Hyundai Elevator Co. Ltd.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2015

In its 2023 reporting, Hyundai Elevator Co. Ltd. disclosed greenhouse gas emissions of 4.9K tCO2e/year. By scope: Scope 1: 1.8K tCO2e/year; Scope 2: 6.2K tCO2e/year; Scope 3: 367.74 tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
4.9K tCO2e/year
2023
⚡
Renewable Energy
84.35%
of total energy
💧
Water Usage
43.4K tons/year
2023
♻️
Waste
448.80 tons/year
2023
⚙️
Energy Use
161.7K GJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.6.2K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).367.74 tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20234.9K tCO2e/year
202210.0K tCO2e/year
20156.5K tCO2e/year

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce GHG emissions to 4,830 tCO2-eq by 2024
  • Reduce energy usage to 159.29 TJ by 2024
  • Achieve 100% assessment for significant suppliers in Tier-1 by 2024

📅 Medium-term

  • Reduce GHG emissions by 60% by 2030 (from 2022 levels)
  • Reduce water usage by 5% by 2030
  • Reduce air pollutant emissions by 10% by 2030
  • Increase hiring rate of people with disabilities to 3.1% by 2030

🔭 Long-term

  • Achieve carbon neutrality by 2050
  • Achieve Net Zero deforestation by 2050

🌱 ESG Focus Areas

Climate ChangeEnergy ControlSustainable Supply Chain ManagementEmpowerment of SuppliersEthics ManagementComplianceSafety & Health ManagementHuman Rights ManagementGreen TechnologiesEco-Friendly Products

⚠️ Challenges & Risks +

  • Domestic real estate recession
  • Slowdown in global economic recovery
  • Increased frequency and intensity of heat waves
  • Instability in the supply of imported materials
  • Financial difficulties for clients impacting receivables management
  • Increased losses due to interest rate hikes

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards 2021, SASB, TCFD, UNGC
Assurance: BSI