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.
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.
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.
Hd Hyundai Heavy Industries's score of 37 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, HD Hyundai Heavy Industries, headquartered in South Korea (KR), reported no specific carbon emissions data. However, in previous years, the company has demonstrated a commitment to reducing its carbon footprint. For instance, in 2020, the total emissions were approximately 932,106,000 kg CO2e, comprising 373,111,000 kg CO2e from Scope 1 and 559,008,000 kg CO2e from Scope 2. The Scope 3 emissions for that year were significantly higher, at about 135,400,391,000 kg CO2e, indicating a substantial impact from upstream and downstream activities. The company has shown a trend of decreasing emissions over the years. For example, in 2011, total emissions were about 1,017,599,000 kg CO2e, which decreased to approximately 839,385,000 kg CO2e by 2018. This reflects a commitment to improving operational efficiency and reducing greenhouse gas emissions. Despite the absence of specific reduction targets or climate pledges, HD Hyundai Heavy Industries is actively working towards sustainability, as evidenced by their reported emissions intensity metrics. The GHG intensity for sales in 2023 was noted at 0.05351, suggesting ongoing efforts to align with industry standards for emissions reduction. Overall, while specific reduction initiatives and targets are not detailed, HD Hyundai Heavy Industries has made progress in managing its carbon emissions, contributing to broader climate commitments within the heavy industries sector.
Access structured emissions data, company-specific emission factors, and source documents
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 | 000,000,000,000 |
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 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.