Hdc
HDC, officially known as HDC Group, is a prominent player in the South Korean construction and engineering industry, headquartered in Korea (KR). Founded in the early 2000s, HDC has established itself as a leader in various sectors, including residential and commercial development, civil engineering, and infrastructure projects. With a strong presence in major operational regions across Asia, HDC is renowned for its innovative approach to construction, offering unique solutions that prioritise sustainability and efficiency. The company’s core services encompass project management, design, and construction, setting it apart through its commitment to quality and customer satisfaction. HDC has achieved significant milestones, including numerous awards for excellence in construction and design, solidifying its market position as a trusted name in the industry.
DitchCarbon Score
How does Hdc'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 Motor Vehicle 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
Hdc's score of 37 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hdc's reported carbon emissions
In 2023, HDC reported total carbon emissions of approximately 95,107,000 kg CO2e, with emissions distributed across various scopes: 5,580,000 kg CO2e (Scope 1), 28,002,000 kg CO2e (Scope 2), and 95,107,000 kg CO2e (Scope 3). Notably, the Scope 3 emissions included significant contributions from the use of sold products (82,400,000 kg CO2e) and waste generated in operations (9,457,000 kg CO2e). Comparatively, in 2022, HDC's total emissions were about 107,348,000 kg CO2e, with Scope 1 at 6,945,000 kg CO2e, Scope 2 at 28,752,000 kg CO2e, and Scope 3 at 107,348,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. HDC has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. Additionally, they plan to reduce greenhouse gas emissions by approximately 57% by 2026 compared to fossil fuel-based power generation, which will significantly impact their near-term emissions profile. Furthermore, HDC targets a 33% reduction in Scope 1 and Scope 2 emissions by 2030 compared to business-as-usual (BAU) levels, with a baseline of 31,902 metric tons CO2e. HDC's emissions data is not cascaded from any parent organization, and their climate initiatives are independently reported. The company is actively working towards its sustainability goals, reflecting a commitment to reducing its carbon footprint in alignment with global climate standards.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,171,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 25,345,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Hdc 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.
