HL Mando Corporation Sustainability Profile
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 24 is lower 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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HL Mando Corporation, headquartered in South Korea, has made significant commitments to reduce its carbon emissions, although specific emissions data is currently unavailable. The company has set ambitious near-term targets, committing to a 63% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 2035, using 2023 as the base year. Additionally, HL Mando aims to reduce Scope 3 emissions from purchased goods and services by approximately 66.33% per KRW value added within the same timeframe. These targets align with the 1.5°C pathway, demonstrating the company's commitment to climate action. The emissions data for HL Mando Corporation is cascaded from its parent company, HL Holdings Corporation, indicating a structured approach to sustainability within its corporate family. As of now, HL Mando has not committed to a net-zero target. The company's initiatives reflect a proactive stance in the automotive and components sector, contributing to broader industry efforts to mitigate climate change.
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HL Mando Corporation'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.
HL Mando Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
