chunk_id
stringlengths 38
48
| report_name
stringclasses 58
values | chunk_page_label
int64 1
367
| chunk_page_index
int64 0
366
| chunk_text
stringlengths 18
2.46k
|
|---|---|---|---|---|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|98|1
|
HYUNDAI_2019
| 98 | 97 |
: Hyundai Safe Road Traffic Safety HMCIS Hyundai Motor Commonwealth Independent States • Employee volunteering and donations in cities outside the area where HMMR is located: Hyundai Dream Way • Support professional job trainings (equipment, employee volunteering, scholarship) HMMR Hyundai Motor Manufacturing Russia • Organize a campaign to raise awareness of traffic safety in Kazakhstan, Serbia, and Ukraine: H-Road Traffic Safety Campaign HMCIS Russia Regional Headquarters Hyundai Motor Commonwealth Independent States OUR SYSTEM OUR VALUE 4.4 Customer 4.5 Environment 4.6 Collaboration 4.6 People 4.8 Community 4. SUSTAINABILITY PERFORMANCE • Areas of CSV Activities • Global CSV Activities • Supporting Arts and Culture 5. APPENDICES <98 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|99|0
|
HYUNDAI_2019
| 99 | 98 |
<START 99> Key Activities in Latin America Dental Trailer Hyundai Motor Brazil (HMB) has developed a portable trailer called “Sorriso Cidadang (citizen smile)” and is providing free dental service to the marginalized in the local community, including seniors and children. HMB launched this project in June 2014. In cooperation with the Piracicaba Metalworkers Union, HMB is visiting public schools and social organizations in the Piracicaba region. HMB plans to contribute to improving the health of residents in the local community by continually providing free dental service. Key Activities in Africa & Middle East Road Safety Campaign in Saudi Arabia Hyundai Motor Africa & Middle East Headquarters is carrying out a road safety campaign together with local Saudi dealers at universities and local communities. The Hyundai Safety Campaign has been held since 2017, educating local drivers on defensive driving and safety laws. It also distributes printouts on observing traffic regulations and conducts an ad campaign to help the community establish a safe driving culture. In particular, we provided experience-based traffic safety education to female drivers in 2018. The number of female drivers in Saudi Arabian is expected to increase as the ban on female drivers was lifted. Hyundai is helping them have a better understanding on safe driving. Hyundai Motor Africa & Middle East Headquarters • Saudi Arabia: Traffic safety experiential education for female drivers • Egypt: Traffic safety campaign Major Activities by Subsidiary • South Africa: Support for the establishment of local libraries and education • Nigeria: Support and education program for children in poverty • Morocco: Program to raise awareness of traffic safety and environment • Kuwait: Program to support the socially disadvantaged • Palestine: Install photovoltaic facilities to families of children in poverty • Jordan: Preservation of the Petra World Heritage Site Major Activities by Subsidiary CV Central & South America
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|99|1
|
HYUNDAI_2019
| 99 | 98 |
• Kuwait: Program to support the socially disadvantaged • Palestine: Install photovoltaic facilities to families of children in poverty • Jordan: Preservation of the Petra World Heritage Site Major Activities by Subsidiary CV Central & South America Regional Headquarters • Ecuador: Hygiene, health and medical support programs • Chile: Project to improve living environment and support children’s education in Valparaíso HMB Hyundai Motor Brazil • Sponsor a complementary training (technical training) for low-income students aged 16 to 24 in partnership with Social Opportunity Institute • Sponsor the biggest multinational festival in Piracicaba, every year since 2010 • Sponsor the Olga Kos Institute Race to improve social understanding on the World Down Syndrome Day (March 21) 099 Eco-friendly Mobility innovation Future generation Traffic safety Community Areas of CSV Activities OUR SYSTEM OUR VALUE 4.4 Customer 4.5 Environment 4.6 Collaboration 4.6 People 4.8 Community 4. SUSTAINABILITY PERFORMANCE • Areas of CSV Activities • Global CSV Activities • Supporting Arts and Culture 5. APPENDICES <99 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|100|0
|
HYUNDAI_2019
| 100 | 99 |
<START 100> Key Activities in China Hyundai Green Zone (Anti-desertification project in Inner Mongolia) Beijing Hyundai Motor Company (BHMC) and Hyundai Motor Group China (HMGC) have been implementing the Green Zone project since 2008 to prevent the desertification of Chakanor, the main source of fine dust in China. In 2018, they carried out the second Hyundai Green Zone China project creating grasslands in dry lake beds in Baoshaodainao Nur, Zhenglan Qi. Key Activities in Asia-Pacific Ronald McDonald House Charities Australia Hyundai Motor Company Australia (HMCA) sponsors the Ronald McDonald House Charities Australia (RMHC) program to help Australian children with serious illnesses and their families. In 2018, a special book project was carried out to realize an imaginary car designed by a child. Harry Hyundai, the main character of the book created for “Hyundai Help for Kids”, will visit Ronald McDonald Houses and roadshows all across Australia in 2019 to delight children and their families. Major Activities by Subsidiary HMCA Hyundai Motor Company Australia • Support Royal Institute for Deaf and Blind Children (RIDBC) that supports Australians who have hearing or vision impairment, and people who support them (Education for family members, treatment, hearing and cochlear implant services) • Sponsor NGOs to fight against children’s disease (Life Education Australia, KRI, Steven Walters Children’s Cancer Foundation, etc.) • Sponsor the Make-A-Wish Grants (Granting wishes campaign for pediatric patients with incurable illnesses) • Sponsor the Bear Cottage ‒ the world’s only hospice center for children in New South Wales • Nepal: Mobility support project for the disabled and the elderly (Offer mobility assistance for travelers with special needs) • Philippines: Project to support drinking water by using rainwater (Establish a facility which purifies rainwater, and provide hygiene education to local communities) • Vietnam: Help children from low income families discover their
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|100|1
|
HYUNDAI_2019
| 100 | 99 |
th special needs) • Philippines: Project to support drinking water by using rainwater (Establish a facility which purifies rainwater, and provide hygiene education to local communities) • Vietnam: Help children from low income families discover their dreams (Dreams come true) Hyundai Motor Asia Pacific Headquarters Major Activities by Subsidiary BHMC Beijing Hyundai Motor Company • Nurture technical talent at local stores in collaboration with an automotive college • Volunteer activities for environmental protection HMGC Hyundai Motor Group China • Dream Class (Provide books, educational equipment, sports goods, etc. to elementary schools in deprived areas; offer dream lectures in connection with employee volunteers) • Tong Xin Yi (Address major social issues of protecting children left behind when their parents move to cities to work, juvenile delinquency preventions, and support for extracurricular facilities and activities) • Visiting Traffic Safety Campaign for children (Experience-based education, raising awareness on traffic safety, improving response to crisis situations) 100 Eco-friendly Mobility innovation Future generation Traffic safety Community Areas of CSV Activities OUR SYSTEM OUR VALUE 4.4 Customer 4.5 Environment 4.6 Collaboration 4.6 People 4.8 Community 4. SUSTAINABILITY PERFORMANCE • Areas of CSV Activities • Global CSV Activities • Supporting Arts and Culture 5. APPENDICES <100 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|101|0
|
HYUNDAI_2019
| 101 | 100 |
<START 101> Supporting Arts and Culture Global Partnership for Arts and Culture Hyundai connects automobiles and art, promoting change in perspective. By implementing domestic and overseas culture and art support programs, Hyundai seeks to create opportunities for everyone to enjoy art and create a new culture, just like its vision of going beyond automobiles and becoming a partner to its customers. By supporting artists pursuing new possibilities, we seek to deliver new values and experience to the general public. National Museum of Modern and Contemporary Art Hyundai carries out the MMCA Hyundai Motor Series project. This project aims to expand the horizons of Korean art together with the National Museum of Modern and Contemporary Art (MMCA) of Korea. We support contemporary Korean artists hold large-scale solo exhibitions and relevant seminars and publications, thereby establishing the foundation for Korean art to further extend its global reach. In 2018, the fifth exhibition was held with artist, Choi Jeong Hwa, under the title, ‘MMCA Hyundai Motor Series 2018: CHOIJEONGHWA ‒ Blooming Matrix’, at MMCA Seoul. One of his new works titled ‘Dandelion’, an 8.4m public artwork, captured visitors’ interest and admiration. Tate Modern Tate Modern in London attracts more than 5 million visitors from all across the world every year. As part of Hyundai’s 10-year partnership announced in 2015 with Tate Modern, the Hyundai Commission invites international artists every year to the museum’s Turbine Hall with a large- scale space for new site-specific work. In 2018, the Hyundai Commission presented artworks created by Tania Bruguera, a world-leading artist from Cuba. The heat-sensitive material applied to the Turbine Hall revealed images made by visitors when they touched, lay or rolled on the floor. By featuring artworks created by the participation of visitors, the exhibition employed a unique perspective in interpreting issues facing modern societies today such as immigration and population movements.
