- Supply chain disruptions due to climate events
- Rapid inflation, rising interest rates, and economic downturn
- Climate change risks (physical and transition risks)
- Changes in customer needs due to digitalization and aging population
- Asset bubbles and debt risks
Hyundai Marine & Fire Insurance Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Hyundai Marine & Fire Insurance Co., Ltd. disclosed greenhouse gas emissions of 23.7K tCO2e/year (Scope 1+2). By scope: Scope 1: 2.7K tCO2e/year; Scope 2: 21.0K tCO2e/year; Scope 3: 95.9 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
23.7K tCO2e/year (Scope 1+2)
2022
Water Usage
191.5K m3/year
2022
Waste
1.9K tons/year
2022
Energy Use
44.1K MWh/year
2022
📊 Emissions by Scope (2022)
| 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). | 2.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 21.0K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 95.9 tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved a 3% reduction in water usage and waste emissions compared to the previous year.
- Renewed ISO 14001 certification.
- Launched the 'Hi Eco School' environmental education program for elementary school students (100% participation rate).
- Increased eco-friendly product sales by approximately 80% compared to 2021.
- Calculated Scope 3 emissions (employee business trips).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption and waste emissions by 3% by 2023.
🌱 ESG Focus Areas
EnvironmentalSocialGovernance