- Increased demands for GHG emissions reduction and eco-friendly certifications from customers and investors
- Transition to clean technologies and increased investment costs
- Potential damage to manufacturing facilities due to extreme weather
- Supply chain risks and demands for improved sustainability management
Hyosung Heavy Industries Corporation
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hyosung Heavy Industries Corporation disclosed greenhouse gas emissions of 47.9K tCO2eq (2023). By scope: Scope 1: 10.0K tCO2eq (2023); Scope 2: 37.8K tCO2eq (2023). 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
47.9K tCO2eq (2023)
2023
Water Usage
6.0M tons (2023)
2023
Waste
14.4K tons (2023)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 10.0K tCO2eq (2023) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 37.8K tCO2eq (2023) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 47.9K tCO2eq (2023) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced GHG emissions by 35.5% compared to 2018 and by 7.6% compared to 2022
- Installed solar power facilities with a total capacity of 182.4kW at Changwon Plants 1, 2, and 4.
- Commercialized hydrogen engine generators for the first time in the world
- Acquired a significant number of orders for ester oil/vegetable oil transformers in 2023
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce power consumption through replacement of obsolete equipment
📅 Medium-term
- Raise the GHG emissions reduction target and establish a roadmap
🔭 Long-term
- Reduce Scope 1 and 2 emissions by 14.5% by 2030 compared to 2018
🌱 ESG Focus Areas
Sustainable Products and Technology DevelopmentResponse to Climate ChangeReinforcement of Workplace Health and SafetySustainable Supply ChainCustomer Obsession