Sustainable Management

Efficiency, Sustainability,
and Growth!

  • ESG Strategy
  • Highlight
  • ESG Data

ESG Strategy

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.

Creating Environmental Impact

Green impact through eco-friendly management

Expansion of business portfolio through development of eco-friendly products and services Establishment of carbon emission management and energy efficiency plan

Pursuing Shared Growth

Promoting shared growth based on mutual respect and participation of stakeholders

Establishment of management system for environmental and social issues related to the supply chain Strengthening of human rights management system Implementation of business-related social contribution programs

Ensuring Transparency & Compliance

Practicing fair and transparent ESG management

Establishment of ESG impact communication system Strengthening of transparency and soundness of governance Establishment of ethical management monitoring and evaluation system Participation in global initiatives

Highlight

A trusted company that creates sustainable value

Environment

  • Establish mid and long-term greenhouse gas emission

    *2023 target : 10% or more reduction compared to base year (base year 2018)

  • Launch a wide range of engine embedded shaft generator and eco-friendly products such as GIS.

  • Conduct environmental impact assessment throughout the entire process of production and product use

  • Signed greenhouse gas reduction agreement with Ulsan City

    *Reduce the use of sulfur hexafluoride (SF6) by 2030 and switch to other material

  • Carry out resource circulation activities such as the introduction of PET bottle recycled work clothes

  • Systemize air and water pollution in HSE management system (HiSEs)

Social

  • Hold a Labor-management Council every quarter to build a win-win labor management culture

  • Practice Security Assessment and Information Security Training

  • Implement Risk Assessment and Safety Management of partner companies to prevent industrial accidents

  • Conduct safety education and meetings to manage safety issues with suppliers

  • Establish Human Rights Management Committee (June 2022)

  • Provide an estimate of KRW 9.5 billion in financial support for business partners

Governance

  • Promote diversity in the Board of Directors by appointing female directors

  • Disclose dividend policy to protect shareholder’s trust and rights

  • Conduct employee training and self-inspection to practice ethical and compliance management

Major Achievements

  • Total greenhouse gas emissions

    Unit : tCO2eq

  • Rate of greenhouse gas reduced compared to the target value

    Unit : %

  • Total energy consumption

    Unit : TJ

  • Environmental Investment

    Unit : 10 million won

  • Female employees hired

    Number of Employees (persons) Recruitment Ratio (%)

  • Social Investment

    Unit: Million KRW

  • Rate of Accidents

    Unit : %

  • Industrial Accidents

    Unit: Number of cases/person

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.