ESG Report 2022-2023 - Flipbook - Page 26
HIGHLIGHTS
INTRO
ESG MANAGEMENT SYSTEM
Materiality Analysis
PRIORITY AREA
APPENDIX
Hankook Tire & Technology ESG Report 2021/22
Materiality Analysis Process
The materiality analysis identifies and assesses a myriad
of environmental, social and governance issues that could
potentially impact our business or stakeholders, and reflects
these issues in setting our strategies, goals, and reporting.
Hankook Tire & Technology identify material issues that require
Step 1
intensive management in consideration of stakeholder interest
Identify relevant
issues and their
significance
Identify
stakeholder
interest
Step 2
Step 3
Prioritize issues
and verify results
and business significance, select reporting topics based on the
identified issues, and report with a focus on the material issues
for their management status and achievements.
We analyzed the metrics of such global sustainability
We reviewed the 24 issues identified in Step 1 for their level
Combining the results of stakeholder interest and business
management initiatives as the GRI* Standards, the DJSI, ISO
of stakeholder interest. External stakeholder interest was
significance, we prioritized 24 issues. The material issues
26000 and the UN Global Compact as well as industry peer
assessed through the issues that brought the attention
identified were matched to each of the Priority Areas so that
benchmarks and media research findings to verify issues
of Hankook Tire & Technology by shareholders, investors,
the issues could be elaborated on.
considered material externally and identify new issues. In
analysists, customers and other varying stakeholders. In
analyzing the internal environment, we reviewed our mid/
2021, overseas car makers were added to the scope of
long-term ESG strategies and key management issues over
external stakeholders to make this process even more
the past three years to create a pool of 24 issues.
meaningful.
* GRI: Global Reorting Initiative
Overview of the Stakeholder Interest Survey
External environment analysis
International
standards analysis
Industry peer
benchmarking
Media research
GRI Standards, DJSI, ISO 26000, UNGC,
UN SDGs, TCFD, SASB, WEF-IBC**, MSCI**,
Ecovadis
Material issues chosen by five companies
1,411 articles populated with the keyword
‘Hankook Tire & Technology’
Internal environment analysis
- ESG Strategy Committee agendas and minutes
- Our ESG vision overview and mid/long-term strategies for 2021
- Key management issues over the past 3 years
** New additions
Period
Respondent
Survey
question
Nov. 29 ~ Dec. 3, 2021
484 internal stakeholders, 416 external stakeholders
Prioritize 24 issues and identify issue-specific costs,
profits and risks
20
484
63
internal
stakeholders
13 9 5
24
issues identified
416
external
stakeholders
106
● Customers (general public) ● Business partners (distributors/dealers)
● Business partners (suppliers) ● Shareholders/investors/analysts
● Research/ESG institutes ● Customers (car makers) ● NGO/NPO
200
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