Kumho Tire Wins Grand Prize for South Korea at 2021 ARC Awards in the US

Kumho Tire won the 'Korea Grand Prize' for its '2020 Annual Report' at the '2021 ARC Awards,' a global annual and sustainability report evaluation competition, on the 16th.

Photo by Kumho Tire

[Asia Economy Reporter Ki-min Lee] Kumho Tire announced on the 16th that it won the 'Korea Grand Prize' at the '2021 ARC Awards,' a global annual and sustainability report evaluation competition, for its '2020 Annual Report.'

The ARC Awards, hosted by MerComm, a corporate communications specialist company in the United States, comprehensively evaluate and award entries each year based on originality, quality, design, and other criteria. This year marked the 35th edition of the competition, with 1,875 entries submitted from 28 countries.

Among them, 52 works from 12 regions including Korea, Austria, China, Germany, Hong Kong, Japan, and the United States were selected as Grand Winners.

The Kumho Tire 2020 Annual Report was consistently designed according to Kumho Tire's vision of 'Your Smart Mobility Partner' and was evaluated for effectively visualizing the company's management performance and future direction in an easy-to-understand manner, thereby effectively communicating with stakeholders and the public.

Jung Il-taek, President of Kumho Tire, said, "We were able to achieve good results by visually reflecting the values Kumho Tire pursues and the performance of financial activities in the annual report so that stakeholders can easily understand them. We will continue to lead sustainable management by facilitating smooth communication with various stakeholders through annual reports and sustainability reports."

Kumho Tire was also selected for the grand prize at the '2021 LACP Spotlight Awards' with its '2020 Sustainability Management Report' based on ESG management.

This content was produced with the assistance of AI translation services.