Hyundai Steel Publishes Industry's First 'Digital-Based' Integrated Report
[Asia Economy Reporter Hwang Yoon-joo] Hyundai Steel published its integrated report "2021 Beyond Steel" on the 24th, reflecting its commitment to sustainable management.
Hyundai Steel included three major goals in the integrated report: "circular economy, sustainable society, and responsible business." Along with this, by sharing achievements and value realization in the environmental, social, and governance sectors, the company declared the establishment of an ESG (Environmental, Social, Governance) system that meets global standards.
The most notable feature of this integrated report is that it was created as a digital-based Web Report, the first among steel companies.
The integrated report is implemented as a "responsive web" that automatically adjusts the webpage size according to the device accessed, allowing convenient access on all devices (computers, mobile phones, tablets, etc.). Additionally, a separate communication channel was established to greatly enhance accessibility to ESG information, enabling stakeholders to provide feedback more conveniently.
Users can download the entire integrated report and ESG data by sector through the Web Report, and view all quantified data by sector and year.
Furthermore, by fully converting the integrated report, which was previously published in print, to a digital platform, Hyundai Steel is participating in "reducing carbon footprint" by cutting carbon emissions generated during paper production and printing processes.
Andong-il, CEO of Hyundai Steel, stated through the integrated report, "In the past, corporate competitiveness was determined by sensitivity to changes in industrial structure and market conditions, but now consensus on social value is becoming an essential factor. All employees will do their best for the sustainable future of the company."
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Meanwhile, Hyundai Steel's integrated report won the Gold Award at the "LACP Vision Awards" hosted by the League of American Communications Professionals (LACP) in March. Hyundai Steel's digital integrated report is accessible to anyone via the internet.
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