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.
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 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.
Hyundai Motor's score of 47 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hyundai Motor reported total carbon emissions of approximately 2,275,751,000 kg CO2e. This figure includes 696,590,000 kg CO2e from Scope 1 emissions, 1,579,161,000 kg CO2e from Scope 2 emissions, and 141,956,876,000 kg CO2e from Scope 3 emissions. Over the years, Hyundai has demonstrated a commitment to reducing its carbon footprint, with a notable decrease in total emissions from about 10,064,364,000 kg CO2e in 2016 to the latest figure in 2023. Hyundai has set ambitious long-term goals, aiming for carbon neutrality by 2045. This commitment encompasses all scopes of emissions and focuses on promoting carbon reduction and zero-emission vehicle sales. The company has been actively working towards these targets since 2019, reinforcing its dedication to sustainability and climate action. Hyundai's emissions data reflects a comprehensive approach to managing its environmental impact, with a clear focus on reducing greenhouse gas emissions across its operations and supply chain.
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 |
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.