Sustainability Management: We DO in Sustainable H-ways
We act in sustainable ways for the future of everyone
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Heritage
Protect the natural environment for future generations, Pursue a sustainable resource circular economy
- Carbon neutrality
- Hyundai Steel is actively committed to implementing GHG reduction measures through the transition to a lowcarbon steel production system to realize a Net-Zero society.
- Circular ecosystem
- Hyundai Steel will pursue sustainable development to leave behind a clean natural environment for future generations.
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Humanity
Establish a win-win culture that centers around and respects people, Implement social leadership
- Good workplace
- Hyundai Steel is committed to promoting safety, health, and human rights so that all workers can pursue a happy life and work healthily and comfortably
- Sustainable community
- Hyundai Steel will cooperate with stakeholders to develop local communities and generate social value.
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Harmony
Create a healthy management ecosystem, Promote harmonious growth
- Responsible business
- Hyundai Steel will fulfill its responsibility for sustainable management by enhancing the overall soundness and transparency in our management.
- Balanced growth
- Hyundai Steel will strive for sustainability throughout our entire value chain and establish a thriving industrial ecosystem.
Integrated report
Sustainability management policy
Environmental
Social
| Policy | Latest | Previous |
|---|---|---|
| Human rights charter |
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| Diversity and inclusion policy |
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| Anti-discrimination and harassment policy |
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| Health and Safety policy |
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| Donation and sponsorship policy |
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| Framework for local community engagement |
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Governance
| Policy | Latest | Previous |
|---|---|---|
| Ethics charter and code of and conduct |
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| Supply Chain ESG Management Policy |
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| Conflict Minerals (Responsible MInerals) Policy |
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| Supplier code of conduct |
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| Corporate governance charter |
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| Board independence and diversity policy |
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| Tax strategy |
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ESG Assessments and ratings
* As of December 2024
- S&P Global
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- Inclusion in the DJSI world index
- Top 1% S&P Global ESG Score
- Korea Institute of Corporate Governance and Sustainability
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- Overall rating: A grade(Environment: A, Social: A, Governance: B+)
- MSCI(Morgan Stanley Capital International)
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- B grade
- World Steel Association (WSA)
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- Recognized as a '2024 Sustainability Champion' by WSA