HL Mando Corporation, a leading player in the automotive components industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in 1970, the company has established itself as a pioneer in the development of advanced automotive technologies, particularly in the fields of electric and hybrid vehicle systems. Specialising in innovative products such as electric power steering, brake systems, and advanced driver assistance systems (ADAS), HL Mando stands out for its commitment to quality and sustainability. The company has achieved significant milestones, including partnerships with major automotive manufacturers, solidifying its position as a trusted supplier in the global market. With a focus on research and development, HL Mando continues to drive innovation, ensuring its products meet the evolving demands of the automotive industry.
How does HL Mando Corporation'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.
Mean score of companies in the Motor Vehicle Retail Services 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.
HL Mando Corporation's score of 21 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, HL Mando Corporation, headquartered in South Korea, reported its carbon emissions data, although specific figures for total emissions were not disclosed. The company has committed to near-term climate targets, indicating a proactive approach to reducing its carbon footprint, although it has not set a net-zero target as of now. The emissions data for previous years shows a consistent focus on Scope 2 emissions, with values expressed in terms of revenue. For instance, in 2022, the Scope 2 emissions factor was approximately 3.262e-05 kg CO2e per KRW of revenue, while in 2021, it was about 3.607e-05 kg CO2e per KRW. This suggests a potential trend in emissions intensity relative to revenue, although absolute emissions figures remain unspecified. HL Mando Corporation's climate commitments are classified as "Committed" under near-term targets, reflecting its intention to align with industry standards for emissions reduction. The company is part of the automobiles and components sector and is actively working towards enhancing its sustainability practices. The emissions data and climate commitments are cascaded from HL Mando Corporation itself, with no additional data inherited from a parent company. The company continues to engage in initiatives aimed at improving its environmental impact, although specific reduction targets have not been detailed.
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.
HL Mando Corporation is participating in some 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.