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 679,822,000 kg CO2e for Scope 1, 1,417,987,000 kg CO2e for Scope 2 (market-based), and a staggering 147,253,154,000 kg CO2e for Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 696,590,000 kg CO2e in 2023, while Scope 2 emissions (market-based) also decreased from 1,579,161,000 kg CO2e in the previous year. Hyundai has set ambitious climate commitments, aiming for net-zero emissions across its operations by 2045. This includes a target to reduce Scope 1 and 2 emissions by approximately 60% by 2035 and achieve a complete reduction (100%) by 2045, using 2023 as the baseline year, which recorded 2,275,751,000 kg CO2e for these scopes. Additionally, the company aims to reduce GHG emissions by 26% compared to 2016 levels by 2030. Hyundai's climate strategy includes transitioning to renewable energy sources, enhancing energy efficiency in production, and promoting zero-emission vehicle sales. The company is also committed to the RE100 initiative, which aims for 100% renewable electricity by 2045. Overall, Hyundai's emissions data and climate commitments reflect a proactive approach to addressing climate change, with significant targets set for the coming decades.
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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.
