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OrganisationsHD Hyundai Heavy Industries Co.,Ltd.
HD Hyundai Heavy Industries Co.,Ltd. logo

HD Hyundai Heavy Industries Co.,Ltd.

Transport Equipment ManufacturingSouth Korea
Last verified 16 days agohhi.co.kr

HD Hyundai Heavy Industries Co., Ltd., headquartered in South Korea (KR), is a prominent player in the Other Transport Equipment industry (35). Founded in 1972, the company has established itself as a leader in shipbuilding, offshore engineering, and industrial machinery, contributing significantly to the global maritime sector.

With a strong presence in major operational regions, including Asia, Europe, and the Americas, HD Hyundai Heavy Industries is renowned for its innovative solutions and advanced technologies. The company’s core products encompass a wide range of vessels, including container ships and oil tankers, distinguished by their efficiency and sustainability.

Recognised for its commitment to quality and innovation, HD Hyundai Heavy Industries has achieved numerous milestones, solidifying its market position as a trusted provider in the transport equipment sector.

34
DitchCarbon score

+7 vs industry average

HD Hyundai Heavy Industries Co.,Ltd.’s score of 34 is higher than 54% 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

Medium

Transport Equipment Manufacturing has typical carbon intensity

Industry performance

0.533
20182025

The Transport Equipment Manufacturing industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2027

00.0B00B00.0B00.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

HD Hyundai Heavy Industries Co.,Ltd.'s reported carbon emissions

HD Hyundai Heavy Industries Co., Ltd., based in South Korea and operating in the "Other transport equipment" sector, is committed to managing its carbon emissions. For the reporting year 2024, the company reported a total of approximately 63.7 billion kg CO2e. This figure encompasses Scope 1 emissions of about 309.4 million kg CO2e, Scope 2 emissions of approximately 361.8 million kg CO2e, and Scope 3 emissions totalling around 63 billion kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which accounted for approximately 3.32 billion kg CO2e.

In 2023, HD Hyundai Heavy Industries reported total emissions of approximately 56.7 billion kg CO2e, with Scope 1 at about 276.8 million kg CO2e, Scope 2 at approximately 363.1 million kg CO2e, and Scope 3 at approximately 56.1 billion kg CO2e. The previous year, 2022, saw total emissions of approximately 52.5 billion kg CO2e, comprising Scope 1 emissions of around 244.2 million kg CO2e, Scope 2 emissions of about 305.3 million kg CO2e, and Scope 3 emissions of approximately 51.9 billion kg CO2e.

Historical data indicates that in 2021, total emissions were approximately 56.1 billion kg CO2e, with Scope 1 at about 236.7 million kg CO2e and Scope 2 at approximately 293.3 million kg CO2e. Prior to this, for 2016, the company reported Scope 1 emissions of approximately 366 million kg CO2e, Scope 2 emissions of about 531.2 million kg CO2e, and Scope 3 emissions of approximately 897.2 million kg CO2e. In 2015, Scope 1 emissions were around 385.2 million kg CO2e, Scope 2 emissions were approximately 574.1 million kg CO2e, and Scope 3 emissions were about 959.3 million kg CO2e. For 2014, the reported figures were Scope 1 at approximately 509.6 million kg CO2e, Scope 2 at about 566.9 million kg CO2e, and Scope 3 at approximately 1.08 billion kg CO2e.

HD Hyundai Heavy Industries' disclosures indicate that it provides data for all three scopes (Scope 1, 2, and 3), with a focus on upstream emissions categories. The company does not currently have publicly stated SBTi reduction targets or a Climate Pledge commitment. The available data is specific to HD Hyundai Heavy Industries Co., Ltd. and is not cascaded from a parent organisation.

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HD Hyundai Heavy Industries Co.,Ltd.’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for HD Hyundai Heavy Industries Co.,Ltd. yet.

Scope 3 top emissions categories

8 of 15 categories disclosed
Purchased Goods & Services5%
Fuel & Energy Activities0%
Upstream Transportation & Distribution0%
Capital Goods0%
Employee Commuting0%
Waste Generated in Operations0%
Investments0%
Business Travel0%
Purchased Goods & Services5%
Fuel & Energy Activities0%
Upstream Transportation & Distribution0%
Capital Goods0%
Employee Commuting0%
Waste Generated in Operations0%
Investments0%
Business Travel0%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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