HD Hyundai Heavy Industries Co.,Ltd. Sustainability Profile
HD Hyundai Heavy Industries Co., Ltd., headquartered in South Korea (KR), is a leading player in the global heavy industries sector. Founded in 1972, the company has established itself as a pioneer in shipbuilding, offshore engineering, and industrial machinery, with significant operations across Asia, Europe, and the Americas. Renowned for its innovative approach, HD Hyundai Heavy Industries offers a diverse range of products, including advanced shipbuilding solutions, eco-friendly marine technologies, and cutting-edge industrial equipment. The company’s commitment to sustainability and efficiency sets it apart in a competitive market. With numerous accolades and a strong market position, HD Hyundai Heavy Industries continues to drive advancements in the heavy industries sector, solidifying its reputation as a trusted leader in engineering excellence and technological innovation.
DitchCarbon Score
How does HD Hyundai Heavy Industries Co.,Ltd.'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 Transport Equipment Manufacturing 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 Co.,Ltd.'s score of 47 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HD Hyundai Heavy Industries Co.,Ltd.'s reported carbon emissions
In 2024, HD Hyundai Heavy Industries Co., Ltd. reported total carbon emissions of approximately 63.1 billion kg CO2e. This figure includes 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 63.0 billion kg CO2e. The company has shown a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. In 2023, the total emissions were approximately 56.1 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 emissions at around 56.1 billion kg CO2e. This indicates a significant increase in emissions from 2023 to 2024. The emissions data is cascaded from HD Hyundai Heavy Industries Co., Ltd. as a current subsidiary, with no specific reduction targets reported from the Science Based Targets initiative (SBTi) or other climate pledges. The company is actively disclosing its emissions across all three scopes, reflecting a commitment to transparency in its climate impact reporting.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 566,090,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 407,880,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 566,875,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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HD Hyundai Heavy Industries Co.,Ltd.'s Scope 3 Categories Breakdown
HD Hyundai Heavy Industries Co.,Ltd.'s Scope 3 emissions, which increased by 12% last year and increased significantly since 2012, 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 "Purchased Goods and Services" being the largest emissions source at 5% of Scope 3 emissions.
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HD Hyundai Heavy Industries Co.,Ltd.'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 Co.,Ltd. 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.
