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Social Responsibility Initiatives

Initiative for Social Responsibility
A social responsibility initiative refers to a program or activity that clearly contributes to the accomplishment of specific social responsibility-related objectives. With a clear sense of purpose to contribute to the sustainable growth of our society as a responsible company, Hyosung intends to participate in various domestic and international initiatives related to the sustainability of the company's business, the environment, and society to strengthen the power of influence for positive change in our society.
Social Responsibility Initiatives
TCFD mark
Task Force on Climate-related Financial
Information Disclosures (TCFD)
TCFD is a global consultative body established by the Financial Stability Board at the G20 Finance Ministers Meeting in 2015 to disclose climate change-related information. In the process of implementing TCFD, all four major affiliates, including Hyosung, the holding company, Hyosung TNC, Hyosung Heavy Industries, Hyosung Advanced Materials, and Hyosung Chemical, have declared their support for TCFD in order to continuously strengthen climate change response and ESG management, which serve as the essential elements of a company's future global competitiveness. Hyosung's climate information consistent with TCFD’s recommendations are disclosed in our Sustainability Reports and CDP Reports.
CDP mark
Carbon Disclosure Project (CDP)
The CDP is an international non-profit organization whose mission is to make environmental reporting and risk management the standard for businesses and to promote disclosure, insight, and action in the direction of a sustainable economy. It supports businesses so that they may disclose their greenhouse gas (GHG) emissions, the risks and opportunities associated with climate change, and their carbon management strategies. Since 2010, Hyosung has submitted CDP reports on corporate strategies and operations. Moving forward, we intend to advance our climate action, comply with global initiatives, and communicate actively with stakeholders.