ESG policy - Hankook Tire ESG | Hankook Tire Global go to main prd

Hankook Tire ESG

Hankook Tire & Technology continues to develop and fully implement various ESG policies in each field to achieve mid- to long-term ESG goals.

  • Ethical Management Policy

    Hankook Tire & Technology is committed to ethical management as a global company, contributes to enhancing corporate value and national standing, fulfills its social responsibilities, and pursues sustainable growth together with all stakeholders, including customers, shareholders, business partners, workers, local communities, and the environment.

    We actively adhere to and implement the following Ethical Management Principles as the standards for value judgment and conduct.

    1. 1. Compliance with Laws and Principles
    2. We faithfully comply with applicable domestic and international laws, regulations, and international conventions and practice ethical and transparent management.
    3. 2. Respect for Customers
    4. We place customers as our top priority and strive to provide safe, high-quality products and services, thereby earning customer trust and satisfaction.
    5. 3. Trust of Shareholders and Investors
    6. We enhance the value of shareholders and investors and secure long-term trust through rational and responsible decision-making.
    7. 4. Respect for Workers and Fair Opportunities
    8. We provide equal and fair opportunities to all workers, respect diversity and inclusion, and support self-realization.
      We also foster innovative and efficient working environments to create safe, healthy, and fulfilling workplaces.
    9. 5. Protection of the Environment and Human Rights
    10. We protect the environment and contribute to addressing climate change, while respecting human rights and preventing violations in all business activities.
    11. 6. Responsibility to Local Communities and Global Society
    12. We respect the laws and cultures of the countries and regions in which we operate and contribute to the development of local communities and the sustainability of the global society.
    13. 7. Information Protection and Responsible Management
    14. We safely protect personal data and corporate information and maintain a responsible approach in the use of digital technologies and emerging technologies.
    15. 8. Ethical Leadership and Practice
    16. All workers, including executives and employees, are expected to lead by example and practice ethical behavior.
    17. Where violations occur, we respond promptly and establish a sound ethical culture through internal reporting mechanisms and whistleblower protection systems.
  • Environmental Management Policy

    Hankook Tire & Technology places the environment at the core of its management principles. By establishing and implementing an environment-centered management system, we are committed to protecting the global environment and creating an environmentally friendly and sustainable future.

    Environmental Management Principles

    1. - We voluntarily comply with applicable domestic and international environmental laws, regulations, agreements, and other relevant requirements and actively implement environmental improvement initiatives related to our business activities.
    2. - We identify and assess factors that have significant environmental impacts arising from our business activities, set objectives accordingly, and implement actions to minimize such impacts.
    3. - To minimize environmental impacts, we protect the environment by eliminating risk factors and reducing environmental risks through environmental investments and operational improvements.
    4. - We promote the efficient use of resources and recycling to reduce environmental impacts associated with resource consumption.
    5. - We conduct education and capacity-building activities to enhance workers’ understanding and capabilities related to the environmental management system and transparently disclose and communicate our policies and environmental performance to stakeholders.
    6. - We establish and implement environmental management plans to fulfill and advance our environmental commitments to stakeholders and pursue continuous improvement.
    7. All workers, including executives and employees, shall understand and comply with this Environmental Management Policy and fulfill their respective responsibilities accordingly.

    Fundamental Principles

    Environmental management system

    1. 1. An ESG Committee under the Board of Directors is established to deliberate and decide on key matters related to the implementation of environmental management policies and the improvement of environmental performance.
    2. 2. An ESG Strategy Committee composed of top management discusses and determines company-wide environmental management directions and key environmental issues

    Protection of the Global Environment

    1. 1. We make continuous efforts and investments to protect the future of the global environment.

    Environmental Management at Business Sites

    To minimize environmental impacts at our business sites, we progressively reduce the input of resources required in the manufacturing process, expand recycling and resource recovery, and prevent the release of hazardous and polluting substances.

    1. 1. We establish various environmental objectives and strive to achieve them in order to implement environmental management practices.
    2. 2. We minimize energy consumption and reduce greenhouse gas emissions by improving energy efficiency and expanding the use of renewable energy.
    3. 3. We review environmental and health impacts to ensure the safe use of chemical substances and properly dispose of them in compliance with applicable laws after use.
    4. 4. We strictly manage waste in accordance with legal standards and reduce waste generation through recycling and other resource recovery initiatives.
    5. 5. We minimize adverse impacts on the surrounding environment, including water pollution, air pollution, soil contamination, and waste generation, arising from product manufacturing activities.

    Water Resource Protection

    Recognizing water as an essential resource for humanity and ecosystems, we manage water pollutants based on internal standards stricter than legal requirements and make efforts to protect water resources by recycling water used in production processes.

    1. 1. We manage water withdrawal related to products and services and reduce overall water consumption.
    2. 2. We expand the reuse and recycling of water to conserve water resources.
    3. 3. We minimize environmental impacts through the proper treatment of wastewater and water quality management arising from production activities.

    Product Responsibility

    We recognize the environment as a critical management factor for corporate sustainability and acknowledge responsibility not only for environmental impacts during manufacturing but also for those arising during product use.
    From the product design stage onward, we continuously conduct research to reduce environmental impacts by considering the entire product life cycle.

    1. 1. From the development stage, we identify potential environmental impacts across the entire life cycle of products and services and strive to improve them.
    2. 2. We develop and manufacture products that promote sustainability through the use of sustainable raw materials and improvements in fuel efficiency, noise reduction, and durability during product use.

    Climate Change

    Recognizing climate change as an urgent global challenge with severe impacts on humanity and ecosystems, we strive to fulfill our corporate roles and responsibilities.
    We support the Paris Agreement and will participate in global efforts to limit the increase in global temperatures to within 1.5°C by reducing greenhouse gas emissions and implementing climate change adaptation measures.

    1. 1. We minimize energy consumption and reduce greenhouse gas emissions by improving energy efficiency across our operations.
    2. 2. We reduce greenhouse gas emissions through the transition to renewable energy and the use of environmentally friendly energy sources.
    3. 3. We reduce greenhouse gas emissions through the introduction of innovative emission reduction technologies.

    Supply Chain Management

    We recognize that environmental impacts arising within the supply chain for product manufacturing are also our responsibility and work in cooperation with suppliers to reduce the environmental impacts of supplied products and services.

    1. 1. We conduct environmental and sustainability assessments when entering into contracts with suppliers and reflect assessment results in procurement decision-making.
    2. 2. We identify optimal transportation distances and select appropriate modes of transportation to reduce environmental impacts arising from the transportation of raw materials and products.

    Compliance Evaluation

    We establish policies and mid- to long-term performance targets for environmental factors that may impact the environment through business activities and regularly review progress to reduce environmental impacts.

    1. 1. We proactively identify and seek to reduce environmental impacts that may arise from the industries related to our business activities through cooperation with business partners.
    2. 2. We conduct environmental due diligence during mergers and acquisitions to identify and minimize environmental risks.

    [Hankook Tire & Technology Environmental Targets]

    Strategic Direction Mid- to Long-Term Targets
    Reduction of Greenhouse Gas Emissions • Achieve carbon neutrality by 2050
    • Reduce greenhouse gas emissions by 46.2% by 2030 (compared to 2019 levels)
    Minimization of Environmental Impacts • Reduce water consumption per unit by 30% by 2030 (compared to 2018 levels)
    • Reduce waste generation per unit by 30% by 2030 (compared to 2018 levels)

    Communication

    To ensure transparent disclosure of environmental impacts and related activities arising from our business operations, we actively communicate with stakeholders.

    1. 1. We continuously engage and communicate with internal and external stakeholders, including government authorities, workers, and suppliers, to assess and reduce environmental impacts arising from corporate activities.
  • Safety and Health Management Policy

    Hankook & Tire Technology establishes this Safety and Health Policy based on its management principle of prioritizing safety and health. Through the elimination of risk factors across all business operations and the effective implementation of preventive and protective measures, we aim to minimize safety and health risks, provide a safe and healthy working environment, and contribute to the well-being and quality of life of all individuals.

    Safety and Health Management Principles

    1. - We recognize safety and health management as a top priority within our management strategy and continuously carry out activities to prevent all occupational injuries and work-related illnesses.
    2. - We establish and faithfully implement internal management standards that comply with applicable safety and health laws, regulations, and other relevant requirements.
    3. - We assess safety and health impacts, set safety and health objectives, and pursue continuous review and improvement through systematic implementation.
    4. - We ensure the safety and health of all workers by eliminating hazards and reducing safety and health risks, and actively promote continuous improvement of the safety and health management system, including education and training.
    5. - We establish communication systems with workers, worker representatives, and all relevant stakeholders to provide information and encourage consultation and participation in safety and health management activities.
    6. - This Safety and Health Policy applies not only to workers of Hankook Tire & Technology but also to contractors, external partners, and all individuals engaged in work-related activities.
    7. All workers, including executives and employees, shall understand and comply with this Safety and Health Policy and fulfill their respective responsibilities in establishing and maintaining an effective safety and health management framework.

