External Ratings & Initiative

Hyosung Advanced Materials is actively participating in international initiatives to strengthen its sustainability management capabilities, and transparently discloses the results of our efforts to strengthen sustainability management to stakeholders.

External Ratings and
Participation in Initiatives

EcoVadis is a global evaluation platform for the assessment of a company’s corporate social responsibility and sustainable procurement, and evaluates more than 60,000 companies annually. Hyosung Advanced Materials scored the top 2% of the companies in the textile manufacturing industry in 2020.
KCGS is a non-profit corporation that establishes and revises codes of best practices of ESG. KCGS carries out ESG evaluation on all listed companies whose results are used for composing the Korea Exchange (KRX) responsible investment index stocks. HAMC received an overall grade of A+ in 2020.
As a leading company in SRI(Social Responsibility Investment) industry in Korea, Sustinvest provides ESG evaluation on listed companies in the Korea Exchange(KRX). The result of the evaluation is used by Korea’s largest SRI funds including pension funds to help them determine their investment strategy. HAMC received an grade of BB(suitable for investment) in 2020.
In 2020, we received the highest grade – leadership A in its initial CDP response as an independent corporation and was placed on the prestigious A list. Hyosung Advanced Materials has been actively participating in the Carbon Disclosure Project (CDP) since 2010 as a business unit of Hyosung Corporation. CDP is a global initiative that evaluates major listed companies’ response to environmental issues such as climate change, water, and forest. We will continue to make efforts to contribute in resolving global environmental challenges through endeavors that bring sustainability to the environment. We shall also continue our transparent disclosure on our climate related information.

Awards

Jeonju plant wins official commendation for CSR from Provincial governor

The Jeonju plant was selected as a successful winner in the 2021 Hope Sharing Campaign on October 20th and received the official commendation from the Jeonbuk provincial governor. The winners are selected parties and individuals who have contributed to the promotion of community welfare and the spread of sharing culture. Jeonju plant received this award in recognition of the volunteer works and contribution it has been carrying out since it started operation in 2013.
2018 Ulsan plant selected as an “Excellent workplace with employees’ health improvement”

Ulsan Plant was selected as an excellent workplace with employees’ health improvement by the Ministry of Labor and Safety and Health Agency on February 7, 2018. It has been recognized as an excellent workplace by acknowledging the evaluation of various health promotion activities, voluntarily promoted by labor and management.
Hyosung Chemical Fiber (Jiaxing) Co., Ltd. selected as an excellent safety management company

In February 2019, Jiaxing plant was selected as a company with excellent safety management by Jiaxing Economic Development Zone. It was selected in recognition of the company's various efforts for safety management, including raising awareness of safety training for all employees and providing customized training for each safety officer.
Hyosung Chemical Fiber (Jiaxing) Co., Ltd. selected as an excellent charity

Jiaxing plant was selected as an excellent charity by Jiaxing Economic Development Zone in February 2019.
Since its establishment, it has been recognized for its contributions to various social contribution activities, including activities for the vulnerable groups in the community and donation and support for educational facilities.
HAMC and Ulsan plant selected as "Certified Company for CSR in the Community"

In recognition of the volunteer works and contributions to the local community, HACM and Ulsan plant was selected by the Ministiry of Health and Welfore and Korea Social Welfare Association.
Hyosung Advanced Materials received a commendation for excellent volunteer work from the mayor of Seocho-gu on December 5, 2018.

Hyosung Advanced Materials was recognized for its volunteer activities and contribution to the local community with the recommendation of the Seocho Joongang Senior Welfare Center, to which the company has provided volunteer service for seven years since 2012. Hyosung Advanced Materials has offered a helping hand to those in need every month, such as meal assistance at a welfare facility for people with severe disabilities and cleaning activities at a senior welfare center of Seocho-gu.
Our Vietnamese subsidiary, Hyosung Veitnam Co., Ltd. was awarded the Minister of Planning and Investment Prize at Vietnam’s "Corporate Social Responsibility (CSR) Awards” held in December 2015.

The winning of the award was in recognition of the variety of educational volunteer activities and cultural exchanges carried out by Hyosung in Vietnam, including dispatching overseas medical corps, the Smile Expedition, and collegiate volunteer group 'Hyosung Blue Challenger' as well as donating books and computers to local elementary schools.
HAMC and Ulsan plant selected as "Certified Company for CSR in the Community"

Hyosung Advanced Materials received the Carbon Management Honors Club and Carbon Management Sector Honors at the 2020 CDP Climate Change Response/Water Management Awards. CDP Korea Chapter selected 18 companies as Secter Honors out of the 200 companies that responded to CDP Climate Change. With the third-highest score, HAMC was honored with the Carbon Management Honors Club , which is given to the top five companies, for having received the highest score regardless of industry. Particularly, this award is meaningful since it is a recognition of our preemptive efforts for climate change management.

External Ratings & Initiative

External Ratings & Initiative

Awards

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