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|101|1
|
HYUNDAI_2019
| 101 | 100 |
en they touched, lay or rolled on the floor. By featuring artworks created by the participation of visitors, the exhibition employed a unique perspective in interpreting issues facing modern societies today such as immigration and population movements. Los Angeles County Museum of Art Hyundai started 10-year partnership with the Los Angeles County Museum of Art (LACMA) in 2015, and has since been spearheading The Hyundai Project at LACMA, inspiring people in various ways through convergence of technology and art. By sponsoring Art + Technology exhibitions and the Art + Technology Lab, LACMA holds innovative exhibitions of works of globally renowned artists integrating art with science technology. Another initiative is Korean Art Scholarship through research. In 2018, through our fourth exhibition of The Hyundai Project titled ‘3D: Double Vision’, which showed 3D works of the past 175 years, ranging from three-dimensional image works of the Victorian era to 21st Century VR works. Joseph Jastrow, Experiments in Visual Perception, c. 1905, Stereographs from Glass Negatives, Keystone-Mast Collection, California Museum of Photography, University of California, Riverside, Photo courtesy California Museum of Photography, University of California, Riverside MMCA Hyundai Motor Series 2018: CHOIJEONGHWA ‒ Blooming Matrix Hyundai Commission: Tania Bruguera © Ben Fisher 101 OUR SYSTEM OUR VALUE 4.4 Customer 4.5 Environment 4.6 Collaboration 4.6 People 4.8 Community 4. SUSTAINABILITY PERFORMANCE • Areas of CSV Activities • Global CSV Activities • Supporting Arts and Culture 5. APPENDICES <101 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|102|0
|
HYUNDAI_2019
| 102 | 101 |
<START 102> 2018 Exhibitions based on partnership with museums Based on our global partnerships with international museums, Hyundai unveiled new exhibitions in 2018 ‒ MMCA Hyundai Motor Series 2018: CHOIJEONGHWA ‒ Blooming Matrix at the MMCA; Hyundai Commission: Tania Bruguera at Tate Modern; and 3D: Double Vision, covering all 3D visual works of the 175 years, at LACMA. Hyundai created opportunities of delivering inspiration and perception-changing experiences to our global audience. Hyundai Commission: Tania Bruguera © Ben Fisher Discovering and sponsoring rising media artists and curators Hyundai’s VH Award and Hyundai Blue Prize are platforms upon which artists and curators are able to realize their talents to their full capability. VH Award is designed to promote emerging new media artist of Korea while Hyundai Blue Prize sponsors rising curators in China to curate their own shows with the general public. A winner of Child Safety Award ‒ Traffic Accident Zero for Children Campaign In November 2018, Hyundai received the Minister Award in the special award category at the 8th Child Safety Awards organized jointly by the Ministry of the Interior and Safety and the Naeil Newspaper. Hyundai is the first company to win the special category award created in 2018 for private organization and individuals. We will continue to promote social interests in child safety through the Traffic Accident Zero for Children Campaign and provide technical support to school bus operators to prevent accidents. 102 1. Introduction 2. 2018 Highlights 3. Materiality Report 4. Sustainability Performance 5. Appendices Hyundai’s Local Community We are promoting social values in local communities together with stakeholders, with a particular focus on five major CSV areas ‒ eco-friendly, mobility innovation, traffic safety, future generation, and community. Also, we are expanding the scope of our local community service to include overseas communities where we do our business, seeking to
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|102|1
|
HYUNDAI_2019
| 102 | 101 |
ar focus on five major CSV areas ‒ eco-friendly, mobility innovation, traffic safety, future generation, and community. Also, we are expanding the scope of our local community service to include overseas communities where we do our business, seeking to grow together and establish win-win relations with them. As the role of vehicles are fast evolving from a means of transportation to a partner in various moments of everyday life, we are further advancing our CSV activities by leveraging our competencies. Major Performance & Plan 2018 Performance 2019 Plan Mid-to Long-term Plan Areas of CSV Activities • Operated the Robocar Poli Playground, and the cumulative number of visitors exceeded 60,000 • Operate the Robocar Poli Playground, and the cumulative number of visitors is expected to exceed 90,000 • Achieve 150,000 in cumulative number of visitors by 2022 • Contribute to mid- to long-term sales increases by operating social contribution facilities within Hyundai branches • Prepared for the launch of Driving Plus by creating a mobile simulator, and developing educational program by type and experiential content for safety technology • Improve mobility in Korea by developing car separation-type simulation, and review overseas expansion of the solutions • Fully establish the new traffic safety program by improving simulation effectiveness and increasing the number of participants • Opened the 1st Korea-Vietnam Joint Care Center (Can Tho City, Vietnam, January 2018) • More than 2,000 persons, including soon-to- be-marriage immigrants, women who have returned to Vietnam, and Korean-Vietnamese children, received education and counseling • Continue support and cooperation for operation of the 1st Center • Look into a site for the 2nd Korea-Vietnam Joint Care Center, and provide support for the opening of a temporary office by the end of year • Open the 2nd Center in early 2020 • Provide support to 4,000 persons (number of beneficiaries of two Centers)
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|102|2
|
HYUNDAI_2019
| 102 | 101 |
Look into a site for the 2nd Korea-Vietnam Joint Care Center, and provide support for the opening of a temporary office by the end of year • Open the 2nd Center in early 2020 • Provide support to 4,000 persons (number of beneficiaries of two Centers) • Develop into a base for resolving relevant social issues • Opened the 5th Hyundai Dream Center (April 2018, Philippines) ‒ 72 persons found employment at Hyundai dealer shops from among 89 graduates of the first and second group • Opened the 6th Hyundai Dream Center (April 2019, Peru) ‒ Choose 63 youths from low-income families for vocational education support for 3 years ‒ Offer job at agents to outstanding talents ‒ Contribute to enhancing women’s rights and interests • Diversify technical training to include commercial vehicles and electric vehicles • Expand our talent pool to include sales and production staff, in addition to maintenance staff <102 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|103|0
|
HYUNDAI_2019
| 103 | 102 |
<START 103> 103 1. Introduction 2. 2018 Highlights 3. Materiality Report 4. Sustainability Performance 5. Appendices Appendices <103 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|104|0
|
HYUNDAI_2019
| 104 | 103 |
<START 104> Performance Overview In 2018, the business environment remained challenging throughout the year due to a continued economic stagnation world-wide. A growing anti-globalization sentiment as well as protectionism in many parts of the world posed as barriers to the mid- to long-term growth strategy of automotive makers that have business operations across the world. Amid such macroeconomic trends, Hyundai missed its overall sales target for 2018 mainly due to sluggish sales in North America, Europe, Africa and the Middle East. Nevertheless, we achieved a number of qualitative results that will boost sales and profit for years to come, thanks to concerted effort by all our global members to become fundamentally competitive and thus thrive under any circumstances. In particular, sales of our IONIQ and other eco-friendly vehicles were exceptional in 2018, surpassing the previous year’s sales volume by 21% to a combined total of 282,000 units, demonstrating Hyundai’s growing global recognition as a leader of future mobility. As for the Genesis, our luxury brand, surpassed the 200,000 mark in global sales volume in October 2018, less than three years from its launch in November 2015, thereby receiving positive reviews and solidifying its position in the luxury brand segment. We intend to strengthen the competitiveness of our Genesis line-up, which is expected to contribute significantly to improving our profitability and brand value. In Korea, our market share rebounded thanks to the line-up we built up to better reflect customers’ diverse needs, combined with a wide range of services and communication efforts we put forward for customer satisfaction. We also revitalized our performance in Russia and Brazil, increasing our production capacity and actively conducting other market expansion efforts. Global Sales in 2018 (Unit: Vehicle) Korea 721,078 Passenger vehicles 691,827 Commercial vehicles 29,251 Overseas 3,868,121 North America (U.S., Canada, Mexico) 872,026 India 550,002
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|104|1
|
HYUNDAI_2019
| 104 | 103 |
n capacity and actively conducting other market expansion efforts. Global Sales in 2018 (Unit: Vehicle) Korea 721,078 Passenger vehicles 691,827 Commercial vehicles 29,251 Overseas 3,868,121 North America (U.S., Canada, Mexico) 872,026 India 550,002 Europe (Western, Eastern, Turkey) 588,928 Russia (Russia, CIS) 196,297 Central & South America (Brazil, Other Latin American countries) 319,625 Africa & Middle East 303,537 Asia-Pacific (Other countries in Asia-Pacific region, Australia) 203,442 China 790,177 Overseas commercial vehicles, etc. 44,087 Global Sales (Unit: Vehicle) Market Condition and Business Review in Korea Market Condition In 2018, domestic sales volume of small SUVs, medium SUVs and premium mid-sized cars increased 10.0%, 51.6% and 123.7%, respectively, while that of medium and semi-large cars fell 10.1% and 8.4%, respectively. The Korean auto market as a whole grew 8.8% over the previous year as the number of vehicles excluding imports sold during the year reached 1,552,000 vehicles. Business Review In 2018, Hyundai’s sales volumes in Korea grew 13.5% year-on-year to record 721,000 units on the strength of strong sales of the new Kona and Santa Fe. As of end of 2018, our market share, excluding imports, stood at 46.5%. Facing intensifying competition, Hyundai remained focused on customer satisfaction through product and service improvement and competitive pricing. Keenly aware of consumers’ increasingly diverse lifestyles, we followed up the success of our top-selling models with the introduction of the i40 Saloon and Tucson gasoline models, as well as the Veloster N that delivers a maximum driving pleasure. In 2018, we launched the Nexo fuel cell electric vehicle (FCEV) to strengthen our line-up of eco-friendly cars. We also cut the prices of popular mid- and large-sized as well as four high-performance models in a bid to increase consumers’ access to our products. In addition, we reorganized and expanded our service brand,
