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 90% 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 1,401,297,000 kg CO2e, with emissions distributed across various scopes: 7,659,000 kg CO2e (Scope 1), 130,823,000 kg CO2e (Scope 2), and 1,401,297,000 kg CO2e (Scope 3). This reflects a significant reliance on Scope 3 emissions, which typically encompass the entire value chain, including upstream and downstream activities. In previous years, Hyundai Wia's emissions have shown fluctuations. For instance, in 2022, the company emitted about 155,623,000 kg CO2e, with Scope 1 and 2 emissions totalling 155,623,000 kg CO2e and Scope 3 emissions reaching 439,799,000 kg CO2e. The trend indicates a growing awareness and reporting of emissions across all scopes, particularly Scope 3, which is crucial for comprehensive climate accountability. Despite these figures, Hyundai Wia has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect a broader industry context where many companies are still developing their strategies to address climate change comprehensively. Overall, Hyundai Wia's emissions data highlights the importance of transparency in corporate climate commitments, especially as industries face increasing pressure to reduce their carbon footprints and contribute to global climate goals.
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 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.