Neu-Isenburg, Germany, 19 December 2022 – Further solidifying its environmental, social and governance (ESG) leadership, the premium tyre manufacturer Hankook has earned its seventh consecutive listing in the esteemed Dow Jones Sustainability Indices (DJSI) for industry-leading sustainability. This year, the list includes 326 companies worldwide – 12.8% of the top 2,555 global corporations. Hankook is among the leading representatives of the automotive supplier industry.
Hankook was included seven years ago for the first time in DJSI World, the world’s most authoritative sustainability assessment index, as a result of its continuous efforts to strengthen ESG management. This year, the company recorded its highest score since the inception of DJSI, achieving excellent ratings for corporate philanthropy, human rights and supply chain management as well as R&D innovation.
Through eight committees in each of its areas of expertise, Hankook has improved its company-wide ESG standards and strives to maintain a sustainable supply chain. In 2018 the company defined a strategy for a sustainable natural rubber supply. Moreover, the company is a leader in recycling economy practices. In addition, the tyre specialist joined the Science Based Targets Initiative (SBTi) this year and submitted a mid- to long-term greenhouse gas reduction target with the goal of bringing about a 46.2% reduction in production-related CO2 emissions by 2030 compared to 2019. It also aims to reduce greenhouse gas emissions from the supply chain by 27.5%.
The company’s declared objective as a global acting tyre company is to place activities such as corporate philanthropy and environmental management within a systematic framework to achieve global top-tier sustainability management capabilities.
The Dow Jones Sustainability Indices is the most respected global benchmark for sustainability rating and investment. It lists exemplary companies by comprehensively evaluating corporate management activities in terms of such aspects as financial performance, social contributions, ethical management, and environmental management. The DJSI was jointly developed in 1999 by S&P Dow Jones Indices, the world's largest financial information company, and S&P Global Switzerland SA (formerly SAM), a global sustainability rating agency.
