Hankook Tire Establishes ESG Corporate Governance Charter
- By TT News
- May 10, 2022
Hankook Tire has announced the establishment of a corporate governance charter to enhance transparent ESG management and to lay the groundwork for the company’s sustainable business. The company said in a statement that the charter was approved at the board meeting held on May 9.
The corporate governance charter will ensure professionalism and independence of the board and promote the rights and interests of all stakeholders including shareholders, consumers, and members. It contains regulations on the rights and responsibilities of shareholders, roles and operations of the board, a structure of audit institutions, protection of rights of stakeholders, and disclosure. The content will be accessible to all shareholders on Hankook Tire’s official website as well as on Korea’s Financial Supervisory Service’s (FSS) Data Analysis, Retrieval and Transfer System (DART), the release said.
Last July, the ESG committee was launched within the board of directors to strengthen the company’s ESG management strategies and activities. Currently, five operating units are affiliated within the board including the ESG committee, audit committee, outside director nomination committee, sustainable management committee, and internal transaction committee.
The company said in an effort to enhance the expertise and function of the board, the committee has been set to consist of three or more directors, with a majority of its members from outside the board. In the case of the ESG committee, Mira Lee, a female leader with extensive experience in corporate governance practices from global companies such as General Electric (GE) and Macquarie Group, was selected as the first chairman. The committee, including the chairperson, is consisted of seven inside and outside directors.
Sooil Lee, President and CEO of Hankook Tire & Technology, said, “Hankook Tire has met many milestones in fulfilling its responsibilities and roles as a top-tier ESG company, and is saving no efforts to reach sustainable growth in areas of economy, environment, and society. Following the enactment of the charter, Hankook Tire plans to establish sound governance with objectivity and transparency, and strengthen its ESG leadership.”
Hankook has been improving its ESG capabilities by not only setting up the ESG committee but also by sharing its vision of sustainability and publishing its annual ESG Report since 2010, the release pointed out. Hankook earned the highest score in the auto components group in the Dow Jones Sustainability Indices (DJSI) World, and was included in the DJSI World for the past six years starting from 2016, it added. (TT)
- Tegeta Green Planet
- Circular Economy Action Platform
- UN Global Compact Network
- Packaging Waste Regulation
- Extended Producer Responsibility
- Used Tyres
Tegeta Green Planet Joins UN Global Compact Discussion On Packaging Waste Regulation
- By TT News
- October 10, 2026
Tegeta Green Planet participated in a Circular Economy Action Platform meeting hosted by the UN Global Compact Network Georgia on 6 October. The session examined packaging waste management and the need for technical regulation from a business standpoint, with participants exploring existing practices and the challenges tied to the issue.
Attendees stressed that an effective waste management system would serve environmental goals while giving businesses a clear and predictable operating environment. Shalva Akhvlediani, Director of Tegeta Green Planet, presented the company’s vision and hands-on experience. Discussion topics included the Extended Producer Responsibility system, the role of businesses in waste management and practical obstacles to advancing a circular economy in Georgia.

As an EPR organisation, Tegeta Green Planet helps producers and importers meet their environmental obligations and supports an effective waste chain spanning collection, proper treatment and conversion into a resource. Akhvlediani detailed the company’s work with used tyres, waste oils and automotive batteries, noting that a sustainable system demands coordinated cooperation among businesses, government and other stakeholders alongside practical experience.
The meeting underscored the value of technical regulation, with clear requirements and strong enforcement seen as ways to develop waste management, reinforce responsible business practices and encourage more efficient resource use. Developing a circular economy remains a key focus for Tegeta Green Planet, which continues working with the business, public and educational sectors so that waste management moves beyond regulatory compliance toward reuse and recycling opportunities.
TyreSafe Warns Driver Overconfidence Masks Tyre Safety Gaps
- By TT News
- October 10, 2026
TyreSafe, UK’s leading tyre safety charity, has raised concerns that overconfidence among UK motorists could be concealing a serious road safety problem. Fresh research indicates a notable gap between how drivers rate their own abilities and their actual vehicle maintenance habits. While 42 percent of drivers consider themselves above average at handling emergencies, that figure rises to 51 percent among men. Yet 1 in 10 has never examined tyre pressure or tread depth, and merely a quarter have done so within the previous month.
Regional patterns remain broadly similar, though behavioural differences point to inconsistent awareness and upkeep across the country. The organisation stresses that tyres represent the sole contact between a vehicle and the road, meaning even minor defects can materially affect braking, grip and control. TyreSafe is therefore urging drivers to incorporate regular tyre checks into their routines and to act before they react.
Stuart Lovatt, Chairman, TyreSafe, said, “Confidence is not a substitute for preparation. No matter how skilled a driver believes they are, tyres ultimately determine how a vehicle performs in an emergency. You cannot outdrive poor tyre condition. Regular checks are essential to ensure your vehicle responds as expected when it matters most.”
Hankook Sets Sights On UK Bus Market With Euro Bus Expo Debut
- By TT News
- October 10, 2026
Hankook Tire will debut at Euro Bus Expo in 2026, strengthening its presence in the UK passenger transport sector. The event runs from 3–5 November at the NEC Birmingham, bringing together operators, manufacturers, suppliers and decision-makers for three days of innovation and networking.
With over 190 exhibitors and more than 7,000 visitors expected, the exhibition showcases full-size buses, coaches, mini vehicles, advanced technologies and services, letting attendees connect with key suppliers across the global supply chain.
At stand 38, Hankook Tyre UK will present its latest bus and coach tyres, focusing on innovation, sustainability and performance. Highlights include the Smart Touring AL22 for long-distance coaches, the urban Smart City AU04+ and AU06 with measurable sidewall protection, the Laufenn LF60 for mixed-use applications and the new e-Smart City AU56 EV tyre engineered for low rolling resistance, reduced noise and higher electric vehicle loads.

With partner Vaculug, Hankook will launch the LB01, a first-of-its-kind hot-cure remoulded urban bus tyre, reinforcing its total tyre solutions role and circular economy commitment. Vaculug’s sustainable manufacturing expertise, recently recognised with the King’s Award for Enterprise, supports the collaboration. The 2026 edition also offers seminars and technical sessions on industry trends and greener transport, giving Hankook a platform to boost visibility and reinforce its leadership in the commercial bus and coach tyre market.
VMI Opens Service Facility In Mexico To Strengthen Customer Support
- By TT Bureau
- October 09, 2026
VMI has opened a new service facility in León, Mexico, as the company expands its local support for customers and its growing installed base.
The facility was officially opened on 8th October , with a ceremony attended by Fonseca, the State’s Subsecretary; Rodriguez, Deputy Mayor Of León; and Harm Voortman, Chief Executive of VMI Group. Customers and local employees also attended the event, which included a tree-planting ceremony.
The company said the new facility had been designed with a focus on sustainability, including waste management and energy use. The tree planting highlighted VMI’s environmental commitments, following its recent achievement of EcoVadis Platinum status.
The opening follows VMI’s recent launch of a sales and support office in Yokohama, Japan, reflecting the importance of the Japanese market to the group.
Alongside the León opening, VMI held a customer seminar showcasing its latest innovations in tyre-building and tyre-component preparation solutions.
“This state-of-the-art facility in León, the drum workshop and our local presence, will help us support customers in Mexico more efficiently with faster response times and enhanced levels of service,” said Voortman.


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