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Suppliers

Hankook Tire aims for win-win business management solutions with its subcontractors based on transparent and fair cooperation that can give rise to sustainable growth and development.

Hankook Tire aims for win-win business management solutions with its subcontractors based on transparent and fair cooperation that can give rise to sustainable growth and development.

Key Achievements

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Background

We encourage our suppliers to achieve sustainable growth by fulfilling their corporate social responsibility. To ensure stable raw material procurement and supply that can directly impact our production efficiency and competitiveness, it is essential to secure suppliers with good CSR performance. We are clearly aware that the sustainability of our suppliers is central to our long-term competitiveness, so we pursue win-win partnerships across the supply chain.

Our direction

We promote transparency, fairness and trust in relationships with our suppliers to achieve win-win partnerships and grow together. To help them enhance competitiveness in the long term, we formulate policies for supporting them and conduct a CSR assessment to identify and prevent potential risks in the supply chain.

Responsible Organization

Supplier Committee
• Chaired by: Head of Purchasing Department
• Supervised by: Purchasing Planning Team
• Members: Purchasing Team 1, Purchasing Team 2, Raw Material Development Team, Global Quality Management Team, CSR Team, and engineering-related teams

Future plan and mid-/long-term targets

To promote a culture of shared growth with our suppliers, CSR activities are considered in our supplier selection process. Greater importance is being placed on CSR assessment results and the scope of suppliers subject to CSR audit has been expanded. We will elaborate on the audit process by defining its targets and cycle. To ensure win-win partnerships, we will continue our efforts to systematically provide our suppliers with capacity-building training programs.

 

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