ESG Report 2022-2023 - Flipbook - Page 34
HIGHLIGHTS
INTRO
ESG MANAGEMENT SYSTEM
Use of Sustainable Materials
Hankook Tire & Technology explores and applies eco-friendly
materials to reduce its environmental impact in the tire use
PRIORITY AREA
APPENDIX
Hankook Tire & Technology ESG Report 2021/22
Reduction of Environmental Impact in
the Tire Development and Raw Material
Acquisition Stage
34
LCA* Implementation
Promoting eco-design through LCA
Life Cycle Assessments (LCA) are performed to analyze any
potential environmental impacts our operations may induce
into action to mitigate adverse environmental impacts. In
Exploring eco-friendly materials and their application
technologies
actively opting for sustainable materials, we help mitigate
We work on multiple fronts to prevent the depletion of raw
the phase of acquiring raw materials for tires all the way to the
the depletion of natural resources and reduce our carbon
materials and reduce the carbon emissions generated from the
emissions.
raw material acquisition process. Notably, our Geumsan Plant
and raw material acquisition phases, translating eco designs
achieved the global eco-friendly certification ISCC PLUS* as
the first in the tire industry to do so in 2021. The ISCC PLUS
recognized the Plant’s efforts to replace petroleum-based oil
with one that is natural and synthetic rubber, which is also
derived from petrochemicals, with biochemical alternatives
(bio-based polymers). Using eco-friendly materials certified as
such, we released the all-weather product Kinergy 4S2 and its
SUV version Kinergy 4S 2 X which are unique for their optimal
(climate change, eutrophication, particulate matter, etc.) from
final disposal of tires. We have been performing LCA since 2012:
LCA are conducted in developing new products to predict the
potential environmental impact our products may have and
explore multiple options to lower the environmental impact to
evaluate the benefits of increased efficiency. As the official tire
supplier for the ABB FIA Formula E World Championship for
the 2022~2023 season of this EV race competition, Hankook
Tire & Technology has performed LCA on its Formula E tires. In
so doing, we are able to assess the GHG emissions generated
throughout the entire lifecycle of our tires and identify and
performance in virtually any kind of weather condition - from
improve on the factors that significantly impact GHG emissions.
summer rainstorms to wintery snow-packed roads. Furthermore,
* LCA: Life Cycle Assessment
we develop recyclable or renewable raw materials which can
potentially replace their conventional petroleum/mineral-based
counterparts to bolster our competitive edge in sustainable
material technology. Our aim is to make the transition from
conventional silica extracted from minerals to renewable silica
made from plant-based waste. We also strive to use more
recycled rubber extracted from end-of-life tires and renewable
carbon to reduce the carbon emissions that stem from the
acquisition of tire raw materials. Going forward, we will seek
out sustainable materials and increase our consumption of
these materials to truly live up to our eco design philosophy and
reduce adverse environmental impacts.
* ISCC(International Sustainability & Carbon Certification) PLUS: International
certification program to verify the use of eco-friendly raw materials along the entire
product manufacturing process