    Safety and Health Fundamental Principles

    Safety and Health Management Responsibilities

    1. Responsibility for preventing and responding to accidents lies with the relevant organization and its reporting line.
      All workers, including executives and employees, have a responsibility to work without causing safety accidents from their first day of employment.

    Responsible Compliance with Rules and Standards

    1. 1. Hankook Tire & Technology establishes safety-related rules and standards and provides training on them, and all workers, including executives and employees, shall strictly comply with such rules and standards.
    2. 2. All policies and principles apply not only to workers of Hankook Tire & Technology but also to contractors, external partners, and all individuals engaged in work-related activities.
    3. 3. We comply with international standards, applicable laws and regulations, internal rules, and collective agreements related to safety and health. Key internal requirements include the following:
    4. - Appropriate personal protective equipment (PPE) shall be provided based on work processes, and workers shall wear the required PPE while performing their duties.
    5. - Regular emergency response drills shall be conducted to ensure prompt response in the event of emergencies and fires.
    6. - Safety rules and procedures shall be followed when operating hazardous machinery/equipment and when using chemical substances.
    7. - In the event of an accident, accident investigations shall be conducted in accordance with relevant procedures, and efforts shall be made to prevent recurrence.
    8. - For tasks involving musculoskeletal risks, the Company conducts hazard factor assessments to improve work methods and environments, and workers shall perform their work safely in accordance with internal rules.

    Safety and Health Risk Management

    1. 1. All workers, including executives and employees, shall make efforts to identify potential hazards in advance, and Hankook Tire & Technology shall take actions to improve and mitigate such hazards.
    2. 2. We continuously improve hazardous risk factors to protect the safety and health of all workers, including those of suppliers and partners working on-site.
    3. 3. We recognize safety outside working hours as equally important as safety during working hours.
    4. 4. Workplace risks are managed through a risk assessment system. Identified risks are addressed by setting priorities, establishing action plans, and implementing improvements.

    Continuous Improvement

    1. 1. We strive to develop technologies to achieve optimal safety and health management.
    2. 2. We advance the safety and health management system through continuous improvement of systems and processes.
    3. 3. Management and all workers, including executives and employees, make ongoing efforts to continuously improve the safety and health management system.
    4. 4. We establish and operate quantitative targets and implementation plans to improve safety and health performance indicators.

    Stakeholder Communication

    1. 1. To enable consultation and participation with workers and worker representatives regarding safety and health issues, we operate and manage various communication channels such as the Occupational Safety and Health Committee and safety and health consultative bodies.
    2. 2. Through the SHE Committee under the Board of Directors, we ensure oversight of the implementation of safety and health management policies.
  • Supplier Code of Conduct

    Hankook Tire & Technology (hereinafter referred to as “we”) pursues sound and sustainable growth together with all stakeholders, including customers, business partners, shareholders, local communities, and workers, by fulfilling our corporate social responsibilities. Based on the principles of integrity and ethical management, we uphold our Code of Ethics as the standard for value judgment and conduct and strive to put these principles into practice.

    Hankook Tire & Technology operates an ESG Committee under the Board of Directors, an ESG Strategy Committee chaired by the Chief Executive Officer, and a Supplier Committee under the ESG Strategy Committee to oversee the establishment and implementation of ESG policies and to systematically monitor compliance and ethical management across the entire supply chain.

    To promote shared growth with our Suppliers, Hankook Tire & Technology shares this Supplier Code of Conduct with our Suppliers and expects our Suppliers to respect and comply with its requirements. This Code applies not only to Hankook Tire & Technology’s suppliers and their employees, but also to agencies, representatives, and contractors that have contractual relationships with Hankook Tire & Technology, as well as all lower-tier suppliers without a direct contractual relationship (collectively referred to as “Suppliers”).

    Hankook Tire & Technology distributes this Code of Conduct to Suppliers prior to entering into a business relationship. We expect our Suppliers to familiarize themselves with the contents of this Code, share it with and provide training to their employees, and support compliance.

    1. Compliance with Laws, Regulations, and Codes of Ethics

    1. 1.1) Hankook Tire & Technology expects our Suppliers to comply with all applicable laws and regulations of the countries and regions in which they operate.
    2. 1.2) We expect our Suppliers to align not only with their own codes of ethics but also with Hankook Tire & Technology’s Supplier Code of Conduct.
    3. 1.3) We fulfill our corporate social responsibility by transparently disclosing ESG performance to stakeholders. For this purpose, we may request that Suppliers submit performance data, participate in due diligence, or take other necessary actions. All such requests and procedures are expected to be conducted in compliance with applicable local laws and regulations.
    4. (1) Hankook Tire & Technology may request information from Suppliers, including policies, programs, progress updates, and final performance results. In such cases, any information provided by Suppliers is expected to be used solely for ESG evaluation purposes and handled in accordance with each Supplier’s information security policies.
    5. (2) Where we determine that on-site audits are necessary, we may request a site visit and will provide prior notice to the Supplier.
    6. (3) In connection with ESG assessments and audits conducted by Hankook Tire & Technology, we expect our Suppliers to submit accurate and complete information in a timely manner. If any violation of applicable laws, relevant regulations, or this Supplier Code of Conduct occurs or is likely to occur, we expect our Suppliers to promptly notify Hankook Tire & Technology.
      If false information is submitted during ESG assessments or audits, or if violations result in significant social or environmental impacts, the business relationship with us may be subject to appropriate measures, which may include suspension or termination of the business relationship, depending on severity.

    2. Anti-corruption and Anti-bribery

    1. 2.1) Hankook Tire & Technology expects our Suppliers to comply with relevant anti-corruption and anti-bribery laws, including, but not limited to, the Improper Solicitation and Graft Act, the U.S. Foreign Corrupt Practices Act (FCPA), the U.K. Bribery Act, and applicable local laws in the countries and regions where they operate.
    2. 2.2) We expect our Suppliers not to, under any circumstances, offer, promise, give, authorize, solicit, or accept bribes, improper payments, gifts, or anything of value to or from any individual or entity.
    3. 2.3) We expect our Suppliers not to directly or indirectly provide bribes or improper benefits to government officials or public institutions for the purpose of influencing decisions, securing improper advantages, or obtaining commercial benefits.
    4. 2.4) We expect our Suppliers not to offer or accept gifts, entertainment, hospitality, donations, sponsorships, or travel expenses to or from government entities, Hankook Tire & Technology, or other stakeholders in excess of limits permitted by applicable laws and Hankook Tire & Technology’s policies.
      (We recommend our Suppliers follow applicable thresholds and internal approval procedures.)
    5. 2.5) We expect our Suppliers not to engage in embezzlement, misappropriation, or any other form of improper acquisition for the purpose of obtaining unfair or improper benefits.
    6. 2.6) We expect our Suppliers to maintain accurate books and records and ensure transparent disclosure and reporting in accordance with applicable laws and regulations, thereby fulfilling their financial accountability.
    7. 2.7) We expect our Suppliers to respect international trade requirements, including export controls on strategic materials and applicable economic sanctions.
    8. 2.8) We expect our Suppliers to establish and implement monitoring processes to minimize the risk of counterfeit parts or materials being included in products supplied.
    9. 2.9) We expect our Suppliers to take appropriate measures, in accordance with applicable laws and internal regulations, against employees who violate anti-corruption and anti-bribery requirements.