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|104|2
|
HYUNDAI_2019
| 104 | 103 |
ngthen our line-up of eco-friendly cars. We also cut the prices of popular mid- and large-sized as well as four high-performance models in a bid to increase consumers’ access to our products. In addition, we reorganized and expanded our service brand, Bluemembers, as part of our effort to innovate our customer service. Meanwhile, to make our operations more sustainable, we sought to promote environmental and social values by developing eco-friendly cars, reducing our carbon footprints, and growing together with suppliers. We also continued to contribute to society, including by supporting 37 social welfare programs, selected among those suggested by the general public, in diverse ways. 4,589,199 Total 104 Korea 721,078 North America (U.S., Canada, Mexico) 872,026 Russia (Russia, CIS) 196,297 China 790,177 Africa & Middle East 303,537 India 550,002 Europe (Western, Eastern, Turkey) 588,928 Central & South America (Brazil, Other Latin American countries) 319,625 Overseas commercial vehicles, etc. 44,087 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report Business Performance Asia-Pacific (Other countries in Asia-Pacific region, Australia) 203,442 Market Share in Korea: 46.5% 721,000 Sales in Korea units <104 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|105|0
|
HYUNDAI_2019
| 105 | 104 |
<START 105> Market Condition and Business Review by Region Market Condition In the US market, sales volume of recreational vehicles grew 7.4% year- on-year due to the popularity of small SUVs and pickup trucks, while passenger cars fell 13.4% due to a sluggish demand in all classes. The market as a whole increased 0.2% to 17,264,000 units. Market Condition In China, sales volume of SUVs, the largest segment, fell 4.2% in 2018, while the other segments declined about 5.0%, and as a result, the market as a whole sold 4.7% fewer units than in 2017 to a sales volume of 23,016,000 units. In India, annual sales volume increased by 5.1% ear-on-year to 3,371,000 units. The market leader Maruti Suzuki sold 1,731,000 units, 8.0% more; and the local automakers Mahindra and Tata sold 226,000 and 214,000 units, respectively, 1.5% and 26.3% more, than in 2017. Market Condition The European market entered a stagnation in 2018, ending the year with 16,020,000 units sold, a figure similar to sales in 2017. The sluggish growth reflects the tightening of CO2 remissions standards, including the adoption of the Worldwide Harmonised Light Vehicles Test (WLTP), which created a backlog of some auto makers waiting for certification, and a demand still trying to recover from the global financial crisis. Business Review In 2018, Hyundai sold 678,000 units, 1.1% fewer than in 2017, ending the year at a 3.9% market share. The number of the Tucson sold increased 24.0%, while that of the Accent and the Sonata declined 50.7% and 20.2%, respectively. However, as a result of our continued efforts for quality improvement and customer satisfaction, Hyundai was ranked third, for the second consecutive year, in the general brand category of the 2018 US Vehicle Dependability Study (VDS) conducted by J.D. Power, a US-based marketing information services company. The consistent performance can be attributed to the growth of the brand value based on the superior quality and marketability of Hyundai products. We were also recognized
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|105|1
|
HYUNDAI_2019
| 105 | 104 |
VDS) conducted by J.D. Power, a US-based marketing information services company. The consistent performance can be attributed to the growth of the brand value based on the superior quality and marketability of Hyundai products. We were also recognized by the global brand consultancy Interbrand as one of the fastest growing automobile brands, ranking 35th in 2016 and 2017, and 36th in 2018 in Interbrand’s Best Global Brands reports. Our Genesis brand, which entered the US market in August 2016, ranked No.1 in both the overall brand and the premium brand categories of J.D. Power’s 2018 US Initial Quality Study (IQS). The Genesis was also named the best luxury brand in the 2018 Vehicle Satisfaction Awards (VSA) announced by Auto Pacific, a US product-consulting firm, an endorsement of excellence that merit attention in the world’s largest auto market. Business Review In 2018, our sales volume in China rose 0.7% year-on-year to 790,000 units, accounting for 3.4% of the market. As a result of our efforts to boost customer satisfaction in the Chinese market, Beijing Hyundai Motor Company (BHMC) ranked first in the 2018 China Initial Quality Study (IQS), second in the 2018 China Sales Satisfaction Index (SSI), and third in the 2018 China Customer Service Index (CSI), all conducted by J.D. Power. BHMC also ranked first for two years in a row, 2017 and 2018, in the China Corporate Social Responsibility Index, thanks to our social contribution activities including sponsoring of the Chinese national football team and the Beijing International Marathon. We also established a fund dedicated to providing financial support for children’s traffic safety education programs and children of traffic accident victims. These activities also help Hyundai increase our brand awareness to Chinese customers. In India, our sales volume increased 4.3% year-on-year to 550,000 units in 2018, accounting for 16.3% of the entire market. Most notably, our
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|105|2
|
HYUNDAI_2019
| 105 | 104 |
affic accident victims. These activities also help Hyundai increase our brand awareness to Chinese customers. In India, our sales volume increased 4.3% year-on-year to 550,000 units in 2018, accounting for 16.3% of the entire market. Most notably, our new Verna won the prestigious ‘Indian Car of the Year (ICOTY)’ award, following in the tracks of the Grand i10 (2014), the Elite i20 (2015), and the Creta (2016-2018). Business Review Our 2018 sales volume in European markets rose 3.6% year-on-year to 545,000 units, accounting for 3.4% in market share, due mainly to robust sales of the Ionic Electric and the new Kona. However, in order to secure profitability going forward, we plan to focus on qualitative growth, building our inner strengths rather than offering excessive dealer incentives and boosting external growth. Even in the conservative European market, we are solidifying our position based on superior technology and design. We also made significant progress in our efforts to expand FCEVs in Europe. In August 2018, we signed an MOU with H2Energy for supplying 1,000 large FCEV trucks to the Swiss-based hydrogen solution provider, followed by another with a French company in October 2018 on jointly expanding the supply of FCEVs and hydrogen filling stations. In 2018, our Nexo and Kona both won Red Dot awards, earning a coveted recognition for excellence in design from the world’s leading design powerhouse. Receiving the recognition was a continuation of the proud tradition first set by the new Genesis and the i10 in 2014, then, the i20 and Sonata in 2015, and the IONIQ in 2016. In addition, the superior quality of the i30N, launched in early 2018, contributed to the new model reaching its annual sales target in the first six months of 2018. We will continue to introduce high-performance N models developed to maximize the customers’ joy of driving. US Market Asian Markets European (Western) Market 105 Market Share in the U.S.: 3.9% 678,000 Sales in the U.S. units
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|105|3
|
HYUNDAI_2019
| 105 | 104 |
first six months of 2018. We will continue to introduce high-performance N models developed to maximize the customers’ joy of driving. US Market Asian Markets European (Western) Market 105 Market Share in the U.S.: 3.9% 678,000 Sales in the U.S. units Market Share in Europe: 3.4% 545,000 Sales in Europe (Western) units Market Share in China: 3.4% 790,000 Sales in China units Market Share in India: 16.3% 550,000 Sales in India units 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <105 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|106|0
|
HYUNDAI_2019
| 106 | 105 |
<START 106> Classification Unit 2016 2017 2018 Note General Information Assets KRW billion 178,835.9 178,199.5 180,655.8 Consolidated figures basis Sales KRW billion 93,649.0 96,376.1 96,812.6 Consolidated figures basis Production Vehicle 4,865,500 4,506,996 4,635,356 Global Best-selling Models Elantra (Avante) Vehicle 875,275 669,663 702,497 As of the end of 2018 Tucson Vehicle 735,242 644,598 577,662 As of the end of 2018 Accent Vehicle 514,748 438,793 362,315 As of the end of 2018 Sonata Vehicle 354,838 430,752 315,507 As of the end of 2018 Santa Fe Vehicle 354,838 373,032 282,682 As of the end of 2018 Global Production Korea Vehicle 1,679,905 1,651,718 1,747,837 U.S. Vehicle 379,020 328,400 322,500 China Vehicle 1,142,000 800,000 794,000 India Vehicle 665,017 678,017 713,108 Czech Republic Vehicle 358,400 356,700 340,300 Turkey Vehicle 230,010 227,000 203,000 Russia Vehicle 207,000 233,500 246,500 Brazil Vehicle 161,756 182,773 192,855 China (Commercial) Vehicle 37,881 27,941 12,195 Vietnam Vehicle - 16,617 56,028 Transformed from consignment (commercial) to venture investment in 2017 Consignment (Commercial) Vehicle 4,511 4,330 5,200 Vietnam (Commercial) Vehicle - - 1,653 Transformed from consignment (commercial) to venture investment in 2018 Russia (Commercial) Vehicle - - 180 Transformed from consignment (commercial) to venture investment in 2018 Total Vehicle 4,865,500 4,506,996 4,635,356 Global Sales Korea Vehicle 658,642 688,939 721,078 Overseas Vehicle 4,201,407 3,817,336 3,868,121 Total Vehicle 4,860,049 4,506,275 4,589,199 CORPORATE PROFILE (Production and Sales) 106 Facts & Figures 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <106 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|107|0
|
HYUNDAI_2019
| 107 | 106 |
