Hyundai Motor

Hyundai Motor, headquartered in South Korea, operates in the Motor vehicles, trailers, and semi-trailers industry. In 2025, Hyundai Motor's total carbon emissions are projected to be approximately 201.6 billion kg CO2e. This includes about 720.6 million kg CO2e from Scope 1, 1.19 billion kg CO2e from Scope 2 (market-based), and 199.7 billion kg CO2e from Scope 3 emissions. The largest contributor to Scope 3 emissions is the use of sold products, accounting for approximately 157.8 billion kg CO2e.

Hyundai Motor is committed to several climate initiatives. The company aims to achieve net-zero emissions for Scope 1 and 2 by 2045, with an interim target of reducing these emissions by approximately 60% by 2035 from a 2023 base year (2.28 billion kg CO2e). This commitment includes achieving RE100 (Renewable Energy 100%) by 2045 across all global business sites, with a particular focus on overseas sites reaching RE100 by 2027.

Hyundai Motor also has Science-Based Targets initiative (SBTi) validated goals. The company commits to reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2024 base year. Additionally, Hyundai Motor aims to reduce absolute well-to-wheel Scope 3 GHG emissions from the use of sold light-duty vehicles, buses, mini-buses, medium freight trucks, and heavy freight trucks by 63% by 2035 from a 2024 base year. This also includes a commitment to phase out new internal combustion engine vehicles by 2035 in leading markets and globally by 2040.

Historically, Hyundai Motor's total emissions were approximately 206.1 billion kg CO2e in 2024, with Scope 1 at about 730 million kg CO2e, Scope 2 (market-based) at around 1.47 billion kg CO2e, and Scope 3 at approximately 203.9 billion kg CO2e. In 2023, total emissions were roughly 150.8 billion kg CO2e (Scope 1: 696.6 million kg CO2e, Scope 2 market-based: 1.58 billion kg CO2e, Scope 3: 148.1 billion kg CO2e).