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Hyosung Corporation, a prominent player in the Other Business Services sector, is headquartered in South Korea (KR) and operates extensively across Asia, Europe, and the Americas. Founded in 1966, Hyosung has established itself as a leader in various industries, including textiles, chemicals, and industrial machinery, with a strong emphasis on innovation and sustainability.
The company is renowned for its advanced products and services, particularly in the fields of ATM manufacturing and textile solutions, which are distinguished by their quality and technological sophistication. Hyosung's commitment to research and development has led to significant milestones, positioning it as a key competitor in the global market. With a focus on enhancing customer value and operational efficiency, Hyosung continues to drive growth and maintain its reputation as a trusted name in business services.
-3 vs industry average
Hyosung’s score of 33 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Hyosung, headquartered in KR, reported its 2023 Scope 1 and 2 emissions at approximately 29,807,000 kg CO2e. This comprised about 8,670,000 kg CO2e from Scope 1 emissions (including approximately 401,000 kg CO2e from mobile combustion and 8,256,000 kg CO2e from stationary combustion) and roughly 21,136,000 kg CO2e from Scope 2 emissions (with about 346,000 kg CO2e from purchased steam and 20,790,000 kg CO2e from purchased electricity).
In 2022, their Scope 1 and 2 emissions were approximately 31,853,000 kg CO2e. This included about 9,529,000 kg CO2e from Scope 1 emissions and roughly 22,324,000 kg CO2e from Scope 2 emissions.
For 2021, Hyosung's Scope 1 and 2 emissions totalled around 33,367,000 kg CO2e, consisting of approximately 9,766,000 kg CO2e from Scope 1 and 23,601,000 kg CO2e from Scope 2.
The company's Scope 1 and 2 emissions were approximately 32,061,000 kg CO2e in 2020 and about 33,513,420 kg CO2e in 2019. In 2018, these emissions were around 35,071,293 kg CO2e. For 2017, the Scope 1 and 2 emissions were significantly higher, at approximately 1,569,181,000 kg CO2e, with about 440,926,000 kg CO2e from Scope 1 and 1,128,255,000 kg CO2e from Scope 2.
Hyosung Advanced Materials Corporation, a related entity based in South Korea, has committed to near-term Science Based Targets initiative (SBTi) as of January 2023. Hyosung (the reporting organization) has not disclosed Scope 3 emissions data.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Common questions about Hyosung’s sustainability data and climate commitments
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