HD Hyundai Construction Equipment Co Ltd
HD Hyundai Construction Equipment Co Ltd, headquartered in South Korea (KR), is a prominent player in the construction equipment industry. Founded in 1972, the company has established itself as a leader in manufacturing a diverse range of heavy machinery, including excavators, wheel loaders, and forklifts. With a strong presence in major operational regions across Asia, Europe, and North America, HD Hyundai Construction Equipment is renowned for its innovative technology and commitment to sustainability. The company’s core products are distinguished by their advanced features, reliability, and efficiency, catering to the evolving needs of the construction sector. Notable achievements include significant advancements in hydraulic technology and a robust global distribution network, positioning HD Hyundai Construction Equipment as a trusted name in the industry.
DitchCarbon Score
How does HD Hyundai Construction Equipment 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 Business Services 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 Construction Equipment Co Ltd's score of 42 is higher than 68% 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 Construction Equipment Co Ltd's reported carbon emissions
In 2023, HD Hyundai Construction Equipment Co Ltd reported total carbon emissions of approximately 9,036,000 kg CO2e for Scope 1, 10,349,000 kg CO2e for Scope 2, and a significant 8,107,119,670 kg CO2e for Scope 3 emissions. This indicates a substantial reliance on indirect emissions, particularly from the use of sold products, which accounted for about 7,976,187,710 kg CO2e. Comparatively, in 2022, the company recorded Scope 1 emissions of approximately 9,547,000 kg CO2e, Scope 2 emissions of about 6,391,000 kg CO2e, and Scope 3 emissions of around 996,400,000 kg CO2e. This data reflects a notable increase in Scope 3 emissions, highlighting the challenges in managing indirect emissions across the supply chain. Despite the high emissions figures, HD Hyundai Construction Equipment Co Ltd has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The company’s climate strategy appears to be in its early stages, with no formal climate pledges reported. The emissions data is sourced directly from HD Hyundai Construction Equipment Co Ltd, with no cascading from a parent or related organization. The company continues to navigate the complexities of carbon management within the construction equipment sector, where emissions reduction remains a critical focus for sustainability.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 8,371,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 13,416,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
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 Construction Equipment 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.
