Hankook Tire Achieves Platinum Grade in EcoVadis CSR Evaluation

[Asia Economy Reporter Kiho Sung] Hankook Tire & Technology (hereinafter Hankook Tire) announced on the 28th that it has received the highest rating of 'Platinum,' awarded to the top 1% of companies, in the 2020 CSR evaluation by EcoVadis, a global sustainability assessment organization.

EcoVadis highly evaluated Hankook Tire for having clear CSR goals, participating in various initiatives for sustainability, and possessing CSR-related policies, awarding it a rating placing it in the top 1% among 353 companies in the rubber product manufacturing sector.

Hankook Tire has set clear CSR goals such as achieving 100% sustainable raw material usage by 2050 and reducing greenhouse gas emissions by 50% compared to 2018. It also participates in various initiatives for corporate sustainability, including the United Nations Global Compact (UNGC), and promotes CSR-related policies such as sustainable natural rubber policies.

EcoVadis is an international organization that evaluates the social performance of over 65,000 companies across 160 countries worldwide. It assesses corporate sustainability on topics such as environment, labor and human rights, and sustainable procurement policies, awarding ratings including Platinum, Gold, Silver, and Bronze.

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