Hyundai Engineering And Construction Sustainability Profile
Hyundai Engineering and Construction Co., Ltd. (often referred to as Hyundai E&C) is a leading player in the global construction and engineering industry, headquartered in South Korea (KR). Established in 1947, the company has built a strong reputation for its expertise in civil engineering, architecture, and construction management, with significant operations across Asia, the Middle East, and beyond. Hyundai E&C is renowned for its innovative approach to large-scale infrastructure projects, including roads, bridges, and high-rise buildings. The company’s commitment to sustainability and cutting-edge technology sets it apart in a competitive market. With numerous accolades and a robust portfolio of completed projects, Hyundai E&C continues to solidify its position as a trusted partner in the construction sector, driving progress and development worldwide.
DitchCarbon Score
How does Hyundai Engineering And Construction'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 Construction Work 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 Engineering And Construction's score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hyundai Engineering And Construction's reported carbon emissions
In 2024, Hyundai Engineering and Construction (Hyundai E&C) reported significant carbon emissions, with Scope 1 emissions totalling approximately 18,905,000 kg CO2e and Scope 2 emissions at about 68,947,000 kg CO2e in South Korea. Globally, the company’s emissions were considerably higher, with Scope 1 at around 330,144,000 kg CO2e, Scope 2 at about 140,806,000 kg CO2e, and Scope 3 emissions reaching approximately 8,832,387,000 kg CO2e. Hyundai E&C has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030, using 2019 as the base year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions, which include emissions from purchased goods and services, upstream transportation and distribution, use of sold products, and investments, within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Hyundai E&C is committed to achieving these reductions as part of its long-term sustainability strategy, reflecting its dedication to addressing climate change and reducing its carbon footprint.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 430,440,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 200,700,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 422,153,000 | 000,000,000 | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Hyundai Engineering And Construction's Industry?
How Carbon Intensive is Hyundai Engineering And Construction's Location?
Hyundai Engineering And Construction's Scope 3 Categories Breakdown
Hyundai Engineering And Construction's Scope 3 emissions, which increased by 53% last year and increased significantly since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 31% of Scope 3 emissions.
Top Scope 3 Categories
Hyundai Engineering And Construction'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 Engineering And Construction has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