<START 107> Classification Unit 2016 2017 2018 Note Number of Employees Korea 66,890 68,876 69,755 As of the last business day; and the past calendar year’s figure changed due to an adjustment to the collection criteria for the number of directly employed staff Overseas 50,499 53,341 54,166 The number of permanent and temporary workers as of year-end Ratio of employees working overseas % 43.0 43.6 43.7 Total 117,389 122,217 123,921 Number of Employees by Region Korea 66,890 68,876 69,755 North America 9,886 10,942 11,332 Europe 6,625 9,955 9,745 China 19,447 19,100 18,132 India 9,284 9,318 9,323 Others 5,257 4,026 5,634 Total 117,389 122,217 123,921 Number of Employees by Duty in Korea Management 369 466 442 Research fellow 19 22 22 Research 10,037 10,565 10,889 Office work 11,756 12,659 12,512 Technical/Production/Maintenance 35,439 35,669 35,983 Sales 6,185 6,190 6,095 Others 3,085 3,305 3,812 Advisor, specially appointed staff for special duties, temporary staff, etc. Total 66,890 68,876 69,755 Number of Employees by Gender Korea 66,890 68,876 69,755 - Male 63,454 65,471 66,178 - Female 3,436 3,405 3,577 Overseas 51,430 53,341 54,166 - Male 45,989 47,737 48,271 - Female 5,441 5,604 5,895 CORPORATE PROFILE (Employees and Supply Chain) 107 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <107 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|108|0
|
HYUNDAI_2019
| 108 | 107 |
<START 108> Classification Unit 2016 2017 2018 Note Financial Highlights Statements of financial position (Consolidated) Total assets KRW billion 178,836 178,199 180,656 Total liabilities KRW billion 106,491 103,442 106,760 Total equity KRW billion 72,345 74,757 73,896 Statements of financial position (Separate) Total assets KRW billion 69,851 70,131 69,743 Total liabilities KRW billion 17,271 15,906 17,167 Total equity KRW billion 52,580 54,224 52,576 Statements of income (Consolidated) Sales KRW billion 93,649 96,376 96,813 Operating profit KRW billion 5,194 4,575 2,422 Net profit KRW billion 5,720 4,546 1,645 Includes minority interest of consolidated net income EBITDA KRW billion 8,552 8,104 6,184 Based on Bloomberg (sum of operating profit, depreciation of tangible assets, depreciation of real estate held for investment, and depreciation of intangible assets) Statements of income (Separate) Total assets KRW billion 41,714 41,605 43,160 Total liabilities KRW billion 2,699 2,163 -59 Total equity KRW billion 4,102 2,551 415 EBITDA KRW billion 4,913 4,467 2,447 Based on Bloomberg (sum of operating profit, depreciation of tangible assets, depreciation of real estate held for investment, and depreciation of intangible assets) Profitability ratio (Consolidated) Operating profit margin % 5.5 4.7 2.5 Net profit margin % 6.1 4.7 1.7 Profitability ratio (Separate) Operating profit margin % 6.5 5.2 -0.1 Net profit margin % 9.8 6.1 1.0 ANNUAL PERFORMANCE 108 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <108 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|109|0
|
HYUNDAI_2019
| 109 | 108 |
<START 109> Classification Unit 2016 2017 2018 Note Compliance Management Education Number of training sessions in Korea 83 34 26 Sum of online trainings (3) and collective trainings (23) Number of participants in Korea 27,470 25,089 24,959 Sum of participants of online trainings (23,236) and collective trainings (1,723) Number of training sessions overseas Case 1 1 4 Sum of online training for expatriates (1) and collective training for overseas compliance (3) Number of participants overseas 610 800 988 Sum of participants of online training for expatriates (728) and collective training for overseas compliance (260) Non-compliance with Regulations and Voluntary Codes Legal sanction against the violation of fair trade Case 0 0 0 Violations related to unfair competition, such as collusion and monopoly Marketing activities in Korea Case 0 0 0 Incidents of non-compliance with laws and regulations and voluntary codes concerning advertising, sales promotion, and sponsorship; based on a business report Marketing activities overseas Case 0 0 0 Protection of product information Case 1 0 0 Incidents of non-compliance with laws and regulations and number of administrative actions regarding information provided to customers to inform them of vehicle performance and function, such as fuel efficiency Penalty and fine for non-compliance with environmental regulations KRW million 5.9 73.4 17.0 Overseas manufacturing plants have been added to the reporting scope since 2016 Distribution of Economic Value (Consolidated figures basis) Dividends (Shareholders and investors) KRW billion 1,080 1,080 1,066 Interest expenses (Shareholders and investors) KRW billion 272 333 307 Refer to ‘financial income and financial expense’ in the notes to the consolidated financial statement Salaries (Employees) KRW billion 8,878 8,921 8,894 Refer to ‘classification of expenses by nature’ in the notes to the consolidated financial statement Raw materials costs (Suppliers) KRW billion 52,102 53,039 56,845
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|109|1
|
HYUNDAI_2019
| 109 | 108 |
consolidated financial statement Salaries (Employees) KRW billion 8,878 8,921 8,894 Refer to ‘classification of expenses by nature’ in the notes to the consolidated financial statement Raw materials costs (Suppliers) KRW billion 52,102 53,039 56,845 Refer to ‘classification of expenses by nature (raw material and product usage amount)’ in the notes to the consolidated financial statement Income tax (Government) KRW billion 1,587 -108 885 Refer to ‘income tax’ in the notes to the consolidated financial statement Donation (Local communities) KRW billion 76 69 85 Refer to ‘other income/expense’ in the notes to the consolidated financial statement Total KRW billion 63,995 63,334 68,083 Distribution of Economic Value (Separate figures basis) Dividends (Shareholders and investors) KRW billion 1,080 1,080 1,066 Interest expenses (Shareholders and investors) KRW billion 129 191 156 Refer to ‘financial income and financial expense’ in the notes to the financial statement Salaries (Employees) KRW billion 6,265 6,266 6,127 Refer to ‘classification of expenses by nature in the notes to the financial statement Raw materials costs (Suppliers) KRW billion 25,001 25,828 29,025 Refer to ‘classification of expenses by nature (raw material and product usage amount)’ in the notes to the financial statement Income tax (Government) KRW billion 841 526 295 Refer to ‘income tax’ in the notes to the financial statement Donation (Local communities) KRW billion 50 48 64 Refer to ‘other income/expense’ in the notes to the financial statement Total KRW billion 33,366 33,938 36,733 OUR SYSTEM 109 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <109 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|110|0
|
HYUNDAI_2019
| 110 | 109 |
<START 110> Classification Unit 2016 2017 2018 Note Customer Quality index (Based on the survey conducted by J.D. Power and Associates) U.S. Vehicle Dependability Study (Hyundai) Ranking (Score) 9th (158) 3rd (133) 3rd (124) 5th place in 2019 (124 points): Based on non-premium brand U.S. Initial Quality Study (Hyundai) Ranking (Score) 2nd (92) 4th (88) 2nd (74) Based on non-premium brand U.S. Initial Quality Study (Genesis) Ranking (Score) - 1st (77) 1st (68) Based on premium brand (first survey of Genesis as premium brand in 2017) Customer satisfaction survey External evaluation — National Customer Satisfaction Index (NCSI) Ranking 1st place at all segments 1st place at all segments 1st place at all segments Compact, semi-medium, medium, semi-large, large, RV External evaluation — Korean Standard-Quality Excellence Index (KS-QEI) Ranking 1st place at all segments 1st place at all segments 1st place at all segments Semi-medium, medium, RV, after-sales service External evaluation — Korean Customer Satisfaction Index (KCSI) Ranking 1st place at all segments 1st place at all segments 1st place at all segments Passenger vehicle, RV OUR VALUE 110 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <110 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|111|0
|
HYUNDAI_2019
| 111 | 110 |
<START 111> Classification Unit 2016 2017 2018 Note Environment Energy consumption LNG MWh 3,821,131 3,839,712 3,975,889 Based on Hyundai’s domestic business sites and overseas manufacturing plants (using energy conversion coefficient provided by the comprehensive national GHG management system) Electricity MWh 3,596,858 3,610,742 3,721,273 Diesel, Kerosene, Gasoline MWh 178,493 180,747 153,458 Liquefied fuel MWh 1,585 1,673 1,751 Gaseous fuel MWh 1,480 894 1,929 Total MWh 7,599,547 7,633,769 7,854,301 Energy intensity Energy consumption in producing one vehicle MWh/Vehicle 1.562 1.694 1.694 Total of ‘Energy consumption’ ÷ Total of ‘Global production’ Greenhouse gas emissions Scope 1 tCO2e 822,273 846,371 831,180 - Based on emissions of CO2, CH4, N2O; starting in 2016, Scope 3 emissions are measured for the last 3 years - Detailed information on Scope 3 has been disclosed through CDP - Among CDP items, upstream transportation & logistics, upstream lease assets and franchise are excluded - Of the Scope 3 items, the emissions related to “investment” are calculated only for companies with a stake of 25% or more in Hyundai Scope 2 tCO2e 2,032,654 1,872,132 1,920,126 Scope 3 tCO2e 7,209,437 7,166,053 5,659,892 Total tCO2e 10,064,364 9,884,556 8,411,198 Greenhouse gas emission intensity Greenhouse gas emissions in producing one vehicle tCO2e/Vehicle 2.069 2.193 1.815 Total of ‘Greenhouse gas emissions’ ÷ Total of ‘Global production’ Year-on-year change of greenhouse gas emissions Scope 1 tCO2e 24,882 24,098 -15,191 Scope 2 tCO2e 132,711 -160,522 47,994 Scope 3 tCO2e -471,336 -43,384 -1,506,161 Total change tCO2e -313,743 -179,808 -1,473,358 Raw materials Steel (amounts used) Ton 1,249,939 1,148,388 1,173,455 Steel (scrap) Ton 458,982 477,680 453,788 Aluminum (amounts used) Ton 109,122 117,252 108,399 Aluminum (scrap) Ton 30,593 30,132 27,841 111 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|111|1
|
HYUNDAI_2019
| 111 | 110 |
,388 1,173,455 Steel (scrap) Ton 458,982 477,680 453,788 Aluminum (amounts used) Ton 109,122 117,252 108,399 Aluminum (scrap) Ton 30,593 30,132 27,841 111 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <111 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|112|0
|
HYUNDAI_2019
| 112 | 111 |
<START 112> Classification Unit 2016 2017 2018 Note Environment Water consumption Withdrawal Ton 21,630,902 21,835,714 22,184,515 Consumption Ton 16,927,711 17,761,786 17,865,478 Discharge Ton 9,736,760 9,254,825 9,836,345 Consumption of refrigerant (HFC, R135a, etc.) Total Ton 621 1,062 1,296 - Korea Ton 4 3 9 - Overseas Ton 617 1,059 1,287 VOC emissions Total Ton 10,367 8,398 7,719 - Korea Ton 7,241 6,292 6,707 - Overseas Ton 3,126 2,106 1,012 Total Ton 1,172 1,256 1,065 - CO (by type) Ton 275 384 276 - SOx (by type) Ton 37 28 17 Air emissions - NOx (by type) Ton 460 399 327 - PM (by type) Ton 400 445 444 - Korea (by region) Ton 342 392 419 - Overseas (by region) Ton 830 864 646 112 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <112 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|113|0
