Hdc Sustainability Profile
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 57% 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 Scope 1, 2, and 3. Specifically, Scope 1 emissions were about 5,580,000 kg CO2e, while Scope 2 emissions totalled approximately 28,002,000 kg CO2e. The majority of emissions stemmed from Scope 3, which accounted for about 95% of total emissions, with significant contributions from the use of sold products (approximately 82,400,000 kg CO2e) and waste generated in operations (about 9,457,000 kg CO2e). HDC has set ambitious climate commitments, aiming for net zero emissions by 2050 for both Scope 1 and Scope 2 emissions. Additionally, the company targets a 33% reduction in greenhouse gas emissions from its baseline year (BAU) by 2030, specifically for Scope 1 and Scope 2 emissions, which are projected to be around 31,902,000 kg CO2e. The emissions data is not cascaded from any parent organization, and all figures are independently reported by HDC. The company is actively working towards its climate goals, demonstrating a commitment to sustainability and reducing its carbon footprint in the construction and development sector.
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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 |
How Carbon Intensive is Hdc's Industry?
How Carbon Intensive is Hdc's Location?
Hdc's Scope 3 Categories Breakdown
Hdc's Scope 3 emissions, which decreased by 11% last year and decreased by approximately 15% since 2021, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 87% of Scope 3 emissions.
Top Scope 3 Categories
Hdc'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.
Hdc 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.
