Hankook Tire practices ESG to contribute to increasing corporate values, taking social responsibilities of the company, pursuing a sustainable growth of the company with all stakeholders such as our customers, business partners, regional communities, and employees.
Hankook Tire Listed in 'DJSI (Dow Jones Sustainability Indices) World' for Five Consecutive Years
Hankook Tire has been included in the '2020 Dow Jones Sustainability Indices World' for five consecutive years. As Korea's very first tire company to be selected as one of the best companies in the auto parts manufacturing industry since 2016, Hankook Tire has been acknowledged as a global, top-tier company with sustainable corporate management. The Dow Jones Sustainability Indices are a family of indices jointly developed in 1999 by the Dow Jones Indices, US, and RobecoSAM, Switzerland, an investment management company. The indices evaluate corporations based on their social contribution, corporate governance, human rights, and environments as well as their yearly financial performance for the top 2,500 global companies with the highest market capitalization around the world. While only 17 companies from Korea were included in the '2020 Dow Jones Sustainability Indices World', Hankook Tire has been included for five consecutive years and proved to be a global top-tier company with sustainable corporate management.
• DJSI World (5 consecutive years)
• DJSI Asia Pacific (8 consecutive years)
• DJSI Korea (10 consecutive years)
About Dow Jones Sustainability Indices
Korea's first company to be included in the 'CDP Supplier Engagement Leader Board'
Hankook Tire has been included in the 'CDP Supplier Engagement Leader Board' as the very first and only company from Korea in 2018, for our constant efforts to manage the carbon emission in our supplier chain. CDP classifies the supplier engagement of climate change responses in 8 levels and allow companies with A grade, the top grade, to be included in the CDP Supplier Engagement Leader Board. In 2020, Hankook Tire & Technology scored A- in Climate Change and B- in Water.
• Acquired CDP Climate Change A-, Water B- ('20)
• Korea's first company to be included in the 'CDP Supplier Engagement Leader Board' (2018)
• Selected at CDP Korea for Carbon Management Sector (Selective Consumer Discretionary Sector)
Honors (2014, 2015, 2017, 2018, 2020)
• Received the Carbon Management Special Award at CDP Korea (2012, 2013)
*CDP (formerly known as Carbon Disclosure Project) is a global project that evaluates the corporate managements related to environmental issues responses such as climate change, water, and forest resources for major companies around the world. The collected information is published annually and used as a investment guide for financial institutions.
Received Gold Prize for ESG Report Sector and Digital: Multimedia/Interactive Sector, respectively at ESG Report LACP Spotlight Awards
Hankook Tire received a Gold prize in the ESG Report Sector and the Digital: Multimedia/Interactive Sector, respectively, at the Spotlight Awards by LACP, a prestigious global marketing research agency, for the publication of the ESG Report 2018/19 in 2019. In addition, Hankook Tire was ranked 45 out of 1,500 entries and was also included in the top 100 prize winners for 2019, receiving perfect scores for overall narrative, visual design, creativity, and perceived relevance areas.
• Grand Prize for ESG Report Sector at LACP Vision Award (2012)
• Sustainability Report Prize at Global Standard Business Award (2012)
• Selected for Excellent Report in Production Sector at KRCA (Korea Reader's Choice Award) (2014, 2015)
• Grand Prize (No. 1 in World Ranking) LACP Impact Award (2016)
• Gold Prize (No. 32 in World Ranking) LACP Spotlight Award (2017)
• Gold Prize (No. 36 in World Ranking) LACP Spotlight Award (2018)
• Gold Prize (No. 45 in World Ranking) LACP Spotlight Award (2019)
*LACP (League of American Communications Professionals) is a world authority marketing research institution that finds best-in-practices in the public relation industry and creates a forum for presenting such practices. LACP Awards is one of the two major communication awards along with the ARC Awards hosted by MerComm.
Overall B+ Rating for 2020 Korea Corporate Governance Service ESG Evaluation
The Korea Corporate Governance Service ESG evaluation is an evaluation to enhance the social responsibility of domestic listed companies and encourage their activities, while activating responsible investment by investors. The level of Environment, Social Responsibility, and Governance are evaluated and graded as for the evaluation. The evaluation results are used as data for composing stocks in the Korea Exchange's Responsible Investment Index. Hankook Tire & Technology obtained the compressive grade of B+ in the 2020 ESG evaluation; A+ for Social, A for Environmental, and B for Governance. In particular, in the Environmental field, we obtained the highest score in the industry and were recognized for our excellent environmental management.
Awarded Top Tier of the 'Korean Standard Quality Excellence Index' for 10 consecutive years
Hankook Tire was awarded with the top prize in the '2018 Korean Standard Quality Excellence Index (KS-QEI)' hosted by the Korean Standards Association with the Automobile Tire sector for 10 consecutive years. The Korean Standard Quality Excellence Index is a comprehensive indicator of the quality excellence and satisfaction the Korean Standards Association and the Korean Society for Quality Management research and announce for consumers and commodity specialists who use the products of their companies. Hankook Tire has proved its quality competitiveness as a global top-tier company by winning comprehensively excellent scores in both the 'Usage Quality Index' including performance, reliability, and safety plus 'Emotional Quality Index' including image, brand recognition and novelty.