Hyundai Capital Bank Europe GmbH, commonly referred to as Hyundai Capital, is a prominent financial institution headquartered in Germany. Established in 2003, the bank has rapidly expanded its operations across Europe, focusing on providing innovative financial solutions tailored to the automotive sector. Specialising in automotive financing, Hyundai Capital offers a range of products including leasing, loans, and insurance services, designed to enhance customer experience and support the growth of its partners. The bank's commitment to digital transformation and customer-centric services has positioned it as a leader in the automotive finance industry. With a strong market presence and a reputation for reliability, Hyundai Capital continues to achieve significant milestones, reinforcing its status as a trusted financial partner for both consumers and businesses in the automotive market.
How does Hyundai Capital Bank Europe GmbH'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 Financial Intermediation 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.
Hyundai Capital Bank Europe GmbH's score of 27 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Hyundai Capital Bank Europe GmbH reported significant carbon emissions, totalling approximately 107,590,785,000 kg CO2e across all scopes. This includes 704,726,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 1,684,121,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, approximately 105,790,785,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Despite the substantial emissions figures, there are currently no publicly disclosed reduction targets or initiatives from Hyundai Capital Bank Europe GmbH aimed at decreasing their carbon footprint. The absence of specific climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. As the financial sector increasingly prioritises climate commitments, Hyundai Capital Bank Europe GmbH may benefit from establishing clear reduction goals to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
---|---|
Scope 1 | 704,726,000 |
Scope 2 | 1,684,121,000 |
Scope 3 | 105,790,785,000 |
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.
Hyundai Capital Bank Europe GmbH 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.