Global tire brand Hankook Tire has been included in the Dow Jones Sustainability World Index (DJSI World) for the third consecutive year, strengthening its status as one of the most sustainable tire companies in the world. Hankook Tire was ranked against the 2,521 auto components industry companies subjected to DJSI’s assessment.

The DJSI is the most influential global index that assesses corporate social sustainability and investment. It tracks all corporate aspects including financial, environmental and social influence. The DJSI is comprised of sustainability leaders in each industry group as identified through a corporate sustainability assessment and was jointly developed by S&P Dow Jones Indices and RobecoSAM.

Hankook Tire scored high marks in the areas of Environmental Policy & Management System, Supply Chain Management and Corporate Citizenship and Philanthropy. Hankook also was recognized for its great advancement in the codes of Business Conduct category. All in all, Hankook Tire has performed outstandingly in all three divisions of economic, environmental, and social.

“Being included in the DJSI World for the third consecutive year is a great honor itself but also proves Hankook Tire is heading the right way with its sustainability efforts,” said Hyun Bum Cho, president and CEO of Hankook Tire. “We fully recognize that surviving in this fast-changing environment as a global top tier company requires improved performance in all dimensions; economic, environmental and social. Moving forward, Hankook Tire will continue its innovation and challenge both in and out of the company to drive positive growth in each and every parts of the world.”

Hankook Tire continues to affirm itself in the global market with company-wide, proactive and continuous CSR activities, setting challenging goals and collaborating with various stakeholders around the world to leave a positive mark on society.

In 2018, Hankook Tire established a mid-to-long-term roadmap for research focusing on sustainability – Renewable, Recycling, Reusable and Reducing. The ultimate goal of this roadmap is to develop tires made entirely of sustainable raw materials by 2045. It has also been working since 2017 to improve natural rubber sustainability, including areas that concern farmers, traders and processors. It has been collaborating with the global tire industry, renowned consultants, NGOs, natural rubber suppliers and producers and core customers to establish Hankook Tire’s own Natural Rubber Sustainability (NRS) policy. The company is also striving to create a safer and healthier workplace environment by establishing a pre-filtering process for chemicals that are internationally regulated and of high concerned.

In July, Hankook Tire received the Corporate Social Responsibility Award from global auto brand Groupe Renault at its 2018 Supplier Award ceremony.