Climate Change Data

HD Hyundai Infracore Co., Ltd.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:104,268 tCO2e/year
Scope 1 Emissions:26,552 tCO2e/year
Scope 2 Emissions:77,718 tCO2e/year
Scope 3 Emissions:977,905 tCO2e/year
Renewable Energy Share:0%
Total Energy Consumption:2,039 TJ/year
Water Consumption:533,742 tons/year
Waste Generated:31,446 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced GHG emissions in production process to 104,268 tCO2eq
  • Achieved 97.06% resource recycling rate
  • Reduced THC air emissions by 4.13 tons compared to the 2022 baseline
  • Reduced water use by 155,532 tons compared to the baseline in 2022
  • Incheon Plant earned the Gold ZWTL Validation (95~99%)

Social Achievements

  • Launched Smart Maintenance service, increasing managed hours by 33.6% compared to 2022
  • Reduced employee turnover to 3.62%
  • Provided 41.9 average training hours per employee
  • Received family-friendly company certification
  • Gunsan Plant re-certified as an Excellent Worksite in Employee Health Promotion

Governance Achievements

  • Established ESG Committee under the BOD
  • Established the Code of Conduct for Suppliers
  • Maintained and strengthened compliance activities
  • Improved the evaluation and reward system by integrating the evaluation, promotion, and reward system processes for employees of the three construction equipment companies

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by 2050
Medium-term Goals:
  • Achieve worksite carbon neutrality by 2050
  • Achieve 81% renewable energy utilization by 2030
Short-term Goals:
  • Reduce water consumption by 2,033,000 tons by 2030
  • Reduce GHG emissions by 50% by 2030 compared to 2020

Environmental Challenges

  • Supply chain disruptions
  • Climate change related risks (transition risks and physical risks)
  • Shortage of skilled manpower
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Established a detailed plan to achieve worksite carbon neutrality by 2050
  • Developed eco-friendly products (electric excavator, hybrid powertrain, etc.)
  • Expanded operation of XiteCore and XiteSafety solutions
  • Strengthened dealer service evaluation and training systems

Supply Chain Management

Supplier Audits: 45/year

Responsible Procurement
  • Code of Conduct for Suppliers
  • Green Purchasing Policy
  • Shared Growth Program
  • MES establishment support

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Typhoons
  • Extreme heat
Transition Risks
  • Changes in consumer demand
  • Changes in regulations
  • Technology commercialization uncertainty
Opportunities
  • Increased sales of green products
  • Reduced emissions purchase costs
  • Reduced energy cost
  • Expansion of low-carbon product market

Reporting Standards

Frameworks Used: GRI Standards 2021, TCFD, SASB

Certifications: ISO 14001, ISO 45001

Third-party Assurance: RSM Shinhan Accounting Corporation

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Electric excavators
  • Hybrid powertrains
  • Hydrogen engines
  • e-Powerpack
  • XiteCloud
  • XiteCore
  • XiteSafety

Awards & Recognition

  • Innovation Award in construction BIM category (XiteCloud)
  • Innovation Award as construction site safety management platform (XiteSafety)
  • GRAND PRIX in the Construction Area of the Digital Media & Service Category (Virtual Showroom)