본문바로가기

Language

Close

ESG Vision

Hyundai Oilbank established ESG vision with the aim to grow as a leading company in creating a better environment through the expansion of eco-friendly businesses. We strive to achieve our vision, an “Eco-friendly Future with Green Energy”, by implementing our main tasks for each area related to the ESG vision in a proactive manner.

ESG Slogan: Eco-Friendly Future with Green Energy | ESG Pilla: Environment (E) - Green Growth with Eco-friendly Business - Other ESG Priorities: Expand investment in eco-friendly business portfolio, Establish an integrated environment management system, Strengthen response to climate change including greenhouse gas, Mitigate environmental impacts from hazardous pollutants | ESG Pilla: Social (S) - Green Value with People & Safety - Other ESG Priorities: Provide a safe and healthy environment for members, Improve human rights management, Pursue responsible and sustainable supply chain, Enhance social responsibility by shared growth with community | ESG Pilla: Governance (G) - Green Leadership with Transparency - Other ESG Priorities: Comply with intensive ethical and compliance management, Improve BOD operating system, Enhance shareholders’ right, Establish an effective risk management system

ESG Governance Structure

ESG Committee

Hyundai Oilbank’s ESG Committee, within the BOD, was established in 2021 June to review and make decisions on major ESG strategic directions and agendas for the sustainable management of the company.

ESG Working Group

Hyundai Oilbank also established ESG Working Group which consists of the leaders of departments each dedicated to specific ESG areas. ESG Working Group will collaborate in improving the company’s ESG management and also in identifying additional tasks under the leadership of Chief ESG Officer.

ESG-dedicated organization

Furthermore, Hyundai Oilbank created an ESG-dedicated organization called “ESG Strategy Team” as of July 2022, which shall oversee ESG improvements implemented by relevant departments, respond to ESG-related demands of internal/external stakeholders, and present agendas to ESG Committee based on the status of ESG tasks.

1) ESG Committee (Under BOD) → Chief ESG Officer → ESG Strategy Team → ESG Working Group → Consists of heads of relevant departments (HR, Employee l Human Rights / Environmental Management / Greenhouse Gas Management l Safety-Public Health / Supply Chain Management l Eco-friendly Project / Social Contribution l Consumer Protection / Data Security & Privacy l Shareholder/ BOD / Law-Abidingness/ Ethical Management) | 2) ESG Committee (Under BOD) → Chief ESG Officer → ESG Working Group → Consists of heads of relevant departments (HR, Employee l Human Rights / Environmental Management / Greenhouse Gas Management l Safety-Public Health / Supply Chain Management l Eco-friendly Project / Social Contribution l Consumer Protection / Data Security & Privacy l Shareholder/ BOD / Law-Abidingness/ Ethical Management)

top