Hyundai Construction, First Construction Company to Join the 'CDP Platinum Club'

2018~2021 CDP Korea Hall of Fame 4 Consecutive Years Entry
Leading Global Carbon Management... Proactive Response to Climate Change Crisis
Declaration of 탈(탈)Coal Policy, Accelerating Sustainability-Linked Business Models

CDP_Korea Hall of Fame and Platinum Membership Plaque / Provided by Hyundai Engineering & Construction.

Hyundai Engineering & Construction announced on the 10th that it has been awarded the 'Hall of Fame' for the fourth consecutive year in the CDP Climate Change category by the Korean Committee of the Carbon Disclosure Project (CDP), a global environmental management certification organization. With this, Hyundai Engineering & Construction has become the only domestic construction company to join the 'Platinum Club,' which includes companies that have entered the Hall of Fame for four consecutive years.

The CDP Climate Change project is a global initiative that requires major companies worldwide to disclose information on their strategies and risk management capabilities in response to climate change, analyzes this data, and publishes reports to be shared with investors and stakeholders. The evaluation results are provided to financial institutions worldwide and used as investment guidelines. Along with the Dow Jones Sustainability Indices (DJSI), it is recognized as one of the most reliable sustainability assessment indicators.

Hyundai Engineering & Construction received a 'Leadership A' rating for five consecutive years starting in 2014 and entered the 'Hall of Fame' for the first time in 2018. Since then, it has maintained the 'Leadership rating' for four consecutive years until 2021, uniquely among domestic construction companies, and joined the 'Platinum Club,' the highest grade in CDP Korea.

In this evaluation as well, Hyundai Engineering & Construction reportedly received high scores across all areas, including ▲climate change response strategy ▲greenhouse gas reduction efforts ▲greenhouse gas management ▲new business promotion.

Hyundai Engineering & Construction has established the vision of '2050 Global Green One Pioneer' and is implementing a proactive environmental energy management strategy linked to national greenhouse gas reduction targets. To this end, it has established an environmental energy management system covering the entire business process from technology development, procurement, transportation, construction, demolition, to operation, and annually sets company-wide and site-specific environmental energy policies and goals, managing them thoroughly according to detailed implementation plans.

Additionally, in January last year, the company established a coal phase-out policy and has been continuously disclosing detailed implementation progress. In December last year, it launched a Carbon Neutrality Response T.F. and began establishing mid- to long-term strategies and roadmaps toward achieving carbon neutrality and sustainable implementation. Going forward, it plans to accelerate the transition to eco-friendly and low-carbon-centered industrial infrastructure.

A Hyundai Engineering & Construction official stated, "Being the only construction company to enter the CDP Korea Hall of Fame for four consecutive years (Platinum Club) is a result of evaluating Hyundai Engineering & Construction’s proactive and voluntary carbon management and climate change response capabilities," adding, "We will continue to do our best to take the lead more actively in realizing carbon neutrality as a global eco-friendly leading company."

This content was produced with the assistance of AI translation services.