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Environmental

We build with the environment in mind.

Climate Change Response

We systematically pave the way toward carbon reduction
to achieve 2050 Net Zero.

2050 Carbon Neutrality Roadmap

2,037,509 tCO2eq 35,235 tCO2eq 1,528,132 tCO2eq 27,701 tCO2eq 15,856 tCO2eq 2022 (Reference Year) 2030 (Interim Goals) 2040 (Interim Goals) 2050 (Target Year) 25.0% reduction 21.4% reduction 55.0% reduction Scope 1&2 Scope 3 NET ZERO

Carbon Neutrality Implementation Strategy

탄소중립 실행 전략 3단계: 단기('24~'26년) 탄소중립 초기대응 - 운영비 절감 및 감축 기술 도입. 중기('27~'30년) 본격적 감축 준비 - 전사적 에너지 사용 효율화 및 감축 기술 효과 점검 (22년 대비 21.4% 감축). 장기('31~'50년) 탄소중립 적극 선도 - 외부 PPA 계약 및 인증서 구매 (2050 탄소중립 달성). 주요 감축 방안: 현장 에너지 효율화, 친환경 연료 전환, 차량·장비 전동화, 신재생에너지 소비 확대.

Environmental Management

We implement sustainable environmental management practices
that minimize environmental impact and address climate change.

Environmental Policy

Implementation of “Sustainable Management”
Through Autonomous Environmental Management

IPARK Hyundai Development Company had established an autonomous environmental management system and implements the following environmental policies to achieve balanced development between business activities and the environment.

  1. We recognize environmental protection and sustainability as our highest-priority values and conduct our business in accordance with these principles.
  2. We operate on the principle of preventing and minimizing environmental pollution and comply with all applicable environmental laws and regulations.
  3. We efficiently utilize resources and energy while minimizing pollutant and greenhouse gas emissions to contribute to climate change response and the realization of carbon neutrality.
  4. We ensure a safe and comfortable living environment by using green materials and constructing eco-friendly buildings.
  5. We protect ecosystems and use resources sustainably to achieve sustainable development.
  6. We provide environmental management training for executives and employees to strengthen environmental management awareness.
  7. We disclose information on environmental management, engage in communication with stakeholders, and make efforts toward continuous improvement.

All executives and employees of IPARK Hyundai Development Company recognize the importance of the environment and fulfill the company’s social responsibility by practicing sustainable management.

January 2, 2026
IPARK Hyundai Development Company Co., Ltd.
CSO Sungchul Yang

Goals

We implement autonomous environmental management systems
to enhance environmental performance.

Implementation Strategies

Establishment of an autonomous environmental management system

  1. 01 Strengthening of autonomous environmental management
    capabilities through education
  2. 02 Improving awareness of pipeline management
    through inspection and evaluation

Implementing environmental performance management through autonomous environmental management

  • Compliance with environmental laws and regulations and strengthening of environmental management standards

    • Zero penalties
    • Managing emissions at facilities (wastewater, air pollution, etc.) within 95% of the legally permitted standards
  • Minimizing energy use and greenhouse gas emissions

    • Utilizing eco-friendly, high-efficiency construction equipment and energy
    • Reducing energy consumption and greenhouse gas emissions by 5% compared with the previous year
  • Strengthening resource circulation activities

    • reducing waste generation intensity by 5% compared to the previous year, while maintaining a recycling rate of over 90%
    • Reducing water use by 5% compared to the previous year and strengthening reuse and recycling
  • Strengthening biodiversity conservation activities

    • Application of biodiversity protection facilities in residential facilities
    • Protection of ecological environments and flora and fauna habitats at project sites
  • Procuring green products and constructing eco-friendly buildings

    • Expanding the green product purchase ratio
    • Expanding eco-friendly building certifications

Mid- to Long-Term Goals

2024 Goals
2026 Goals
2028 Goals

Establishing an autonomous environmental management system

  • Establishing a greenhouse gas emissions management system
  • Establishing standards for managing emission facilities
  • Establishing environmental performance indicators

Establishing an autonomous environmental management system

  • Establishing a greenhouse gas emissions management system
  • Establishing standards for emissions facility management
  • Implementing environmental performance indicators

Developing advanced environmental management strategies

  • Developing greenhouse gas emissions reduction strategies
  • Strengthening development and investment in eco-friendly technologies
  • Enhancing environmental performance indicators
Compliance with environmental laws and regulations
Zero penalties
Zero penalties
Zero penalties
Energy Consumption 5% annual reduction
661 TJ
596 TJ
538 TJ
Greenhouse Gas Emissions 5% annual reduction
31,902 tCO2-eq
28,79222-eq
25,985 tCO2-eq
Waste Generation Intensity 5% annual reduction
20.96 tons/KRW 100 million
18.92 tons/KRW 100 million
17.07 tons/KRW 100 million
Waste Recycling Rate 1% annual increase
91%
93%
95%
Water Usage 5% annual reduction
358,189 ton
323,265 ton
291,747 ton

Environmental Management Performance

  • Greenhouse Gas
    Direct and Indirect Emissions
    (Based on Scopes 1 and 2)

    (Unit: t-CO2eq)

    Scope1 Scope2 Total 26,000 23,000 20,000 0 21,351 23,398 19,272 24,001 25,382 20,733 2,650 1,984 1,461 2023 2024 2025 Scope1 Scope2 Total 26,000 23,000 20,000 0 21,351 23,398 19,272 24,001 25,382 20,733 2,650 1,984 1,461 2023 2024 2025
  • Total Energy Consumption

    (Unit: TJ)

    500 400 300 0 488.8 519.6 432.3 2023 2024 2025 500 400 300 0 488.8 519.6 432.3 2023 2024 2025
  • Waste Generation Intensity

    (Unit: tons/KRW 100 million)

    30 20 10 0 22.1 15.8 11.4 2023 2024 2025 30 20 10 0 22.1 15.8 11.4 2023 2024 2025
  • Total Water Use

    (Unit: ton)

    390,000 380,000 360,000 0 396,623 362,300 377,849 2023 2024 2025 390,000 380,000 360,000 0 396,623 362,300 377,849 2023 2024 2025