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Hyosung Publishes First Sustainability Report since Establishing Holding Company Jan.31, 2020

Hyosung Group has published its first sustainability report since establishing its holding company, Hyosung Corporation, in 2018.

The annual report is largely divided into Focus Issues & Business Cases, Sustainable Management, and Governance.

Hyosung has been publishing the Sustainability Report since 2012 to disclose its sustainable management activities and achievements across the economic, social and environmental sectors.

The 2020 Sustainability Report is significant in that it is the first one Hyosung has published since it officially launched its holding company, Hyosung Corporation, in June 2018 and placed four corporations, namely Hyosung TNC, Hyosung Heavy Industries, Hyosung Advanced Materials and Hyosung Chemical, under its management.

In the CEO’s message, Chairman Cho said, “Hyosung will strengthen its sustainable management in order to communicate more effectively with customers, generate social values, and share business outcomes. Together with our customers, we will strive to grow into a 100-year-old company.”

The Sustainability Report is available in Korean and English at the Hyosung Group website.

*Cho Hyun-Joon is born in Seoul in 1968 and graduated from Saint Paul’s School in the U.S. He studied in the School of Political Science at Yale University and graduated with a master degree at Keio University, Graduate School of Law in Japan. He worked at Mitsubishi Corporation in Tokyo and Morgan Stanley Tokyo branch. In 1997, he joined Hyosung and was inaugurated as the Chairman of Hyosung Group in 2017.

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