Hyundai Welding
Hyundai Welding, a prominent player in the welding industry, is headquartered in South Korea (KR) and operates extensively across Asia and beyond. Founded in the early 1970s, the company has established itself as a leader in the manufacturing of advanced welding equipment and consumables, catering to various sectors including shipbuilding, construction, and automotive industries. With a commitment to innovation, Hyundai Welding offers a diverse range of products, including arc welding machines, submerged arc welding systems, and welding consumables. Their unique focus on quality and technology has earned them a strong market position, recognised for their reliability and efficiency. Over the years, Hyundai Welding has achieved significant milestones, solidifying its reputation as a trusted partner in the global welding market.
DitchCarbon Score
How does Hyundai Welding'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 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 Welding's score of 16 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hyundai Welding's reported carbon emissions
In 2022, Hyundai Welding reported total carbon emissions of approximately 32,579,000 kg CO2e, comprising 32,579,000 kg CO2e from Scope 1, 4,988,000 kg CO2e from Scope 2, and 13,524,000 kg CO2e from Scope 3 emissions. This marked a reduction from 2021, where total emissions were about 34,677,000 kg CO2e, indicating a positive trend in their climate impact. Hyundai Welding has demonstrated a commitment to reducing its carbon footprint, with notable decreases in emissions across all scopes from 2019 to 2022. Specifically, Scope 1 emissions decreased from approximately 33,847,000 kg CO2e in 2019 to 32,579,000 kg CO2e in 2022, while Scope 2 emissions fell from about 5,524,000 kg CO2e to 4,988,000 kg CO2e in the same period. Scope 3 emissions also saw a reduction from approximately 17,010,000 kg CO2e in 2019 to 13,524,000 kg CO2e in 2022. Despite the absence of specific reduction targets or climate pledges, Hyundai Welding's ongoing efforts to lower emissions reflect a proactive approach to climate responsibility. The company is positioned within an industry increasingly focused on sustainability, aligning with global trends towards reducing greenhouse gas emissions.
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Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 33,847,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 5,524,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 17,010,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 Welding is not committed to any reduction initiatives 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.
