#South Korea #Seoul #ESG Report #Hankook Group #Hanon Systems

Hanon Systems Reveals Its 2025/26 ESG Report

Hanon Systems, a prominent name in the automotive thermal management sector and a subsidiary of Hankook Company Group, has officially made its 2025/26 ESG (Environmental, Social, Governance) report accessible to stakeholders worldwide. This release follows the publication of the Korean version of the report in June and provides a comprehensive overview of the company’s sustainability achievements, strategies, and risk management efforts.

Overview of ESG Initiatives

In its latest report, Hanon Systems outlines its commitment to transitioning towards more sustainable practices, notably through the electrification of vehicles and the increasing integration of Software-Defined Vehicles (SDVs) in the automotive market. These efforts underscore the firm’s proactive approach to addressing the evolving needs of customers and stakeholders in an industry that is rapidly changing towards sustainability.

The Importance of Governance

Hanon Systems aims to enhance its governance framework further by establishing an ESG Steering Committee in the latter half of 2026. This strategic move is intended to bolster collaboration across different departments, ensuring that sustainability principles are ingrained in all business operations and decision-making processes. Soo-Il Lee, the Vice Chairman and CEO of Hanon Systems, emphasized that sustainability is a crucial element of their innovation strategy. He stated, "Sustainability is not a standalone initiative. It is an integral part of how we innovate, manage our business, and create long-term value."

Achievements and Goals

The report highlights significant milestones achieved by the company in the realm of ESG, providing clear metrics that showcase Hanon Systems' dedication to responsible practices. It details initiatives in various domains such as reducing environmental impact, enhancing workplace culture, and improving governance standards. Additionally, it sets forth ambitious targets for the upcoming years, reinforcing the company's commitment to continuous improvement.

Looking Ahead

As the automotive industry continues to evolve, Hanon Systems recognizes the importance of adapting to new challenges. The company remains dedicated to strengthening its operations to meet the future expectations of both customers and stakeholders. By effectively integrating ESG considerations into its business model, Hanon Systems is positioning itself as a leader in sustainable automotive solutions.

Accessing the Report

The 2025/26 ESG Report is now available for perusal on Hanon Systems' official website, enabling stakeholders to gain insights into the company's ongoing efforts to promote sustainability in the automotive sector. This transparency is part of Hanon's strategy to maintain open communication with its global audience, ensuring that their operations align with the values of responsibility and sustainability.

Hanon Systems, established in 1986, operates 50 manufacturing sites and three regional innovation centers across 21 countries, employing over 20,000 individuals. The company's diverse range of products encompasses various aspects of thermal management, including heating, ventilation, air conditioning, powertrain cooling, and more. For further information about Hanon Systems and their initiatives, visit hanonsystems.com.