Hankook Publishes 2022-23 ESG Report

Hankook, the premium tyre manufacturer, has released its 2022/23 Environmental Social Governance (ESG) Report, detailing its sustainability initiatives and strategies for the current year. Notably, the Science Based Targets Initiative (SBTi) has validated Hankook's greenhouse gas emission reduction targets, committing the company to achieve net zero emissions by 2050 according to the SBTi Net Zero standard.

This marks Hankook's 14th ESG Report, following its ESG vision, "Innovation for a Sustainable Future" introduced in 2010. The report encompasses the company's sustainability activities and its medium- and long-term strategies across environmental, social, and governance areas. It places equal emphasis on three key priority areas: Eco Value Chain, Sustainable Product, and Responsible Engagement.

Hankook has been progressively strengthening its commitment to sustainable management, enhancing its ESG management system. This journey began in 2009 with the establishment of a corporate social responsibility (CSR) organisation, followed by the formation of the ESG Strategy Committee and Steering Committee in 2010. In 2018, Hankook initiated a strategic effort to implement sustainable natural rubber policies and promote an eco-friendly circular economy system. By 2021, the company established an ESG Committee within the Board of Directors, and in 2022, it unveiled a Corporate Governance Charter, cementing its commitment to transparent and ethical ESG practices.

Hankook has proactively reduced its greenhouse gas emissions, positioning itself as a leader in constructing an eco-value chain. The company has developed a comprehensive climate change response strategy and incorporated a Climate Change Committee into its management activities. It has also undertaken various energy-saving initiatives, including adopting high-efficiency equipment, optimising energy efficiency, and using renewable energy. These efforts have resulted in a 2.74 percent reduction in greenhouse gas intensity compared to the previous year.

With a firm commitment to addressing climate change, Hankook joined the Science Based Targets Initiative in March 2022 and submitted its greenhouse gas emission reduction targets. These targets align with the latest climate research findings and the goals of the Paris Agreement. By 2030, Hankook aims to achieve a 46.2 percent reduction in total direct and indirect greenhouse gas emissions (Scopes 1 and 2) generated during the production stage, compared to 2019 figures, in compliance with the SBTi validation. Additionally, the company has set a 2030 target to reduce total greenhouse gas emissions generated throughout the value chain (Scope 3) by 27.5% compared to 2019 figures. This recognition by the SBTi signifies Hankook's commitment to achieving net zero emissions by 2050 based on the SBTi Net Zero standard, a responsibility shared by approximately 5,700 companies worldwide.

Hankook is also dedicated to developing eco-friendly tyres using highly functional synthetic rubber, furthering its ESG goal of increasing the use of sustainable raw materials. Recognised for its efforts to achieve carbon neutrality, Hankook has received top ratings from multiple global ESG evaluation agencies.

Moreover, the company is actively engaged in intelligent tyre technology, incorporating sensors in the tread to detect wear and developing airless tyres like the i-Flex. To contribute to a more sustainable future, Hankook is actively involved in establishing a sustainable supply chain, implementing human rights management, promoting employee well-being, and participating in social contribution activities.

Hankook has been included in the Dow Jones Sustainability Indices (DJSI) World, a prestigious sustainability index, for seven consecutive years.

Comments (0)

ADD COMMENT

Link Copied!

Maxam Tire has introduced the MT152 Rubber Track, a new product featuring an enhanced Z-Lug design. This track is engineered to provide exceptional traction, durability and extended service life for compact track loaders operating in demanding environments.

Building on the proven performance of traditional Z-Lug rubber tracks, the MT152 combines aggressive traction with increased tread depth and a larger footprint. This design improves wear life without sacrificing performance. It is intended for construction, site preparation and general earthmoving applications, excelling in loose ground conditions while offering the stability and durability contractors rely on daily.

