Hyundai Motor Co., Ltd.
Automobiles & Auto Parts
Company Summary
Hyundai Motor Company is a major global automaker committed to sustainability and green innovation, particularly through the development of electric vehicles (EVs) and alternative fuel technologies. The company’s ESG rating reflects its progress in reducing carbon emissions, integrating renewable energy into its operations, and promoting recycled materials in manufacturing. However, Hyundai faces challenges related to the environmental impact of its traditional vehicle models and supply chain transparency. Concerns about labor practices and the extraction of raw materials for EV batteries continue to impact its ESG score. Hyundai’s continued shift towards sustainable mobility is an ongoing focus, as it strives to meet future environmental goals. For more information, refer to the Hyundai ESG report.
ESG Rating Overview
Sustainalytics
Overall ESG Rating :
LSEG
Overall ESG Rating :
MSCI
Overall ESG Rating :
Hyundai is a laggard among 42 companies in the automobiles industry.
Temperature Rise :
News from Hyundai Motor Co., Ltd.
FAQ
What is Hyundai's ESG rating?
Hyundai holds an ESG score of 67/100 (MSCI), with strong efforts in environmental sustainability, though it faces challenges in governance and labor practices.
How does Hyundai promote environmental sustainability?
Hyundai aims for carbon neutrality by 2045 and is investing in electric vehicles (EVs) and hydrogen fuel cell technologies. The company has committed to reducing its carbon emissions by 75% by 2040 and focuses on sustainable production processes and energy efficiency.
What social initiatives is Hyundai involved in?
Hyundai promotes STEM education, safety, and sustainable mobility through partnerships and community engagement. The company also focuses on employee well-being, diversity, and inclusion within its workforce.