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Hyundai Motor Group

Hyundai Motor Group is a publicly listed company headquartered in Seoul, South Korea. In 2020, it had USD 88 billion group revenue and produced 3,532 thousand light duty vehicles. The company has not set targets for in-use emissions reductions and low-carbon vehicle sales remain low.

Ranking position
#17/30
Total score
27.6/100
Performance score
6.6/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-30)

Targets

#1 1.0 /3 #12

Material Investment

#1 0.0 /0.4 #16

Intangible Investment

#1 0.0 /2.4 #7

Sold product performance

#1 3.3 /7 #12

Management

#1 1.2 /2.2 #12

Supplier Engagement

#1 0.3 /1.2 #11

Client Engagement

#1 0.3 /0.8 #11

Policy Engagement

#1 0.2 /1.2 #18

Business Model

#1 0.3 /1.8 #15
#1
Indicates the score for the top performing company.

Leading practices

No leading practices were identified for this company.

Risks and opportunities

Trend

Hyundai receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. Hyundai is projected to exceed its 1.5°C scopes 3 carbon budget for 2020-2025 by 19%. The company targets are not ambitious enough to align with its 1.5°C pathway. Hyundai’s continued reliance on internal combustion engine fuel economy improvements will not reduce its in-use emissions quickly enough for its 1.5°C pathway. A clear plan to increase sales of low-carbon vehicles to 64.5% by 2030 is needed.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2019
  2. 2020

More about the company

Headquarters
Seoul, Republic of Korea
Revenue (2020)
USD 88.1 billion
Ownership
Publicly listed
Number of vehicles sold (2020)
3,410,378
Website
https://www.hyundai.com/worldwide/en

This company is part of the SDG2000, the 2.000 most influential companies

See company profile