Public Profile

HD Hyundai Electric Co., Ltd.

HD Hyundai Electric Co., Ltd., a prominent player in the electrical equipment industry, is headquartered in Ulsan, South Korea, with significant operations across Asia, Europe, and North America. Founded in 1977, the company has established itself as a leader in power generation, transmission, and distribution solutions, focusing on innovative technologies that enhance energy efficiency and sustainability. Specialising in high-voltage equipment, renewable energy systems, and smart grid solutions, HD Hyundai Electric distinguishes itself through its commitment to quality and cutting-edge research and development. The company has achieved notable milestones, including advancements in eco-friendly technologies and a strong market presence in the global energy sector. With a reputation for reliability and innovation, HD Hyundai Electric continues to shape the future of energy solutions worldwide.

DitchCarbon Score

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.

24

Industry Average

Mean score of companies in the Electricity Supply 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.

29

Industry Benchmark

HD Hyundai Electric Co., Ltd.'s score of 24 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

42%

HD Hyundai Electric Co., Ltd.'s reported carbon emissions

In 2022, HD Hyundai Electric Co., Ltd. reported total carbon emissions of approximately 38,240,000 kg CO2e, with Scope 1 emissions at about 3,565,000 kg CO2e and Scope 2 emissions at around 34,675,000 kg CO2e. This marked an increase from 2021, when total emissions were approximately 27,366,000 kg CO2e. The company has demonstrated a commitment to improving its environmental performance, as evidenced by its participation in the Carbon Disclosure Project (CDP), where it received a score of "C" in 2023. However, specific reduction targets or initiatives have not been detailed in the available data. Overall, HD Hyundai Electric is actively engaging in climate-related efforts, although further information on specific reduction strategies and long-term commitments would enhance understanding of its climate impact and goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

Add to project
2017
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
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HD Hyundai Electric Co., Ltd.'s primary industry is Electricity nec, which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. HD Hyundai Electric Co., Ltd. is headquartered in KR, which we do not have grid emissions data for.

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 Electric Co., Ltd. is committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers