HL Mando Corporation
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
HL Mando Corporation's score of 40 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HL Mando Corporation's reported carbon emissions
In 2023, HL Mando Corporation reported total carbon emissions of approximately 7,400,447,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 7,370,447,000 kg CO2e. The company’s Scope 1 emissions were approximately 15,160,000 kg CO2e, while Scope 2 emissions totalled around 257,686,000 kg CO2e. Comparatively, in 2022, the total emissions were about 7,583,237,000 kg CO2e, indicating a slight reduction in overall emissions year-on-year. The breakdown for 2022 showed Scope 1 emissions at approximately 15,206,000 kg CO2e and Scope 2 emissions at about 222,692,000 kg CO2e. HL Mando Corporation has committed to near-term climate targets, although specific reduction targets have not been disclosed. The company is actively engaged in climate initiatives and has been recognised for its commitment to reducing emissions within the automotive sector. However, it has not yet set a net-zero target. Overall, HL Mando Corporation's emissions profile highlights the importance of addressing Scope 3 emissions, which represent the majority of its carbon footprint, as it continues to work towards its climate commitments.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 15,086,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 221,740,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 7,151,876,000 | 0,000,000,000 | 0,000,000,000 |
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.
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.
