Hyosung Heavy Industries
Hyosung Heavy Industries Corporation, commonly referred to as Hyosung, is a leading South Korean company headquartered in Ulsan, South Korea (KR). Established in 1978, Hyosung has made significant strides in the heavy industries sector, focusing on key areas such as power systems, industrial machinery, and textile manufacturing. The company is renowned for its innovative products, including high-performance transformers and advanced wind turbine systems, which set industry standards for efficiency and reliability. With a strong presence in Asia, Europe, and the Americas, Hyosung has solidified its market position through strategic partnerships and a commitment to sustainability. Notable achievements include pioneering developments in eco-friendly technologies, positioning Hyosung as a frontrunner in the global heavy industries landscape.
DitchCarbon Score
How does Hyosung Heavy Industries'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
Hyosung Heavy Industries's score of 45 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hyosung Heavy Industries's reported carbon emissions
In 2023, Hyosung Heavy Industries, headquartered in South Korea (KR), reported total carbon emissions of approximately 1,129,000,000 kg CO2e. This figure includes 8,575,000 kg CO2e from Scope 1 emissions, 39,301,000 kg CO2e from Scope 2 emissions, and a significant 1,121,529,000 kg CO2e from Scope 3 emissions. The combined total of Scope 1 and Scope 2 emissions was about 47,870,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 1,610,264,000 kg CO2e, with Scope 1 emissions at 10,043,000 kg CO2e, Scope 2 emissions at 41,796,000 kg CO2e, and Scope 3 emissions reaching 1,610,264,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Hyosung Heavy Industries has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The company has not reported any data cascaded from a parent or related organization, indicating that all emissions data is self-reported. Overall, while Hyosung Heavy Industries has made strides in emissions reporting, further transparency regarding reduction strategies and commitments would enhance its climate accountability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 9,005,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 45,105,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 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.
Hyosung Heavy Industries is not participating in any 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.
