Hyundai Motor

Hyundai Motor, headquartered in KR within the Motor Vehicles, Trailers and Semi-Trailers (34) industry, reported its most recent Scope 1 emissions for 2025 as 720,642,000 kg CO2e. For the same year, Scope 2 emissions (market-based) were 1,190,442,000 kg CO2e, and Scope 3 emissions totalled 199,704,253,000 kg CO2e.

Looking back to 2024, the company's Scope 1 emissions were approximately 729,974,000 kg CO2e, with Scope 2 (market-based) at 1,468,432,000 kg CO2e, and Scope 3 at 203,863,854,000 kg CO2e. In 2023, Hyundai Motor recorded Scope 1 emissions of around 696,590,000 kg CO2e, Scope 2 (market-based) of approximately 1,579,161,000 kg CO2e, and Scope 3 emissions of about 148,126,153,000 kg CO2e.

Hyundai Motor has set ambitious climate commitments, with Science Based Targets initiative (SBTi) approved near-term targets. The company commits to reduce absolute Scope 1 and 2 GHG emissions by 42.0% by 2030 from a 2024 base year. Additionally, Hyundai Motor aims to reduce absolute well-to-wheel Scope 3 GHG 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. These targets are consistent with reductions required to keep warming to 1.5°C. The company also commits to work towards the phase-out of new internal combustion engine vehicles by 2035 in leading markets and by 2040 globally.

Furthermore, Hyundai Motor has set long-term net-zero targets for its business sites. The company aims to achieve net-zero for Scope 1 and Scope 2 emissions by 2045, targeting a 100% reduction from a 2023 base year. This includes an interim goal of reducing Scope 1 and 2 emissions by approximately 60% by 2035, compared to the 2023 base year (2,275,751,000 kg CO2e). The company plans to achieve these reductions through switching to renewable energy (RE100 targets by 2045), improving energy efficiency in production processes, and utilising hydrogen energy. For all scopes, Hyundai aims for carbon neutrality by 2045.