Hyundai Glovis said March 11 it won the industrials-sector “Carbon Management Sector Honors” at the 2025 CDP Korea Awards, held March 10 at the Ambassador Seoul Pullman Hotel by the Korea committee of the Carbon Disclosure Project.
CDP is a U.K.-based nonprofit that evaluates environmental, social and governance performance. Each year it assesses about 20,000 companies in roughly 90 countries on carbon emissions, climate risks and response strategies, selectively disclosing results. The information is published in annual reports and used by financial institutions in investment decisions.
CDP grades companies’ climate-change response across eight levels, including Leadership A, Leadership A- and Management B, and recognizes top performers.
Hyundai Glovis received the top “Leadership A” grade in the 2025 CDP climate-change assessment released late last year. The company has maintained a high grade for nearly 10 years after earning Leadership A- in its first assessment in 2016.
With that result, Hyundai Glovis won the Carbon Management Sector Honors for the eighth time, the most among South Korean logistics companies, it said.
The company said it was recognized for carbon-management efforts including its 2045 carbon-neutral strategy, adoption of low-carbon transport, expansion of renewable energy and building a system to calculate supply-chain emissions.
Hyundai Glovis has declared a goal of reaching carbon neutrality by 2045, five years earlier than the International Maritime Organization’s 2050 target, and said it is carrying out a roadmap to meet that goal.
In land transport, it is preparing to shift its fleet through pilot operations of low-carbon vehicles such as hydrogen trucks. In maritime transport, it began introducing five LNG dual-fuel car carriers in 2024 and plans to expand to more than 30 ships by 2028.
On renewable energy, the company said it signed a virtual power purchase agreement totaling 127 GWh with a power brokerage firm, and is gradually switching electricity use at sites nationwide to renewable energy based on the renewable energy certificates it has secured.
It has also set a mid- to long-term reduction roadmap to convert electricity used at overseas sites in the Americas and Asia to 100% renewable energy by 2030, and at sites in Europe and at its headquarters in South Korea by 2040.
“Based on global top-level leadership in responding to climate change, we will continue to actively pursue environmental management,” a Hyundai Glovis official said.
* This article has been translated by AI.
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