Hyundai Wia Sustainability Profile
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 33 is higher than 54% 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 14.3 billion kg CO2e. This figure includes Scope 1 emissions of about 17 million kg CO2e, Scope 2 emissions of approximately 265.8 million kg CO2e, and Scope 3 emissions amounting to around 14.0 billion kg CO2e. The total emissions for 2022 were approximately 4.7 billion kg CO2e, indicating a significant increase in emissions year-on-year. Hyundai Wia has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded data from any parent organization, and their emissions data is independently reported. The absence of defined reduction targets suggests that Hyundai Wia may be in the early stages of developing a comprehensive climate strategy. As the industry increasingly focuses on sustainability, Hyundai Wia's future commitments will be crucial in aligning with global climate goals.
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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 | 00,000,000 | 00,000,000 |
| 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 | 0,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Hyundai Wia's Industry?
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Hyundai Wia'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 Wia has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
