Hyundai Motor
Hyundai Motor Company, commonly referred to as Hyundai, is a leading global automotive manufacturer headquartered in South Korea (KR). Founded in 1967, the company has established a strong presence in major operational regions, including North America, Europe, and Asia. Hyundai operates within the automotive industry, focusing on the design, production, and sale of vehicles, including sedans, SUVs, and electric models. Renowned for its commitment to innovation, Hyundai has achieved significant milestones, such as the introduction of its eco-friendly Ioniq series. The company is recognised for its advanced technology, safety features, and competitive pricing, which have solidified its market position. With a reputation for quality and reliability, Hyundai continues to be a prominent player in the global automotive landscape, consistently earning accolades for its vehicles and sustainability initiatives.
DitchCarbon Score
How does Hyundai Motor'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 Motor's score of 74 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hyundai Motor's reported carbon emissions
In 2024, Hyundai Motor Company reported total greenhouse gas emissions of approximately 147,253,154,000 kg CO2e, with emissions distributed across various scopes: 679,822,000 kg CO2e (Scope 1), 1,417,987,000 kg CO2e (Scope 2, market-based), and a significant 147,253,154,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming for net-zero emissions by 2045, which includes a 100% reduction in Scope 1 and Scope 2 emissions from their business sites. Hyundai's near-term targets include a 26% reduction in GHG emissions by 2030 compared to 2016 levels for both Scope 1 and Scope 2 emissions. Additionally, they aim to reduce business site emissions by 45% by 2030, which translates to a reduction of approximately 1,217,422 tonnes CO2e from a 2019 baseline. The company is also committed to achieving RE100 status by 2045, indicating a transition to 100% renewable energy for its operations. This commitment is supported by initiatives such as generating renewable electricity on-site and entering into Power Purchase Agreements (PPAs). Hyundai's emissions data is self-reported and does not cascade from any parent organization, ensuring that the figures reflect their direct operational impact. The company is actively working towards its climate goals, demonstrating a strong commitment to sustainability in the automotive sector.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 822,273,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 2,032,654,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 7,209,437,000 | 0,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
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 Motor is participating in some of the initiatives that 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.
