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 58 is higher than 96% 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 Motor's reported carbon emissions
In 2023, Hyundai Motor Company 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 a significant Scope 3 total of around 141,956,876,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero emissions across all scopes by 2045, with specific targets to reduce Scope 1 and Scope 2 emissions by 45% from 2019 levels by 2030. Hyundai's emissions have shown fluctuations over recent years, with total emissions recorded at approximately 2,404,069,000 kg CO2e in 2022 and 2,384,071,000 kg CO2e in 2021. The company is actively working towards reducing its business site emissions, which are currently at about 2,705,383,000 kg CO2e, with a target to achieve a 100% reduction by 2045. In addition to its long-term goals, Hyundai has set a near-term target to reduce greenhouse gas emissions by 55% by 2030 compared to 2021 levels. The company is committed to enhancing energy efficiency and transitioning to renewable energy sources as part of its strategy to achieve these targets.
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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 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.
