Report Outline
Hyundai Steel publishes an integrated report on an annual basis to disclose to stakeholders its business performance and sustainability management activities. Beginning in 2021, the report is issued as a web-based report.
The content of this report is divided into five categories to help our stakeholders easily understand our value creating activities: Overview, ESG Issues, ESG Performance, Factbook, and Appendix.
Reporting Principles
This report has been prepared in accordance with the Core option of the GRI
(Global Reporting Initiative) Standards, and refers to the IR
(Integrated Reporting)Framework of the IIRC
(International Integrated Reporting Council) Specific details can be found on the
GRI Index page.
Reporting Scope and Boundaries
This report covers the period from January 1st to December 31st, 2020. Some performance data for the first half of 2021 is also included. Quantitative data is reported for the performance of the past three years. The reporting scope includes the sustainability activities and performance of local offices such as the head office, works, sales offices, etc. Some data includes overseas business sites.
Report Assurance
To ensure its reliability, this report has been verified by a global verification agency. The results can be found on the .
'Third Party Assurance Statement' page.
Global initiatives and partnerships
Hyundai Steel is a member of the UN Global Compact(UNGC), which was established through cooperation between the UN and corporations to address global ethical and environmental issues.
We also abide by ISO 26000, the global standard for management systems, which outlines principles and requirements for corporate social responsibility.
Further, we participate in the Carbon Disclosure Project(CDP), which analyzes and evaluates corporate activities to respond to climate change.
Our efforts to enhance sustainability have received public recognition. For example, we were included in the 'DJSI World' index in the Dow Jones Sustainability Indices(DJSI)
in 2020 for the third consecutive year, and named as the “Industry Leader” in the steel industry for two years in a row. In addition, we have been included in both the 'DJSI Asia Pacific' index for 12 consecutive years and the 'DJSI Korea' index for three years running.
Reporting by
Sustainability Management Team, Business Management Division, Hyundai Steel
Hyundai Kia Motor Building, 12 Heolleung-ro, Seocho-gu, Seoul
Hyundai Steel www.hyundai-steel.com
sustainable@hyundai-steel.com