Hyundai Motor

Hyundai Motor, headquartered in KR and operating in the motor vehicle industry, reported approximately 170.7 billion kg CO2e in total emissions for 2023. This figure comprises Scope 1 emissions of about 696.6 million kg CO2e, Scope 2 emissions of approximately 1.58 billion kg CO2e (market-based), and a substantial Scope 3 contribution of around 148.1 billion kg CO2e.

For 2024, Hyundai Motor reported Scope 1 emissions of approximately 730.0 million kg CO2e and Scope 2 emissions of about 1.79 billion kg CO2e. In 2025, Scope 1 emissions were reported at approximately 720.6 million kg CO2e, with Scope 2 emissions at roughly 1.86 billion kg CO2e.

Hyundai Motor is committed to achieving carbon neutrality by 2045. This long-term goal includes net-zero targets for Scope 1 and Scope 2 emissions at business sites by 2045. The company also has near-term targets to reduce emissions:

• A commitment to reduce Scope 1 and Scope 2 greenhouse gas emissions by 42% by 2030 from a 2024 base year, as validated by the Science Based Targets initiative (SBTi).
• A target to reduce Scope 3 (Category 11) emissions from the use of sold vehicles by approximately 63% by 2035 from 2024 levels.
• An ambition to achieve RE100 (Renewable Energy 100%) across all overseas business sites by 2027.
• A broader aim to reduce total Scope 1 and 2 emissions by approximately 60% by 2035 and 100% by 2045, compared to a 2023 base year.