HD Hyundai Electric Co., Ltd.
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.
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.
Industry Average
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.
Industry Benchmark
HD Hyundai Electric Co., Ltd.'s score of 19 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HD Hyundai Electric Co., Ltd.'s reported carbon emissions
In 2022, HD Hyundai Electric Co., Ltd. reported total greenhouse gas emissions of approximately 33,167,000 kg CO2e, comprising 6,915,000 kg CO2e from Scope 1 and 26,252,000 kg CO2e from Scope 2. The company has set ambitious reduction targets, aiming for a 33% reduction in Scope 1 and Scope 2 emissions by 2030, compared to a business-as-usual (BAU) scenario, which translates to a target of about 31,902 tonnes CO2e. The emissions data for 2023 is not yet available, but the company has shown a commitment to sustainability through its near-term reduction initiatives. The previous year's emissions data indicates a significant reliance on both direct and indirect emissions, with no reported Scope 3 emissions for 2022. HD Hyundai Electric's climate commitments reflect a proactive approach to managing its carbon footprint, aligning with industry standards for greenhouse gas reduction. The company is on track to meet its near-term targets, demonstrating a commitment to environmental responsibility and climate action.
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| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Scope 1 | 7,226,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 30,165,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
Industry emissions intensity
Location emissions intensity
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 not participating in any of the initiatives that 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.