|
HYUNDAI_2019
| 113 | 112 |
<START 113> Classification Unit 2016 2017 2018 Note Environment Water pollutants Total kg 683,350 649,860 652,757 - COD (by type) kg 173,092 174,193 198,383 - BOD (by type) kg 20,418 24,124 22,743 - SS (by type) kg 26,420 29,393 42,399 - n-H (by type) kg 166 515 364 - Others (by type) kg 463,254 421,635 388,867 - Korea (by region) kg 33,355 34,726 33,300 - Overseas (by region) kg 649,995 615,134 619,456 Weight of waste Total Ton 665,768 857,146 573,123 - General waste (by type) Ton 619,751 810,992 528,116 - Designated waste (by type) Ton 46,017 46,154 45,007 - Korea (by region) Ton 332,225 542,106 307,729 - Overseas (by region) Ton 333,543 315,040 265,395 Weight of waste by disposal method Total Ton 559,091 784,219 573,021 - Landfill Ton 27,275 34,404 29,266 - Incineration Ton 33,765 34,633 40,011 - Recycling Ton 493,102 709,841 496,992 - Others Ton 4,948 5,341 6,752 Weight of hazardous chemical substances Total Ton 4,583 3,930 4,723 - Korea Ton 900 458 456 - Overseas Ton 3,683 3,473 4,268 Environmental costs Costs and investments for environmental protection KRW billion 156.0 136.6 118.4 113 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <113 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|114|0
|
HYUNDAI_2019
| 114 | 113 |
<START 114> Classification Unit 2016 2017 2018 Note Collaboration Support for Foundation of Korea Automotive Parts Industry Promotion Quality and Technology Volunteer Group Company 101 107 108 Integrated figure of Hyundai and Kia; 6 tier 1 suppliers and 102 tier 2 and 3 suppliers Supplier Support Group Company 50 48 54 Integrated figure of Hyundai and Kia; 22 tier 1 suppliers and 32 tier 2 suppliers Cumulative number of suppliers in joint expansion partnership Number of suppliers Company 700+ 700+ 800+ Integrated figure of Hyundai and Kia; around 300 tier 1 suppliers and around 500 tier 2 suppliers Suppliers in joint growth and fair trade agreements Number of suppliers in the agreements Company 298 285 273 Integrated figure of Hyundai and Kia; 125 small- sized suppliers and 148 medium-sized suppliers Recruitment of suppliers Number of people hired 13,000 11,300 11,500 People Security practices (Korea) Total number of security staff (Internal) 359 379 343 Total number of security staff (Outsourced) 614 604 603 No. of security personnel trained in the organization’s human rights policies 933 962 925 Labor union membership (Korea) Number of people with labor union membership 48,150 48,261 47,807 Labor union membership percentage % 72.0 70.1 68.5 New recruitment (Korea) Number of people hired 5,301 4,370 4,154 Employee turnover (Korea) Number of employee turnover % 1.23 1.75 3.62 From among the year’s resigned employees, those whose reason for resigning is changing to a different company Employee turnover rate % 0.23 0.34 0.70 Organizational culture survey Organizational culture survey score Point (N/A) 58.7 61.7 - For the previous year’s report, we disclosed the employee satisfaction survey score in the 2017 organization culture survey - In this year’s report, we changed our data as we continued to conduct an organizational culture survey Employee satisfaction survey score Point 3.55 (N/A) (N/A) Our standard has been changed from employee
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|114|1
|
HYUNDAI_2019
| 114 | 113 |
e in the 2017 organization culture survey - In this year’s report, we changed our data as we continued to conduct an organizational culture survey Employee satisfaction survey score Point 3.55 (N/A) (N/A) Our standard has been changed from employee satisfaction survey scores to organizational culture survey score in 2017 Number of female employees by region Number of female employees (Korea) 3,436 3,405 3,577 Number of female executives (Korea) 4 3 2 Number of female employees (North America) 1,390 1,431 1,504 Number of female executives (North America) 6 6 5 114 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <114 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|115|0
|
HYUNDAI_2019
| 115 | 114 |
<START 115> Classification Unit 2016 2017 2018 Note People Number of female employees by region Number of female employees (Europe) 1,212 1,363 1,419 Number of female executives (Europe) 2 2 1 Number of female employees (China) 2,152 2,134 2,131 Number of female executives (China) 10 10 8 Number of female employees (India) 160 155 177 Number of female executives (India) 0 0 0 Number of female employees (Others) 527 521 664 Number of female executives (Others) - - - Total number of female employees 8,877 9,009 9,472 Total number of female executives 22 21 16 Total female employment rate % 7.5 7.4 7.6 Total number of female employees ÷ Total number of employees Number of female managers Number of managers in Korea 14,509 14,883 14,115 - The scope of managers is more than managerial level, including general, research, special, and executive except for the Executive Vice Chairman and advisors - Data on overseas managers and overseas female managers has been collected and reported since 2018 Number of female managers in Korea 331 399 461 Number of managers overseas - - 3,042 Number of managers overseas - - 493 Total number of managers - - 17,157 Total number of female managers - - 954 Ratio of female managers % - - 5.6 Employees with disabilities (Korea) Number of employees with disabilities 1,867 2,501 2,055 Percentage of employees with disabilities % 2.75 2.97 2.95 Total number of employees with disabilities ÷ Total number of employees in Korea Number of employees by age Under 30 years old 6,373 6,404 7,602 30-50 years old 35,937 34,633 32,199 Over 50 years old 25,511 27,839 29,954 Total 67,821 68,876 69,755 Employee training (Korea) Training expenses per employee KRW 10,000 55 43 40 Training hours per employee Hours 56 45 38 Total training expenses KRW billion 36.9 29.3 26.0 115 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <115 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|116|0
|
HYUNDAI_2019
| 116 | 115 |
<START 116> Classification Unit 2016 2017 2018 Note People Number of employees on parental leave (Male) 50 22 93 As of the end of 2018 Parental leave (Korea) Number of employees on parental leave (Female) 212 123 122 Return rate after parental leave (Male) % 89.1 88.9 92.5 Percentage of total reinstated employees against number of employees in parental leave Return rate after parental leave (Female) % 89.1 87.0 97.5 Retention rate after parental leave (Male) % 96 94.2 100.0 Percentage of employees retained for at least 12 months against number of employees in parental leave Retention rate after parental leave (Female) % 85.6 96.4 98.3 Occupational accidents No. of employees involved in occupational accidents (Korea) 217 210 286 Based on figures of Ulsan, Asan and Jeonju plants in Korea Accident rate (Korea) % 0.55 0.53 0.71 No. of employees involved in occupational accidents (Overseas) 38 41 32 Based on figures of overseas manufacturing plants Accident rate (Overseas) % 0.10 0.11 0.09 No. of employees involved in occupational accidents (Total) 255 251 318 Based on figures of Ulsan, Asan and Jeonju plants in Korea, and overseas manufacturing plants Accident rate (Total) % 0.34 0.33 0.42 LTIFR Business Sites (Korea) % 1.87 1.96 2.39 - LTIFR (Lost-Time Injuries Frequency Rate) = (Number of lost-time injuries × 1,000,000) ÷ (Total hours worked in accounting period) - Based on figures of Ulsan, Asan and Jeonju plants in Korea, and overseas manufacturing plants - In case of overseas supplier LTIFR and supplier LTIFR total, Hyundai Motor Brazil (HMB) is excluded Business Sites (Overseas) % 0.41 0.47 0.33 Business Sites (Total) % 1.16 1.28 1.46 Suppliers (Korea) % 1.76 1.62 2.46 Suppliers (Overseas) % 0.12 0.04 0.10 Suppliers (Total) % 0.54 0.46 0.67 OIFR Business Sites (Korea) % 0.70 0.49 0.86 - OIFR (Occupational Injuries Frequency Rate) = (Number of occupational illness cases × 1,00,000) ÷ (Total hours worked in accounting period)
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|116|1
|
HYUNDAI_2019
| 116 | 115 |
erseas) % 0.12 0.04 0.10 Suppliers (Total) % 0.54 0.46 0.67 OIFR Business Sites (Korea) % 0.70 0.49 0.86 - OIFR (Occupational Injuries Frequency Rate) = (Number of occupational illness cases × 1,00,000) ÷ (Total hours worked in accounting period) - Based on figures of Ulsan, Asan and Jeonju plants in Korea, and overseas manufacturing plants Business Sites (Overseas) % 0.06 0.10 0.11 Business Sites (Total) % 0.39 0.31 0.52 116 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <116 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|117|0
|
HYUNDAI_2019
| 117 | 116 |
<START 117> Classification Unit 2016 2017 2018 Note Community Social welfare KRW million 22,252 23,147 48,817 Social contributions by theme (Korea) Medical and healthcare KRW million 380 414 85 Education KRW million 10,369 18,969 11,691 Culture & Sports KRW million 27,004 11,210 11,166 Environmental protection KRW million 1,310 7,001 2,482 Emergency relief KRW million 5,508 1,203 335 International exchange KRW million 1,941 1,380 1,273 Others KRW million 6,738 1,635 1,425 Total KRW million 75,502 64,959 77,275 Social contributions expenditure by type (Korea) Cash contribution KRW million 50,242 42,554 62,663 In-kind giving KRW million 11,511 8,297 2,705 Management overhead KRW million 13,749 14,109 11,907 Voluntary performance of employees (Korea) Number of volunteer activities Case 2,348 2,129 1,873 Number of participants 28,462 17,105 17,879 Number of hours participated Hour 144,697 125,093 59,508 Social contributions by region Americas USD 20,178,196 20,281,277 19,708,964 Regions of North America and Central & South America Asia-Pacific, Middle East, and Africa USD 2,360,678 3,343,664 3,902,344 Regions of Asia-Pacific, Africa & Middle East, and India Europe USD 1,587,648 1,703,200 1,338,128 Regions of Europe and Russia China USD 285,065 372,181 756,000 Total USD 24,411,587 25,700,322 25,705,436 Membership fees Total KRW million 6,759 6,677 7,489 Non-political support for industry-related associations (Korea) Major organization donations Foundation of Korea Automotive Parts Industry Promotion KRW million 2,750 3,124 3,300 Korea Automobile Manufacturers Association KRW million 2,577 2,171 2,037 Korea Intelligent Automotive Parts Promotion Institute KRW million - - 460 Korea Automotive Technology Institute KRW million 309 302 305 H2KOREA KRW million - - 200 117 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <117 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|118|0
