ESG Report 2022-2023 - Flipbook - Page 15
HIGHLIGHTS
INTRO
ESG MANAGEMENT SYSTEM
ESG Management System
PRIORITY AREA
APPENDIX
Hankook Tire & Technology has operated ESG committees since
2010 as the highest decision-making body to integrate ESG
activities into the daily business operations of its employees.
The ESG Steering Committees play a pivotal role in consistently
undertaking ESG activities, and our ESG implementation
Hankook Tire & Technology ESG Report 2021/22
ESG Implementation System: Composition and Roles
- Comprised of members from senior management to decide on
company-wide ESG directions and issues
Chief Administrative Officer
EST Strategy Committee is operated under the leadership of
Korean Business Headquarters
responsible executives to align ESG activities with our daily
Head of Safe Production & Engineering Staff Office
operations. The ESG Team analyzes the feedback from internal/
Chief Innovation Office
CEO
Chief Technology Office
Chief Strategy & Marketing Officer
third-party organizations, and benchmarks of leading companies
Head of European Headquarters
to advice respective Steering Committees on the strategic
Head of Chinese Headquarters
implementation directions necessary to generate non-financial
Head of North America Headquarters
performance. In 2021, we established the ESG Committee
under the Board of Directors and appointed an independent
director to chair the Committee to pursue balance in our ESG
management. We also promote mutual communication between
ESG Steering Committee
the Committee and our company-wide ESG implementation
- Comprised of division heads or responsible executives in each focus
area to develop and implement ESG plans
- Share ESG issues and discuss solutions
strategies and operations.
specifics of ESG, which is emerging as a key agenda of business
management, as well as domestic/international ESG trends,
while identifying insightful implications. The Committee also
addressed the topic of ‘carbon neutrality’ which is quickly
Steering Committees, and the ESG working-level council. The
system to gather third-party opinions and reflect them into our
ESG Strategy Committee meetings held in 2021
The ESG Strategy Committee met in 2021 to share the
ESG Strategy Committee
system consists of the ESG Strategy Committee, eight ESG
external stakeholders, the results of ESG assessments made by
becoming a top priority for businesses, civic organizations
and countries the world over, to discuss the way forward and
relevant initiatives. The Status Session was used to discuss
the needed improvements on the DJSI assessment results,
along with sustainable brand alignment strategies while the
Operational Direction Session served as a platform to discuss
annual plans and issues for each Steering Committee.
Date
March 17, 2021
Attendees
Chair and members of the ESG Strategy Committee
Chairs of the ESG Steering Committees
1. Trend
1) ESG as an emerging agenda
2) Era of carbon neutrality
3) Dissemination of responsible investing
2. Status
1) DJSI 2020 Review
2) Sustainable Brands
Product Environment Committee
SHE Committee
Hankook Tire & Technology’s ESG Management System
Highest ESG
Decision-making Body
Climate Change Committee
Ethics Management Committee
Corporate Philanthropy Committee
Review and propose agenda items
Supplier Committee
Deliberate and decide on strategies
and agenda items
Governance Committee
ESG Strategy Committee
ESG Implementation System
Agenda
Employee Committee
The ESG Committee under the BOD
Report the progress made
Review performance/offer feedback
Present annual ESG strategic directions
ESG Steering Committee
ESG Team
Review/
Support
15
ESG Working-level Council
- Share and consult on key issues among respective committees
Coordinators from 8 Steering Committees
3.
Operational
Directions
1) Operational directions of each ESG
Committee
2) Discussion