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)

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Pirelli North America has launched its first closed-loop circular recycling initiative, marking a significant step in the company’s broader strategy to increase recycled and bio‑based content in its tyre production. The project has received the Tire Recycling Foundation’s Value Chain Collaboration Award.

The programme recovers scrap tyres generated during Pirelli’s own North American manufacturing process. These materials are sent to Bolder Industries, which applies ISCC PLUS‑certified pyrolysis technology to produce BolderBlack recovered carbon black. Pirelli then reintroduces this material into new tyre production at its North American facilities, partially replacing virgin carbon black. The effort is part of a wider Pirelli plan to expand such industrial ecosystems across the group’s production network, aiming to valorise waste by reintegrating recovered materials into tyre manufacturing.

Beyond the award, the initiative reflects Pirelli’s broader circularity approach, which includes ongoing work to boost recycled and bio‑based material usage. The company targets over 80 percent bio‑based and recycled content in its best‑performing products and forty percent in total production by 2030.

Claudio Zanardo, CEO, Pirelli North America, said, "The Rome plant is one of the most technologically advanced manufacturing facilities in Pirelli. This initiative reflects an approach focused on increasing the use of recovered materials within existing production processes. It is part of a broader effort to gradually integrate raw materials derived from recycled resources into our products while maintaining consistency in performance and quality."

Tony Wibbeler, CEO, Bolder Industries, said, "Our collaboration demonstrates that a traceable, mass-balance approach to tyre-to-tyre circularity is not only achievable, but it's ready to scale inside a premium manufacturing environment, meeting real performance and certification requirements at every step. This is the kind of progress the industry has been working toward for many years."

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Sun Auto Network has expanded its national footprint by acquiring Quality Tire & Auto in Murfreesboro, Tennessee. The transaction officially closed on 11 May, adding the store to the company’s growing portfolio. This acquisition represents Sun Auto’s third location in the state, reinforcing its regional presence along key transportation arteries in Middle Tennessee.

The Murfreesboro acquisition is part of a broader expansion strategy that has added more than 40 new locations this year through both purchases and new builds. Joining the network provides the shop with enhanced operational support, connected technology and customer-focused service tools. These resources are designed to strengthen the in-store customer experience and support long-term market growth across the Southeast.

The Murfreesboro location delivers complete automotive repair and tyre services, featuring leading tyre brands with a price match guarantee. Additional services include alignments, brakes, oil changes, batteries, diagnostics and preventative maintenance. This addition further improves the network’s connectivity throughout the region.

Rob Kingery, Regional Vice President Operations, said, "Tennessee continues to be an important growth market for our network. Adding Quality Tire & Auto allows us to expand Sun Auto's reach while continuing to deliver the trusted service and customer experience drivers expect."

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Sailun Tyre Europe has confirmed a new partnership with the Minrath Gruppe, a major automotive retail and service provider operating in Germany’s Lower Rhine region. The agreement sees the tyre manufacturer supplying its full product range to support Minrath’s growing replacement tyre and complete wheel business.

Minrath operates 14 dealerships and service locations, representing brands including Audi, BYD, Cupra, MG, Seat, Škoda and Volkswagen Commercial Vehicles. Under the partnership, Sailun will provide its Smart Performance tyre solutions for vehicles powered by electric, hybrid, petrol and diesel drivetrains, encompassing summer, winter and all-season tyres. Special attention has been given to the Sailun 4Seasons Ultra, which earned an ‘AutoBild Approved’ rating and a ‘Good’ result in AutoBild’s tyre test for size 225/40 R18.

The collaboration combines Minrath’s multi-brand expertise with Sailun’s tyre technology. Both companies have expressed anticipation for a successful working relationship, aiming to deliver reliable tyre solutions to more customers across the region.

Borusiak Thomas, Managing Director, Autohaus Minrath GmbH & Co. KG, said, “Sailun’s ‘Smart Performance’ concept and the demonstration of the tyres won us over straight away. The value for money, proven quality and wide range that we can pass on to our customers further strengthens our position in the region.”

Harry Wang, General Manager, Sailun Group Europe, said, “We are extremely proud that the quality of our tyres and our brand philosophy have convinced the professionals at Minrath Group.”

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Tegeta Green Planet has launched an educational initiative targeting young people to foster environmental responsibility and awareness. The effort responds to the growing global challenges of sustainable development and environmental protection. By focusing on youth education, the organisation aims to build a foundation for long-term ecological consciousness and active public participation in preserving natural resources.

Operating since 2022, Tegeta Green Planet is among the first entities in Georgia authorised by the Ministry of Environmental Protection and Agriculture under the Extended Producer Responsibility framework. This system is central to modern environmental policy, ensuring full-cycle management of specific waste streams such as used tyres, oils and batteries. The process covers collection, transportation, recycling and further handling aligned with circular economy principles.

As part of this drive, company representatives visited multiple schools in Batumi, a Black Sea coastal city and major tourist hub. Given Batumi’s rapid urbanisation and growing tourism, the need for proper waste management and ecological awareness is especially acute. The interactive sessions included presentations and workshops, teaching students how to handle used tyres, batteries and oils correctly; why such management is vital and how waste can become a resource through circular economy models. Students also learned how individual responsible behaviour affects the environment and the future.

The programme employs a practical format with educational games and activities after presentations, encouraging participants to ask questions and discuss eco-friendly daily choices. Attendees receive symbolic gifts and prizes as motivation. Through this project, Tegeta Green Planet continues its educational work across Georgia, aiming to inform and involve the younger generation in building a cleaner environment. The organisation maintains that environmental care extends beyond waste management to include education and a culture of responsibility for a sustainable future.

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