Hyundai Glovis
Hyundai Glovis Co., Ltd., commonly known as Hyundai Glovis, is a leading logistics and supply chain management company headquartered in South Korea (KR). Established in 2001, the company has rapidly expanded its operations across major regions, including Asia, Europe, and North America. Specialising in integrated logistics services, Hyundai Glovis offers a diverse range of solutions, including automotive logistics, freight forwarding, and supply chain optimisation. With a strong focus on innovation and efficiency, Hyundai Glovis has positioned itself as a key player in the logistics industry, serving both Hyundai Motor Group and various external clients. The company is recognised for its commitment to sustainability and advanced technology, which enhances its service offerings. Notable achievements include significant growth in global market share and the development of cutting-edge logistics systems, solidifying Hyundai Glovis's reputation as a trusted partner in the logistics sector.
DitchCarbon Score
How does Hyundai Glovis'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 Business Services 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 Glovis's score of 45 is higher than 70% 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 Glovis's reported carbon emissions
In 2023, Hyundai Glovis reported total carbon emissions of approximately 10,598,000 kg CO2e. This figure includes Scope 1 emissions of about 3,489,416,000 kg CO2e, primarily from mobile combustion and process emissions, and Scope 2 emissions of about 10,598,000 kg CO2e. Additionally, Scope 3 emissions were significant, totalling approximately 33,189,000 kg CO2e, with upstream transportation and distribution contributing about 31,425,000 kg CO2e. Comparatively, in 2022, the company recorded total emissions of about 11,019,000 kg CO2e, with Scope 1 emissions at approximately 3,924,263,000 kg CO2e and Scope 3 emissions reaching about 39,731,000 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Hyundai Glovis has not disclosed specific reduction targets or initiatives through the Science Based Targets initiative (SBTi) or other climate pledges. However, the company is actively engaged in monitoring and reporting its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact. The emissions data is not cascaded from any parent organization, and all figures are sourced directly from Hyundai Glovis Co., Ltd. This commitment to sustainability aligns with industry standards, as the company continues to assess its carbon footprint and explore potential reduction strategies.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,048,198,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 8,532,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,887,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 Glovis is not participating in any of the initiatives that 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.
