Sustainability
Participatory
initiatives
Sustainabiltiy Initiatives
Sustainability Initiatives refer to programs or activities that make a clear contribution to achieving specific goals related to social responsibility. Hyosung TNC, as a responsible company, actively participates in various domestic and international initiatives related to sustainability in business or environmental and social aspects, under the clear purpose of contributing to the sustainable development of our society. We aim to broaden our influence for positive change in our society through these initiatives.
Task Force on Climate-related Financial Disclosure (TCFD)
The TCFD is a global initiative established by the Financial Stability Board (FSB) in 2015, during the G20 meetings, to promote the disclosure of climate-related information.
In the process of implementing TCFD recommendations, we, including our parent company Hyosung Corporation and major subsidiaries such as Hyosung TNC, Hyosung Heavy Industries, Hyosung Advanced Materials, and Hyosung Chemical, have all declared our support for TCFD. We transparently disclose climate-related information in our sustainability management reports to continuously strengthen climate change adaptation and ESG management, which are key strengths in our global competitiveness.
CDP Carbon Disclosure Project
CDP is an international nonprofit organization established with the goal of making environmental reporting and risk management a business standard, and to drive openness, insights, and action toward a sustainable economy. CDP supports companies in disclosing greenhouse gas emissions, climate-related risks and opportunities, and carbon management strategies.
Since 2021, Hyosung TNC has been submitting reports to the CDP about our strategies and operations and is transparently sharing this information on our website.