Hankook receives Car and Driver Magazine's prestigious "Sustainable Future 2023" award

Award emphasises the company's commitment to sustainability and environmental protection
Hankook targets net zero in production and the use of 100 % sustainable materials in its products by 2050

Madrid, Spain, 28 November 2023 – Premium tyre manufacturer Hankook was recognised with the "Sustainable Future 2023" award by Car and Driver, in recognition of its outstanding environmental efforts in fostering eco-friendly practices. The award underpins Hankook's ongoing dedication to sustainability, most recently marked by receiving ISCC PLUS certification for the state-of-the-art production plant in Racálmás, Hungary.

The Car and Driver "Sustainable Future 2023" award emphasises the importance of environmental responsibility in the automotive industry and acknowledges Hankook as a forerunner in this field. The magazine particularly commended Hankook's long-term vision and proactive approach to addressing environmental challenges in tyre manufacturing.

Alejandro Sánchez Monasterio, HR and Financial Manager at Hankook Spain, who accepted the award on behalf of Hankook, commented: "This recognition, along with the certification obtained for our factory in Hungary, is a significant endorsement for us that we are moving in the right direction. This journey would not be possible without the support of professionals, organisations, and media such as Car and Driver, who value and recognise the importance of sustainability in today's business environment, especially in a sector as sensitive as the automotive industry. We therefore welcome the opportunity to showcase our commitment in this regard, and we are determined to continue taking the lead in initiatives that make a positive contribution to our environment".

ISCC PLUS certifies Hankook's highest sustainability standards

The ISCC PLUS certification endorses and validates Hankook's commitment to environmentally responsible production and management in the Hungarian plant. This milestone is proof of the company's compliance with the highest sustainability standards and its positive contribution to environmental conservation, yet another step towards the target to reach net zero in production and to use 100 percent sustainable materials in its products by 2050.

Hankook has implemented innovative practices to minimise environmental impact, from efficient resource management to the adoption of advanced technologies that reduce carbon emissions. These efforts reflect the company's commitment to sustainability along the value chain.

Caption:

Alejandro Sánchez Monasterio, HR and Financial Manager, Hankook Spain

About Hankook Tire

Hankook Tire manufactures globally innovative, award-winning radial tyres of proven superior quality for passenger cars, light trucks, SUVs, RVs, trucks, and buses as well as motorsports (circuit racing/street circuits/rallies).

Aspiring to bring consumers the utmost excellence in product quality, technological excellence and driving satisfaction, Hankook Tire continuously invests in research and development maintaining five R&D centres and eight production facilities around the world. Bespoke tyre solutions for the European markets as well as European Original Equipment according to the requirements of leading premium car manufacturers, are developed in the company’s regional Technical Centre in Hanover/Germany. Production for the European region is taking place in the state-of-the-art manufacturing site in Rácalmás/Hungary which was inaugurated in June 2007 and is continuously being expanded.

Hankook Tire’s European headquarters are located in Neu-Isenburg near Frankfurt am Main in Germany. The manufacturer operates further branches in several European countries and sells its products through regional distributors in other local markets. Hankook Tire employs approximately 20,000 people worldwide and sells products in over 160 countries. The company has been the technical partner and exclusive tyre supplier of the Generation 3 for the FIA ABB Formula E World Championship since 2023. Internationally leading car manufacturers rely on tyres made by Hankook for their original equipment. Approximately 38 percent of the company's global sales are generated within the European region.

For more information please visit www.hankooktire-mediacenter.com or www.hankooktire.com

Hankook Tire Europe GmbH | Marketing Communications Europe | Siemensstr. 14, 63263 Neu-Isenburg | Germany