HD Hyundai Electric Co., Ltd.
HD Hyundai Electric Co., Ltd., headquartered in South Korea (KR), is a leading player in the electrical equipment industry, specialising in power generation, transmission, and distribution solutions. Founded in 1978, the company has achieved significant milestones, including advancements in smart grid technology and renewable energy systems. With a strong presence in Asia, Europe, and North America, HD Hyundai Electric offers a diverse range of core products, including transformers, switchgear, and control systems. Their commitment to innovation and sustainability sets them apart in a competitive market, positioning them as a trusted partner for energy solutions. Notably, the company has received accolades for its contributions to the development of eco-friendly technologies, reinforcing its status as a pioneer in the electrical sector.
DitchCarbon Score
How does HD Hyundai Electric Co., Ltd.'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 Electricity from Other Sources 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
HD Hyundai Electric Co., Ltd.'s score of 21 is lower than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HD Hyundai Electric Co., Ltd.'s reported carbon emissions
In 2022, HD Hyundai Electric Co., Ltd. reported total carbon emissions of approximately 33,167,000 kg CO2e. This figure includes about 6,915,000 kg CO2e from Scope 1 emissions and about 26,252,000 kg CO2e from Scope 2 emissions. The company has shown a slight increase in emissions compared to 2021, when total emissions were about 30,550,000 kg CO2e, with Scope 1 at approximately 6,205,000 kg CO2e and Scope 2 at around 24,345,000 kg CO2e. The emissions data for 2020 indicates a total of about 32,882,000 kg CO2e, with Scope 1 emissions at approximately 6,020,000 kg CO2e and Scope 2 at about 26,862,000 kg CO2e. Notably, the company has not disclosed any Scope 3 emissions data, which limits the understanding of its full carbon footprint. Despite the absence of specific reduction targets or commitments, HD Hyundai Electric Co., Ltd. is actively engaged in monitoring and reporting its emissions. The data is sourced directly from the company, with no cascading from a parent or related organization. The company continues to focus on transparency in its emissions reporting, as evidenced by its integrated reports and sustainability disclosures.
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| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 7,226,000 | 0,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 30,165,000 | 00,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 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.
HD Hyundai Electric Co., Ltd. is not participating in any 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.
