Hyosung Heavy Industries

Hyosung Heavy Industries, headquartered in South Korea, reported total Scope 1 and 2 emissions of approximately 57,494,000 kg CO2e in 2024. This included approximately 10,366,200 kg CO2e from Scope 1 emissions (primarily stationary and mobile combustion) and approximately 46,756,920 kg CO2e from Scope 2 emissions (from purchased electricity and steam). Scope 3 emissions for 2024 were approximately 58,030 kg CO2e, attributed to waste generated in operations.

Looking at previous years, in 2023, the company's Scope 1 and 2 emissions were around 47,877,000 kg CO2e. In 2022, this figure was approximately 51,840,000 kg CO2e. For 2021, Hyosung Heavy Industries disclosed more comprehensive emissions data, with total Scope 1 emissions of approximately 9,005,380 kg CO2e, Scope 2 emissions of about 45,104,510 kg CO2e, and a significant Scope 3 total of approximately 8,970,255,000 kg CO2e, largely driven by the use of sold products.

Hyosung Heavy Industries has set a near-term absolute emissions reduction target across all scopes. The company aims for a 14.5% reduction in absolute emissions by 2030, compared to 2018 levels.