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 55 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 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 significant Scope 3 emissions totalling around 141,956,876,000 kg CO2e. The company has set ambitious targets to reduce its emissions, aiming for a 45% reduction in business site emissions (2,705,383 tonnes CO2e) by 2030, relative to 2019 levels. Hyundai is committed to achieving carbon neutrality across all scopes by 2045. This long-term goal includes transitioning to renewable energy, enhancing energy efficiency in production processes, and promoting zero-emission vehicle sales. The company is actively working on initiatives to improve its sustainability practices, including the introduction of high-efficiency motors and inverters, as well as utilising hydrogen energy. Overall, Hyundai's climate commitments reflect a strong dedication to reducing its carbon footprint and contributing to global climate goals.
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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.