|
HYUNDAI_2019
| 118 | 117 |
<START 118> Disclosure 2019 Report No. Core Title Page Note 102-01 Core Name of the organization 4 102-02 Core Activities, brands, products, and services 4-5 102-03 Core Location of headquarters 125 102-04 Core Location of operations 5 102-05 Core Ownership and legal form 4 102-06 Core Markets served 5, 104-105 102-07 Core Scale of the organization 4, 106-108 102-08 Core Information on employees and other workers 4, 107 102-09 Core Supply chain 68-77 102-10 Core Significant changes to the organization and its supply chain - No significant changes 102-11 Core Precautionary Principle or approach 44 102-12 Core External initiatives 32-34, 36, 38, 93-97 102-13 Core Membership of associations 117 102-14 Core Statement from senior decision-maker 3 102-15 Key impacts, risks, and opportunities 34, 36, 38 102-16 Core Values, principles, standards, and norms of behavior 6-7, 43 102-17 Mechanisms for advice and concerns about ethics 43 102-18 Core Governance structure 41-42 102-21 Consulting stakeholders on economic, environmental, and social topics 42 102-22 Composition of the highest governance body and its committees 41-42 102-23 Chair of the highest governance body 41 102-24 Nominating and selecting the highest governance body 41-42 102-27 Collective knowledge of highest governance body 41 102-28 Evaluating the highest governance body’s performance 42 102-33 Communicating critical concerns 41-42 102-34 Nature and total number of critical concerns 32-33 102-35 Remuneration policies 42 102-38 Annual total compensation ratio 42 Universal Standards 118 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report GRI Index <118 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|119|0
|
HYUNDAI_2019
| 119 | 118 |
<START 119> Disclosure 2019 Report No. Core Title Page Note 102-40 Core List of stakeholder groups 31 102-41 Core Collective bargaining agreements 87, 114 102-42 Core Identifying and selecting stakeholders 31 102-43 Core Approach to stakeholder engagement 31 102-44 Core Key topics and concerns raised 31 102-45 Core Entities included in the consolidated financial statements - Business report 102-46 Core Defining report content and topic Boundaries 32-33 102-47 Core List of material topics 32-33 102-48 Core Restatements of information 125 102-49 Core Changes in reporting - No significant changes 102-50 Core Reporting period 125 102-51 Core Date of most recent report 125 102-52 Core Reporting cycle 125 102-53 Core Contact point for questions regarding the report 125 102-54 Core Claims of reporting in accordance with the GRI Standards 125 102-55 Core GRI content index 118-121 102-56 Core External assurance 122-124 Disclosure 2019 Report Topic Name No. Title Page Note Indirect Economic Impacts 103-01 Explanation of the material topic and its Boundary 38-39 103-02 The management approach and its components 38-39 103-03 Evaluation of the management approach 38-39 203-01 Infrastructure investments and services supported 39, 63, 89-102, 117 203-02 Significant indirect economic impacts 39, 63, 89-102 Emissions 103-01 Explanation of the material topic and its Boundary 34-35 103-02 The management approach and its components 34-35 103-03 Evaluation of the management approach 34-35 305-01 Direct (Scope 1) GHG emissions 67, 111 305-02 Energy indirect (Scope 2) GHG emissions 67, 111 305-03 Other indirect (Scope 3) GHG emissions 63, 67, 111 Topic Specific Standards _ Material Topics 119 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <119 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|120|0
|
HYUNDAI_2019
| 120 | 119 |
<START 120> Disclosure 2019 Report Topic Name No. Title Page Note Emissions 305-04 GHG emissions intensity 111 305-05 Reduction of GHG emissions 63-64, 67, 111 305-06 Emissions of ozone-depleting substances (ODS) 112 305-07 Nitrogen oxides (NOX), sulfur oxides (SOX), and other significant air emissions 112 Customer Health and Safety 103-01 Explanation of the material topic and its Boundary 36-37 103-02 The management approach and its components 36-37 103-03 Evaluation of the management approach 36-37 416-01 Assessment of the health and safety impacts of product and service categories 36-37 416-02 Incidents of non-compliance concerning the health and safety impacts of products and services - Business report Topic Specific Standards _ Non Material Topics Disclosure 2019 Report No. Title Page Note 201-01 Direct economic value generated and distributed 109 201-02 Financial implications and other risks and opportunities due to climate change 34, 63-64, 66 201-03 Defined benefit plan obligations and other retirement plans 84 201-04 Financial assistance received from government - 202-01 Ratios of standard entry level wage by gender compared to local minimum wage - 202-02 Proportion of senior management hired from the local community - 204-01 Proportion of spending on local suppliers - 205-01 Operations assessed for risks related to corruption - 205-02 Communication and training about anti-corruption policies and procedures 43, 70, 109 205-03 Confirmed incidents of corruption and actions taken - None incident occurred 206-01 Legal actions for anti-competitive behavior, anti-trust, and monopoly practices 109 301-01 Materials used by weight or volume 111 301-02 Recycled input materials used 62 301-03 Reclaimed products and their packaging materials 62 302-01 Energy consumption within the organization 111 302-02 Energy consumption outside of the organization - 302-03 Energy intensity 111 302-04 Reduction of energy consumption 63-64 302-05 Reductions in energy requirements of products and services 61 120
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|120|1
|
HYUNDAI_2019
| 120 | 119 |
302-01 Energy consumption within the organization 111 302-02 Energy consumption outside of the organization - 302-03 Energy intensity 111 302-04 Reduction of energy consumption 63-64 302-05 Reductions in energy requirements of products and services 61 120 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <120 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|121|0
|
HYUNDAI_2019
| 121 | 120 |
<START 121> Topic Specific Standards _ Non Material Topics Disclosure 2019 Report No. Title Page Note 303-01 Water withdrawal by source 112 303-02 Water sources significantly affected by withdrawal of water 65, 112 303-03 Water recycled and reused - 306-01 Water discharge by quality and destination 112 306-02 Waste by type and disposal method 113 306-03 Significant spills - None incident occurred 307-01 Non-compliance with environmental laws and regulations 113 In the case of significant fines and penalties of more than USD $ 10,000, one case occurred at Jeonju plant in 2017. Penalty on violating Clean Air Conservation Act Article 31 by influx of outside air into the discharge facility 401-01 New employee hires and employee turnover 114 401-02 Benefits provided to full-time employees that are not provided to temporary or part-time employees 84 401-03 Parental leave 116 403-02 Types of injury and rates of injury, occupational diseases, lost days, and absenteeism, and number of work-related fatalities 116 403-03 Workers with high incidence or high risk of diseases related to their occupation 116 Hyundai conducts harmful factor assessments and operates prevention programs because production line workers are exposed to possible risks of a musculoskeletal disorder and hardness of hearing 404-01 Average hours of training per year per employee 115 404-02 Programs for upgrading employee skills and transition assistance programs 82-83 405-01 Diversity of governance bodies and employees 114-115 406-01 Incidents of discrimination and corrective actions taken - No incidents of discrimination occurred 407-01 Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk - No business sites and suppliers at significant risk identified 408-01 Operations and suppliers at significant risk for incidents of child labor - No business sites and suppliers at significant risk identified 409-01
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|121|1
|
HYUNDAI_2019
| 121 | 120 |
ollective bargaining may be at risk - No business sites and suppliers at significant risk identified 408-01 Operations and suppliers at significant risk for incidents of child labor - No business sites and suppliers at significant risk identified 409-01 Operations and suppliers at significant risk for incidents of forced or compulsory labor - No business sites and suppliers at significant risk identified 410-01 Security personnel trained in human rights policies or procedures 114 411-01 Incidents of violations involving rights of indigenous peoples - None incident of violations occurred 413-01 Operations with local community engagement, impact assessments, and development programs 92-100 413-02 Operations with significant actual and potential negative impacts on local communities - No business sites with significant negative impact 415-01 Political contributions - In South Korea, Political contribution is prohibited 417-01 Requirements for product and service information and labeling 57 417-02 Incidents of non-compliance concerning product and service information and labeling 109 417-03 Incidents of non-compliance concerning marketing communications 109 419-01 Non-compliance with laws and regulations in the social and economic area 109 121 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <121 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|122|0
|
HYUNDAI_2019
| 122 | 121 |
<START 122> 122 Introduction Hyundai Motor Company (“HMC”) commissioned DNV GL Business Assurance Korea Ltd. (“DNV GL”), part of DNV GL Group, to undertake independent assurance of the Sustainability Report 2019 (the “Report”). The directors of HMC have sole responsibility for the preparation of the Report. The responsibility of DNV GL in performing the assurance work is to the management of HMC in accordance with the terms of reference. DNV GL’s assurance engagements are based on the assumption that the data and information provided by the client to us as part of our review have been provided in good faith. Scope and Basis of assurance Based on non-financial data and sustainability activities and performance data of 2018 generated from HMC, we have evaluated the adherence to AA1000 Accountability Principles 2018 1 and assessed the quality of sustainability performance information. We have reviewed that the Topic-specific disclosures of GRI Standards which are identified in the process for defining report content; No. Material Topic GRI Disclosure 1 Producing Eco-friendly Vehicles 305-1, 2, 3, 4, 5 2 Customer and Product Safety 416-2 3 Social Value Creation 203-1, 2 We performed our work using AA1000AS 2008 2 and DNV GL’s assurance methodology VeriSustainTM 3 (Version 5.0) which is based on our professional experience, international assurance best practices. DNV GL provides Type 1 and the moderate level of assurance. The assurance was carried out from April and till June 2019. The site visits were made to HMC’s Headquarters in Seoul, Korea. We undertook the following activities as part of the assurance process: • challenged the sustainability-related statements and claims made in the Report and assessed the robustness of the underlying data management system, information flow and controls; • interviewed representatives from the various departments; • conducted document reviews, data sampling and interrogation of supporting databases and associated
