Hyundai Elevator
Hyundai Elevator Co., Ltd., a prominent player in the vertical transportation industry, is headquartered in Uiwang, South Korea. Established in 1984, the company has grown to become a leader in the design, manufacture, and installation of elevators, escalators, and moving walkways, serving both residential and commercial sectors across Asia, Europe, and the Americas. Renowned for its innovative technology and commitment to safety, Hyundai Elevator offers a diverse range of products, including high-speed elevators and eco-friendly solutions. The company has achieved significant milestones, such as the development of smart elevator systems that enhance user experience and operational efficiency. With a strong market position, Hyundai Elevator continues to set industry standards, reflecting its dedication to quality and customer satisfaction.
DitchCarbon Score
How does Hyundai Elevator'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 Furniture Manufacturing 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
Hyundai Elevator's score of 45 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hyundai Elevator's reported carbon emissions
In 2023, Hyundai Elevator reported total carbon emissions of approximately 4.9 million tonnes CO2e. This figure includes about 1.8 million tonnes from Scope 1 emissions, which are direct emissions from owned or controlled sources, and around 6.2 million tonnes from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, Scope 3 emissions, which encompass all other indirect emissions, accounted for approximately 368,000 tonnes CO2e. Hyundai Elevator has demonstrated a significant reduction in emissions over the years. From a peak of about 11.2 million tonnes CO2e in 2016, the company has successfully decreased its total emissions by approximately 6.3 million tonnes CO2e by 2023. This reduction reflects a commitment to improving energy efficiency and reducing the carbon footprint of its operations. Despite the absence of specific reduction targets or climate pledges outlined in their recent reports, Hyundai Elevator's ongoing efforts to lower emissions align with broader industry trends towards sustainability and climate responsibility. The company continues to focus on enhancing its operational efficiency and reducing its environmental impact as part of its corporate strategy.
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Add to project2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,987,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,510,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 374,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 0,000 | 00,000 | 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.
Hyundai Elevator is not committed to any reduction initiatives 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.
