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Green technology

Hyundai Mobis Secures SBTi Approval for 2030 Greenhouse Gas Reduction Targets

Strategic Insights

— 1 min read

Hyundai Mobis, a leading mobility solutions company, has achieved a major milestone in its sustainability journey by securing approval for its greenhouse gas (GHG) reduction targets from the Science Based Targets initiative (SBTi). This achievement marks a significant step towards the company's goal of achieving carbon neutrality by 2045. The SBTi approval is expected to positively impact Hyundai Mobis' global order competitiveness, including meeting the UK's electric vehicle grant eligibility criteria.

Key Takeaways:

  • Hyundai Mobis has set GHG reduction targets for 2030, aiming to reduce absolute Scope 1 and 2 GHG emissions by 46% compared to 2019 levels.
  • The company targets a 55% reduction in Scope 3 emissions from purchased goods and services per million KRW of value added by 2030.
  • Hyundai Mobis' mid-to-long-term GHG reduction plan aligns with strengthened sustainability policies in Korea and various countries worldwide.
  • The company's facilities in Slovakia, Brazil, and Turkey have already transitioned to 100% renewable energy.
  • Hyundai Mobis is supporting its partners in systematizing their GHG management and expanding the purchase of low-carbon raw materials.
  • The company plans to establish GHG management strategies tailored to emission characteristics to drive effective reductions.

Statistics:

  • Hyundai Mobis aims to reduce absolute Scope 1 and 2 GHG emissions by 46% by 2030.
  • The company targets a 55% reduction in Scope 3 emissions from purchased goods and services per million KRW of value added by 2030.
  • Hyundai Mobis plans to increase the proportion of renewable energy used at its domestic and international facilities to 65% by 2030 and 100% by 2040.
  • The company's facilities in Slovakia, Brazil, and Turkey have already transitioned to 100% renewable energy.
  • 65% of Hyundai Mobis' facilities are expected to use renewable energy by 2030.
  • The company aims to achieve 100% renewable energy usage by 2040.

Sources:

  • Science Based Targets initiative (SBTi)
  • Hyundai Mobis press release, "Hyundai Mobis Sets Greenhouse Gas Reduction Targets," September 24, 2025
  • Hyundai Mobis website, "Our Sustainability" section
  • Green Transformation to 2045 Net-Zero vision document

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