Hankook Tire Releases "2025/26 ESG Report" Detailing Sustainable Growth Strategy

Hankook Tire & Technology (hereinafter referred to as Hankook Tire) announced on July 8 that it has published the "2025/26 ESG Report," which details its management systems and sustainable management achievements in response to changes in the global ESG (Environmental, Social, and Governance) disclosure landscape.

Now in its 17th edition, this year's report focuses on management systems and strategic directions to proactively address strengthened global ESG regulations such as the European Corporate Sustainability Reporting Directive (CSRD) and the European Union Deforestation Regulation (EUDR).

Hankook Tire Headquarters Technoplex. Hankook Tire

In particular, by reflecting the European Sustainability Reporting Standards (ESRS), the group has established a unified ESG management system for its three affiliates: Hankook Tire, Hankook & Company, and Hanon Systems. The group has newly introduced a group-wide integrated materiality assessment based on the double materiality principle required by ESRS.

Based on the results of the materiality assessment, the company disclosed its achievements in key environmental material issues such as expanding the use of sustainable raw materials, developing eco-friendly products, establishing global eco-friendly production systems, reducing greenhouse gas emissions across the supply chain, and managing biodiversity.

In the area of governance, Hankook Tire promoted the advancement of the board of directors' operating system. The company approved a mid- to long-term plan to enhance the independence, expertise, and diversity of the board, introduced guidelines for outside directors, and is working on implementing a Board Skills Matrix (BSM) and a peer evaluation system for outside directors.

Additionally, to enhance transparency in the determination of directors' compensation, the company established a Compensation Committee. Through the establishment of a mid-term shareholder return policy for 2025–2027 and the implementation of an interim dividend in 2025, Hankook Tire strengthened both shareholder value and management transparency.

Hankook Tire continued to achieve sustainable management results. This year, its Jiaxing Plant in China acquired ISCC PLUS certification, an international standard for global eco-friendly materials, securing its fourth eco-friendly certified production base. The company also received the highest grade (A) in the Carbon Disclosure Project (CDP) Climate Change Response category for the second consecutive year, further strengthening its global sustainable management capabilities.

Meanwhile, the "2025/26 ESG Report" outlines major ESG activities and achievements, including human rights management, safety and health, ESG management of the supply chain, promotion of diversity and an inclusive culture, and activities for co-prosperity with local communities. The report is available for viewing and download on the ESG page of Hankook Tire's global official website, and the English version is scheduled for release at the end of July.

This content was produced with the assistance of AI translation services.