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 42 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hyundai Wia's reported carbon emissions
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 indirect emissions from the supply chain and product use. In previous years, Hyundai Wia's emissions were as follows: in 2022, total emissions were about 155,623,000 kg CO2e, with Scope 1 at 9,760,000 kg CO2e, Scope 2 at 145,870,000 kg CO2e, and Scope 3 at 439,799,000 kg CO2e. The 2021 figures showed total emissions of approximately 181,938,000 kg CO2e, with Scope 1 at 15,629,000 kg CO2e, Scope 2 at 166,317,000 kg CO2e, and Scope 3 at 365,689,000 kg CO2e. Hyundai Wia has not 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, indicating a commitment to transparency in its climate impact. The data suggests a focus on reducing emissions, particularly in Scope 3, which is critical for comprehensive climate action in the manufacturing sector.
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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 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.
