Hyundai Elevator Sustainability Profile
Hyundai Elevator Co., Ltd., headquartered in South Korea (KR), is a leading player in the elevator and escalator industry. Established in 1984, the company has made significant strides in innovation and technology, positioning itself as a trusted name in vertical transportation solutions. With a strong presence in Asia, Europe, and the Americas, Hyundai Elevator offers a diverse range of products, including passenger elevators, freight elevators, and escalators, all designed to enhance safety and efficiency. Renowned for its commitment to quality and cutting-edge technology, Hyundai Elevator has achieved notable milestones, including numerous awards for design and performance. The company’s focus on sustainability and smart solutions sets it apart in a competitive market, making it a preferred choice for both commercial and residential projects.
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 35 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Hyundai Elevator's reported carbon emissions
In 2023, Hyundai Elevator, headquartered in South Korea (KR), reported total greenhouse gas emissions of approximately 4,903,940 kg CO2e. This figure includes 1,846,000 kg CO2e from Scope 1 emissions, 2,690,200 kg CO2e from Scope 2 emissions (market-based), and 367,740 kg CO2e from Scope 3 emissions related to business travel. The total emissions for 2022 were higher, at about 9,965,380 kg CO2e, indicating a significant reduction in emissions year-on-year. Hyundai Elevator has committed to achieving carbon neutrality by 2050, aligning with the Science Based Targets initiative (SBTi) 1.5°C scenario. The company has set an ambitious target to reduce its carbon emissions by 42% by 2030, using 2022 as the baseline year. This commitment reflects a proactive approach to addressing climate change and reducing its carbon footprint across its operations. The emissions data is not cascaded from any parent organization, and all reported figures are directly sourced from Hyundai Elevator Co., Ltd. The company continues to focus on enhancing its sustainability practices and reducing its environmental impact in the elevator industry.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 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 |
| 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 |
| Scope 3 | 374,000 | 000,000 | 000,000 | 000,000 | 000,000 | 00,000 | 0,000 | 00,000 | 000,000 |
How Carbon Intensive is Hyundai Elevator's Industry?
How Carbon Intensive is Hyundai Elevator's Location?
Hyundai Elevator's Scope 3 Categories Breakdown
Hyundai Elevator's Scope 3 emissions, which increased by 491% last year and decreased by approximately 2% since 2013, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 7% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Hyundai Elevator's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hyundai Elevator has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
