Hankook Tire is committed to enhance the competitive edge by preventing business-related risks caused by climate change and thus turning each crisis into opportunity.
Background of This Issue
As the Paris Agreement took effect on November 4, 2016, the entire global community is engaged in responding to climate change, and this further highlights the role and responsibility of businesses to curb global temperature increases within 2℃ against the pre-industrialized level.
Risks & Opportunities
The sheer size of our operations is growing in line with increasing production and the expansion of global production sites. Meanwhile, this growth inevitably exposes us to such risks as GHG emission trading schemes and other regulations, along with the depletion of energy resources. We believe, however, that adopting diverse technology options to improve energy efficiency and reduce GHG emissions will bring about positive change, including production cost savings and improved brand value.
Hankook Tire’s Policy
We will never spare our company-wide investments or endeavors to reach our goal in reducing GHG emissions, nor will we ever cease to restrict our use of fossil fuel and contribute to the prevention of global warming by converting our energy sources into eco-friendly ones in the long term. Our EHS-e Committee is responsible for setting our improvement goals in relation to climate change response as well as taking action accordingly on a quarterly basis. We transparently disclose our annual GHG emissions and response to climate change through CDP (The former “Carbon Disclosure Project”).
Management Responsibility & Governance
EHS-e Committee [Energy·GHG Part]
• Chaired by: Production & Engineering Division Director
• Supervised by: Machinery Engineering Team 3
• Members: CSR Team, Global Facility Maintenance Operations Team, Facility Maintenance Teams of respective plants
MP)Human Resource Operations & Education Team, R&D Corporate Management Team
Future Plans & Outlook
We will set detailed plans to reach our mid·long-term GHG emissions reduction targets and take methodical action while we continuously review the introduction of alternative energy sources to shift our long-term energy use portfolio.