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 33 is higher than 69% 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 1,540,000 kg CO2e, comprising 7,659,000 kg CO2e from Scope 1, 130,823,000 kg CO2e from Scope 2, and 1,401,297,000 kg CO2e from Scope 3 emissions. This reflects a significant reliance on Scope 3 emissions, which account for the majority of their carbon footprint. In 2022, the company recorded total emissions of about 155,623,000 kg CO2e, with Scope 1 emissions at 9,760,000 kg CO2e and Scope 2 emissions at 145,870,000 kg CO2e. The Scope 3 emissions for that year were approximately 439,799,000 kg CO2e, indicating a consistent trend of higher emissions in this category. 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 continues to monitor and report its emissions across all scopes, demonstrating a commitment to transparency in its climate impact. Overall, Hyundai Wia's emissions data highlights the importance of addressing Scope 3 emissions, which are critical for achieving comprehensive climate commitments in the manufacturing sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2017 | 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 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.