    3. Respecting and Protecting Human Rights

    1. 3.1) Principles and Scope of Application
    2. Hankook Tire & Technology expects our Suppliers to support and respect internationally recognized human rights principles and to proactively prevent and manage any involvement in human rights violations throughout their business activities. We expect our Suppliers to comply with all applicable laws and regulations of the countries and regions in which they operate and place the highest priority on human dignity, human values, equality, and non-discrimination.
      This Code of Conduct applies to all Suppliers across the entire supply chain, including tier-1 and all lower-tier suppliers. We expect our Suppliers to communicate these standards to their subcontractors through contracts or internal policies and encourage alignment with equivalent or higher standards.
    3. 3.2) Reference Standards
    4. We expect our Suppliers to respect and implement internationally recognized human rights standards, including the International Bill of Human Rights, the principles of the United Nations Global Compact (UNGC), the UN Guiding Principles on Business and Human Rights (UNGP), the OECD Guidelines for Multinational Enterprises, and the UN Convention on the Rights of the Child.
      We expect our Suppliers to also comply with labor laws and relevant regulations of the countries in which they operate. Where local laws conflict with international standards, we encourage our Suppliers to seek ways to apply the higher standard to the extent possible.
    5. 3.3) Human Rights Due Diligence
    6. We expect our Suppliers to establish and operate a human rights due diligence process to identify, prevent, mitigate, and remediate adverse human rights impacts on stakeholders, including workers.
      Human rights due diligence is recommended to include, at a minimum, risk identification, improvement actions, monitoring, internal and external communication, and grievance and remediation procedures. We expect our Suppliers to document the results of due diligence activities, including corrective action plans and implementation status, and to provide relevant information upon Hankook Tire & Technology’s request.
    7. 3.4) Risk Identification
    8. We expect our Suppliers to prioritize identified human rights risks based on severity, significance, and likelihood, and establish and implement corrective action plans (CAPs) that clearly define timelines, responsible persons, and specific actions.
      In the event that critical issues are identified, we expect our Suppliers to take immediate actions to eliminate risks and report the results without delay. We encourage our Suppliers to regularly report implementation progress and cooperate with follow-up verification by Hankook Tire & Technology, including document reviews and on-site re-audits. Relevant records are expected to be retained for at least the period required by applicable laws or contracts.
      We recommend that our Suppliers conduct regular training on human rights policies, procedures, reporting channels, and remediation mechanisms, and designate responsible departments or individuals.
    9. 3.5) Risk Improvement and Monitoring
    10. We expect our Suppliers to implement corrective actions for identified risks based on priority and continuously monitor effectiveness. In the case of critical human rights issues, immediate risk mitigation and reporting of outcomes are expected.
      We encourage our Suppliers to provide regular updates on implementation status and cooperate with Hankook Tire & Technology’s follow-up verification processes, including document reviews and on-site inspections. Records related to risk management are expected to be retained in accordance with applicable legal or contractual requirements. We recommend that our Suppliers provide regular training on human rights policies, procedures, and grievance mechanisms and assign responsible organizations and personnel.
    11. 3.6) Human Rights Grievance Channels
    12. We expect our Suppliers to operate internal grievance mechanisms that are accessible to all workers and stakeholders and ensure anonymity, confidentiality, and protection against retaliation.
      We encourage our Suppliers to inform workers of the availability of Hankook Tire & Technology’s grievance channel set forth in Article 10, Supplier Grievance Mechanism and Corrective Actions. Where non-compliance with human rights principles or potential violations occur or are suspected within the supply chain, Suppliers may report such cases through their internal channels and, simultaneously, through Hankook Tire & Technology’s reporting channel.
    13. 3.7) Human Rights Basic principles
    14. We expect our Suppliers to comply with the “Basic Principles” set out in Article 5 of Hankook Tire & Technology’s Human Rights Policy, including the prohibition of forced labor and child labor, non-discrimination and anti-harassment, freedom of association and collective bargaining, compliance with working conditions and livelihood stability, responsible supply chain management, protection of community rights, and personal information protection.

    4. Safety & Health Management

    1. 4.1) Hankook Tire & Technology expects our Suppliers to comply with all applicable occupational safety and health laws and regulations of the countries and regions in which they operate and establish and implement their own safety and health policies and procedures. Such standards and procedures are expected to be communicated and shared in a language understood by workers.
    2. 4.2) We expect our Suppliers to prioritize worker safety under all circumstances and prohibit any work, processes, or activities that do not comply with applicable safety rules, standards, or laws..
    3. 4.3) We expect our Suppliers to provide a safe, hygienic, and healthy working environment, including, at a minimum, the following:
    4. (1) Personal protective equipment and safety training
      (2) Emergency response training
      (3) First-aid kits
      (4) Fire extinguishers and emergency exits
      (5) Adequate ventilation
      (6) Appropriate temperature control
      (7) Adequate lighting
      (8) Safe drinking water
      (9) Washing and hygiene facilities
      (10) Appropriate seating
      (11) Changing, storage, and drying facilities (where workwear is used)
      (12) Hygienic dining facilities
      (13) Safe and appropriate dormitories (where provided)
      (14) Accessible and clean restrooms
    5. 4.4) We expect our Suppliers to prohibit the use, possession, distribution, or sale of illegal drugs at all workplaces.
    6. 4.5) In the event of an accident or incident, we expect our Suppliers to conduct root cause analysis (RCA) and implement corrective and preventive actions (CAPA) with defined timelines, including measures to prevent recurrence.
    7. 4.6) We expect our Suppliers to classify, label, prepare, maintain, and provide Safety Data Sheets (SDS) for chemical substances in accordance with applicable laws and regulations and ensure that workers receive training in a language they understand. Where management of change (MOC) is required due to the introduction of new substances or changes to facilities, processes, or operations, we expect our Suppliers to conduct hazard and risk assessments in advance, establish and document control measures, and reflect them in actual operations.
      For operations located in the Republic of Korea, we expect our Suppliers to comply with legally required prior submission, registration, and reporting procedures related to chemical substances (e.g., new chemical substance requirements and submission deadlines). For overseas operations, we expect our Suppliers to comply with equivalent local standards, including the Globally Harmonized System of Classification and Labelling of Chemicals (GHS). We expect our Suppliers to also establish and operate procedures for responding to and reporting emergency exposure or leakage incidents.
    8. 4.7) Safety and Health Governance, Worker Participation, and Contractor Management
      We encourage our Suppliers to establish an occupational safety and health management system in accordance with applicable laws (e.g., a system equivalent to ISO 45001), operate safety and health committees or worker participation procedures, and fulfill contractor and subcontractor safety management obligations. This includes conducting joint risk assessments, sharing safety information, and managing on-site safety for contracted, subcontracted, or outsourced work.
      For operations located in the Republic of Korea, we expect our Suppliers to comply with all obligations under the Occupational Safety and Health Act and its Enforcement Decree.
    9. 4.8) Compliance with the Serious Accidents Punishment Act
      For operations located in the Republic of Korea, Hankook Tire & Technology expects our Suppliers to comply with the Act on the Punishment of Serious Accidents and related subordinate regulations. In the event of a serious accident, we expect our Suppliers to immediately suspend the relevant work, evacuate workers from the affected area, and promptly report the incident to the Minister of Employment and Labor and other relevant authorities, in accordance with applicable laws.
    10. 4.9) Notification of Violations
      If a Supplier is subject to business suspension, administrative sanctions, fines, or criminal convictions due to violations of safety and health laws or regulations, the Supplier is expected to notify us in accordance with the notification criteria set forth in Article 1.3 of this Code of Conduct.

    5. Environmental Management & Greenhouse Gas (GHG) Management

    1. 5.1) Hankook Tire & Technology expects our Suppliers to comply with all applicable environmental laws and regulations in the countries and regions where they operate and obtain, maintain, and renew all required environmental permits, licenses, and registrations.
    2. 5.2) We expect our Suppliers to make continuous efforts to reduce negative environmental impacts arising from their business activities, including the following:
    3. (1) Prevention and reduction of air, water, soil, and groundwater pollution, and the safe management and disposal of waste, hazardous substances, and noise
    4. (2) Expansion of renewable energy use and reduction of greenhouse gas emissions across the value chain, including the establishment of GHG inventories (Scope 1, 2, and, where applicable, Scope 3) and the development of emission reduction roadmaps
    5. (3) Utilization of energy-efficient and environmentally friendly technologies
    6. (4) Conservation of resources through reduction, reuse, and recycling, and substitution with renewable or sustainable materials where feasible
    7. (5) Conservation of biodiversity and prevention of damage caused by land use, including compliance with no-deforestation principles
    8. (6) Compliance with national and international regulations related to animal welfare and animal testing
    9. 5.3) If a Supplier is subject to administrative sanctions, fines, or criminal convictions due to violations of environmental laws or regulations, the Supplier is expected to notify us in accordance with the notification criteria set forth in Article 1.3 of this Code of Conduct.

    6. Responsible Minerals

    1. 6.1) Conflict Minerals
    2. Hankook Tire & Technology and our Suppliers exercise due diligence throughout the entire supply chain to ensure that raw materials are not sourced from conflict-affected and high-risk areas where human rights are severely threatened.
      Hankook Tire & Technology expects our Suppliers not to use minerals mined in conflict regions in the materials or products supplied to us and to provide verifiable documentation on the origin of such minerals upon request. Where necessary, we may conduct due diligence or audits of Suppliers in relation to conflict minerals.
    3. 6.2) Responsible Minerals
    4. We expect our Suppliers to comply with applicable regulations, including Section 1502 of the U.S. Dodd-Frank Wall Street Reform and Consumer Protection Act and the European Union Regulation (EU) 2017/821, and fulfill their responsibilities as responsible corporate citizens.
      We encourage our Suppliers to ensure that the extraction and trade of minerals do not support armed conflict, human rights violations, or environmental destruction and to promote responsible mineral sourcing practices throughout the supply chain.
      For the purposes of this Code, minerals sourced from conflict-affected and high-risk areas—including tin, tantalum, tungsten, gold, cobalt, nickel, mica, graphite, lithium, and copper—are defined as responsible minerals, and we encourage our Suppliers to exercise due diligence to ensure responsible sourcing.

