ESG Report 2022-2023 - Flipbook - Page 64
HIGHLIGHTS
INTRO
ESG MANAGEMENT SYSTEM
PRIORITY AREA
APPENDIX
Hankook Tire & Technology ESG Report 2021/22
64
Independent Assurance Statement
Dear stakeholders of Hankook Tire & Technology
statements, disclosures, and internal business reports of
Korea Productivity Center (hereinafter “KPC”) engaged Hankook
the Company. Environmental and social performances were
Tire & Technology Inc. to conduct the independent assurance
verified by checking relevant data and conducting interviews.
of the “ESG Report 2021/22” (hereinafter “the Report”), and
hereby presents our assurance statement as follows;
Responsibility and Independence
Responsibility for information and claims stated in the Report lies
with Hankook Tire & Technology. The assurer is an independent
in accordance with requirements of Comprehensive Options
Material Topic
Disclosures
Economic Performance
201-1~201-4
This assurance statement was issued to the management of
Economic Performance
202-1~202-2
Hankook Tire & Technology in accordance with an engagement
Indirect Economic Impacts
203-1~203-2
Inclusivity: Stakeholder Engagement
contract, and the assurer bears no responsibility, neither solely or
Procurement Practices
204-1
collectively, to indemnify individuals or organizations that make
The assurer found Hankook Tire & Technology classifies its
Anti-corruption
205-1~205-3
decisions on the basis of the independent assurance statement.
stakeholders into key stakeholders(customers, suppliers,
Anti-competitive Behavior
206-1
shareholders and investors, local communities, and employees)
Materials
301-1~301-3
and general stakeholders(the central government, the media,
Energy
302-1~302-5
NGOs and civic groups, competitors, international organizations,
and disclosures under Topic-specific Standards were made on
material topics identified as follows;
institution and is responsible for the assurance statement. We
Verification Methodologies
were not involved in the preparation of the Report and have no
The Report was evaluated by the following methodologies;
Water and Effluents
303-1~303-5
• Check satisfaction of requirements of the GRI Standards, in
Emissions
305-1~305-7
Waste
306-1~306-5
Supplier Environmental Assessment
308-1~308-2
Employment
401-1~401-3
Occupational Health and Safety
403-1~403-10
Training and Education
404-1~404-3
Materiality: Selection and Report of Key Issues
Diversity and Equal Opportunity
405-1~405-2
The assurer found Hankook Tire & Technology selected key
Non-discrimination
406-1
issues through the materiality assessment. The Company
Plant, and the R&D Center, to verify the basis of key data and
Freedom of Association and Collective Bargaining
407-1
analyzed both the external environment through international
information, and internal processes and systems.
Child Labor
408-1
standards analysis, industry peers benchmarking, media
Forced or Compulsory Labor
409-1
research, etc. and the internal environment based on agenda
Conclusion
Supplier Social Assessment
414-1~414-2
In our opinion, the disclosures in the Report provide a fair
Public Policy
415-1
and sincere representation of the sustainability management
Customer Health and Safety
416-1~416-2
activities and performances of Hankook Tire & Technology. We
Customer Privacy
418-1
other relationship with Hankook Tire & Technology which may
impair our independence, than assurance engagement.
Verification Criteria
The Report was evaluated against Type 2 criteria as prescribed
in AA1000AS Version 3 by Accountability. Further, we
checked adherence to the principles of inclusivity, materiality,
responsiveness, and impact in accordance with AA1000 AP
(2018), as well as appropriateness of potential impact of
the activities and performances of the Company. As such,
the effectiveness and reliability of the reporting criteria were
comprehensively reviewed, and the level of verification conforms
to Moderate Level as prescribed in AA1000AS Version 3.
Limitations of Assurance
The assurer verified the reliability of performance data presented
in the Report, based on the scope and boundaries stated above.
Site inspections encompassed the headquarters(Sungnam,
Gyenggi Province), the Gumsan Plant, and the R&D Center.
Financial data was verified on the basis of audited financial
accordance with the “Comprehensive” option.
• Check adherence to the principles of GRI Standards, with
regard to reporting content and quality.
• Conduct media research and benchmarking to check relevance
of selected key issues and contents in the Report.
• Compare with other sources to gauge appropriateness of
contents stated in the Report and errors in expressions.
• Conduct on-site inspections at the headquarters, the Geumsan
also found through our assurance engagement that the Report
satisfies requirements prescribed in Comprehensive Options of
GRI Standards and provides reasonable quality required by Type
2 criteria. Disclosures under Universal Standards were prepared
and local governments), and is engaged in active communication
with its stakeholders by operating channels specific to each
stakeholder group. Stakeholders’ opinions are reflected in
business management and their expectations identified through
stakeholder engagement activities are reviewed in the context
with its strategic directions and tasks.
and meeting minutes of the ESG Strategy Committee, 2021 ESG
vision and mid-to long-term strategies, and material issues over
the last three years. As such, issues to be addressed with priority
were identified in order to promote ESG activities, and activities
and performances associated with each of the key issues are
elaborated in relevant sections in the Report.