Kia Motors

Kia Motors, headquartered in South Korea (KR) and operating within the fabricated metal products sector (28), is actively addressing its carbon emissions and climate impact. For the reporting year 2024, the company reported a total of approximately 101.6 billion kg CO2e. This significant figure is comprised of Scope 1 emissions totalling approximately 386.3 million kg CO2e, Scope 2 emissions at approximately 792.2 million kg CO2e, and a substantial Scope 3 emissions footprint of approximately 99.4 billion kg CO2e. The largest contributor within Scope 3 is the use of sold products, accounting for approximately 77.8 billion kg CO2e, followed by purchased goods and services at about 18.4 billion kg CO2e.

Looking at previous years, Kia reported approximately 113.1 billion kg CO2e in 2023 and roughly 75.1 billion kg CO2e in 2022. In 2021, Scope 1 and 2 emissions together amounted to approximately 1.14 billion kg CO2e, with Scope 3 data not disclosed for that year. For 2020, Scope 1 and 2 emissions were reported at approximately 1.14 billion kg CO2e.

Kia has established ambitious climate commitments and reduction targets. The company has committed to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 63.0% by 2035, using 2024 as a base year. This commitment aligns with keeping global warming to 1.5°C. Furthermore, Kia aims to reduce absolute well-to-wheel Scope 3 GHG emissions from the use of sold light-duty vehicles and buses by 63.0% within the same timeframe. In line with these goals, Kia also intends to phase out new internal combustion engine vehicles by 2035 in leading markets and globally by 2040.

More immediate targets include a planned 10% reduction in Scope 1 emissions and a 15% reduction in Scope 2 emissions between 2023 and 2025. Looking further ahead, Kia has a long-term vision to achieve net-zero carbon emissions across all stages of its products by 2045.