Hankook Tire has announced that the company has been included in the Dow Jones Sustainability World Indices (DJSI World) for the third consecutive year, strengthening its status as one of the most sustainable tyre companies in the world.
Hankook Demonstrates its Sustainable Credentials with DJSI Listing
Amongst 2,521 companies in the auto components industry subjected to DJSI’s assessment, Hankook Tire has been ranked as one of the most outstanding companies for three consecutive years. Hankook Tire scored high marks in the areas of environmental policy and management systems, supply chain management, corporate citizenship and philanthropy.
In 2018, Hankook Tire established a mid-to-long-term roadmap for research focusing on sustainability – Renewable, Recycling, Reusable and Reducing – to ensure the use of its products lead to environmental improvement. The ultimate goal of this roadmap is to develop tyres made entirely of sustainable raw materials by 2045.
In addition, from the end of 2017, Hankook Tire has been working towards improving natural rubber sustainability through the entire commercial chain including farmers, traders and processors. It has been collaborating with the global tyre industry‘s renowned consultants: NGOs, natural rubber suppliers, producers and core customers to establish Hankook Tire’s own Natural Rubber Sustainability (NRS) policy. The company is also striving to create an even safer and healthier workplace environment by establishing pre-filtering processes for internationally regulated chemicals for example.
“Being included in the DJSI World for the third consecutive year is a great honour itself but also proves Hankook Tire is heading the right way with its sustainability efforts,” said Hyun Bum Cho, President & CEO of Hankook Tire, “We fully recognize that surviving in this fast changing environment as a global top tier company requires improved performance in all dimensions; economic, environmental and social. Moving forward, Hankook Tire will continue its innovation and challenge both in and out of the company to drive positive growth in each and every part of the world.”
The DJSI is the most influential global index that assesses corporate sustainability and investment. It tracks all corporate aspects including the financial, environmental, and social influences. It was jointly developed by S&P Dow Jones Indices and RobecoSAM. The DJSI is composed of sustainability leaders in each industry group as identified through a corporate sustainability assessment.