The true value of a corporation becomes significant when it coexists with society, and we return the value created through our business activities back to society to fulfill our role and responsibility as a corporate citizen.
Background of This Issue
In line with the growing concerns that highlight the importance of corporate social responsibility both in Korea and abroad, promoting communication and co-prosperity with local communities through corporate philanthropy remains a critical initiative for any businesses. It is in this context that companies are respected for their full commitment to sharing and expanding values as well as for their creation of economic values.
Risks & Opportunities
Since the growth of any company is based on the local community where it is located, any failure to sincerely fulfill its role in community development and involvement may lose the social trust it established over the years and threat its very existence. We believe that sincerely communicating with our local communities and endeavoring to address social issues will help improve our corporate image and pave the way for our solid growth as a company.
Hankook Tire’s Policy
At Hankook Tire, we ensure that through our business conduct, we make direct/indirect contributions to the economic development of our nation and local community and spearhead the resolution of local issues through constant communication with local communities. Furthermore, we return the value we create to society so that it prospers with all members as a unified whole and so that we fulfill our responsibility and obligation as a corporate citizen and generate social value.
Management Responsibility & Governance
Corporate Philanthropy Committee
• Chaired by: HR Division Director
• Supervised by: CSR Team
• Members: DP)Corporate Management Team, KP)Corporate Management Team, KOR)Culture Communications Team, Hankook Tire Welfare Foundation
Future Plans & Outlook
In 2017, we will reinforce our ‘Mobility’ concept in planning our leading social contribution project and initiating their pilot operation. With this concept in mind, we will sincerely undertake our philanthropic initiatives, and will take a step closer to reaching our mid·long-term corporate philanthropic goal of ‘contributing to the growth of local communities and to improving our brand value’.