Hankook Tire Advances Sustainability with New Initiatives

Hankook Tire has taken significant steps toward environmental responsibility. In August 2023, it became the first Korean tire company to receive approval from the Science-Based Targets Initiative (SBTi) for its carbon footprint reduction targets. The company aims to reduce production-related greenhouse gas emissions (Scope 1 and 2) by 46.2% by 2030, compared to 2019 levels. In addition, the company plans to reduce emissions across its entire value chain (Scope 3) by 27.5%. Hankook Tire uses a lifecycle approach to minimize the environmental impact of its products, from raw material sourcing to disposal. Through research into advanced technologies, the company develops sustainable materials and applications that conserve resources and reduce carbon emissions.

The company practices a circular economy with the program that recycles waste from tire production into recycled products such as shoes, longboards, and camping equipment. This initiative not only reduces waste but also creates valuable, sustainable products. *Sustainable Future* Hankook Tire also emphasizes responsible supply chains, ethical human rights, and employee welfare. The company participates in social contribution activities, supports local communities, and promotes a sustainable future. For example, the driving school at the Daejeon Traffic Culture Institute provides traffic safety education to disadvantaged children.

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