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Hankook in the Dow Jones Sustainability Indices World for the seventh time

latestnews by latestnews
December 27, 2022
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Hankook in the Dow Jones Sustainability Indices World for the seventh time
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The premium tire manufacturer Hankook earned its seventh consecutive listing in the esteemed Dow Jones Sustainability Indices (DJSI) for industry-leading sustainability.

A list that includes 326 companies from around the world, representing 12.8% of the top 2,555 companies globally, Hankook is one of the main representatives of the automotive components industry.

The Dow Jones Sustainability Index is the most respected global benchmark for sustainability rating and investing.

It presents the list of the best companies through the comprehensive assessment of the company management activities in terms of financial performance, social contributions, ethical management and environmental management.

The DJSI was developed in 1999 by S&P Dow Jones Indices, the world’s largest financial information company, and S&P Global Switzerland SA (formerly SAM), a global sustainability rating agency.

Just seven years ago Hankook was listed in the DJSI World for the first time

This is the most authoritative sustainability index in the world, the tire brand has obtained the highest score by obtaining excellent ratings in terms of human rights, supply chain management, as well as research and development innovation.

Hankook has improved its reputation in sustainability, its commitment to strengthening ESG management is constant. In 2018, the company defined a strategy for the sustainable supply of natural rubber.

Additionally, the company is a leader in circular economy practices.

This year, the tire specialist has also joined the Science Based Targets Initiative (SBTi) and presented a medium- and long-term greenhouse gas reduction target with the aim of reducing CO2 emissions related to production by 46.2%. production by 2030 compared to 2019.

It also aims to reduce greenhouse gas emissions from the supply chain by 27.5%.

Hankook’s goal for the next few years is high-level sustainability management.

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