Hyundai Engineering And Construction
Hyundai Engineering and Construction Co., Ltd. (often referred to as Hyundai E&C) is a leading South Korean firm headquartered in Seoul, with significant operations across Asia, the Middle East, and Africa. Established in 1947, the company has evolved into a key player in the construction and engineering industry, specialising in infrastructure, building construction, and plant engineering. Hyundai E&C is renowned for its innovative approach to large-scale projects, including highways, bridges, and power plants, which sets it apart from competitors. The firm has achieved numerous accolades, solidifying its market position as a trusted partner in both public and private sectors. With a commitment to sustainability and cutting-edge technology, Hyundai Engineering and Construction continues to shape the future of urban development and infrastructure globally.
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 51 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hyundai Engineering And Construction's reported carbon emissions
In 2023, Hyundai Engineering and Construction (Hyundai E&C) reported total greenhouse gas emissions of approximately 363,374,000 tonnes CO2e globally, with emissions from Scope 1 at about 27,047,000 tonnes CO2e, Scope 2 at approximately 92,907,000 tonnes CO2e, and Scope 3 emissions reaching around 5,765,722,000 tonnes CO2e. Hyundai E&C has set ambitious climate commitments, aiming to achieve a 46.2% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions, which includes emissions from purchased goods and services, upstream transportation and distribution, and the use of sold products, also by 2030. The company has committed to a long-term net-zero target by 2050, encompassing all scopes of emissions. These initiatives align with the Science Based Targets initiative (SBTi) guidelines, reflecting Hyundai E&C's dedication to addressing climate change and reducing its carbon footprint in the construction and engineering sector.
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Add to project2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 430,440,000 | 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 |
| 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 |
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 Engineering And Construction is committed to some 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.
