Hyundai Motor
Hyundai Motor Company, commonly referred to as Hyundai, is a leading global automotive manufacturer headquartered in South Korea (KR). Founded in 1967, the company has established a strong presence in major operational regions, including North America, Europe, and Asia. Hyundai operates within the automotive industry, focusing on the design, production, and sale of vehicles, including sedans, SUVs, and electric models. Renowned for its commitment to innovation, Hyundai has achieved significant milestones, such as the introduction of its eco-friendly Ioniq series. The company is recognised for its advanced technology, safety features, and competitive pricing, which have solidified its market position. With a reputation for quality and reliability, Hyundai continues to be a prominent player in the global automotive landscape, consistently earning accolades for its vehicles and sustainability initiatives.
DitchCarbon Score
How does Hyundai Motor'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 Motor's score of 33 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hyundai Motor's reported carbon emissions
In 2023, Hyundai Motor reported total carbon emissions of approximately 2,275,751,000 kg CO2e. This figure includes Scope 1 emissions of about 696,590,000 kg CO2e, Scope 2 emissions of approximately 1,579,161,000 kg CO2e, and Scope 3 emissions totalling around 141,956,876,000 kg CO2e. Over the years, Hyundai has demonstrated a commitment to reducing its carbon footprint. In 2022, the company recorded total emissions of about 2,404,069,000 kg CO2e, indicating a reduction in emissions in 2023. The company has consistently reported emissions across all three scopes, highlighting its comprehensive approach to climate accountability. Despite these reductions, Hyundai has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests a need for further commitment to measurable climate action. Hyundai's emissions data reflects its ongoing efforts to address climate change, but the company may benefit from establishing clear reduction goals to enhance its sustainability strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 822,273,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,032,654,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 7,209,437,000 | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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 Motor is not committed to any reduction initiatives 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.
