Sustainable Management

Efficiency, Sustainability,
and Growth!

  • ESG Strategy
  • Highlight
  • ESG Data

ESG Strategy

A trusted company that creates sustainable value

Efficiency,
Sustainability, and Growth!

The slogan embodies HD Hyundai Electric’s unique ESG management goal in
becoming a trusted global energy company that creates sustainable value.

Management Strategy

Creating Environmental Impact

Creating environmental value through sustainable practices

• Expand business portfolio through low-carbon products and services
• Increase use of renewable energy

Pursuing Shared Growth

Fostering shared growth through stakeholder mutual respect and engagement

• Support ESG implementation among suppliers
• Strengthen respect for human rights
• Expand support for vulnerable groups in local communities

Ensuring Transparency & Compliance

Practicing fair and transparent ESG management

• Strengthen transparency and soundness of corporate governance
• Enhance shareholder value

Highlight

Environment

  • First in Korea,
    developed 145kV SF6-Free GIS using proprietary technology

  • Developed the nation’s first
    high-capacity low-voltage drive(LV VFD) for ships,
    a key component of ship electrification

  • Achieved RE3 in 2024
    Targeting RE10 by 2025

  • Implemented biodiversity activities
    (Habitat protection for Siberian flying squirrels)

Social

  • Launched an online recruitment platform for suppliers as part of efforts to strengthen support

  • Since 2022 zero serious accidents Industrial accident rate in 2024: 0.033%

  • Established social contribution slogan “Transformation for ALL”

  • Expanded community engagement in North America and beyond

Governance

  • Established compensation committee

  • Achieved a 40% dividend payout ratio and introduced quarterly dividends

  • Selected as a Value-Up Excellence Company and awarded the Deputy Prime Minister’s Prize for Economy

ESG Data

It contains the principles, activities and performance of HD Hyundai Electric related to its economic, environmental and social responsibilities.

This book contains the principles, activities, and achievements of Hyundai Electric. By introducing an integrated reporting framework, we aim to provide practically necessary information to stakeholders by comprehensively reporting financial and non-financial performance.