Hankook Tire Named Among TIME's “World’s Best Companies 2026”...Exceeds 10 Trillion Won in Sales, Achieves ESG Milestones

"Creating Social Value Through Mobility Tech"

Hankook Tire & Technology announced on October 2 that it has been named one of the “World’s Best Companies 2026” by the US weekly magazine TIME.

Since 2023, TIME has selected the world’s top 1,000 companies annually, in partnership with global market research firm Statista, by comprehensively evaluating employee satisfaction, corporate growth rate over the last three years, and major ESG (environmental, social, and governance) indicators.

In 2025, Hankook Tire exceeded 10 trillion won in annual sales for the first time in its history, reaching 1.03186 trillion won in tire segment revenue. This growth was driven by an expanded portfolio centered on premium products and stable sales performance in major global markets.

In the area of sustainable management, the company signed a long-term renewable energy power purchase agreement (PPA) for its Hungary plant in February this year and has continued to expand its sourcing of renewable energy. Additionally, it has expanded production bases certified by the international system ISCC PLUS to four global sites: Geumsan, Hungary, Daejeon, and Jiaxing, China.

Through its recently published ESG report, the group newly introduced a common group-wide ESG management system and integrated materiality assessment framework, and transparently released results by sector such as expanding the use of sustainable materials, supply chain management, and human rights management.

A variety of initiatives for creating social value are also ongoing. While promoting its “mobility tech” strategy that incorporates advanced technologies including artificial intelligence (AI) and data, the group has also expanded its flagship social contribution program “Vehicle Donation” to include eco-friendly vehicles and tailored support models to meet specific needs.

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