Hyundai Transys, a prominent player in the automotive components industry, is headquartered in South Korea (KR). Established in 2019, the company has quickly positioned itself as a leader in the production of advanced automotive transmission systems and electric vehicle components. With major operational regions across Asia, Europe, and North America, Hyundai Transys is dedicated to innovation and sustainability in its manufacturing processes. The company’s core offerings include automatic transmissions, dual-clutch transmissions, and electric drive systems, all designed to enhance vehicle performance and efficiency. Hyundai Transys stands out for its commitment to cutting-edge technology and eco-friendly solutions, contributing to the evolving landscape of the automotive sector. As a subsidiary of the Hyundai Motor Group, it has achieved significant milestones, reinforcing its reputation as a key supplier in the global automotive market.
How does Hyundai Transys'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.
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.
Hyundai Transys's score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Hyundai Transys reported total carbon emissions of approximately 194,920,000 kg CO2e. This figure includes Scope 1 emissions of about 20,581,461 kg CO2e and Scope 2 emissions of approximately 174,341,346 kg CO2e. Notably, the company disclosed Scope 3 emissions, which totalled around 17,000,000 kg CO2e, encompassing categories such as employee commute and use of sold products. Comparatively, in 2022, Hyundai Transys recorded total emissions of about 194,091,000 kg CO2e, with Scope 1 at approximately 21,817,000 kg CO2e and Scope 2 at around 172,274,000 kg CO2e. The data indicates a slight increase in total emissions from 2022 to 2023. Hyundai Transys has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi) for emissions reduction. The absence of documented reduction targets suggests a need for further commitment to climate action within the automotive supply chain. Overall, while Hyundai Transys has made strides in emissions reporting, the lack of defined reduction strategies highlights an opportunity for enhanced climate commitments in the future.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 24,945,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 162,562,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - | 0,000,000,000 |
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 Transys 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.