Hyundai Glovis Co., Ltd., commonly referred to as Hyundai Glovis, is a prominent player in the Other Business Services sector, headquartered in South Korea (KR). Established in 2001, the company has rapidly evolved, focusing on logistics, supply chain management, and automotive transportation services. With a strong operational presence across Asia, Europe, and the Americas, Hyundai Glovis has positioned itself as a leader in integrated logistics solutions.
The company offers a unique blend of services, including vehicle logistics, freight forwarding, and supply chain optimisation, distinguished by its commitment to innovation and efficiency. Notable achievements include its strategic partnerships and advancements in eco-friendly logistics practices, reinforcing its market position. Hyundai Glovis continues to set industry standards, making significant contributions to the global logistics landscape.
-3 vs industry average
Hyundai Glovis’s score of 30 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hyundai Glovis's reported carbon emissions
Hyundai Glovis, a South Korean business services company, has disclosed its greenhouse gas emissions for several years. In 2023, the company reported total emissions of approximately 3.5 billion kg CO2e, encompassing Scope 1, 2, and 3. This figure includes Scope 1 emissions of about 3.49 billion kg CO2e and Scope 2 emissions of approximately 10.6 million kg CO2e. Scope 3 emissions for 2023 were reported as roughly 33.2 million kg CO2e, with upstream transportation and distribution contributing the largest portion of this scope.
In 2022, Hyundai Glovis's total emissions were approximately 3.95 billion kg CO2e. Scope 1 emissions for that year stood at about 3.92 billion kg CO2e, and Scope 2 emissions were around 11 million kg CO2e. Scope 3 emissions were approximately 39.7 million kg CO2e.
The company's emissions data shows a fluctuating trend over recent years. In 2021, total emissions were about 3.91 billion kg CO2e, with Scope 1 at approximately 3.85 billion kg CO2e and Scope 2 at nearly 10.7 million kg CO2e. Scope 3 emissions were significantly higher in 2021, at around 51.4 million kg CO2e.
Prior to this, in 2020, Hyundai Glovis reported total emissions of about 3.14 billion kg CO2e. Scope 1 emissions were approximately 3.12 billion kg CO2e and Scope 2 emissions were around 9.4 million kg CO2e. Scope 3 emissions for 2020 were about 51.6 million kg CO2e.
In 2019, the company's emissions were approximately 4.06 billion kg CO2e, with Scope 1 emissions at about 4.05 billion kg CO2e and Scope 2 emissions at approximately 8.5 million kg CO2e. Scope 3 emissions were reported as roughly 1.9 million kg CO2e.
For 2018, only Scope 3 emissions data was available, amounting to approximately 408.4 million kg CO2e.
Hyundai Glovis is committed to climate action and has published sustainability reports that outline its approach. The company's reporting indicates a focus on reducing its environmental impact, with data on Scope 1, 2, and 3 emissions being disclosed. Specific quantitative reduction targets or achievements beyond the reported emissions figures are not detailed in the provided information.
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Hyundai Glovis’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Hyundai Glovis yet.
Scope 3 top emissions categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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