HD Hyundai Electric Co., Ltd.

HD Hyundai Electric Co., Ltd., an Electricity nec company headquartered in KR, reported no specific Scope 1, 2, or 3 emissions data for 2022.

For 2021, the company disclosed Scope 1 emissions of 723,966,000 kg CO2e and Scope 2 emissions of 1,660,238,000 kg CO2e. Scope 3 emissions for 2021 totalled 101,790,793,000 kg CO2e, with significant contributions from the use of sold products (80,887,513,000 kg CO2e), investments (728,902,000 kg CO2e), and downstream transportation and distribution (838,575,000 kg CO2e). Other Scope 3 categories included end-of-life treatment of sold products (810,794,000 kg CO2e), employee commute (5,911,000 kg CO2e), business travel (7,069,000 kg CO2e), upstream leased assets (804,000 kg CO2e), and waste generated in operations (1,911,000 kg CO2e).

In 2020, HD Hyundai Electric reported Scope 1 emissions of 716,237,000 kg CO2e and Scope 2 emissions of 1,680,079,000 kg CO2e. Scope 3 emissions for the same year amounted to 100,536,484,000 kg CO2e, primarily driven by the use of sold products (81,598,073,000 kg CO2e), downstream transportation and distribution (655,831,000 kg CO2e), and investments (369,926,000 kg CO2e). Other Scope 3 emissions included employee commute (14,314,000 kg CO2e), end-of-life treatment of sold products (780,338,000 kg CO2e), business travel (5,222,000 kg CO2e), upstream leased assets (3,325,000 kg CO2e), and waste generated in operations (1,760,000 kg CO2e).

For 2019, the company's Scope 1 emissions were 807,498,000 kg CO2e and Scope 2 emissions were 1,897,885,000 kg CO2e. Scope 3 emissions reached 120,382,017,000 kg CO2e, with the use of sold products accounting for 97,941,942,000 kg CO2e. Other notable Scope 3 contributors were downstream transportation and distribution (954,579,000 kg CO2e), investments (394,946,000 kg CO2e), employee commute (15,093,000 kg CO2e), business travel (24,836,000 kg CO2e), end-of-life treatment of sold products (922,294,000 kg CO2e), upstream leased assets (4,126,000 kg CO2e), and waste generated in operations (2,053,000 kg CO2e).

In 2018, HD Hyundai Electric reported Scope 1 emissions of 8,725,000 kg CO2e and Scope 2 emissions of 28,820,000 kg CO2e. For 2017, Scope 1 emissions were 7,226,000 kg CO2e and Scope 2 emissions were 30,165,000 kg CO2e. No Scope 3 emissions were disclosed for 2017 or 2018.

HD Hyundai Electric has not set any specific reduction targets and there are no SBTi-validated targets or climate pledges available.