HS Hyosung Advanced Materials contributes in shaping a sustainable future by partnering with diverse stakeholders through our participation in global initiatives.
Initiatives Participation
HS 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. With the launch of a new climate system based on the Paris Agreement of the 21st COP21 in 2015, we are actively participating in the '2030 National Greenhouse Gas Reduction Roadmap'. Also, as a member of the UN Global Compact, we are actively participating in activities to improve sustainability and corporate citizenship.
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UNGC
As a signatory member of UNGC(UN Global Compact), HS Hyosung Advanced Materials has internalized the 10 principles of human rights, labor, environment, and anti-corruption into the company's operations and management strategy. We are participating in the improvement of sustainability and corporate citizenship, and carrying out practical activities. Also, as a Communication on Progress(COP) Active Group, we are disclosing our activities transparent in public.
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CDP
CDP (Carbon Disclosure Project) is an initiative that collects and discloses corporate environmental information, including climate change response, water resource management, and forest conservation. Since 2010, HS Hyosung Advanced Materials has transparently disclosed our strategies for addressing climate change, activities for managing risks and opportunities to prevent climate-related impacts, and information on greenhouse gas emissions and mitigation efforts through CDP. Starting in 2023, we have expanded our disclosure to include strategies for water resource management, measures to protect water resources, and related activities.As a result of these efforts, in 2021 we received the ‘Carbon Management Honors Club and Carbon Management Sector Honors’ at the ‘2020 CDP Korea Awards’, which are granted to companies achieving the highest ratings. In 2024, we were honored with a ‘Special Award’ at the ‘2023 CDP Water Korea Awards’. Furthermore, in 2025, we achieved the highest rating in the ‘2024 Supply Chain Engagement Assessment (SEA)’ and were listed on the ‘A-List’, recognizing not only our climate change response activities but also our capabilities in supply chain-level management.
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TCFD
The Task Force on Climate-related Financial Disclosures(TCFD) is a global initiative that was established in 2015 to promote disclosure of climate change-related financial information. In 2022, HS Hyosung Advanced Materials declared its endorsement for the TCFD, and published its first climate-related report as per the recommendations of TCFD. HS Hyosung Advanced Materials is taking measures to enhance risks and opportunities management capabilities that would be brought about by climate change.
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SBTi
The Science Based Targets initiative (SBTi) provides guidelines and methodologies for setting science-based greenhouse gas (GHG) reduction targets aligned with the goals of the Paris Agreement, thereby strengthening voluntary climate action by companies. In 2022, HS Hyosung Advanced Materials pledged to establish reduction targets consistent with a scenario that limits global temperature rise to within 1.5°C as part of its commitment to carbon neutrality. In 2023, we set reduction targets for Scope 1, 2, and 3 GHG emissions across all global business sites, and these targets were officially approved by SBTi in January 2025.
Check out HS Hyosung Advanced Materials' achievements through global initiatives.