Hd Hyundai Heavy Industries
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 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 28 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hd Hyundai Heavy Industries's reported carbon emissions
In 2023, Hd Hyundai Heavy Industries reported emissions of approximately 19,003,600 kg CO2e for Scope 1, 36,410,400 kg CO2e for Scope 2, and 4,242,246,000 kg CO2e for Scope 3, totalling about 55,414,100 kg CO2e for Scope 1 and 2 combined. This reflects a significant reliance on Scope 3 emissions, which primarily arise from the use of sold products. Looking at previous years, the company has shown a trend of decreasing emissions in Scope 1 and Scope 2 from 2011 to 2022. For instance, in 2011, emissions were about 1,017,599,000 kg CO2e (Scope 1 and 2 combined), which decreased to approximately 549,559,000 kg CO2e in 2022. This indicates a commitment to reducing direct and indirect emissions associated with their operations. Despite these reductions, there are currently no specific reduction targets or climate pledges documented for Hd Hyundai Heavy Industries. The absence of formal commitments suggests that while the company has made strides in reducing emissions, it may need to establish clearer climate goals to align with industry standards and expectations. Overall, while Hd Hyundai Heavy Industries has made progress in reducing its carbon footprint, the lack of defined reduction targets highlights an area for potential improvement in their climate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2011 | 2012 | 2013 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 448,400,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 569,199,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | 000,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 Heavy Industries 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.
