HD Hyundai Electric Co., Ltd.
HD Hyundai Electric Co., Ltd., headquartered in South Korea (KR), is a prominent player in the electricity nec industry. Founded in 1973, the company has established itself as a leader in the development and manufacturing of advanced electrical equipment and solutions. With a strong focus on innovation, HD Hyundai Electric offers a diverse range of products, including power generation systems, transformers, and smart grid technologies, all designed to enhance energy efficiency and sustainability.
The company has achieved significant milestones, including numerous awards for its commitment to quality and technological advancement. HD Hyundai Electric's unique offerings, such as its cutting-edge renewable energy solutions, position it favourably in the global market. With a robust operational presence across Asia and beyond, the company continues to drive progress in the electricity sector, solidifying its reputation as a trusted provider of electrical solutions.
-4 vs industry average
HD Hyundai Electric Co., Ltd.’s score of 10 is lower than 33% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity from Other Sources is among the most carbon-intensive industries
Industry performance
The Electricity from Other Sources industry has reduced its overall emissions by 38% since 2019
Emissions trajectory 2020 – 2024
Reported emissions
Scope 3 accounts for ••• of total emissions.
HD Hyundai Electric Co., Ltd.'s reported carbon emissions
HD Hyundai Electric Co., Ltd., based in South Korea and operating within the Electricity nec industry, has reported its carbon emissions for several years. For the year 2021, the company reported total emissions of approximately 104.15 billion kg CO2e. This figure comprises Scope 1 emissions of about 723.97 million kg CO2e, Scope 2 emissions of approximately 1.66 billion kg CO2e, and significant Scope 3 emissions totalling around 101.79 billion kg CO2e. Within Scope 3, the use of sold products was the largest contributor, accounting for approximately 80.89 billion kg CO2e. In 2020, total emissions were approximately 102.93 billion kg CO2e, with Scope 1 at roughly 716.24 million kg CO2e, Scope 2 at about 1.68 billion kg CO2e, and Scope 3 at approximately 100.54 billion kg CO2e. The use of sold products remained the dominant Scope 3 category, at approximately 81.60 billion kg CO2e. Emissions for 2019 reached approximately 123.09 billion kg CO2e. This included Scope 1 emissions of around 807.50 million kg CO2e, Scope 2 emissions of approximately 1.90 billion kg CO2e, and Scope 3 emissions of about 120.38 billion kg CO2e. Again, the use of sold products represented the largest portion of Scope 3 emissions, at approximately 97.94 billion kg CO2e. For 2018, reported Scope 1 and 2 emissions totalled approximately 37.54 million kg CO2e. Data for Scope 3 emissions for 2018 is not available. In 2017, Scope 1 and 2 emissions were approximately 37.39 million kg CO2e, with no Scope 3 data provided. HD Hyundai Electric's disclosed reduction targets and climate initiatives are not detailed in the provided information. However, the company's reporting indicates an increasing focus on quantifying its environmental impact, particularly within Scope 3 emissions, which represent a substantial portion of its overall carbon footprint.
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HD Hyundai Electric Co., Ltd.’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for HD Hyundai Electric Co., Ltd. yet.
Scope 3 top emissions categories
8 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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