Hyundai Wia
Hyundai Wia Corporation, a prominent player in the manufacturing industry, is headquartered in South Korea (KR) and operates extensively across Asia, Europe, and the Americas. Founded in 1976, the company has established itself as a leader in the production of machine tools, automotive components, and industrial machinery. Hyundai Wia is renowned for its innovative CNC (Computer Numerical Control) machines and precision-engineered parts, which are distinguished by their advanced technology and reliability. The company has achieved significant milestones, including the development of eco-friendly manufacturing processes and a strong commitment to research and development. With a solid market position, Hyundai Wia continues to expand its global footprint, earning accolades for its quality and efficiency in the competitive landscape of the manufacturing sector.
DitchCarbon Score
How does Hyundai Wia'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 Motor Vehicle Manufacturing 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 Wia's score of 41 is higher than 89% 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 Wia's reported carbon emissions
In 2023, Hyundai Wia reported total carbon emissions of approximately 282,817,000 kg CO2e. This figure includes 7,659,000 kg CO2e from Scope 1 emissions, 130,823,000 kg CO2e from Scope 2, and a significant 1,401,297,000 kg CO2e from Scope 3 emissions. The company's emissions data indicates a comprehensive approach to tracking and managing its carbon footprint across all scopes. In 2022, the total emissions were about 308,671,000 kg CO2e, with Scope 1 emissions at 9,760,000 kg CO2e, Scope 2 at 145,870,000 kg CO2e, and Scope 3 at 439,799,000 kg CO2e. This shows a notable increase in emissions from 2022 to 2023, particularly in Scope 3, which is often the largest contributor to total emissions for manufacturing companies. Hyundai Wia has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company is actively monitoring its emissions across all scopes, which is a critical step in understanding and addressing its climate impact. The absence of formal reduction targets suggests that Hyundai Wia may still be in the early stages of developing a comprehensive climate strategy. Overall, Hyundai Wia's emissions data reflects the challenges faced by the manufacturing sector in reducing carbon footprints, particularly in Scope 3 emissions, which often encompass the majority of a company's total emissions.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 22,177,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 192,888,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
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 Wia is participating in some of the initiatives that 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.