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|122|1
|
HYUNDAI_2019
| 122 | 121 |
ed the robustness of the underlying data management system, information flow and controls; • interviewed representatives from the various departments; • conducted document reviews, data sampling and interrogation of supporting databases and associated reporting system as they relate to selected content and performance data; • reviewed the materiality assessment report. 1 AA1000 AccountAbility Principles 2018: Internationally accepted, four principles-based framework and guidance that organisations can use to identify, prioritise and respond to sustainability performance and reponsibility. 2 AA1000 Assurance Standard 2008: Internationally accepted, freely available standard that provides the requirements for conducting sustainability 12assurance. 3 The VeriSustain protocol is available upon request at DNV GL Website (www.dnvgl.com) Limitations The engagement excludes the sustainability management, performance and reporting practices of HMC’ subsidiaries, associated companies, suppliers, contractors and any third-parties mentioned in the Report. We did not interview external stakeholders as part of this Assurance Engagement. Economic performance based on the financial data is cross- checked with internal documents, the audited consolidated financial statements and the announcement disclosed at the website of Korea Financial Supervisory Service (http://dart.fss.or.kr) as well as HMC’s website (www.hyundai.com). These documents, financial statements and the announcements are not included in this Assurance Engagement. Limited depth of evidence gathering including inquiry and analytical procedures and limited sampling at lower levels in the organization were applied. The baseline data for environmental and social performance are not verified, while the aggregated data at the corporate level are used for the verification. DNV GL expressly disclaims any liability or co-responsibility for any decision a person or an entity may make based on this Assurance Statement. Conclusion
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|122|2
|
HYUNDAI_2019
| 122 | 121 |
are not verified, while the aggregated data at the corporate level are used for the verification. DNV GL expressly disclaims any liability or co-responsibility for any decision a person or an entity may make based on this Assurance Statement. Conclusion On the basis of the work undertaken, nothing comes to our attention to suggest that the reported data and information disclosed in the Report do not give a fair representation of HMC’s related sustainability performance. Further opinions with regards to the adherence to the Principles are made below; The Principle of Inclusivity HMC has identified internal and external stakeholder groups such as Customers·Dealers, Employees, Government, Shareholders·Investors, Suppliers and Local Communities. HMC engages with the stakeholders at the company and business unit levels through various channels. The examples of approaches to engage with selected stakeholders and relevant organizations are described in the Report. HMC has established CSV (Creating Shared Value) strategy based on five area: Eco-friendly, Mobile innovation, Traffic safety, Future generation and community. HMC is promoting new sustainability management activities related to not only develop business but also solve local community problems. The Principle of Materiality HMC has conducted the materiality assessment to prepare the Report. Various issues have been derived by analysing the topics covered in various global initiatives and standards, reviewing industry peers’ reports and media reports. The issue pools were used on internal and external stakeholder survey to rate the material topics and subsequently 3 material topics are prioritized. We have reviewed the materiality assessment process and noted relevant material topics prioritized from the process are addressed in the Report. The Principle of Responsiveness The Report presents HMC’s CSV strategy system which includes vision and 3 core strategies. In addition, the Report
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|122|3
|
HYUNDAI_2019
| 122 | 121 |
sment process and noted relevant material topics prioritized from the process are addressed in the Report. The Principle of Responsiveness The Report presents HMC’s CSV strategy system which includes vision and 3 core strategies. In addition, the Report discloses the business results, decisions, key performance and future plans on material topics in terms of sustainability during the reporting period. HMC identifies material sustainability topic (Eco-friendly Vehicles, Customer & Product Safety and Social Value Creation) as stakeholder interest issues and presented management approaches and major achievements for each stakeholder issue in the Report. As the proposition of sales in overseas markets and supply chain management issues increase, HMC could consider including the opinions of overseas investors and international standards for supply chain management when reviewing stakeholders’ opinions. HMC also could report measurable targets for medium and long-term sustainability aspects in the future reporting and the progress. 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report Independent Assurance Statement <122 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|123|0
|
HYUNDAI_2019
| 123 | 122 |
<START 123> 123 The Principle of Impact The Report presents the direct and indirect impacts of material topics identified materiality assessment. We have reviewed that HMC identifies, monitors and assess the impacts of material topics to stakeholders. HMC is paying attention to the environment and safety impacts of its products, demonstrating the impact of expanding the development and distribution of eco-friendly vehicles, and application of advanced safety technologies. In the future, the impacts could be measured and disclosed in the future reporting. Reliability of Specific sustainability performance information We have reviewed the reliability of the disclosure data - water consumption, waste generation, LTIFR (Lost Time Injury Frequency Rate), OIFR (Occupational Illness Frequency Rate) and GHG(including scope 1, 2, 3). We have interviewed the in charge person, reviewed the process of gathering and processing data and test information on a sampling basis. In charge person can explain the source and process of the data identified above, which is considered traceable. The intentional error or misstatement is not noted from the data and information disclosed in the Report. Data owners were able to demonstrate the origin and interpretation of the data in a reliable manner. The data was identifiable and traceable. Competence and Independence DNV GL applies its own management standards and compliance policies for quality control, in accordance with ISO/IEC 17021:2011 - Conformity Assessment Requirements for bodies providing audit and certification of management systems, and accordingly maintains a comprehensive system of quality control, including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements. We have complied with the DNV GL Code of Conduct 4 during the assurance engagement and maintain independence
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|123|1
|
HYUNDAI_2019
| 123 | 122 |
olicies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements. We have complied with the DNV GL Code of Conduct 4 during the assurance engagement and maintain independence where required by relevant ethical requirements. This engagement work was carried out by an independent team of sustainability assurance professionals. DNV GL was not involved in the preparation of statements or data included in the Report except for this Assurance Statement. DNV GL maintains complete impartiality toward stakeholders interviewed during the assurance process. DNV GL have no other contract with HMC and did not provide any services to HMC in 2019 that could compromise the independence or impartiality of our work. June 2019 Seoul, Korea Jang Sup Lee Country Representative DNV GL Business Assurance Korea Ltd. 4 DNV GL Code of Conduct is available from DNV GL website (www.dnvgl.com) 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <123 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|124|0
|
HYUNDAI_2019
| 124 | 123 |
<START 124> This document is subject to the provision below: This Assurance Statement is only valid when published with the Report to which it refers. Lloyd’s Register Quality Assurance Limited, its affiliates and subsidiaries and their respective officers, employees or agents are, individually and collectively, referred to in this clause as the ‘Lloyd’s Register Group’. The Lloyd’s Register Group assumes no responsibility and shall not be liable to any person for any loss, damage or expense caused by reliance on the information or advice in this document or howsoever provided, unless that person has signed a contract with the relevant Lloyd’s Register Group entity for the provision of this information or advice and in that case any responsibility or liability is exclusively on the terms and conditions set out in that contract. Because of the inherent limitations in any internal control it is possible that fraud, error, or non-compliance with laws and regulations may occur and not be detected. Further, the verification was not designed to detect all weakness or errors in internal controls so far as they relate to the requirements set out above as the verification has not been performed continuously throughout the period and the verification carried out on the relevant internal controls were on a test basis. Any projection of the evaluation of control to future periods is subject to the risk that the processes may become inadequate because of changes in conditions, or that the degree of compliance with them may deteriorate. The Korean version of this statement is the only valid version. The Lloyd’s Register Group assumes no responsibility for versions translated into other languages. Copyright © Lloyd’s Register Quality Assurance Limited, 2019. A member of the Lloyd’s Register Group. 124 Assurance Statement This Assurance Statement has been prepared for Hyundai Motor Company. Terms of Engagement Lloyd’s Register Quality Assurance Ltd. (LRQA) was commissioned by Hyundai Motor Company (HMC) to provide
