At Hankook Tire, we host company-wide CSR activities to achieve sustainable growth with all stakeholders. In particular, we have formed the CSR Strategy Committee under the leadership of our CEO, as well as the CSR Steering Committee, which consists of nine subcommittees, to fulfill our responsibility as a global corporate citizen.
CSR Governance (CSR Committee)
The CSR Committees aim to seamlessly incorporate CSR initiatives into the daily operations of our employees. Every January, each relevant team is notified of adjustments made by the committee, and requested to initiate their committee operation. In February, CSR tasks for each committee are selected out of the pool of key managerial issues in consultation with the CSR Team, and action plans are established as a way to improve the efficiency of CSR Committees. Each committee convenes on a quarterly basis to allow relevant departments to share outcomes on key managerial issues and the progress details of CSR tasks. These meetings also allow us to discuss newly identified issues as well as targets and directions for the following year. The CSR Team attends every committee meeting to review the progress made and offer advice when needed based on material issues that are identified through surveys of internal/external stakeholders, evaluation outcomes made by external professional organizations, and benchmarking of industry leaders. As such, all matters discussed at the committee meetings are reported to the CEO and the CSR Strategy Committee at the CSR Strategy Committee meeting held in November to determine future ways to move forward. In November 2015, the meeting was held to approve annual achievements and plans for the following year. Not just this, agenda like ‘business and trust’, and ‘brand-linked corporate philanthropic activities’ were further explored to set the future course for Hankook Tire’s CSR activities.
Operation of the Chinese CSR Committee
Hankook Tire operates the Chinese CSR Committee under the China Headquarters. The COO supervises the CSR Strategy Meeting to disseminate and establish CSR in the Chinese market.
Our China Headquarters set up its own CSR Committee in March 2012 to identify and respond to key issues in consideration of local political, economic, social and environmental conditions. Four committees and one team for general tasks manage a total of five CSR areas – Environment, Safety & Fire-fighting, Employees, Corporate Philanthropy, Ethics Management and Risk Management.
In 2015, the Chinese CSR Committee hosted meetings under the supervision of the CHN) Corporate Strategy Team. At the end of the year, the Chinese CSR Strategy Meeting was held to share and discuss committee-specific achievements. Its 2016 plans were drawn up by referring to the Chinese strategic guides distributed by the Korean CSR Team. These strategic guides were prepared in order of materiality and priorities on the basis of internal/external stakeholder surveys, evaluation outcomes of external professional organizations, and the benchmarking of advanced businesses.
To better communicate and share information with local stakeholders, the China Headquarters published an independent CSR Report that dealt with its CSR achievements, reflections and future plans with the support of the Korean CSR Team in 2015. Prior to compiling the report, internal CSR reports had been created in 2013 and 2014 during the preparation period. In September 2015, an improved version of the CSR Report officially came out in China, fortified with the benchmarking of other businesses and in accordance with the international guidelines. Reviewed by the Chinese Academy of Social Sciences on standards regarding publication process, reporting structure and corporate philanthropic activities, the China CSR Report was highly recognized for credibility by obtaining 4 points out of the full 5.
Operation of the CSR Committee in Europe
Our Europe Headquarters established its own CSR operation system which encompasses the Hungary Plant and Marketing & Sales operations in Europe, while undertaking diverse CSR initiatives in six areas in consideration of local conditions and situations.
The CSR operation system of our Europe Headquarters was established in November 2013 to advance its CSR management in an integrated manner. It consists of the six areas of EHS, Energy & GHG, Employees, Ethics Management, Corporate Philanthropy and Risk Management. CSR initiatives are managed on a team level for each work area for their efficient operation, and CSR outcomes are reported quarterly to the Hungary Plant Managing Director. Furthermore, annual CSR achievements and plans for the following year are reported each year to the COO of the Europe Headquarters, who then approves the directions to undertake future CSR initiatives. In 2015, the CSR Team at the Korean Head Office assisted our Hungary Plant in setting CSR plans by referring to the strategic guidelines prepared on the basis of internal/external stakeholder surveys, evaluation outcomes of external professional organizations, and the benchmarking of advanced businesses. The team also reviewed progress through quarterly monitoring and discussed issues. Such commitment resulted in an effective CSR operation that reflected both our global common CSR strategy and the local conditions of Hungary. In 2015, corporate philanthropy of the Europe Headquarters Marketing & Sales as well as the Hungary Plant was included in the scope of management areas for more systematic CSR operations. Starting from 2016, the plan drawn up at the end of 2015 will be acted upon in a systematic manner.
Activation of CSR Operation at Indonesia Plant and ASEAN-INDIA
Our global CSR operation system was broadened to include the Indonesia Plant and ASEAN-INDIA Marketing & Sales operations to ensure that our CSR initiatives are undertaken systematically in consideration of local conditions and situations.
To disseminate and establish our global CSR operation system, we developed the CSR operation systems in Indonesia and the ASEAN-Indian region in 2014, following Korea, China, and Europe. As a result of reflecting local conditions and status, our Indonesia Plant covers the four areas of EHS, Corporate Philanthropy, Employees, and Ethics Management while the ASEAN-India Marketing & Sales operations address the two areas of Corporate Philanthropy and Ethics Management. We carried out diversified CSR activities to establish a CSR operation system at the Indonesia Plant. The activities in 2016 will expand to cover the ASEAN-India Marketing & Sales.