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 48 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 2023, HD Hyundai Heavy Industries reported total greenhouse gas emissions of approximately 247,370,642,000 kg CO2e, with emissions distributed across all three scopes: Scope 1 emissions were about 2,862,000 kg CO2e, Scope 2 emissions were approximately 4,424,000 kg CO2e, and Scope 3 emissions accounted for a significant 247,370,642,000 kg CO2e. The total emissions for Scope 1 and 2 combined reached about 7,286,000 kg CO2e. The company has set ambitious reduction targets, aiming for a 33% reduction in Scope 1 and 2 emissions by 2030 compared to business-as-usual (BAU) levels, with a baseline of 31,902 tonnes CO2e. This target reflects their commitment to mitigating climate impact and aligns with industry standards for greenhouse gas reduction. HD Hyundai Heavy Industries has disclosed emissions data and reduction initiatives, demonstrating transparency in their climate commitments. The emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. The company continues to explore additional measures to further reduce greenhouse gas emissions, building on previous targets set for 2021, which aimed for a 15% reduction from 2015 levels. Overall, HD Hyundai Heavy Industries is actively working towards significant emissions reductions while maintaining transparency in their reporting practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2011 | 2012 | 2013 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 448,400,000 | 000,000,000 | 000,000,000 | 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 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 00,000,000 | 000,000,000 | 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 8% 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 47% 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.
