Hyundai Motor Company and Kia Establish Global Integrated Carbon Emission Information System
Hyundai Motor Company and Kia announced on the 30th that they have established a global integrated carbon emission information system (Integrated Greenhouse gas Information System·IGIS). This is to strengthen the carbon emission management system and proactively respond to global environmental regulations.
IGIS is a system that integrates and manages carbon emission information generated throughout the entire life cycle of a finished vehicle, from raw material extraction to manufacturing, transportation, operation, and disposal.
Hyundai Motor Company and Kia have been managing and responding to carbon emissions from domestic and overseas business sites and suppliers by establishing systems such as the Global Energy Monitoring System (Global carbon Emission Management System·GEMS) and the Supplier CO2 Emission Monitoring System (Supplier CO2 Emission Monitoring System·SCEMS).
Hyundai Motor Company and Kia employees checking the 'Global Integrated Carbon Emission Information System.' Provided by Hyundai Motor Company and Kia
View original imageThe newly established IGIS not only integrates the existing systems into one but also adds a 'Life Cycle Assessment' function that can systematically calculate and manage carbon emissions at the vehicle and corporate levels.
Currently, most finished vehicle manufacturers manage carbon emissions generated during parts manufacturing processes and business sites, but a separate system was required to calculate carbon emissions per product unit. However, by applying the new 'Life Cycle Assessment,' it is possible to organically link and monitor the entire vehicle life cycle and systematically manage carbon emissions through quantitative data collection for each process.
In addition, Hyundai Motor Company and Kia applied blockchain technology to IGIS, which makes data tampering impossible. This is to ensure data reliability and transparently manage carbon emissions.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Jin Eun-sook, Vice President and Head of ICT Division at Hyundai Motor Company and Kia, said, "We have established the 'Global Integrated Carbon Emission Information System' with the goal of achieving carbon neutrality by 2045. Through systematic management, we will reduce carbon emissions across all economic activities of Hyundai Motor Company and Kia and build an eco-friendly value chain to lead global carbon neutrality."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.