ESG Report 2022-2023 - Flipbook - Page 24
HIGHLIGHTS
INTRO
ESG MANAGEMENT SYSTEM
PRIORITY AREA
APPENDIX
Hankook Tire & Technology ESG Report 2021/22
24
Emergency Response
contagious diseases, and wars among others) could hinder its
Mounting importance of roads and tires in line with expanded
Right to suspend work
Other risks in respective ESG areas
availability. Last but not least, the rising demand for natural
autonomous driving ― Autonomous driving is certainly one
rubber, in line with the economic growth of developing
of the key technologies to lead the future automobile market.
For us, health and safety come paramount to all else in our
Risks that could emerge as new social or environmental issues
countries, is set to trigger increases in natural rubber prices
Beginning with Tesla, it is expected that vehicles supporting
operations, and our management officers faithfully perform
or ESG risks that require regular monitoring are placed on the
and its shortages. In short, the tire industry is vulnerable to
Level 5 autonomous driving will enter into the market within the
their due diligence to protect the health and safety of our
mandatory agenda of the eight ESG Steering Committees
natural rubber shortages over the long haul. The rising price of
next several years. An increase in autonomous cars will reduce
team and to ensure zero fatal injuries. To further reinforce our
(Product Environment, SHE, Climate Change, Employee, Ethical
natural rubber may cause significant material cost increases and
the accidents caused by human error, while raising the relative
preparedness for unexpected accidents, injuries, and illnesses,
Management, Corporate Philanthropy, Supplier, and Governance)
deteriorate our profitability in return. Furthermore, any challenge
proportion of accidents attributable to road conditions and
we stipulate accident investigation regulations to protect any
for quarterly reviews and discussions. Response strategies are
in sourcing natural rubber could halt our production line and
tires. Eventually, this will underscore quality issues associated
reoccurrences. In particular, we protect our workers’ right to
developed through the decisions made by the committee chairs.
pose a grave threat to our business operations.
with the braking performance and safety performance of tires.
Hankook Tire & Technology is preparing for the advancement
To respond to natural rubber shortages, we strive to develop
of autonomous driving technology and the resulting market
alternative materials and make natural rubber production more
changes as an emerging risk.
sustainable. First, we are working on sustainable materials that
could potentially replace natural rubber, such as rubber from
To develop tires suitably safe for any road condition, we opened
dandelions and synthetic rubber. Second, we have joined the
the Technoring proving ground to assess tires under wide-
Global Platform for Sustainable Natural Rubber (GPSNR), an
ranging extreme conditions. As Asia’s largest test ground,
organization dedicated to the production of sustainable natural
Technoring provides test tracks that enable us to identify a
rubber, and are supporting natural rubber smallholders with
range of potential issues under varying road conditions. The road
formic acid and knives as part of our CSR activities to improve
hazard detection solution development project that we jointly
the sustainability of natural rubber. Going forward, we will
undertook with SK Planet will also help us develop safe tires in
enhance the traceability of natural rubber to render natural
the future based on our learnings of existing road condition risks.
rubber sourcing more reliable and sustainable.
suspend work as stipulated by law: if urgent risk is imminent,
workers can immediately suspend their work, evacuate, and
Fires, earthquakes, and other natural disasters
report to their supervisor while the work remains suspended
We have achieved multiple certifications, including the
until the risk is addressed through improvement and appropriate
action. The scope of such urgent risks is defined according to
business/worksite conditions, and workers who exercise their
suspension right on reasonable grounds are protected from any
related consequence. Furthermore, we check to ensure that the
concerned risk could not occur in similar work or processes, and
improve conditions to mitigate the odds of the original risk from
reoccurring. We follow up with training and promotion activities
to elevate the awareness of such cases and improve our culture
of safety across the board.
Information security risk
Process Safety Management (PSM) certification, and remain
certified through annual assessments to advance sustainable
management even under such emergencies as fires, explosions,
earthquakes, and blizzards. We also receive biannual legallymandatory fire inspections performed by professional fire
inspectors as well as inspections made by the Korean Fire
Protection Association, the Korea Occupational Safety and
Health Agency and other professional organizations to pursue
improvements and investments. Our Integrated Control
Center employs dedicated SHE personnel to ensure prompt
emergency readiness response, and we do our utmost in
protecting the safety of our staff and our corporate assets. To
Digitalization has given rise to the emergence of critical
help dedicated SHE personnel improve their competency, we
security issues concerning networks, IT systems and data. We
request third-party organizations to conduct training to bolster
remain committed to preventing cybercrimes and protecting
our independent maintenance and repair capabilities to address
customer data from cyber breaches. Security operation tips
in addressing any failures of our fire extinguishing equipment.
are made available at respective worksites so that employees
Joint drills are conducted at least once a year and a range of
can follow the established process in the event of a security
internal fire response exercises are performed to build thorough
incident. Employees handling personal data files are required
preparedness against potential fire risk factors.
to complete mandatory personal data training. Personal data
training addresses the topics of type and scope of personal data
and methods to handle customers’ personal data in business
conduct.