Hyundai Motor Group Ranks No.1 for 8 Consecutive Years as Corporate Social Responsibility Auto Company in China

Hyundai Motor Group announced on the 16th that it has been ranked first in the automotive company sector for eight consecutive years in the "2023 China Corporate Social Responsibility Development Index Evaluation" released by the Chinese Academy of Social Sciences.

The Corporate Social Responsibility Development Index is considered the most authoritative indicator related to corporate social responsibility (CSR) in China. It ranks companies annually based on a comprehensive assessment of their management status and level of information disclosure. Hyundai Motor Group has been ranked first among automotive companies for eight consecutive years since 2016, second among foreign-invested enterprises, and third overall for three consecutive years.

Hyundai Motor Group is conducting the Dream Classroom social contribution activity, providing teaching materials and scholarships to elementary schools in underdeveloped areas in China.
[Photo by Hyundai Motor Group]

In this evaluation, Hyundai Motor Group was highly praised for strengthening ESG (Environmental, Social, and Governance) management in China and continuously engaging in social contribution activities. Earlier, in 2021, the company developed ESG evaluation standards tailored to local conditions. Using these standards, it assessed major local subsidiaries such as Hyundai Motor, Kia, Hyundai Mobis, and Hyundai Wia.

Since 2008, the company has been carrying out the Hyundai Green Zone Project for 15 years to prevent desertification in Inner Mongolia. This year, in August, employees participated in volunteer activities including a public grassland and forest donation ceremony and building eco-friendly guesthouses by renovating abandoned houses. In Beijing, the company opened a Youth Startup Support Center in 2020 to support early-stage companies that contribute to solving local social issues. It also provides teaching materials and scholarships to elementary school students in underdeveloped areas and organizes summer camps for children with cerebral palsy.

Earlier, in August, Hyundai Motor Group was the only automotive company to receive a 5-star rating for four consecutive years in the social responsibility report evaluation announced by the Chinese Academy of Social Sciences.

Public Forest Donation Ceremony held in Xinghe County, Inner Mongolia, China in August this year [Photo by Hyundai Motor Group]

Entrepreneurship lecture held by Hyundai Motor Group's China Youth Startup Support Center at Tsinghua University in China this April
[Photo by Hyundai Motor Group]

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