    7. Protecting Confidentiality, Personal Data and Intellectual Property

    1. 7.1) Hankook Tire & Technology expects our Suppliers to protect personal data, financial information, health information, and other sensitive data of workers, suppliers, and customers in accordance with applicable data protection laws and regulations, including the General Data Protection Regulation (GDPR) and relevant domestic laws. We expect our Suppliers to establish and operate internal policies and controls for data protection.
    2. 7.2) We expect our Suppliers to collect and use personal data only for legitimate purposes and to the minimum extent necessary, and to comply with the principles of purpose limitation, data minimization, retention periods, and secure disposal.
    3. 7.3) We encourage our Suppliers to establish and maintain appropriate controls to protect intellectual property, trade secrets, trademarks, and confidential information. Such controls are recommended to include access management, encryption, logging, vulnerability management, and incident response measures as part of a robust cybersecurity framework.
    4. 7.4) We expect our Suppliers to handle confidential information provided by us in a lawful manner and in accordance with applicable laws and contractual agreements with Hankook Tire & Technology.
    5. 7.5) In the event of a personal data breach, ransomware attack, or other significant cybersecurity incident, or where there is a reasonable concern of such an incident, Hankook Tire & Technology expects our Suppliers to notify us without delay (and, where applicable, within 24 hours), and cooperate in investigation, containment, and recovery efforts. External disclosures, notifications to authorities, and communications with data subjects are expected to be made in accordance with Hankook Tire & Technology’s instructions.

    8. Conflict of Interest

    1. 8.1) Hankook Tire & Technology expects our Suppliers and their workers to disclose in advance any actual or potential conflicts of interest that may arise in connection with business relationships with us and take appropriate measures to avoid or mitigate such conflicts. Where avoidance is not feasible, appropriate exclusion or mitigation measures are encouraged to be applied.
    2. 8.2) Where a family member or close relative of any of our workers, including executives and employees, is employed by a Supplier, or where any other circumstance exists that may give rise to a conflict of interest, such matters are expected to be promptly reported through the appropriate ethics, compliance, or legal channels. We may take measures such as reassignment of responsibilities to prevent conflicts of interest.

    9. Fair Competition & Antitrust

    1. 9.1) Hankook Tire & Technology expects our Suppliers to comply with all applicable competition and antitrust laws and regulations and not seek improper advantages through unfair or illegal means.
    2. 9.2) We expect our Suppliers to prohibit cartel-related practices, including price fixing, bid rigging, and the allocation of markets or customers. We expect our Suppliers to also prohibit the improper exchange of competitively sensitive information (e.g., false statements or information theft) and not obtain confidential information without the consent of the rightful owner.
    3. 9.3) We expect our Suppliers to ensure that workers and contracted parties are fully informed of the above requirements and to accurately share and provide education and training on relevant laws and regulations.
      If a Supplier violates applicable fair competition or antitrust laws or regulations, the Supplier is expected to notify us in accordance with the notification criteria set forth in Article 1.3 of this Code of Conduct.

    10. Supplier Grievance Mechanism & Corrective Actions

    1. 10.1) Operation of Grievance Mechanisms
    2. Hankook Tire & Technology expects Suppliers to establish and operate grievance mechanisms that allow for consultation, raising concerns, and reporting violations related to ethics, environment, labor and human rights, and health and safety.
      Such grievance mechanisms are expected to be accessible, confidential, and designed to ensure timely, fair, and effective handling of reports. The mechanisms are expected to be aligned with the effectiveness criteria set forth in the UN Guiding Principles on Business and Human Rights (UNGP) and allow for the reporting of infringements on individual rights or legitimate interests.
    3. 10.2) Anonymity, Confidentiality, and Non-Retaliation
    4. We expect our Suppliers to protect the identity of reporters, including anonymous whistleblowers, and to prohibit any form of retaliation, such as dismissal, threats, or harassment.
      All reports are expected to be handled promptly and fairly in accordance with applicable laws and procedures. We will ensure strict confidentiality with respect to all reports and inquiries received.
    5. 10.3) Establishment, Communication, and Training on Reporting Channels
    6. We expect our Suppliers to establish appropriate internal and external reporting channels through which violations or potential violations may be reported.
      We recommend our Suppliers regularly communicate reporting procedures, protection measures, and responsible departments in a language understood by workers and to provide training on such procedures at least once per year.
    7. ※ Representative Reporting Channel
    8. Where there is a suspected or potential violation of this Code of Conduct by Suppliers or their employees, or by any executives, employees, or other workers of Hankook Tire & Technology, such matters shall be reported without delay through the following channels:
    9. * Ethics Management Reporting Email : ethics@hankookn.com
    10. 10.4) Investigation Procedures and Corrective and Remedial Actions
    11. Where a grievance is received, Hankook Tire & Technology expects our Suppliers to establish and operate procedures covering the following steps: receipt → fact-finding investigation → determination → corrective and remedial actions → prevention of recurrence.
      Where a Supplier’s business activities have caused or contributed to adverse impacts on supply chain sustainability, Suppliers are encouraged to provide appropriate corrective and remedial actions, taking into account the severity of harm, the rights of affected parties, and the importance of fair and effective remediation. Such actions may include, but are not limited to, suspension or mitigation of activities, restoration or compensation, engagement of third-party mediation where appropriate, and measures to prevent recurrence.
      In determining corrective and remedial actions, meaningful consultation is encouraged to be conducted with affected parties or their legitimate representatives.
    12. 10.5) Extension to Lower-Tier Suppliers
    13. Tier-1 Suppliers are encouraged to incorporate this grievance mechanism and corrective action framework into their own internal policies and to promote and manage equivalent or higher standards throughout lower-tier suppliers (tier-n).

    11. Additional Requirements

    1. 11.1) Hankook Tire & Technology expects our Suppliers to provide regular training on the contents of this Supplier Code of Conduct to all workers, including full-time, part-time, dispatched, outsourced, and subcontracted workers, at least once per year.
    2. 11.2) For the sustainability of the entire supply chain, tier-1 Suppliers are encouraged to establish their own supplier codes of conduct and encourage lower-tier suppliers (tier-n) to comply with equivalent or higher standards. Tier-1 Suppliers are encouraged to implement appropriate measures to ensure compliance, including the retention of relevant evidence and documentation.
  • Sustainable Natural Rubber Policy