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|124|1
|
HYUNDAI_2019
| 124 | 123 |
er of the Lloyd’s Register Group. 124 Assurance Statement This Assurance Statement has been prepared for Hyundai Motor Company. Terms of Engagement Lloyd’s Register Quality Assurance Ltd. (LRQA) was commissioned by Hyundai Motor Company (HMC) to provide independent assurance on its Greenhouse Gas (GHG) Inventory Report for the calendar year 2018 (the report) against GHG Target Management Scheme for quantification and reporting of GHG emissions in Korea using Specification with guidance for verification of greenhouse gas assertions. The report relates to direct GHG emissions and energy indirect GHG emissions. Management Responsibility LRQA’s responsibility is only to HMC. LRQA disclaims any liability or responsibility to others as explained in the end footnote. The management of HMC is responsible for preparing the report and for maintaining effective internal controls over all the data and information within the report. Ultimately, the report has been approved by, and remains the responsibility of HMC. LRQA’s Approach LRQA’s assurance engagement has been carried out in accordance with our verification procedure using GHG Target Management Scheme in Korea: Specification with guidance for verification of greenhouse gas assertions to reasonable level of assurance. The following tasks were undertaken as part of the evidence gathering process for this assurance engagement: • Visiting sites and auditing management system to control the data and records regarding GHG emissions and energy uses • Interviewing the relevant persons responsible for managing and maintaining data and associated records • Reviewing the historical data and information back to source for the calendar year 2018 Level of Assurance & Materiality The opinion expressed in this Assurance Statement has been formed on the basis of a reasonable level of assurance, and at the materiality of the professional judgement of the verifier and at the materiality level of 2.5%. LRQA’s Opinion
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|124|2
|
HYUNDAI_2019
| 124 | 123 |
nce & Materiality The opinion expressed in this Assurance Statement has been formed on the basis of a reasonable level of assurance, and at the materiality of the professional judgement of the verifier and at the materiality level of 2.5%. LRQA’s Opinion Based on LRQA’s approach, except for the effect of the matter as below, we believe that the report is prepared in accordance with GHG Target Management Scheme for quantification and reporting of GHG emissions in Korea and the GHG emissions data in the Table 1 is materially correct: • The GHG emissions from LNG and electricity consumed by the companies which are subject to GHG Target Management Scheme in Korea and are occupying HMC’s own buildings have not been excluded from HMC’s organizational boundary, but we are confident that they are below the quantitative materiality level. Dated: 28th March 2019 SANG-KEUN YOO On behalf of Lloyd’s Register Quality Assurance Ltd. 17th Floor, Singsong Building, 67 Yeouinaru-ro, Yeongdeungpo-gu, Seoul, 07327, Korea LRQA Reference: SEO 6012382 Table1. GHG emissions reported in the Report Scope (as defined within GHG Target Management Scheme in Korea) Year 2018 Direct GHG Emissions 521,020 Energy Indirect GHG Emissions 1,060,382 Total GHG Emissions 1,581,399 Data is presented in tonnes of CO2 equivalent. 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report <124 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|125|0
|
HYUNDAI_2019
| 125 | 124 |
<START 125> 2019 Sustainability Report of Hyundai Motor Company Hyundai Motor Company has been publishing a sustainability report every year since 2003 in order to disclose its efforts to promote sustainable management and its achievements in a transparent manner and to communicate with stakeholders. The 2019 Sustainability Report of Hyundai Motor Company describes our efforts to create economic, environmental, and social performance. Through this, we will actively communicate with stakeholders to realize social value as a global leading company. This Report applies the ‘Core Option’ of the Global Reporting Initiative (GRI) Standards with appropriate modifications. In addition, this report satisfies the four principles (Inclusiveness, Materiality, Responsiveness, and Impact) of the AA1000AP (AccountAbility Principles), including the obligation to explain sustainability management. This report covers the activities of the headquarters as well as manufacturing plants, technical centers, design centers, and sales corporations operated by Hyundai Motor Company in Korea and overseas. Financial information is prepared in accordance with the Korean International Financial Reporting Standards (K-IFRS). Non-financial data regarding environmental and social performance is based on Hyundai Motor Company and manufacturing plants in Korea and overseas, those of which constitute 85% of consolidated revenue is included. Partial performance of Hyundai Motor Group is included and in case the reporting scope differs, the reporting scope of the information is indicated separately in the annotation. This report covers activities undertaken from January 1st, 2018 to December 31st, 2018, including some key activities conducted until the first half of 2019. As for quantitative performance, if the results need to be tracked continuously, we have used data for the past three years. The reporting cycle for this report is 1 year. The previous report was published in July 2018.
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|125|1
|
HYUNDAI_2019
| 125 | 124 |
d until the first half of 2019. As for quantitative performance, if the results need to be tracked continuously, we have used data for the past three years. The reporting cycle for this report is 1 year. The previous report was published in July 2018. This report has been audited by an independent assurance corporation (DNV GL) to ensure the accuracy, objectivity and credibility of the report preparation process and all the information created, and the verification was completed in accordance with international verification standards. The results of the third party assurance are detailed on P. 122-123. The financial information provided in this report has been audited by an independent auditor, and assurance on greenhouse gas emissions and energy usage was carried out in accordance with the verification principles of the guidelines such as ‘Administrative Guidelines for Operation of Emission Trade System’. Reporting Principles and Standards Scope and Boundary of Report Reporting Period Third Party Assurance Publisher Hyundai Motor Company Headquarters: 12, Heolleung-ro, Seocho-gu, Seoul, 06797, Korea Publication Date June, 2019 Production (Contact Information) CSV Strategy Team, Hyundai Motor Company Tel: +82-2-3464-8618 E-mail: [email protected] Reporting Principle GRI Standards (Core Option) Reporting Boundary Hyundai Motor Company; also includes some data and information for Hyundai Motor Group Reporting Scope Economic (based on Korean International Financial Reporting Standards), social and environmental performance Reporting Period January 1st, 2018 - December 31st, 2018; also includes some data and information from the first half of 2019 Reporting Cycle Annual (last report was published in July 2018) Assurance DNV GL Design Talantone Creative Group Reports of Recent Three Years 2016 Sustainability Report 2017 Sustainability Report 2018 Sustainability Report 125 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|125|2
|
HYUNDAI_2019
| 125 | 124 |
L Design Talantone Creative Group Reports of Recent Three Years 2016 Sustainability Report 2017 Sustainability Report 2018 Sustainability Report 125 4. SUSTAINABILITY PERFORMANCE 5. APPENDICES 5.1 Business Performance 5.2 Facts & Figures 5.3 GRI Index 5.4 Independent Assurance Statement 5.5 About This Report About This Report <125 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|126|0
|
HYUNDAI_2019
| 126 | 125 |
<START 126> Ahn Kang Kim Beom Soo Kim Bo Gon Go Bo Ra Kang Bo A Lee Bok Ju Cho Bum Soo Kim Byung Chan Kim Chang Gu Han Chang Ho Yoo Chang Hyun Oh Chang Soon Choi Cho Rong Maeng Dae Il Jeon Dae Min Choi Deck Su Ho Deniz Aydogan Deuk Hyung Lee Dong Kun Lee Dong Woon Jung Duk Hwan Kang Eu Gene Chang Ga Jeun Lee Geon Hyeok Park Gil Woong Bae Gook Tai Kim Guk Yeon Hwang Gyu Ho Yi Hee Jin Kim Hee Jun Kim Ho June Park Ho Seon Eo Hong Rae Kim Hui Joon Kang Hye Mi Song Hye Ran Hong Hye Won Kim Hyo Il Park Hyo Jin Kim Hyoung Sub Kim Hyun Jae Kim Hyun Ji Choi Hyun Soo Kim Hyun Soo Lee Jae Hong Cha Jae Kyung Shin Jae Woon Hwang Jae Wook Kim Jang Ho Kuk Ja Young Lee Je Hyeong Jeon Jeong Min Lee Jeong Moon Jin Jeong Yeon Kim Ji Eun Seo Ji Han Son Ji Hoon Gwak Ji Hwa Mok Ji Hyoung Lee Ji Yeun Lee Ji Hye Jang Jin Ah Lee Jin Kyung Kim Jin Seok Heo Jin Soo Park Jin Suk Ryu Jo Young Chung John Suh Jong Hak Yi Jun Ho Kim Jun Ho Song Jun Sik Kim June Ho Song Jung Hee Park Jung Ho Park Ka Yeon Noh Kwang Hyun Pyun Kyu Seung Noh Kyung Ho Kwak Kyung Ryool Kong Man Je Sung Mi Dol Yu Mi Jin Na Mi Sook Kim Min Gun Sim Min Ho Lee Min Jae Woo Min Ok Park Min Sang Yu Mohammad Badwan Na Young Yoon Sang Bom Lee Sang Bum Kim Sang Hak Kim Sang Hoo Lee Sang Ki Min Se Jin Kang Seong Min Jeon Seong Won Hyun Seong Woong Suh Seong Man Kang Seung Dae Kim Seung Tae Kim Shin Jae Kim Sol Kim Soo Hyang Lim Soo Bin Kwak Soon Sang Hong Su Hi Nam Su Yeon Kim Soo Young Um Suk Gyu Choi Sung Gyu Park Sung Hee Cho Sung Joong NOH Sung Mo Koo Sung Mok Kim Tae Gyun Jeong Tae Su Kim Tong Young Kim Wan Seung Kim Won Jun Choi Won Taek Oh Won Jin Kim Woo Ram Yang Yeon Guk Jo Yeong Joo Jung Yeong Uk Kim Yeon Ju Chae Yong Hwan Song Yoon Bok Hwang You Hwan Kim Young Bong Kim Young Hoon Kim Yun Ryeong Song Yun Sun Lim Thanks to (In alphabetical order) <126 END>
|
assets/TRAIN_TEST_PDFS/HYUNDAI_2019.pdf|127|0
|
HYUNDAI_2019
| 127 | 126 |
<START 127> <127 END>
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.