Hyosung Heavy Industries

Hyosung Heavy Industries, headquartered in KR, operates in the sale, maintenance, and repair of motor vehicles, parts, motorcycles, and accessories.

In 2024, Hyosung Heavy Industries reported total Scope 1 and 2 emissions of approximately 57,494,000 kg CO2e. This included Scope 1 emissions from mobile combustion of 819,310 kg CO2e and stationary combustion of 9,546,990 kg CO2e. Scope 2 emissions consisted of 125,360 kg CO2e from purchased steam and 46,631,660 kg CO2e from purchased electricity. The company also reported Scope 3 emissions from waste generated in operations of 58,030 kg CO2e.

Looking back, in 2023, their combined Scope 1 and 2 emissions were approximately 47,877,000 kg CO2e. This comprised Scope 1 emissions of 844,000 kg CO2e from mobile combustion and 7,468,000 kg CO2e from stationary combustion. Scope 2 emissions were 12,000 kg CO2e from purchased steam and 39,289,000 kg CO2e from purchased electricity. Scope 3 emissions from waste generated in operations amounted to 53,000 kg CO2e.

In 2022, Hyosung Heavy Industries's total Scope 1 and 2 emissions were approximately 51,840,000 kg CO2e. This included Scope 1 emissions from mobile combustion of 840,350 kg CO2e, process emissions of 196,000 kg CO2e, and stationary combustion of 8,637,590 kg CO2e. Scope 2 emissions were solely from purchased electricity, totalling 41,796,120 kg CO2e. Scope 3 emissions from waste generated in operations were 41,000 kg CO2e.

For 2021, the company disclosed comprehensive emissions data across all scopes. Total Scope 1 emissions were 9,005,380 kg CO2e, including 661,620 kg CO2e from mobile combustion, 5,221,800 kg CO2e from process emissions, and 3,121,960 kg CO2e from stationary combustion. Total Scope 2 emissions, location-based, were 45,104,510 kg CO2e, comprising 662,770 kg CO2e from purchased steam and 44,441,740 kg CO2e from purchased electricity. Scope 3 emissions were reported across several categories, including purchased goods and services (385,105,000 kg CO2e), capital goods (34,660 kg CO2e), fuel and energy-related activities (4,366,000 kg CO2e), upstream transportation and distribution (6,155,000 kg CO2e), waste generated in operations (10,922,000 kg CO2e), business travel (696,000 kg CO2e), employee commute (1,074,000 kg CO2e), downstream transportation and distribution (1,896,000 kg CO2e), use of sold products (8,566,856,000 kg CO2e), end-of-life treatment of sold products (1,374,000 kg CO2e), and investments (14,592,000 kg CO2e).

Hyosung Heavy Industries has set a near-term absolute emissions reduction target of 14.5% across all scopes by 2030, compared to 2018 levels. This target is aligned with national GHG emissions reduction goals.