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 30 is higher than 92% 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 2022, Hyosung Heavy Industries reported total greenhouse gas emissions of approximately 10042880 kg CO2e for Scope 1 and about 41796120 kg CO2e for Scope 2. Additionally, their Scope 3 emissions included approximately 3343000 kg CO2e from business travel, 1056000 kg CO2e from employee commuting, 3612000 kg CO2e from waste generated in operations, 14603000 kg CO2e from upstream transportation and distribution, and 52911000 kg CO2e from downstream transportation and distribution. The company has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, they have reported their emissions intensity, with a Scope 1 GHG emissions intensity of about 0.000069 kg CO2e per unit of revenue in 2023, indicating a focus on monitoring their emissions relative to financial performance. Hyosung Heavy Industries is actively engaged in sustainability efforts, although detailed reduction strategies or science-based targets have not been specified in the available data. The company continues to assess its carbon footprint and aims to enhance its sustainability practices in alignment with industry standards.
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| 2018 | 2019 | 2020 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 316,146,249 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 546,520,938 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 00,000,000 |
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.
