Hyundai Motor Company, commonly referred to as Hyundai, is a leading global automotive manufacturer headquartered in Seoul, South Korea. Founded in 1967, the company has established a strong presence in key operational regions, including North America, Europe, and Asia. Hyundai operates primarily in the automotive industry, focusing on the design, production, and sale of vehicles, including sedans, SUVs, and electric models. Notable milestones in Hyundai's history include the introduction of the first Korean-made car in 1975 and the launch of its premium brand, Genesis, in 2015. Hyundai is renowned for its commitment to innovation, offering unique features such as advanced safety technologies and eco-friendly vehicles. With a robust market position, Hyundai consistently ranks among the top automotive manufacturers globally, recognised for its quality, reliability, and forward-thinking approach to sustainable mobility.
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.
Mean score of companies in the Motor Vehicles 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.
Hyundai Motor's score of 33 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hyundai Motor Company reported total carbon emissions of approximately 2.3 million tonnes CO2e, with emissions distributed across various scopes: about 696,590 tonnes (Scope 1), approximately 1.58 million tonnes (Scope 2), and around 142 million tonnes (Scope 3). This represents a significant reduction from previous years, with total emissions decreasing from about 2.4 million tonnes in 2022. Hyundai has made notable strides in its climate commitments, achieving a score of "A" in the CDP Climate Change Report for 2023, reflecting its proactive approach to sustainability. The company has focused on reducing its Scope 1 and 2 emissions, which are directly associated with its operations and energy consumption. Hyundai's commitment to sustainability includes initiatives aimed at enhancing energy efficiency and transitioning to renewable energy sources. The company is also investing in electric vehicle technology to further reduce its overall carbon footprint. Overall, Hyundai Motor's ongoing efforts demonstrate a strong commitment to addressing climate change and reducing greenhouse gas emissions across its operations and supply chain.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2016 | 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 |
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 committed to some 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.