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HDC, officially known as HDC Co., Ltd., is a prominent player in the motor vehicles, trailers, and semi-trailers industry, headquartered in South Korea (KR). Established in 2000, the company has steadily evolved, focusing on innovative solutions in vehicle manufacturing and trailer production.
With a strong presence in both domestic and international markets, HDC is renowned for its high-quality products, including a diverse range of trailers and semi-trailers designed for various applications. The company’s commitment to advanced technology and sustainability sets it apart in a competitive landscape.
HDC has achieved significant milestones, positioning itself as a trusted name in the industry, known for reliability and performance. Its dedication to excellence continues to drive its growth and reputation in the motor vehicle sector.
23
DitchCarbon score
-9 vs industry average
Hdc’s score of 23 is lower than 39% 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
High
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
0.388
20182025
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Emissions trajectory 2020 – 2026
2020202120222023202420252026
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.
Hdc's reported carbon emissions
HDC, a motor vehicle manufacturer headquartered in South Korea, is committed to significant carbon emission reductions.
Recent Emissions Data:
- 2023: HDC reported approximately 154.5 million kg CO2e in total emissions. This comprised of about 5.6 million kg CO2e for Scope 1, approximately 28.0 million kg CO2e for Scope 2, and around 95.1 million kg CO2e for Scope 3. Key contributors to Scope 3 emissions include the use of sold products (about 82.4 million kg CO2e) and waste generated in operations (approximately 9.5 million kg CO2e).
- 2022: Total emissions for 2022 were approximately 170.8 million kg CO2e. This included about 6.9 million kg CO2e for Scope 1, approximately 28.8 million kg CO2e for Scope 2, and around 107.3 million kg CO2e for Scope 3. The use of sold products accounted for approximately 95.0 million kg CO2e within Scope 3.
- 2021: Total emissions in 2021 stood at approximately 169.6 million kg CO2e, with Scope 1 at about 6.5 million kg CO2e, Scope 2 at approximately 25.0 million kg CO2e, and Scope 3 at around 112.1 million kg CO2e. The use of sold products represented approximately 97.4 million kg CO2e of the Scope 3 total.
- 2020: In 2020, HDC's reported Scope 1 and 2 emissions totalled approximately 20.4 million kg CO2e, with Scope 1 at about 1.3 million kg CO2e and Scope 2 at approximately 19.1 million kg CO2e. Scope 3 data was not disclosed for this year.
- 2019: Scope 1 and 2 emissions for 2019 were approximately 30.5 million kg CO2e, broken down into about 5.2 million kg CO2e for Scope 1 and approximately 25.3 million kg CO2e for Scope 2. Scope 3 data was not disclosed for this year.
Climate Commitments and Reduction Targets:
HDC has established ambitious climate goals, aiming for net-zero emissions by 2050 across both Scope 1 and Scope 2. Furthermore, the company has a near-term target to achieve a 33% reduction in Scope 1 and 2 greenhouse gas emissions by 2030, compared to a business-as-usual scenario, based on a 2022 baseline. The company reports that it is on track for this near-term Scope 1 reduction target.
It's important to note that Scope 3 emissions, particularly purchased goods and services, are not fully disclosed for all reporting years.
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Hdc’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Not active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Hdc19 days ago
23
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