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 72% 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 Scope 1, 2, and 3 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 revenue growth, with 2022 revenue at approximately USD 5.98 billion and 2021 at about USD 5.16 billion. The company has reported Scope 2 emissions factors, with values of approximately 0.00003317 kg CO2e per KRW in 2023, 0.00003262 kg CO2e per KRW in 2022, and 0.00003607 kg CO2e per KRW in 2021. However, total emissions figures remain unspecified. HL Mando Corporation's climate commitments are part of a broader industry context within the automobiles and components sector, where companies are increasingly held accountable for their environmental impact. The company's near-term targets are classified as "Committed," reflecting its intention to align with industry standards for emissions reductions. Data regarding emissions and climate initiatives is cascaded from HL Mando Corporation itself, indicating that the company is responsible for its reported performance metrics. As it continues to develop its sustainability strategies, HL Mando Corporation is positioned to enhance its climate commitments in the future.
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.