The MT152 features a heavy-duty carcass for enhanced machine stability and long-lasting structural integrity under demanding workloads. Its stepped tread pattern improves self-cleaning by allowing mud and debris to expel more efficiently, maintaining consistent traction throughout the workday. A cut and tear-resistant tread compound further boosts durability in harsh conditions, while the increased tread depth and optimized net-to-gross ratio deliver longer tread life and greater overall value.

Matt Fagan, Director – Research & Development, Maxam Tire, said, “The MT152 was developed to give equipment owners aggressive traction and the durability they need to maximise uptime. By enhancing the traditional Z-Lug design with a deeper tread, larger footprint and reinforced carcass construction, we’ve created a rubber track that delivers outstanding performance, extended wear life and dependable operation across a wide range of challenging jobsite conditions.”

Comments (0)

ADD COMMENT

Link Copied!

Birla Carbon will use its presence at RubberTech China 2026 to demonstrate how its operations across Asia, including China, are being scaled up to meet demand from both regional and international customers. The manufacturer of high-quality carbon materials will exhibit at the Shanghai New International Expo Center from 15 to 17 September 2026 at Booth No. W5B467.

Growth in manufacturing capacity and geographic reach underpins the company's push for greater supply reliability, responsiveness and consistency. Thailand's Rayong facility and an additional high-output Indian plant both commence operations this year. Across key Asian markets, these additions bolster dependable volume availability, sharpen the company's ability to react swiftly to changing customer demands and shorten delivery timelines by operating nearer to buyers.

A broad solutions portfolio awaits exhibition attendees. Engineered materials for mechanical rubber goods (MRG) deliver enhanced hose durability, superior belting abrasion resistance and reliable performance in anti-vibration and sealing systems. Tyre-focused carbon black grades extend product lifespan while improving fuel and energy efficiency, with Euro 7-inspired and EV-designed options covering PCR, LT and TBR applications. Low PAH grades hold certification for skin-contact and export markets, functioning as drop-in ASTM replacements. Continua SCB and SCM products permit elevated recycled and bio-based content as drop-in substitutes for conventional ASTM grades, assisting customers in advancing circularity goals without sacrificing performance.

Amit Kumar, President, Asia, Birla Carbon, said, “The Asia region is increasingly viewed as a manufacturing hub for the world, with China playing a central role in the growth of high-value MRG and tyre markets.  This is making performance, supply reliability and sustainability more critical than ever for the region. At Birla Carbon, we are strengthening our regional material capacity and footprint to be closer to our customers and respond more effectively to their evolving needs. With expanded capacity and innovative solutions spanning MRG, tyres, including Euro 7-inspired and EV-designed performance materials low PAH applications, and sustainable offerings, we are well positioned to help customers enhance product performance, build more resilient supply chains and advance their sustainability goals.”

Comments (0)

ADD COMMENT

Link Copied!

Bridgestone has expanded its road safety efforts in Scotland by hosting its inaugural dedicated tyre safety event in the region. The initiative, held at Betty’s Diner off Westfield Road in Motherwell, drew such a strong response from local motorists that additional visits north of the border are already being arranged.

Working alongside Auchinlea Tyres, the company inspected over 100 tyres during the event while offering drivers guidance on tyre safety and the value of routine checks and maintenance. The results underscored the need for such efforts, with 16 percent of tyres requiring urgent attention and a further 24 percent flagged for close monitoring.

To encourage awareness of basic tyre checking practices, ‘Become a Bridgestone Road Safety Hero’ bags were distributed, and the firm’s branded VW Buzz drew considerable interest when parked at the site. Organised by Chris Liddle, Key Account Manager for Consumer and Commercial Products, the event forms part of Bridgestone’s wider Become a Road Safety Hero campaign, which sees colleagues across the UK engaging with motorists to promote essential tyre safety messages.