    1. 0. Mission
      • Hankook Tire makes constant efforts for economic, social and environmental sustainability of the natural rubber chain.
    2. 1. Background
      • About 85 percent of rubber trees are grown by smallholders. As industrial rubber demand increases due to world population growth and improvements in the quality of life, it is expected that economic, social and environmental issues will arise.
      • Hankook Tire is a tire manufacturer that does not own any natural rubber farms or processing facilities. As such, we aim to propose and execute joint activities with other members of the natural rubber chain and join global efforts such as GPSNR to establish a sustainable natural rubber chain.
    3. 2. Natural Rubber Chain
      • 1) Producers: Farmers, organizations and entities who are producing natural rubber, excluding Smallholder Producers.
      • 2) Smallholder producers: Natural rubber farmers, with all following characteristics.
        • A. The primary source of income for the smallholder is the farm (not only Natural Rubber);
        • B. The Natural Rubber production unit size is less than 50ha (although the farm may be larger); and
        • C. Profits from the farm accrue primarily to the owner of the farm and their family.
      • 3) Dealers: Entities that purchase and collect natural rubber from growers and sell it to processors.
      • 4) Processors: Entities that process primary sources of natural rubber raw materials into natural rubber products.
      • 5) Traders: Entities that buy and sell natural rubber involving physically handling or storing physical material.
      • 6) Manufacturers: Companies who buy and process natural rubber in order to produce finished products that contain natural rubber.
    4. 3. Sustainable Natural Rubber Policy (referred to as Policy hereafter)
      • 1) Support for raising growers’ living standards through improving productivity and quality of natural rubber
        • (1) We, Hankook Tire, will increase its material efficiency trying to identify the most suitable cultivation practices (such as effective improvement of plant breeding and development of agricultural techniques, etc.) and encourage growers to receive training (such as using productive fertilizers, or appropriate tapping techniques, etc.).
      • 2) Demand for compliance with laws and regulations, and code of ethics
      • 3) Demand for respecting and protecting human rights
        • (1) We demand compliance with Hankook Tire’s Declaration of Human Rights(https://www.hankooktire.com/global/sustainability/policy/human-rights-policy.html), which observes the principles of the UN Guiding Principles on Business and Human Rights and the Fundamental Conventions of the International Labour Organization.
        • (2) We demand the recognition of the rights of indigenous people and local communities in compliance with the UN Declaration on the Rights of Indigenous Peoples
          • A. We demand the recognition of traditional rights of access to hunt and harvest animals and plants for the sake of survival, and indigenous, cultural and religious traditions, customs and rituals.
          • B. We demand the recognition and protection of the customary, traditional, and communal land tenure rights of indigenous people and local communities.
          • C. For activities that can influence indigenous peoples and local communities (IP/LC), FPIC (Free, Prior, and Informed Consent) is obtained in accordance with the methodology prescribed in the UN-REDD (2012) Guidelines on FPIC. If we cause or have caused harm to the lands, territories, rights, or resources of IP/LC without securing FPIC, we take measures to remedy such issue through a mutually agreeable process. Implementation will be jointly monitored by the community and the GPSNR member and/or by mutually agreed third party(ies).
          • D. We demand the operation of sustainable, effective, and culturally appropriate dialogue channels with indigenous people and local communities.
        • (3) We demand support for proper living environments and food security, and respect and support for the economic, social, and cultural rights regarding community livelihoods.
      • 4) Demand for activities to support environmental protection and the least negative impact on the environment of supply chain partners
        • (1) We demand the prevention of deforestation and the degradation of high conservation values (HCV) in the production and procurement process for natural rubber, and if deforestation or degradation of HCV is confirmed to have taken place after April 1, 2019, sourcing will be prohibited. Identification and management of areas for development and conservation will comply with methodologies and guidelines that observe the High Carbon Stock Approach (HCSA) and HCV Approach.
        • (2) We demand the prohibition of burning/fire for the purpose of land preparation, land management, waste disposal, etc.
        • (3) We demand a prohibition on development or procurement of peatland farming of natural rubber.
        • (4) We demand the protection and restoration of natural forests and ecosystems, along with rare, threatened, endangered and critically endangered species, and wildlife.
        • (5) We demand that water resources be conserved including through the prevention of water pollution caused by the use of pesticides and industrial chemicals, erosion, and sedimentation during the production and procurement of natural rubber.
        • (6) We demand that soil be conserved through the prevention of soil erosion, nutrient deficiency, ground subsidence, and pollution during the production and procurement of natural rubber.
        • (7) We are committed to minimizing and mitigating GHG emissions and energy usage.
      • 5) Efforts to prevent resource depletion and maintain sustainability
        • (1) We aim to reduce the use of natural resources by improving manufacturing processes, tire quality, raw materials, etc.
      • 6) We track the complex and diverse natural rubber supply chain from growers to manufacturers, at a minimum to an appropriate jurisdictional level, to identify and purchase materials that comply with GPSNR policies, in order to know the conformance of purchased materials with GPSNR Policy Components.
    5. 4. Implementation of the Policy and compliance with it
      • 1) We formulate plans for the implementation of the Policy.
        • (1) Goals and policies to achieve those targets are approved by the ESG Strategy Committee, with the participation of the CEO, and are embedded into the company’s decision-making processes. The targets must reflect timebound and geographic-specific features and all policy provisions and approved targets should be disclosed.
        • (2) Monitor implementation progress and performance to the Supplier Committee, which is chaired by the Purchasing Director, once every quarter.
      • 2) We actively support the Policy compliance of supply chain partners through incentives, training, purchasing monitoring, etc.
        • (1) We propose guidelines for fulfilling the Policy requirements to suppliers and reflect them in contracts and when participating in activities, etc.
        • (2) Natural rubber suppliers that deal with material produced and processed in accordance and conformance with the GPSNR Policy Components will be preferred.
      • 3) We conduct a supply chain assessment at least once every two years.
        • (1) Based on the supply chain assessment, we will prioritize risk mitigation actions for social and environmental risks that are identified.
        • (2) We formulate time-bound implementation plans for the compliance of suppliers who do not adhere to the elements of the Policy.
        • (3) We construct processes to integrate information from stakeholders on our suppliers’ compliance with the Policy.
        • (4) If there are significant negative social and environmental impacts resulting from non-compliance, transactions may be discontinued.
        • (5) We, Hankook Tire, promise to develop our ESG assessment tools constantly.
      • 4) We disclose the plans and achievements of our sustainable natural rubber policy in a transparent and faithful manner at least once every year.
      • 5) To offer opportunities for feedback and suggestions related to our policy fulfillment, we actively communicate with stakeholders regularly.
      • 6) We support multi-stakeholder planning and policy efforts that uphold the GPSNR principles at a landscape, jurisdictional or other spatial level.
  • Global Sustainable Purchasing Policy

    Hankook Tire & Technology (hereinafter referred to as “we”) recognizes the importance of sustainable supply chain management. Through this Policy, we aim to minimize supply chain risks, build a sustainable supply chain together with our Suppliers, and strengthen partnerships to jointly realize the future of mobility.


    Hankook Tire & Technology applies this Policy to all suppliers that conduct business with Hankook Tire & Technology’s globally connected operations. Hankook Tire & Technology reviews and revises this Policy as necessary to reflect changes in international standards, laws and regulations, regulatory frameworks, and supply chain risks. We transparently disclose any revised Policy to stakeholders through the Company’s website and other appropriate channels. All revisions are finalized upon approval by the Board of Directors and senior management.

    1. Sustainable Raw Material Sourcing and Environmental Impact Minimization

    1. 1.1) Scope and Principles
    2. Hankook Tire & Technology seeks to minimize environmental and social impacts throughout the entire lifecycle of raw and auxiliary material sourcing and use. This Policy applies to the Company and all Suppliers across the supply chain, including tier-1 and all lower-tier suppliers.
    3. We expect our Suppliers to avoid sourcing practices that cause illegal environmental damage or pollution and to comply with applicable national, regional, and local laws. We maintain management systems aligned with international standards to enhance transparency and accountability across the supply chain.
    4. 1.2) Biodiversity Conservation
    5. Hankook Tire & Technology expects our Suppliers not to source raw materials from areas of high biodiversity importance and not to engage in sourcing practices that cause deforestation, forest degradation, or the destruction of peatlands.
    6. 1.3) Climate and Energy Transition
    7. Hankook Tire & Technology establishes and implements greenhouse gas reduction targets aligned with the Science Based Targets initiative (SBTi) across the supply chain in support of the Paris Agreement.
    8. We aim to achieve net-zero emissions by 2050 and source 100% sustainable raw materials. We continuously promote improvements in energy efficiency and the expanded use of renewable energy across the supply chain.
    9. 1.4) Resource Efficiency, Pollution Reduction, and Circular Economy
    10. Hankook Tire & Technology works to conserve water resources and prevent water and soil pollution, minimize air pollutant emissions, and identify and mitigate risks that may impact local communities and ecosystems, including noise and vibration.
    11. We strive to minimize unnecessary resource use and emissions of hazardous substances and waste, while promoting a circular economy through the expanded use of bio-based and recycled raw and auxiliary materials.
    12. 1.5) Transparency, Corrective Actions, and Supply Chain Requirements
    13. Hankook Tire & Technology expects our Suppliers to provide detailed information on the origin and sourcing locations of raw materials. We prioritize third-party verification based on global standards such as ISCC PLUS and ISO 14001 to enhance traceability and credibility. We continuously identify and monitor potential environmental impacts, and where adverse impacts are identified, we promptly implement preventive, mitigation, and corrective actions.
    14. We expect our tier-1 Suppliers to apply and manage this Policy across lower-tier suppliers at an equivalent or higher level. We expect our Suppliers to retain and submit relevant compliance evidence and data and, where necessary, cooperate with verification activities, including document reviews and on-site inspections.

    2. Respect for Human Rights and Labor Rights

    1. Hankook Tire & Technology integrates respect for human rights and labor rights into its purchasing and supplier management practices and is committed to preventing involvement in human rights violations throughout its value chain.
    2. We comply with applicable laws and regulations in all countries where we operate and place the highest priority on human dignity, human values, equality, and non-discrimination.
    3. We respect and support internationally recognized human rights standards, including the International Bill of Human Rights, the principles of the United Nations Global Compact (UNGC), the UN Guiding Principles on Business and Human Rights (UNGP), the OECD Guidelines for Multinational Enterprises, and the UN Convention on the Rights of the Child. We seek ways to apply the higher standard to the extent possible where local laws conflict with international standards.
    4. 2.1) Human Rights Due Diligence
    5. Hankook Tire & Technology requires and expects its suppliers to establish and operate human rights due diligence processes to identify, prevent, mitigate, and remediate adverse human rights impacts on stakeholders, including workers.
      We expect such due diligence to include, at a minimum, risk identification, improvement actions and monitoring, internal and external communication, and grievance and remediation procedures.
    6. 2.2) Risk Identification
    7. We identify and evaluate human rights risks across the supply chain using stakeholder engagement outcomes, country/industry/region risk indicators, grievance data, and prior assessment results. We expect our Suppliers to cooperate in assessments and provide relevant information as requested based on this analysis.
    8. 2.3) Risk Improvement and Monitoring
    9. We prioritize identified human rights risks based on severity, significance, and likelihood and requires appropriate corrective actions to be implemented where necessary.
    10. Where critical issues are identified, we expect suppliers to take immediate corrective actions. We monitor the implementation status and effectiveness of such actions through our supplier governance and management processes.
    11. 2.4) Human Rights Grievance Channels
    12. We operate and maintains grievance channels to prevent and address human rights violations within the supply chain.
    13. We expect our Suppliers to ensure that Suppliers and their employees and other relevant stakeholders are informed of available grievance mechanisms and to cooperate with grievance handling processes, including internal mechanisms and, where appropriate, Hankook Tire & Technology’s grievance channel.
    14. 2.5) Fundamental Human Rights Principles
    15. We expect our Suppliers to comply with the “Basic Principles” set out in Article 5 of Hankook Tire & Technology’s Human Rights Policy, including the prohibition of forced labor and child labor, non-discrimination and anti-harassment, freedom of association and collective bargaining, compliance with working conditions and livelihood stability, responsible supply chain management, protection of community rights, and personal information protection.

