HDC Hyundai Development Company

Greenhouse gas emissions & sustainability report data

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

In its 2023 reporting, HDC Hyundai Development Company disclosed greenhouse gas emissions of 33.6K tCO2e/year. By scope: Scope 1: 5.6K tCO2e/year; Scope 2: 28.0K tCO2e/year; Scope 3: 95.1K 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
33.6K tCO2e/year
2023
⚡
Renewable Energy
1.3% of total energy use
of total energy
💧
Water Usage
377.0K tons/year
2023
♻️
Waste
918.8K tons/year
2023
⚙️
Energy Use
696 TJ/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).5.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.28.0K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).95.1K 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
202333.6K tCO2e/year
202223.0K 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 high-risk accident rate to below 5%

📅 Medium-term

  • 33% reduction in greenhouse gas emissions compared to BAU by 2030
  • Level-4 ZEB Certification (Energy independence rate 40%) by 2030

🌱 ESG Focus Areas

Climate Change ResponseEnvironmental ManagementSafety and Health ManagementSustainable Supply ChainTalent ManagementHuman Rights ManagementSocial ContributionsInformation SecurityTransparent GovernanceEthics and Compliance ManagementIntegrated Risk Management

⚠️ Challenges & Risks +

  • Climate change risks (physical and transition risks)
  • Community impact (environmental pollution, building damage)
  • Compliance risks (related laws and regulations, ethics-related regulations)
  • Information security risks (customer data, confidential information)
  • Liquidity risks (market conditions, credit)
  • Contingent liabilities (credit)
  • Shortage of skilled workers

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards, SASB Standards for Engineering & Construction Services, TCFD recommendations
Assurance: Korea Management Registrar (KMR)