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 96% 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 141,956,876,000 kg CO2e, with emissions distributed across Scope 1, 2, and 3. Specifically, Scope 1 emissions were about 696,590,000 kg CO2e, while Scope 2 emissions totalled approximately 1,579,161,000 kg CO2e. The majority of their emissions, approximately 141,956,876,000 kg CO2e, fell under Scope 3, which includes emissions from the use of sold products, accounting for about 114,132,523,000 kg CO2e. In comparison, the previous year, 2022, saw total emissions of approximately 133,110,484,000 kg CO2e, indicating a slight increase in emissions year-on-year. The Scope 1 and 2 combined emissions for 2023 were approximately 3,500,014,000 kg CO2e, reflecting a continued focus on tracking and managing their carbon footprint. Despite the significant emissions figures, Hyundai Glovis has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. This lack of defined targets may suggest an opportunity for the company to enhance its sustainability strategy and align with industry standards for carbon reduction. Overall, Hyundai Glovis's emissions data highlights the scale of their carbon footprint and underscores the importance of establishing clear climate commitments to drive future reductions.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,989,509,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 6,062,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000 | 00,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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 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.
