Hd Hyundai Heavy Industries Sustainability Profile
Hyundai Heavy Industries Co., Ltd. (HHI), headquartered in Ulsan, South Korea (KR), stands as a global leader in the heavy industry sector. Founded in 1972, HHI has established itself as a powerhouse in shipbuilding, offshore engineering, and industrial machinery, with significant operations across Asia, Europe, and the Americas. The company is renowned for its innovative core products, including large container ships, drilling rigs, and eco-friendly marine solutions, which set it apart in a competitive market. HHI's commitment to technological advancement and sustainability has earned it a prominent position, making it one of the largest shipbuilders in the world. With numerous accolades and a strong reputation for quality, Hyundai Heavy Industries continues to shape the future of the heavy industry landscape.
DitchCarbon Score
How does Hd Hyundai Heavy Industries'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 Machinery and Equipment 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 Heavy Industries's score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Hd Hyundai Heavy Industries's reported carbon emissions
In 2024, Hyundai Heavy Industries (HHI), headquartered in South Korea (KR), reported total carbon emissions of approximately 868,000,000 kg CO2e. This figure includes 3,201,000 kg CO2e from Scope 1 emissions, 5,207,000 kg CO2e from Scope 2 emissions, and a significant 859,847,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions encompass various categories, with the largest contribution coming from the use of sold products, accounting for about 808,166,000 kg CO2e. In 2023, HHI's emissions were notably lower, with total emissions of approximately 4,250,000 kg CO2e from Scope 1 and 36,410,400 kg CO2e from Scope 2, while Scope 3 emissions reached around 4,242,246,000 kg CO2e. This indicates a substantial reliance on Scope 3 emissions, which are often the most challenging to manage. HHI has set ambitious reduction targets, aiming for a 15% decrease in GHG emissions from 2015 levels by 2021 for both Scope 1 and Scope 2 emissions. This commitment reflects HHI's proactive approach to addressing climate change and reducing its carbon footprint. The emissions data is sourced from HD Korea Shipbuilding & Offshore Engineering Co., Ltd., which is part of HHI's corporate family, ensuring a comprehensive understanding of the company's environmental impact. HHI's ongoing efforts and commitments highlight its dedication to sustainability and climate responsibility in the heavy industries sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2011 | 2012 | 2013 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 448,400,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 569,199,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Hd Hyundai Heavy Industries's Industry?
How Carbon Intensive is Hd Hyundai Heavy Industries's Location?
Hd Hyundai Heavy Industries's Scope 3 Categories Breakdown
Hd Hyundai Heavy Industries's Scope 3 emissions, which increased by 641% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 94% of Scope 3 emissions.
Top Scope 3 Categories
Hd Hyundai Heavy Industries's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hd Hyundai Heavy Industries has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
