Hyundai Motor Company, often referred to simply as Hyundai, is a leading player in the motor vehicles, trailers, and semi-trailers industry, headquartered in South Korea (KR). Founded in 1967, Hyundai has established itself as a global automotive powerhouse, with significant operations across Asia, Europe, and North America.
The company is renowned for its diverse range of vehicles, including sedans, SUVs, and electric models, which are distinguished by their innovative technology and commitment to sustainability. Hyundai's dedication to quality and design has earned it a strong market position, consistently ranking among the top automotive manufacturers worldwide. Notable achievements include the introduction of advanced safety features and a robust electric vehicle lineup, reflecting its forward-thinking approach in an ever-evolving industry.
+27 vs industry average
Hyundai Motor’s score of 57 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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Industry Intensity
Motor Vehicle Manufacturing has above-average carbon intensity
Industry performance
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hyundai Motor's reported carbon emissions
Hyundai Motor Company (HQ in KR, Industry: Motor vehicles, trailers and semi-trailers) reported a total of approximately 152.4 billion kg CO2e in greenhouse gas emissions for the year 2024. This includes approximately 679.8 million kg CO2e from Scope 1 emissions and approximately 1.4 billion kg CO2e from Scope 2 market-based emissions. The largest portion of their emissions, approximately 147.3 billion kg CO2e, falls under Scope 3.
In 2023, Hyundai Motor Company's total emissions were approximately 151.0 billion kg CO2e, with Scope 1 emissions at around 696.6 million kg CO2e and Scope 2 market-based emissions at approximately 1.6 billion kg CO2e. Scope 3 emissions for 2023 amounted to approximately 148.1 billion kg CO2e.
Hyundai has established ambitious climate commitments. The company aims for Net Zero by 2045, covering Scope 1 and Scope 2 emissions. Furthermore, they have set a target to reduce greenhouse gas emissions by approximately 42% by 2030 compared to 2024 levels, a commitment aligned with Science Based Targets initiative (SBTi) standards for a 1.5°C pathway. This near-term reduction goal specifically targets Scope 1 and Scope 2 emissions. Hyundai also commits to reducing absolute well-to-wheel Scope 3 GHG emissions from the use of sold vehicles by 63.0% by 2035 from a 2024 base year. Additionally, they are working towards RE100 across all overseas business sites by 2027.
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Hyundai Motor’s Climate Goals (2030 & 2050)
5 goals2045
100% reduction in Scope 1
We aim to reduce Scope 1 & 2 emissions by approx. 60% by 2035 and 100% by 2045, compared to the 2023 base year (2,275,751tCO2-eq).
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
13 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Hyundai Motor’s sustainability data and climate commitments
Data year: 2024
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