in their climate commitments. The company’s emissions data reflects its operational impact on climate change, and the absence of specific reduction initiatives suggests a need for enhanced strategies to align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|---|
Scope 1 | 7,226,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 30,165,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - | - |
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 Electric Co., Ltd. is not committed to any reduction initiatives 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.