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Home About Hankook Tire Company Corporate Governance Sustainability Committee

Corporate Governance

To sustain transparent and accountable corporate principles, Hankook Tire has embraced a corporate governance system which recognizes and deals with a wide range of ethical issues to better manage our company and make decisions that benefit all stakeholders.

To sustain transparent and accountable corporate principles, Hankook Tire has embraced a corporate governance system which recognizes and deals with a wide range of ethical issues to better manage our company and make decisions that benefit all stakeholders.

Taking bold strides to account for increased global competition, the Board of Directors at Hankook Tire has held its meetings frequently to tackle various topics. In order to expedite the internal decision-making process and increase efficiency, the Board of Directors operates the Sustainability Committee to handle more delicate, key issues while activities of the Board of Directors focuses on other matters pertaining to responsible management.

The Sustainability Committee is composed of directors within the company, led by Suh, Seung Hwa, Vice Chairman and CEO at Hankook Tire.

  • 1. Authority

    Through the authority of the Board of Directors to delegate, the Committee may deliberate on and resolve matters other than the following:

    • 1) Proposing matters that require approval by a General Meeting of Shareholders;
    • 2) Electing and dismissing the representative director;
    • 3) Establishing the Committee and electing and dismissing Committee members; and
    • 4) Any other matters specified in the Articles of Incorporation.

    The Committee may deliberate on matters that require review prior to being referred to the Board of Directors, and may deliberate on and resolve risk management issues and any other daily management-related issues.

  • 2. Composition

    Members of the Committee are elected and dismissed by the Board of Directors, and the Committee is composed of at least two directors elected by the Board of Directors.


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