Hyundai Rotem Company Sustainability Profile
Hyundai Rotem Company, a prominent player in the transportation and defence sectors, is headquartered in South Korea (KR). Established in 1977, the company has evolved into a leader in manufacturing rolling stock, defence systems, and plant engineering, with significant operations across Asia, Europe, and North America. Renowned for its innovative approach, Hyundai Rotem offers a diverse range of products, including high-speed trains, metro systems, and military vehicles, distinguished by their advanced technology and reliability. The company has achieved notable milestones, such as the successful deployment of its trains in various international markets, solidifying its position as a key competitor in the global railway industry. With a commitment to sustainability and cutting-edge design, Hyundai Rotem continues to shape the future of transportation and defence solutions.
DitchCarbon Score
How does Hyundai Rotem Company'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 Rail Transport 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 Rotem Company's score of 25 is lower than 50% 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 Rotem Company's reported carbon emissions
In 2023, Hyundai Rotem Company reported total carbon emissions of approximately 25,772,000 kg CO2e. This figure includes Scope 1 emissions of about 7,024,000 kg CO2e, Scope 2 emissions of approximately 18,748,000 kg CO2e, and a significant Scope 3 total of about 8,887,721,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from the use of sold products (approximately 8,754,044,000 kg CO2e) and employee commuting (about 3,027,000 kg CO2e). In 2022, the company’s total emissions were slightly higher at approximately 25,931,000 kg CO2e, with Scope 1 emissions at about 8,128,000 kg CO2e and Scope 2 emissions at around 17,803,000 kg CO2e. The Scope 3 emissions for that year were approximately 8,269,899,000 kg CO2e. Hyundai Rotem has not disclosed specific reduction targets or initiatives, nor does it appear to have cascaded data from a parent organization. The company is actively engaged in climate reporting, as evidenced by its participation in the CDP initiative. However, it currently lacks defined science-based targets (SBTi) or documented climate pledges. Overall, Hyundai Rotem's emissions profile highlights the significant impact of its operational and product lifecycle emissions, particularly in Scope 3 categories, underscoring the need for comprehensive climate strategies moving forward.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 8,892,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 17,650,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 21,887,000 | 0,000,000,000 | 0,000,000,000 |
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Hyundai Rotem Company's Scope 3 Categories Breakdown
Hyundai Rotem Company's Scope 3 emissions, which increased by 7% last year and increased significantly since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 98% of Scope 3 emissions.
Top Scope 3 Categories
Hyundai Rotem Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hyundai Rotem Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
