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 41 is higher than 65% 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 30,940,700 kg CO2e for Scope 1, about 36,175,500 kg CO2e for Scope 2, and a significant 63,052,869,000 kg CO2e for Scope 3 emissions. The combined total for Scope 1 and Scope 2 emissions reached around 67,115,600 kg CO2e. Comparatively, in 2023, the company recorded Scope 1 emissions of about 27,677,900 kg CO2e, Scope 2 emissions of approximately 36,310,400 kg CO2e, and Scope 3 emissions of around 56,118,291,000 kg CO2e, leading to a total of about 63,987,800 kg CO2e for Scope 1 and 2 combined. From 2022, emissions data shows a trend of increasing Scope 3 emissions, which were about 51,907,477,000 kg CO2e, while Scope 1 and 2 emissions were approximately 54,955,200 kg CO2e. Despite the substantial emissions figures, HD Hyundai Heavy Industries has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company is classified as a current subsidiary of HD Hyundai Heavy Industries Co., Ltd., with emissions data sourced directly from its own disclosures. Overall, the company’s emissions profile highlights the significant impact of Scope 3 emissions, which account for the majority of its carbon footprint, underscoring the need for comprehensive strategies to address these emissions in future climate commitments.
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| 2012 | 2013 | 2014 | 2015 | 2016 | 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 |
| 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 |
| 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 |
How Carbon Intensive is HD Hyundai Heavy Industries Co.,Ltd.'s Industry?
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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.
Top Scope 3 Categories
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.
