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🔎 🚗 What’s missing from Hyundai’s sustainability reporting? Hyundai Motor Group's 2025 sustainability reports, disclosed steel use of 1.24 million tonnes for Hyundai Motor and 200,000 tonnes for Kia ➡️ a combined 1.44 million tonnes. SFOC's research reveals the actual figure is more than three times higher, with emissions from supplier-produced parts excluded to leave ~3.4 million tonnes of steel unaccounted for. This creates a misleading picture of Hyundai’s true carbon footprint 👉 If full lifecycle emissions aren’t counted, climate claims don’t hold. Last month, SFOC filed a greenwashing complaint with Korea’s Fair Trade Commission and Ministry of Climate, Energy, and Environment (MCEE), calling for greater transparency and full supply chain disclosure. 🎥 Watch more below or here: https://lnkd.in/d5CcQ8bm 🔗 Full report (KOR): https://lnkd.in/dGFRsnhf #GreenSteel #ClimateAction #SupplyChains #SFOC #Greenwashing #NextStartsNow Hyundai Motor Company Hyundai Motor Group Hyundai Steel POSCO HOLDINGS Kia Global News Lead The Charge Greenpeace East Asia Mighty Earth SteelWatch

‼️🚢 Here is why what ships burn matters for the world’s forests 🔥🌳 The shipping industry accounts for nearly 3% of global greenhouse gas emissions - and biofuels are often pitched as part of the solution. But when scaling biofuel production drives deforestation, the carbon math stops adding up. With rising biofuel demand, up to 7 million hectares of forests are at risk of being destroyed by 2030. Setting clear standards for biofuels - ensuring raw materials come from sustainable sources or excluding high indirect land use change (ILUC) risk feedstocks like soy and palm oil altogether - could make a significant difference. 🔎 Why this matters now From April 27 to May 1, the International Maritime Organization's Marine Environment Protection Committee (MEPC 84) meets in London. The decisions made there will shape whether shipping's green transition protects the world's forests - or accelerates their destruction. 🎥 Watch our take below or on SFOC’s official YouTube channel: https://lnkd.in/gfpxVREj 👉 Learn more about how biofuels put forests & economies at risk in SFOC's Explainer blog: https://lnkd.in/g2KtmRRB #ClimateAction #MEPC84 #SustainableFuels #NetZero

With Hyundai Motor Company’s Annual General Meeting (AGM) just three weeks away, attention is turning to whether the board is equipped to oversee climate-related transition risks that could impact long-term shareholder value. As climate-related financial risks become more material across the automotive sector, a key question emerges for Hyundai Motor: does the current board have the structures and expertise needed to oversee the company’s transition strategy? Solutions for Our Climate (SFOC)’s latest report assesses whether these climate-related transition risks are receiving adequate board-level oversight, framing its assessment in a Korean context where conglomerates often face challenges with strategic alignment across subsidiaries. The findings reveal Hyundai Motor meets just two of the six climate governance indicators set out by the investor-led Climate Action 100+ initiative, suggesting meaningful gaps in the company’s climate oversight framework. 🗝️ Key Takeaways 🛑 Hyundai Motor Group faces increasing transition risks, including evolving supply chains, large-scale EV investments and tightening climate regulations, including the EU Carbon Border Adjustment Mechanism (#CBAM). ⚠️ Climate risk remains a back burner issue on the agenda of Hyundai Motor’s Sustainability Management Committee (SMC), which, despite growing, still lacks independent directors with dedicated climate expertise. ⛓️💥 A five-year difference in the carbon neutrality targets of Hyundai Motor and its primary steel supplier Hyundai Steel risks potential misalignment on low-carbon procurement and transition investment strategies. With Korean corporates aiming for greater global investment and transition risks expanding across the entire automotive value chain, the report calls on Hyundai Motor to formalize regular inclusion and review of climate transition strategy, improve disclosure of SMC decisions and prioritize climate-informed oversight through the appointment of and training for independent directors. 🔎 Read the full report here: https://lnkd.in/g-7XPi5s 🔎 Read our press release here: https://lnkd.in/gVCraffu #AGM #Automakers #ClimateAction #CorporateGovernance #ESG #Hyundai #SFOC #SteelDecarbonization

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