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Company Directory - HD Hyundai

Company Details - HD Hyundai

HD Hyundai Logo

HD Hyundai

Website

Seoul, South Korea

HD Hyundai is a South Korean conglomerate that engages in various sectors, including investments in energy projects, heavy industries, shipbuilding, and construction.

CCI Score

CCI Score: HD Hyundai

-31.15

Latest Event

HD Hyundai Machinery Implicated in West Bank Demolitions

An investigation by Amnesty International Korea and local human rights groups documented that heavy machinery manufactured by HD Hyundai was used in demolitions of Palestinian-owned structures in the Occupied Palestinian Territory. Verified evidence includes shipments of machinery to Israeli distributors EFCO and Emcol between October 2021 and October 2023, which later appeared in demolition operations, causing displacement and destruction of homes. Despite HD Hyundai’s denial of involvement, the findings raise serious concerns about the company’s supply chain ethics and due diligence in preventing the misuse of its products.

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TOADIE

HD Hyundai is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • HD Hyundai Machinery Implicated in West Bank Demolitions Logo
    MAR
    27
    2025

    An investigation by Amnesty International Korea and local human rights groups documented that heavy machinery manufactured by HD Hyundai was used in demolitions of Palestinian-owned structures in the Occupied Palestinian Territory. Verified evidence includes shipments of machinery to Israeli distributors EFCO and Emcol between October 2021 and October 2023, which later appeared in demolition operations, causing displacement and destruction of homes. Despite HD Hyundai’s denial of involvement, the findings raise serious concerns about the company’s supply chain ethics and due diligence in preventing the misuse of its products.

  • -80

    Supply Chain Ethics

    June 19

    HD Hyundai’s heavy machinery has been documented as being used in demolitions of Palestinian properties in the West Bank, leading to forced displacement and potential breaches of international humanitarian law. The evidence of multiple shipments to Israeli distributors, despite the company’s denials, suggests a lack of due diligence in its supply chain ethics and raises significant human rights concerns.

    South Korea/Israel/OPT: HD Hyundai machinery used in West Bank demolitions

  • HD Hyundai Machinery Fuels Demolitions in the West Bank Logo
    MAR
    27
    2025

    Amnesty International Korea and local human rights groups have documented that HD Hyundai heavy machinery was used in demolitions of Palestinian-owned structures in the Occupied Palestinian Territory. The investigation revealed at least 32 shipments of HD Hyundai equipment to Israeli distributor EFCO between October 2021 and October 2023, which were later used in demolitions resulting in significant displacement and property loss. Despite HD Hyundai's denials of direct involvement, the evidence links its machinery to what may constitute breaches of international humanitarian law.

  • -80

    Supply Chain Ethics

    June 19

    The evidence provided by Amnesty International Korea indicates that HD Hyundai’s heavy machinery was supplied to an Israeli distributor whose equipment was used in demolitions of Palestinian property, leading to forced displacement and economic hardship. This reflects significant shortcomings in HD Hyundai's supply chain ethics by failing to ensure that its products are not used to facilitate human rights abuses.

    South Korea/Israel/OPT: HD Hyundai machinery used in West Bank demolitions

  • Hyundai Aligns with Trump through $21B US Investment Logo
    MAR
    25
    2025

    Hyundai announced a $21 billion investment in the US, including building a low-carbon steel plant and expanding EV production, during an event at the White House with President Trump. The move appears to be a strategic effort to avoid tariffs and curry favor with the administration.

  • -65

    Executive Political Engagement

    June 19

    Hyundai Chair Euisun Chung appeared alongside President Trump at the White House, signaling executive-level engagement with an authoritarian administration. This public display of alignment to benefit from policy decisions, such as avoiding tariffs, reflects complicity in engaging with authoritarian political influence.

    Hyundai pledges $21B in US investment to avoid tariffs

  • -60

    Public and Political Behavior

    June 19

    The announcement of a $21B investment is interpreted as a tactical maneuver to align public policy with the Trump administration’s economic and tariff strategies. This display of corporate political behavior suggests a willingness to compromise on independent business practices in favor of political expediency that bolsters authoritarian tendencies.

    Hyundai pledges $21B in US investment to avoid tariffs

  • Hyundai CEO Confident in US Localization Strategy Amid Trump Policy Uncertainty Logo
    MAR
    20
    2025

    Hyundai Motor Co. CEO dismissed uncertainties surrounding President Trump's electric vehicle policies, emphasizing the company's localization strategy in the US. The strategy, which includes billions in investments and the upcoming opening of a large factory in Georgia, was originally set in motion during the first Trump administration, indicating a deliberate move to insulate the company from volatile policy changes.

  • +20

    Public and Political Behavior

    June 19

    The CEO’s comments demonstrate a strategic political adaptation by aligning business operations with anticipated policy shifts, thus reducing reliance on potentially destabilizing federal policy. This proactive move to localize production in response to authoritarian uncertainties offers a counterbalance to external political risks.

    Hyundai CEO Confident of US Strategy Amid Trump EV Uncertainty

  • +25

    Economic and Structural Influence

    June 19

    The significant investment in a new US factory and billions in capital expenditure underscore Hyundai's commitment to bolstering domestic job creation and economic resilience. This strategy mitigates potential negative impacts from abrupt policy changes linked to authoritarian tendencies, thereby supporting structural stability.

    Hyundai CEO Confident of US Strategy Amid Trump EV Uncertainty

  • Labor Dispute Escalates Into Violence at HD Hyundai Logo
    OCT
    30
    2024

    A violent altercation during a strike at HD Hyundai Ulsan on October 30, 2024 resulted in multiple injuries and the arrest of a security guard. The Korean Metal Workers' Union (KMWU) demanded higher wages and launched a series of strikes, marking the second clash in a month.

  • -60

    Labor Relations and Human Rights Practices

    June 19

    The incident highlights an aggressive response by HD Hyundai security against striking workers, resulting in injuries and arrests. Such use of force and confrontation in labor disputes underscores poor labor relations and disregard for workers' rights, which is concerning from a worker rights and human dignity perspective.

    Strike Turns Into a Fistfight at HD Hyundai

  • HD HHI Union Strike Demands Fair Wage Increase Logo
    OCT
    08
    2024

    On October 8, 2024, union members at HD Hyundai Heavy Industries initiated a four‐hour partial strike over wage and collective bargaining disputes. The union rejected the company's proposals, demanding a wage increase that meets or exceeds previous agreements, highlighting ongoing labor tensions.

  • +70

    Labor Relations and Human Rights Practices

    June 19

    The union’s decision to strike reflects a strong pro-worker and progressive stance, challenging management’s insufficient wage offers and asserting fair labor practices. This action supports marginalized workers by demanding equitable treatment and better labor conditions, aligning with anti-authoritarian values.

    HD Hyundai Heavy Industries Union Goes on Strike

Industries

333618
Other Engine Equipment Manufacturing
336611
Ship Building and Repairing
336612
Boat Building