    3. Respect for Land Use Rights

    1. Hankook Tire & Technology requires all Suppliers to strictly comply with applicable laws and regulations related to land acquisition, land use, and development in the countries where they operate.
    2. We expect our Suppliers to respect local communities and the environment in the process of acquiring, using, or developing land and to secure land use rights through legitimate and transparent procedures. Where violations of land use laws or rights are identified, Hankook Tire & Technology may review the business relationship and take appropriate corrective or remedial measures.

    4. Prohibition of Misconduct

    1. Hankook Tire & Technology applies a zero-tolerance policy toward corruption, bribery, and any other forms of misconduct throughout its supply chain.
    2. We are committed to ensuring free and fair competition and reserve the right to take necessary and appropriate measures to remediate harm where anti-competitive or unethical practices are identified.
    3. Where misconduct is identified or suspected, all relevant parties are required to report such matters without delay through the grievance mechanisms set forth in Article 8 of this Policy. Reporters shall be protected in accordance with the principles of confidentiality and non-retaliation.

    5. Hankook Tire & Technology Supplier Management Process

    Hankook Tire & Technology operates a structured supplier management process to integrate sustainability considerations into procurement decisions and supply chain management.

    Process Details
    Commitment to the Supplier Code of Conduct • We require suppliers to annually commit to and comply with the Supplier Code of Conduct.
    • The Supplier Committee reviews the Code of Conduct on a regular basis and assesses alignment with newly emerging ESG requirements.
    Supplier ESG Assessment and Due Diligence • We conduct regular ESG assessments and due diligence for suppliers to identify and evaluate sustainability-related risks.
    Identification and Management of Key Suppliers • We identify suppliers with significant impact on production as key suppliers and manage them with enhanced oversight.
    • The list of key suppliers is reviewed and updated annually based on risk exposure and materiality.
    Support for ESG Risk Improvement • Based on assessment results, we require suppliers with elevated risks to establish and implement improvement plans and continuously monitor progress.
    • Where a supplier receives an ESG grade of “C” for three consecutive assessment years, we may require corrective actions and grant an improvement period of up to six months. Failure to implement required improvements may result in termination of the business relationship.
    • Conversely, suppliers demonstrating strong ESG performance may be granted incentives, such as higher advance payment ratios or preferential consideration in sourcing decisions.
    Supplier ESG Training and Capacity Building • We provide ESG-related training and capacity-building programs to support suppliers in strengthening their sustainability management capabilities.
    Governance and Board-Level Oversight • The Supplier Committee establishes ambitious ESG initiatives on an annual basis and reports implementation plans and performance outcomes to the Board of Directors.
    • Key issues arising from procurement and supply chain activities are also reported to the Board to ensure effective oversight and shared responsibility.

    6. Training and Disclosure

    1. 6.1) Training
    2. Hankook Tire & Technology provides training programs to ensure that employees understand the importance of sustainable purchasing and are able to effectively integrate sustainability considerations into their daily procurement and supplier management activities.
    3. Through such training, we strengthen sustainability awareness and build the capabilities required to implement sustainable purchasing practices.
    4. 6.2) Disclosure
    5. Hankook Tire & Technology discloses information on our sustainable purchasing policies, performance targets, and implementation status through appropriate channels, including ESG reports and our website.
    6. Such disclosures are updated on a regular basis to ensure transparency and enable stakeholders to clearly understand Hankook Tire & Technology’s sustainability efforts and commitments.

    7. Confidentiality and Information Security

    1. 7.1) Confidentiality
    2. Hankook Tire & Technology processes confidential information and personal data only to the minimum extent necessary and within the defined purpose. We prohibit external disclosure or provision without prior consent or a legal basis.
    3. 7.2) Information Security
    4. We manage access to information based on the principle of least privilege and grant, review, and revoke access rights on a regular basis.
    5. We implement encryption for sensitive information during storage and transmission and operate continuous controls, including log monitoring, vulnerability management, and physical security measures.
    6. Personal data is processed in compliance with applicable laws, including consent and notice requirements, and is securely destroyed using irreversible methods upon expiration of the retention period. Where cross-border data transfers are required, we comply with all applicable legal requirements.
    7. In the event of a suspected or confirmed security incident, we require immediate reporting, in principle within 24 hours, and prompt implementation of containment, investigation, legally required notifications, and recurrence prevention measures.

    8. Grievance Handling

    1. 8.1) Receipt of Grievances
    2. Hankook Tire & Technology operates channels through all workers including executives and employees and other individuals or organizations may report procurement-related grievances or concerns.
    3. ※ Representative Reporting Channels
    4. ㆍ Global : https://www.hankookandcompany.com/en/misconduct-reporting/misconduct-reporting-guide.do
      ㆍ Korea : https://www.hankookandcompany.com/ko/misconduct-reporting/misconduct-reporting-guide.do
      ㆍ Ethics Reporting Email: ethics@hankookn.com
    5. 8.2) Handling and Escalation
    6. Response measures are determined based on court precedents, regulatory guidance, and internal practices. Where a reported case involves a high likelihood of legal or regulatory violations, potential impacts on community rights, or significant reputational risks, response measures may be discussed at senior management or Board level.
    7. 8.3) Protection of Reporters
    8. We expect our Suppliers to collect and use personal data only to the minimum extent necessary for legitimate purposes and to comply with the principles of purpose limitation, data minimization, retention, and secure disposal.
  • Social Contribution Charter

    Sound corporate activities are valuable social contribution activities. Hankook Tire & Technology offers a solution for the company and local community to co-prosper through social contribution activities that will allow corporate capabilities to create social values.

    Declaration

    1. 1. Hankook Tire & Technology shall continue to create social and environmental values through economic and corporate activities and contribute towards revitalizing the local economy.
    2. 2. Hankook Tire & Technology shall fully practice contribution activities for quality satisfaction and customer safety with customer-oriented management activities.
    3. 3. Hankook Tire & Technology shall further enhance its efforts to minimize our environmental impact throughout its business activities and fully take part in conserving the local society and environment.
    4. 4. Hankook Tire & Technology shall remain entirely dedicated towards supporting the socially underprivileged or the equivalent, such as the disadvantaged in the local community, through the active return of created values to society.
    5. 5. Based on the fundamental philosophy of respect for human beings, Hankook Tire & Technology shall be at the forefront of building a healthy society by managing the health of its employees and providing medical support to local communities.

    Characteristics and orientation

    1. 1. Hankook Tire & Technology's social contribution activities maximize the interconnection with its core businesses as part of its efforts to ensure that corporate capabilities result in social values.
    2. 2. Hankook Tire & Technology's social contribution activities refrain from engaging in any inconsistent and aimless activities and focus the company-wide capabilities on its leading social contribution programs.
    3. 3. Hankook Tire & Technology's social contribution activities set the orientation for practical solutions to the pending issues and problems surrounding local communities.
  • Human Rights Policy

    Hankook Tire & Technology supports and respects internationally recognized human rights principles and is committed to ensuring that we are not complicit in human rights abuses throughout our entire business operations. We firmly recognize that human rights as a universal value of humanity and are dedicated to embedding these values into all aspects of our management and operations.


    As a socially responsible corporate citizen, we comply with the laws of each country where we operate and contribute to the healthy development of society by respecting and protecting human rights. We place the highest priority on human dignity and value, fulfilling our responsibility to promote and uphold human rights throughout all business activities.


    To fulfill our responsibility to respect human rights, we uphold and adhere to internationally recognized labor and human rights standards, including the International Bill of Human Rights, the principles of the UN Global Compact, the UN Guiding Principles on Business and Human Rights (UNGPs), the OECD Guidelines for Multinational Enterprises, and the UN Convention on the Rights of the Child. While we strictly comply with local labor laws of all countries of operation, in cases where local laws conflict with international standards, we seek ways to apply the higher standard to the extent possible.

    1. Scope of Application

    1. This policy applies to all stakeholders connected to Hankook Tire & Technology through its business activities. We are committed to preventing and addressing adverse human rights impacts on all stakeholders throughout our value chain, including all workers at our global operations (permanent, contract, temporary, foreign, and migrant workers, etc.) as well as employees of our suppliers and business partners, our customers, and local communities. Furthermore, we expect our suppliers and business partners to adhere to this policy and to ensure that their own suppliers and subcontractors also respect these standards.

