Hyundai Mobis
Hyundai Mobis, a leading global automotive parts manufacturer, is headquartered in South Korea (KR) and operates extensively across Asia, Europe, and North America. Founded in 1977, the company has established itself as a key player in the automotive industry, focusing on core business areas such as vehicle components, smart mobility solutions, and advanced driver assistance systems (ADAS). With a commitment to innovation, Hyundai Mobis offers a diverse range of products, including cutting-edge infotainment systems and eco-friendly automotive technologies. The company is recognised for its unique integration of advanced technology and sustainability, positioning itself as a frontrunner in the rapidly evolving automotive landscape. Notable achievements include significant partnerships with major automotive manufacturers and a strong market presence, underscoring its role as a pivotal contributor to the future of mobility.
DitchCarbon Score
How does Hyundai Mobis'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 Motor Vehicle Manufacturing 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 Mobis's score of 72 is higher than 84% 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 Mobis's reported carbon emissions
In 2023, Hyundai Mobis reported total greenhouse gas emissions of approximately 3,730,328,000 kg CO2e globally, with emissions broken down into Scope 1 at about 52,795,000 kg CO2e, Scope 2 at approximately 333,452,000 kg CO2e (market-based), and a significant Scope 3 total of around 3,344,082,000 kg CO2e. The company has set ambitious targets to reduce its emissions, committing to a 46.2% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2019 baseline. Additionally, Hyundai Mobis aims to cut Scope 3 emissions from purchased goods and services by 55% per million KRW value added within the same timeframe. For Scope 2 emissions, Hyundai Mobis has established a near-term target to reduce emissions by 65% by 2030 and achieve a complete reduction by 2040. Furthermore, the company is working towards a net-zero commitment across all scopes by 2050, aligning with the Science Based Targets initiative (SBTi) guidelines. Hyundai Mobis's emissions data is not cascaded from any parent organization, indicating that the reported figures are solely from its operations. The company is actively engaged in various initiatives to enhance its sustainability practices and reduce its carbon footprint in the automotive sector.
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| 2010 | 2011 | 2012 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 336,279,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 123,379,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 00,000,000 | - | - | 00,000,000,000 | 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 Mobis is participating in some 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.
