Hyundai Motor

Hyundai Motor, headquartered in KR, reported its latest carbon emissions for 2025 with approximately 720,642,000 kg CO2e for Scope 1 emissions and 1,858,897,000 kg CO2e for Scope 2 emissions (location-based). For 2024, their Scope 1 emissions were around 729,974,000 kg CO2e and Scope 2 emissions (location-based) were approximately 1,786,324,000 kg CO2e. In 2023, Hyundai Motor's Scope 1 emissions were 696,590,000 kg CO2e, Scope 2 emissions (market-based) were 1,579,161,000 kg CO2e, and Scope 3 emissions totalled approximately 148,126,153,000 kg CO2e. Key categories within Scope 3 included use of sold products (114,132,523,000 kg CO2e) and purchased goods and services (23,518,427,000 kg CO2e).

Hyundai Motor has set several climate commitments and reduction targets. They aim to achieve carbon neutrality at their business sites by 2045 and have committed to Net Zero and RE100 targets by the same year for Scope 1 and 2 emissions. This includes a 100% reduction in Scope 1 and 2 emissions by 2045 from a 2023 base year (2,275,751,000 kg CO2e). Additionally, they target a 60% reduction in Scope 1 and 2 emissions by 2035 from the 2023 base year.

Near-term, Hyundai Motor commits to reducing absolute Scope 1 and 2 GHG emissions by 42.0% by 2030 from a 2024 base year, as validated by the Science Based Targets initiative (SBTi). They also aim to reduce Scope 3 well-to-wheel emissions from the use of sold Light duty vehicles, Buses, Mini-buses, Medium freight trucks, and Heavy freight trucks by 63.0% by 2035 from a 2024 base year, also validated by SBTi. Other commitments include reducing GHG emissions by 26% compared to 2016 levels by 2030 for Scope 1 and 2, and a 45% reduction in business site emissions (Scope 1 and 2) by 2030, compared to 2019 levels. They also aim to reduce overall emissions by approximately 42% by 2030 from 2024 levels, largely through a transition to renewable energy.