    2. Governance

    1. The ESG Committee under the Board of Directors, the highest decision-making body for ESG at Hankook Tire & Technology, oversees ESG management activities, including ESG policies, goals, and performance. The ESG Strategy Committee, composed of senior management, establishes the strategic direction for key ESG priorities, including human rights management. Together, the Board-level ESG Committee and the executive-level ESG Strategy Committee play a vital role in supervising the overall human rights management system and deliberating on major human rights issues.
    2. The Executive & Employee Committee convenes three times a year to review the implementation of human rights management, including strategies, processes, key indicators, target setting, and performance. Composed of executives and working-level representatives from relevant functions such as HR, Corporate Culture, and ESG, the committee drives the continuous improvements and effective operation of the human rights management system.

    3. Human Rights Due Diligence

    1. Hankook Tire & Technology has established a Human Rights Due Diligence process to identify, prevent, and remediate adverse human rights impacts on our workers and stakeholders. Through this process —which encompasses risk identification, improvement activities and monitoring, internal and external communication, and grievance and remediation procedures—we proactively detect human rights risks and protect human rights by implementing targeted improvement initiatives for such risks.
    2. 3.1) Risk Identification & Assessment
      We identify human rights risk factors that may arise throughout our business operations and supply chains and evaluate their potential impact on stakeholders. To ensure a comprehensive analysis, we assess risks using both indirect data—such as stakeholder communication, risk exposure by country, industry, and region, and emerging issues—and direct data, including grievance reports, stakeholder feedback, and historical audit results. Based on these insights, we determine vulnerable stakeholder groups and select priority targets for assessment.
      For these targets, we provide evaluation indicators and guidelines to conduct desktop assessments, followed by the establishment of improvement plans based on the results. Representative examples include the annual Worker Human Rights Impact Assessment and Supplier ESG Evaluation. If the desktop assessment results indicate the need for further verification of specific risks, we may conduct on-site due diligence measures such as interviews, physical inspections, and system audits.
    3. 3.2) Risk Mitigation and Monitoring
      We prioritize identified human rights risks by comprehensively analyzing their significance, severity and likelihood. Subsequently, relevant working-level departments establish and implement corrective action plans. For suppliers, immediate corrective action is mandated for critical issues. The Employee Committee continuously monitors the implementation status and effectiveness of these measures to ensure root cause remediation and mitigate adverse impacts.

    4. Grievance Mechanism

    1. Hankook Tire & Technology operates Grievance channels accessible to all stakeholders to proactively prevent and address human rights violations. If you witness non-compliance with human rights principles or cases of human rights violations, please report them through our dedicated channels. We are committed to seeking the best remedial actions for such reported cases, ensuring remediation for affected parties, and establishing recurrence prevention plans.

      Furthermore, critical issues are escalated to top management for the discussion of remediation plans. The identity of the reporter and the content of the report are kept strictly confidential and maintain a zero-tolerance policy against retaliation or any form of disadvantages toward the informant.
    2. 1) Human Rights Issue Reporting Channel & Handling Procedure
    3. (1) Ethical Management Reporting Channel https://www.hankooktire.com/global/en/misconduct-reporting/misconduct-reporting-guide.html
    4. (2) Reports Handling Procedure:
    5. [Receipt] → [Investigation] → [Resolution & Closure] → [Verification]
    6. Step 1. Receipt: Official registration of the report.
    7. Step 2. Fact-finding Investigation: Objective verification of facts and evidence.
    8. Step 3. Resolution & Closure: Implementation of remedial actions and closing of the case.
    9. Step 4. Verification of Results: Monitoring effectiveness and preventing recurrence.

    5. Basic Principles

    1. 5.1) Prohibition of Forced Labor
    2. (1) Principle: We strictly prohibit any form of forced labor that unreasonably restricts an individual’s mental or physical freedom.
    3. (2) Management Areas
    4. - Prohibition of all forms of involuntary labor—including debt bondage, forced overtime, forced prison labor, human trafficking, and modern slavery—that go against free will.
      - Prohibition of withholding original personal documents, such as passports and identification cards.
      - Prohibition of imposing recruitment fees on workers.
      - Guarantee of freedom of movement and access to rest facilities, dormitories, and restrooms.
      - Provision of important documents, such as labor contracts, wage deduction details, and regulations, in a language understood by workers.
      - Guarantee of the freedom to resign (or terminate employment).
      - Prohibition of utilizing supply chains involved in forced labor and implementation of regular monitoring.
    5. 5.2) Prohibition of Child Labor
    6. (1) Principle: We comply with the minimum employment age defined by local laws and regulations in each country and region and strictly prohibit child labor.
    7. (2) Management Areas
    8. - Prohibition of employing children under the age of 15.
      - For young workers under the age of 18, prohibit assignment to night shifts, overtime work or duties that are hazardous to their safety and health, where such assignment would violate local laws.
      - Implementation of age verification procedures during the recruitment process.
    9. 5.3) Prohibition of Discrimination and Harassment
    10. (1) Principle: We prohibit all forms of discrimination and respect Diversity, Equity, and Inclusion (DEI). Furthermore, we are committed to protecting workers from workplace harassment and sexual harassment, and we implement protection and remedial measures should any such incidents occur.
    11. (2) Management Areas
    12. - Prohibition of discrimination based on race, age, gender, nationality, ethnicity, disability, religion, pregnancy, union membership, marital status, social status, sexual orientation, political opinion, family status, physical condition, or medical history(disease).
      - Provision of equal working conditions throughout the entire employment lifecycle, including recruitment, job assignments, promotion, training, wages, benefits, and separation.
      - Payment of wages to both women and men based on equal criteria, and prohibition of all forms of gender-based discrimination.
      - Commitment to respecting Diversity, Equity, and Inclusion (DEI) and fostering a culture of DEI.
      - Prohibition of all forms of workplace harassment—including physical, psychological, and verbal abuse—and the protection of workers.
      - Prohibition of all acts that cause sexual humiliation or discomfort, including workplace sexual harassment.
      - Operation of victim protection and remedial systems in the event of an occurrence.
    13. 5.4) Guarantee of Freedom of Association and Right to Collective Bargaining
    14. (1) Principle: We guarantee communication opportunities between the company and all workers. In accordance with the labor laws of each country and region, we guarantee the freedom of association and the right to collective bargaining. Furthermore, we ensure no worker is subject to disadvantage for reasons such as joining, participating in, or forming a labor union.
    15. (2) Management Areas
    16. - Guarantee of workers' freedom of association.
      - Recognition and respect for workers' right to collective bargaining.
      - Prohibition of any disadvantage or unfair treatment resulting from joining, participating in, or forming a labor union.
      - Gathering of opinions regarding the working environment and implementation of continuous improvements.
    17. 5.5) Compliance with Working Conditions and Livelihood Stability
    18. (1) Principle: We comply with all working conditions, including minimum wage, working hours, and leave, as mandated by the laws of each country and region. Furthermore, by providing an appropriate level of wages, we contribute to the livelihood stability of workers and the qualitative improvement of working conditions.
    19. (2) Management Areas
    20. - Compliance with laws and regulations related to working conditions, including working hours, holidays and leave, maternity/parental leave and social insurance enrollment.
      - Discouraging excessive working hours, prohibiting forced overtime, and ensuring compensation for overtime work in accordance with local laws.
      - Payment of wages exceeding the legal minimum wage and striving to ensure Living Wage to enable our workers and their families to maintain a decent standard of living.
      - Prohibition of unfair wage deductions; in cases of legitimate deductions under relevant laws, detailed wage statements must be provided.
    21. 5.6) Responsible Supply Chain Management
    22. (1) Principle: We manage human rights risks that may arise in all business activities—from raw material procurement to consumption—and are committed to protecting stakeholders.
    23. (2) Management Areas
    24. - Prevention of human rights violations during production, distribution, procurement, and sales of raw materials, parts, equipment, and finished products.
      - Stipulation of supply chain management principles through sustainable procurement policies and supplier sustainability guidelines and management of human rights within the supply chain based on these standards.
      - Efforts to establish a sustainable supply chain through supplier support, training, and ESG assessments.
      - Protection of all other vulnerable stakeholders within the supply chain.
    25. 5.7) Protection of Human Rights in Local Communities
    26. (1) Principle: We protect the human rights of local communities and residents in the regions where our business sites are located.
    27. (2) Management Areas
    28. - Respect for the rights of local communities and Indigenous Peoples, and prevention of adverse human rights impacts.
      - Efforts to protect and support vulnerable stakeholders within local communities.
      - Listening to and reviewing the opinions of local community stakeholders and striving to obtain Free, Prior, and Informed Consent (FPIC) in accordance with relevant international standards and national laws.
    29. 5.8) Personal Information Protection
    30. (1) Principle: We are committed to protecting the personal information of all stakeholders, including workers, suppliers, customers, and visitors.
    31. (2) Management Areas
    32. - Protection of stakeholders' personal information in strict compliance with the privacy laws of each country and region.
      - Implementation of technical and managerial measures to protect information collected for business purposes, and continuous improvement of information security systems.
      - Conducting regular inspections of data privacy compliance to prevent misuse, leakage, and unauthorized access.
  • Responsible Minerals (Conflict Minerals) Procurement Policy

    [Background and Purpose]


    Hankook Tire & Technology exercises due diligence across its entire supply chain to ensure that raw materials are not sourced from conflict-affected and high-risk areas where serious human rights violations may occur.


