ESG Report 2022-2023 - Flipbook - Page 77
HIGHLIGHTS
INTRO
ESG MANAGEMENT SYSTEM
PRIORITY AREA
Hankook Tire & Technology ESG Report 2022/23
APPENDIX
77
Independent Assurance Statement
Dear Stakeholders of Hankook Tire & Technology
The Korea Productivity Center (hereinafter “KPC”) engaged with
Limitations of Assurance
Verification Conclusion
Responsiveness: Organizational Response to Issues
Hankook Tire & Technology Inc. to conduct the independent
The assurer verified the reliability of performance data presented
Hankook Tire & Technology's report is considered to be in
Hankook Tire & Technology identified the key issues affecting the
assurance of the “ESG Report 2022/23” (hereinafter “the Report”)
in the Report, based on the scope and boundaries stated above.
accordance with the GRI Standards and follows the four principles
performance of its stakeholders and has carried out sustainability
and hereby presents our assurance statement as follows.
Site inspections encompassed the headquarters (Sungnam-si,
set out in the AA1000 AP (2018).
management activities to address them. Its responses to major
stakeholder expectations are communicated through the ESG
Gyenggi Province) and the R&D Center (Yuseong-gu, Daejeon).
Responsibility and Independence
Financial data were verified on the basis of audited financial
Inclusivity: Stakeholder Engagement
Report and the corporate website. The Company set clear
Responsibility for information and claims stated in the Report lies
statements, disclosures, and internal business reports of the
The assurer found Hankook Tire & Technology classifies its
goals to address the issues suggested by the stakeholders, and
with Hankook Tire & Technology. The assurer is an independent
Company. Environmental and social performances were verified
stakeholders into key stakeholders (customers, suppliers,
the result of its activities taken accordingly was disclosed with
institution and is responsible for the assurance statement. We
by checking the relevant data and conducting interviews.
shareholders and investors, local communities, and employees)
transparency.
were not involved in the preparation of the Report, and we have
This assurance statement was issued to the management of
and general stakeholders (the central government, the media,
no other relationship with Hankook Tire & Technology, which may
Hankook Tire & Technology in accordance with an engagement
NGOs and civic groups, competitors, international organizations,
impair our independence, other than assurance engagement.
contract, and the assurer bears no responsibility, neither solely or
and local governments), and is engaged in active communication
collectively, to indemnify individuals or organizations that make
with its stakeholders by operating channels specific to each
Impact: Impact on Society
decisions on the basis of the independent assurance statement.
stakeholder group. Stakeholders’ opinions are reflected in
Hankook Tire & Technology is aware of the social and
business management and their expectations identified through
environmental impact of its management activities and the key
Verification Criteria
The Report was evaluated against Type 2 criteria as prescribed
Website
in AA1000AS Version 3 by accountability. Further, we
Verification Methodologies
stakeholder engagement activities are reviewed in the context
issues pointed out by its stakeholders, and has taken actions to
checked adherence to the principles of inclusivity, materiality,
The Report was evaluated by the following methodologies:
with its strategic directions and tasks.
respond. The impacts of the material issues were analyzed in
responsiveness, and impact in accordance with AA1000 AP
•Confirmed that it was reporting in accordance with the GRI
(2018), as well as the appropriateness of the 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.
Standards
•Checked adherence to the principles of GRI Standards, with
regard to reporting content and quality
terms of revenue, cost, and risk, and the result of the analysis
Materiality: Selection and Report of Key Issues
was reflected in its decision-making process to set ESG strategies
The assurer found Hankook Tire & Technology selected key issues
and disclosed through the Report.
through the materiality assessment. The Company analyzed
•Conducted media research and benchmarking analysis, along
both the external environment through international standards
with stakeholder surveys, to assess the appropriateness of the
analysis, industry peers benchmarking, media research, etc.,
selection and description of key issues addressed in the report
and the internal environment based on the agenda and meeting
•Compared with other sources to gauge appropriateness of the
minutes of the ESG Strategy Committee, ESG vision and mid-to
contents stated in the Report and errors in expressions
long-term strategies, and material issues over the last three years.
•Conducted on-site inspections of the headquarters and the
As such, issues to be addressed with priority were identified in
R&D Center, to verify the basis of key data and information,
order to promote ESG activities, and activities and performances
and internal processes and systems
associated with each of the key issues are elaborated in relevant
sections in the Report.