Recent data reinforces the campaign’s urgency. TyreSafe estimates that 6.1 million tyres on UK roads are illegal or dangerously worn at any given time, often because tread depth falls below the 1.6 mm legal limit. Meanwhile, the Department for Transport’s Reported Road Casualties Great Britain: Final Results 2025 report showed that people killed or seriously injured in collisions involving illegal, defective or underinflated tyres rose from 169 in 2024 to 201 in 2025. For Bridgestone, events like the Scottish check transform safety messaging into practical advice, letting motorists have their tyres inspected while learning simple self-checks.

Liddle said, “This was a really important event for us because it was the first time we have taken our road safety outreach into Scotland in 2026 and the response was fantastic. We inspected 25 vehicles and 100 tyres during the event, giving us a great opportunity to speak directly to motorists about the importance of checking their tyres and making sure they are safe and properly maintained. The feedback we've received since our visit has been extremely positive, and we've already been asked if   we could hold similar events with Auchinlea Tyres. That's a great indication of how successful the day was. We're now looking at the possibility of taking the Road Safety Buzz to different locations across Scotland before the end of the year, working with Scottish dealers to help engage local communities. The Buzz certainly attracted plenty of attention. It's a real head-turner and a great way of starting conversations with people about tyre safety.”

Comments (0)

ADD COMMENT

Link Copied!

Maxion Wheels has reaffirmed its dedication to responsible business practices, operational excellence and environmental stewardship by strengthening a resilient and sustainable global supply chain. The company emphasises that collaboration with suppliers sharing its values is vital for delivering long-term value to customers, communities and stakeholders while maintaining high expectations for performance in quality, delivery, sustainability, innovation and ethical conduct. The 2025 Maxion Wheels Supplier Awards recognise exceptional partners whose contributions have advanced the business and reinforced its supply chain worldwide.

Among the honourees, Akzo Nobel Coatings Ltda of Brazil received the Supplier of the Year award for the Americas. A global leader in paints and coatings, AkzoNobel supports Maxion facilities in Brazil and Argentina with liquid and powder coating technologies. In 2025, it earned an ‘A’ rating in the annual Supplier Performance Evaluation for its commitment to quality, innovation, sustainability and supply reliability.

For Asia, JSW Steel Limited of India was named Supplier of the Year. Part of the O.P. Jindal Group, JSW Steel is one of India’s leading steel manufacturers, with an annual production capacity of 35 million tonnes across six plants. As a strategic partner for Maxion India, it supports product development, operational flexibility and business growth. Its senior leadership engagement and strong collaboration helped it meet all environmental, social and governance requirements, securing an ‘A’ rating.

In the EMEA region, FreiLacke, a brand of Emil Frei GmbH & Co KG, received Supplier of the Year honours. The family-owned German coatings specialist, based in the Black Forest, supplies powder and liquid coatings to several Maxion aluminium wheel plants and supports development for both aluminium and steel applications. FreiLacke achieved Supplier Performance Evaluation scores above 97 and met all quality, ESG and governance requirements, earning an ‘A’ rating.

The Green Wheel Award for 2025 went to Akzo Nobel Coatings CZ of the Czech Republic. Based in Opava, the company is part of the AkzoNobel group and serves as a key supplier to Maxion Wheels Ostrava, providing high-quality coating solutions for wheel manufacturing while demonstrating responsible business practices.

Akzo Nobel Coatings CZ was recognised for outstanding sustainability performance, achieving a Supplier Performance Evaluation sustainability score of 24 out of 25 and full compliance with Maxion’s ESG, governance and responsible sourcing requirements. Supported by AkzoNobel’s ambitious sustainability agenda and strong transparency, the company exemplifies leadership in environmental stewardship and sustainable value creation across the supply chain.

Pia Schütz, Vice President – Global Purchasing, Maxion Wheels, said, “At Maxion Wheels, we view our suppliers as strategic partners in our success. Their dedication to quality, innovation, sustainability and operational excellence enables us to better serve our customers and continuously improve our performance. These awards recognise organisations that have distinguished themselves through exceptional collaboration and a shared commitment to creating long-term value.”

Comments (0)

ADD COMMENT

Link Copied!