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Corporate Governance

Credit rating

Commercial paper
Credit rating A2
Bond (surety bond)
Credit rating A+

* The credit rating as of 2022 (Korea Investors Service, NICE Investors Service)

Credit rating
Securities subject to evaluation Credit rating Rating agency Evaluation date Evaluation type
Commercial paper A Korea Investors Service 2022.12.21 Rating update
A NICE Investors Service 2022.12.21 Rating update
A Korea Investors Service 2022.06.28 Initial rating
A NICE Investors Service 2022.06.13 Initial rating
A Korea Investors Service 2021.12.22 Rating update
A NICE Investors Service 2021.12.07 Rating update
A Korea Investors Service 2021.06.29 Initial rating
A NICE Investors Service 2021.06.24 Initial rating
A NICE Investors Service 2020.12.18 Rating update
A Korea Investors Service 2020.12.18 Rating update
A NICE Investors Service 2020.05.15 Initial rating
A Korea Investors Service 2020.05.13 Initial rating
A NICE Investors Service 2019.12.27 Rating update
A Korea Investors Service 2019.12.23 Rating update
A NICE Investors Service 2019.07.23 Initial rating
A Korea Investors Service 2019.07.22 Initial rating
A Korea Investors Service 2018.06.22 수시평정
A Korea Investors Service 2017.12.26 Rating update
A NICE Investors Service 2017.12.14 Rating update
A NICE Investors Service 2017.05.12 Initial rating
A Korea Investors Service 2017.05.11 Initial rating
A NICE Investors Service 2016.11.21 Rating update
A Korea Investors Service 2016.11.21 Rating update
A NICE Investors Service 2016.05.13 Initial rating
A Korea Investors Service 2016.05.12 Initial rating
Bond A NICE Investors Service 2018.05.16 Initial rating
A Korea Investors Service 2018.05.15 Initial rating
A Korea Investors Service 2018.05.15 Rating update
A NICE Investors Service 2018.04.26 Rating update
A NICE Investors Service 2018.03.05 Initial rating
A Korea Investors Service 2018.03.05 Initial rating
A NICE Investors Service 2017.05.12 Rating update
A Korea Investors Service 2017.05.11 Rating update
A NICE Investors Service 2016.12.16 Initial rating
A NICE Investors Service 2016.11.21 Occasional evaluation
A Korea Investors Service 2016.11.21 Occasional evaluation
A Korea Investors Service 2016.11.21 Occasional evaluation
A NICE Investors Service 2016.04.20 Initial rating
A Korea Investors Service 2016.03.25 Initial rating

KCGS ESG evaluation

KCGS 2021 A⁺ Enviromental:A⁺, Social:A⁺, Governance:A⁺

As a result of the split-off dated on June 1st, 2018, Hyosung was divided into Hyosung Corporation, the surviving company responsible for the management of the equities and investments of subsidiaries; and newly established companies, namely Hyosung TNC, Hyosung Heavy Industries, Hyosung Advanced Materials, and Hyosung Chemical.
Our ESG was evaluated under the name of Hyosung Corporation before the spin-off until 2019, and as an independent holding company starting in 2020.