- Global economic downturn and supply chain risks due to rapid interest rate hikes and declining growth rates
- Growing demand for the expedited development of eco-friendly ship technologies
- High demand for GHG reduction measures within the shipping and shipbuilding industry
- Legal risks arising from strengthened laws such as the Fair Trade Act and the Supply Chain Due Diligence Act
- Occurrence of negative issues in the supply chain during the shipbuilding processes, such as rising prices of raw materials for steel
- Process delay due to safety accidents
- Executive management vacancy owing to Serious Accident Punishment Act
- Expanding the scope of management responsibility due to strengthened laws and regulations
- Strengthened Legal Regulations Due to Increased Awareness of Human Rights Violations
- Growing Demands for Human Rights Assessments by International Organizations within Business Operations
HD Hyundai Heavy Industries
Greenhouse gas emissions & sustainability report data
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.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2017 | 852.5K tCO2e |
| 2016 | 897.2K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Order of the World’s First Methanol Fueled Large-ship
- LNG·Hydrogen Hybrid Engine Development
- Demonstration of carbon dioxide and methane slip reduction
- Manufactured the world’s first methanol dual-fuel 4-stroke HiMSEN engines (H32DF-LM)
- Obtained design approval for the Hi-Rotor
🎯 Climate & Sustainability Targets
🔜 Short-term
- Proceed with the implementation roadmap of renewable energy
- Adopt a Life Cycle Assessment (LCA)-centered management system
- Reinforce management of greenhouse gas emission trading system
- Standardize shipbuilding industry Scope 3 calculation
- Secure field-oriented risk assessment operability
📅 Medium-term
- Develop ultra-large ammonia carrier, FSRU, and bunkering vessel
- Develop ammonia fuel supply/cargo handling system
- Advance ammonia fuel supply/cargo handling system
- Commercialize small liquefied hydrogen carrier
- Develop a large liquefied hydrogen storage tank
🔭 Long-term
- Develop and demonstrate an independent model of CO2 capture/processing/storage system for ships
- Develop and demonstrate methane slip reduction device
- Demonstrate and commercialize independent wind assisted propulsion system model
- Commercialization of fully autonomous operation
- Commercialization of virtual commissioning solution
🌱 ESG Focus Areas
Eco-friendly TechnologyDigital TransformationHealth & SafetySupply Chain ESG ManagementLabor-management RelationsHuman Rights ManagementCorporate Governance