Hankook Tire's 'CRS Management' Bears Fruit
'2020 DJSI World' Included for 5 Consecutive Years... Praised by Various International Organizations
[Asia Economy Reporter Kiho Sung] Korea Technology Group (formerly Korea Tire Worldwide)'s 'Corporate Social Responsibility (CSR) management' is bearing fruit. Not only has it been included in the 'Dow Jones Sustainability Index World (DJSI World)' for 5 consecutive years, but its CSR activities are also highly evaluated by various international organizations.
According to the Korea Productivity Center on the 17th, Hankook Tire was included in the '2020 DJSI World' for the 5th consecutive year. Among the top 2,540 global companies, 323 companies, accounting for 12.7%, were selected, and only 17 domestic companies were included. Hankook Tire was the only company selected for the DJSI World in the automotive parts industry group not only in Korea but also among Asian companies. Additionally, it has been included in the Korea and Asia indices for 10 and 8 consecutive years, respectively.
Hankook Tire has continuously invested in CSR management. Since establishing a dedicated CSR organization in 2009, it has operated a CSR Strategy Committee at the top management level and an Operations Committee at the working level to discover and implement tasks for sustainable management. In particular, through over 10 years of activities, it has carried out various social contribution activities, including sharing activities such as supporting vehicles for underprivileged groups reflecting the core business characteristic of 'mobility,' and projects like the 'Endangered Species Conservation Project in the Daejeon Region.'
Recently, it has been conducting activities to secure the economic, environmental, and social sustainability of the natural rubber supply chain. Especially through concrete policies that fundamentally change the lives of natural rubber growers, it is simultaneously improving quality and human rights.
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These efforts by Hankook Tire are internationally recognized. Earlier this year, the '2019/20 CSR Report,' which describes sustainable management activities and achievements, won the top prize, the Gold Award, at the '2020 Galaxy Awards,' a global marketing communication competition hosted by the US-based MerComm.
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