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.
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.
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.
Hyundai Wia's score of 44 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hyundai Wia reported total carbon emissions of approximately 1,400,297,000 kg CO2e, with emissions distributed across various scopes: 7,659,000 kg CO2e (Scope 1), 130,823,000 kg CO2e (Scope 2), and 1,400,129,700 kg CO2e (Scope 3). This represents a significant increase in emissions compared to 2022, where total emissions were about 155,623,000 kg CO2e, comprising 9,760,000 kg CO2e (Scope 1), 145,870,000 kg CO2e (Scope 2), and 439,799,000 kg CO2e (Scope 3). Hyundai Wia has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company is actively engaged in monitoring and reporting its emissions across all three scopes, indicating a commitment to transparency in its environmental impact. The absence of defined reduction targets suggests that while the company is aware of its emissions, it may still be in the early stages of developing a comprehensive strategy for carbon reduction.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.