Hankook Tire awarded 2023 Carbon Management Sector Honors

Hankook Tire awarded 2023 Carbon Management Sector Honors

The project evaluated over 23,000 global companies on climate change initiatives and Hankook received an A- rating.

Hankook Tire revealed it won the 2023 CDP Carbon Management Sector Honors in the Consumer Discretionary category at the Climate Change and Water Security Awards hosted by the Carbon Disclosure Project (CDP) Korea Committee. The CDP Climate Change Response Project evaluated over 23,000 global companies on their climate change initiatives, and Hankook Tire received an A- rating, an rating bestowed upon only 25 Korean companies.

Hankook has previously won the Carbon Management Sector Honors five times. Additionally, Hankook said it was recognized with the Carbon Management Sector Honors (formerly Carbon Management Sector Winners) in 2014 and 2015. Furthermore, in 2018, Hankook Tire was included in the CDP Supplier Engagement Leader Board, the first time for a Korean company.

According to the manufacturer, the principle driving its achievements is rooted in various efforts to enhance sustainability. Firstly, Hankook Tire said it conducts a Life Cycle Assessment (LCA) encompassing its entire process – from eco-friendly management strategies and supplying raw materials to manufacturing, transportation, use, disposal and reuse.

Additionally, by adopting its E.Circle strategy to establish a circular economy, Hankook Tire said it is focused on developing sustainable products. This involves applying the four principles of “recycle, renew, reuse and reduce” throughout the entire production process. In 2021, Hankook Tire established an ESG committee within its board of directors and launched a new 2050 Carbon Neutral Roadmap in 2022.

You May Also Like

TEXA runs car diagnostic tool promotion

The promotion is active through Aug. 31.


Active through August 31, this TEXA IDC5 advanced diagnostics promotion provides a single full BIKE software with Free Texpack subscription, when a new TEXA Axone tablet CAR package is purchased. All TEXA Axone diagnostics packages are sold with the VCI adapter and secure hardware case. Specific vehicle environment cables and connectors are sold separately, the company said.

ATD opens regional distribution center in McDonough, Georgia

The new facility will support 22 distribution centers across Georgia, Florida, Alabama, Louisiana, Mississippi and Tennessee.

GRI expands footprint in South America

GRI said its goal is not just to sell specialty tires, but to contribute to the region’s growth through its focus on sustainability.

Aperia’s Halo Tire Inflator accrues over 100 billion miles

The company said its Halo Tire Inflator has saved over 716,000 metric tons of CO2.

Electronic Specialties releases Pro Auto Test Lead Kit

The kit includes a full range of accessory test leads designed for automotive, heavy-duty and marine electrical troubleshooting

Other Posts
Everything you ever wanted to know about Formula E tires

Learn how tire technology affects the highest level of all-electric racing from three different perspectives: The president of Hankook Tire North America, a tire engineer, and a Formula E driver.

Hanook’s iON evo to be OE on the Porsche Taycan electric sports car

Hankook said it succeeded in increasing the iON evo’s sustainability without having to compromise tire safety and performance.

Nokian Tyres produces first tire in new Romanian factory

The annual capacity of the Nokian Tyres Romania factory will be 6 million tires once the factory is fully operational.

Rain Alliance launches the Rain RFID Training Program

The training program responds to the demand for certified practitioners who can offer vendor-agnostic skills.