    This policy is based on Hankook Tire & Technology’s commitment to comply with Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the European Union Regulation (EC/2017/821), and its responsibilities as a responsible corporate citizen.


    Through this policy, the Company aims to prevent mineral extraction and trade from supporting armed conflict, human rights abuses, environmental destruction, or other unethical practices, and to establish a culture of responsible mineral sourcing throughout the supply chain.


    [Policy Statement]


    Hankook Tire & Technology is committed to the responsible sourcing of the following minerals Tin, Tantalum, Tungsten, and Gold (collectively referred to as “3TG Conflict Minerals”), and Other Responsible Minerals, including Cobalt, Nickel, Lithium, Copper, Mica, and Graphite.
    The Company evaluates and manages its supply chain based on the Responsible Minerals Initiative (RMI) and the OECD Due Diligence Guidance, and conducts transparent procurement activities that meet the expectations of customers and other stakeholders.


    [Supply Chain Requirements]


    All suppliers are required to comply with the following


    1. Suppliers shall not use minerals mined from conflict-affected and high-risk areas (CAHRAs), and shall submit country-of-origin documentation and RMI due diligence reporting templates (CMRT or EMRT) at least once per year.


    2. Suppliers shall implement the RMI Responsible Minerals Assurance Process (RMAP) or an equivalent certification scheme within their supply chain.


    3. Suppliers shall operate a due diligence process in accordance with the OECD Due Diligence Guidance or equivalent internationally recognized standards.


    4. Suppliers shall cooperate in good faith with on-site audits or the submission of additional documentation upon the Company’s request.


    [Hankook Tire & Technology’s Commitment to Action]


    Hankook Tire & Technology promotes responsible mineral sourcing under the following principles


    1. Compliance with all applicable laws and regulations in countries where the Company and its supply chain operate.


    2. Conducting transparent supply chain due diligence in collaboration with suppliers and periodically sharing the results.


    3. Establishing a long-term responsible minerals sourcing framework through cooperation with customers, suppliers, the RMI, and other stakeholders.


    4. Promptly transitioning to alternative supply sources where unethical sourcing practices are identified, to the extent commercially practicable.


    [Assessment Process]


    [Scope of Covered Countries]


    For the purposes of this policy, Conflict-Affected and High-Risk Areas (Covered Countries and/or CAHRAs) include:


    The Democratic Republic of the Congo (DRC) and countries that share internationally recognized borders with the DRC, namely Angola, Burundi, Central African Republic, Republic of the Congo, Rwanda, South Sudan, Tanzania, Uganda, and Zambia.


    Conflict-affected and high-risk areas as defined by the OECD and EU Regulation (EC/2017/821).


    The list of covered countries is subject to regular updates and may be expanded beyond the DRC and its adjoining countries.


  • Tax Policy

    Hankook Tire & Technology practices the return of corporate profits to society through an honest tax payment. The company does not take advantage of tax rate structures or tax systems for tax avoidance, and it does not pass on any revenue generated to countries with lower tax rates.

    Hankook Tire & Technology is well aware that tax compliance and tax risk management are important factors for contributing to the national finance, securing customer interests, and maximizing profits for shareholders, and perceives that they are essential requirements for sustainable management. To this end, we have documented the standards and procedures in place for tax principles, policies, and risk management, and we pursue building a cooperative and constructive relationship with the tax authority for accurate tax payment and reports.

    1. 1. To pay taxes in good faith as specified under the law, we strictly comply with domestic and foreign tax laws, etc. in all transactions designed to create economic and social values, and accurately report and pay the tax payable under the tax laws and the like.
    2. 2. To ensure the transparency of taxation, we fully disclose all of the relevant company information to its stakeholders. In addition, to ensure the adequacy of the application of the tax laws and protect the stakeholders, we report the amount of tax payable through an accounting firm for he items of taxation as specified under the laws and regulations.
    3. 3. We do not transfer income across borders or engage in any transactions related to tax avoidance using the difference in tax laws across countries, loopholes in the international tax system, and tax havens, and we assure that our branches and subsidiaries are adequately taxed in a legitimate manner according to the value created in each country where our business activities are carried out.
    4. 4. For transactions with parties in a special relationship, our principles require our branches and subsidiaries to adopt the arm's length principle according to the guidelines for the transfer prices of the OECD and the laws and regulations of each pertinent country, and for the transactions involving the transfer prices with parties in a special relationship outside Korea, we require external tax experts to compile reports on transfer prices and manage the implementation status.
  • Biodiversity Policy

    Hankook Tire & Technology recognizes that nature and ecosystems form the foundation of human life and industrial activity. The Company is committed to minimizing its impacts on biodiversity throughout all stages of its business operations and to contributing to a sustainable future through harmony with nature.


    This Policy applies to all domestic and overseas business sites, subsidiaries, and employees of Hankook Tire & Technology. In addition, the Company will continuously review and promote the application of the principles of this Policy across its entire value chain, including first-tier suppliers and beyond.


    [Fundamental Principles for Biodiversity Protection]


    1. Compliance with International Standards and Regulations

    Hankook Tire & Technology respects global biodiversity frameworks and standards, including the Convention on Biological Diversity (CBD) and the IUCN Guidelines for Protected Areas. The Company endeavors to comply with all applicable national, regional, and local environmental and biodiversity-related laws and regulations in the jurisdictions where it operates.

    2. Commitment to No Net Loss and Net Positive Impact

    Hankook Tire & Technology continuously reviews measures to reduce biodiversity loss that may arise from its business activities. The Company aims to minimize adverse impacts and offset unavoidable impacts by pursuing a No Net Loss approach, while progressively seeking opportunities to enhance ecosystem health and achieve a Net Positive Impact.

    3. Precautionary Approach and Continuous Monitoring

    For new business projects, facility expansions, and other major operations, Hankook Tire & Technology strives to identify, prevent, and mitigate potential environmental and biodiversity-related risks in advance. During ongoing operations, key environmental indicators are monitored, and improvement measures are reviewed and implemented as necessary.

    4. Collaboration with the Supply Chain and Local Communities

    Hankook Tire & Technology works in collaboration with local communities to mitigate biodiversity-related risks and to support conditions that enable natural ecosystems to recover and regenerate. The Company also seeks to mitigate risks in high-risk areas by considering land-use change, habitat impacts, and other biodiversity-related factors across its supply chain.


    [Biodiversity Management Process]


    Site Location Analysis ▶ Identification of Dependencies and Impacts ▶ Identification of Risks and Opportunities ▶ Development and Implementation of Mitigation Plans ▶ Disclosure

  • No Deforestation Policy

    Hankook Tire & Technology recognizes that forests are a critical natural carbon sink in addressing climate change and an essential resource for maintaining ecological balance and human well-being. The Company has established this No Deforestation Policy to ensure that raw materials used in its manufacturing processes are sourced from resources produced without deforestation or forest degradation.

    This Policy applies to all domestic and overseas business sites, subsidiaries, and employees of Hankook Tire & Technology. The Company also expects the principles of this Policy to be reflected throughout its entire value chain, including forest-related raw materials and ancillary materials used in product manufacturing, as well as all tiers of the supply chain, including first-tier suppliers and beyond.


    [Fundamental Principles of the No Deforestation Policy]


    1. 1. Pursuit of No Deforestation Operations
    2. Hankook Tire & Technology pursues business operations that do not contribute to deforestation, in order to protect the global environment and conserve biodiversity. The Company recognizes forests as a vital natural asset that provides essential ecosystem services, including climate regulation, air purification, and habitat provision, and is committed to promoting the sustainable use of forest resources.
    3. 2. Minimization of Forest Impacts and Restoration Efforts
    4. Hankook Tire & Technology strives to minimize impacts on forests across all stages of its business activities. Where impacts are unavoidable, the Company seeks to reduce their extent through appropriate mitigation and restoration measures. The Company refrains from initiating new development activities that cause deforestation or forest degradation and, in cases of business withdrawal or site closure, progressively implements measures to restore green spaces and forest areas in the affected regions.
    5. 3. Management of Deforestation Risks in the Supply Chain
    6. Hankook Tire & Technology identifies and assesses deforestation-related risks across its supply chain and encourages all suppliers, including first-tier and lower-tier suppliers, to understand and comply with this No Deforestation Policy.
    7. 4. Commitment to Net Zero Deforestation
    8. Hankook Tire & Technology progressively implements forest protection and restoration activities in and around its business sites and is committed to achieving Net Zero Deforestation by 2050, in alignment with its long-term objective of sustainable business operations and environmental stewardship.
    9. 5. Governance and Monitoring Framework
    10. Hankook Tire & Technology establishes appropriate procedures and governance structures to ensure that forest-related considerations are adequately integrated into its overall business activities. Through these mechanisms, the Company systematically manages the implementation of this Policy and conducts regular monitoring to assess progress and effectiveness.