- Supply chain disruptions due to geopolitical unrest and climate change.
- Tightening automotive fuel efficiency regulations and CO2 emissions standards.
- Meeting customer demands for lifecycle assessment and low-carbon products.
- Managing risks associated with enhanced chemical regulations.
- Managing risks associated with climate change (physical and transition risks).
Hyundai Mobis Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hyundai Mobis Co., Ltd. disclosed greenhouse gas emissions of 384.7K tCO2e (market-based). By scope: Scope 1: 52.7K tCO2e; Scope 2: 332.0K tCO2e; Scope 3: 25.2M tCO2e. 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
384.7K tCO2e (market-based)
2023
Renewable Energy
9.3%
of total energy
Water Usage
1.8M tons
2023
Waste
72.9K tons
2023
Energy Use
8.6K TJ
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). | 52.7K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 332.0K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 25.2M tCO2e |
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 | 384.7K tCO2e (market-based) |
| 2019 | 377.6K tCO2eq |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Installed 2.5MWp-capacity PV power generators at four key manufacturing sites in Korea, reducing 1,519tCO₂eq in GHG emissions per year.
- Achieved a 25% rate of progress towards performing LCAs on all products by 2025.
- Achieved Zero Waste to Landfill (ZWTL) designation at Changwon and Jincheon plants.
- Reached 84.5% recycling rate based on domestic operations in 2023.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption
- Reach 35% renewable energy by 2025
- Achieve 80% recycling rate by 2025
- Reach USD 9.34 billion in core parts orders in 2024
📅 Medium-term
- Achieve 65% renewable energy by 2030
- Achieve 90% recycling rate by 2030
- Reach Lv.7 in MSRS assessment by 2025
🔭 Long-term
- Achieve net-zero emissions by 2045
- Achieve RE100 by 2040
- Achieve zero waste to landfill for all manufacturing sites by 2030
🌱 ESG Focus Areas
Climate Change ResponseSupply Chain SustainabilityCorporate CultureTalent Recruitment and RetentionProduct Safety and QualityR&D Enhancement/Technology InnovationCommunity EngagementHuman Rights