Hyosung Heavy Industries

Hyosung Group ESG Brand System

Hyosung Heavy Industries creates synergy by aligning with the group’s ESG strategies.

Hyosung Group's 4 ESG pillars
- Circular Economy
  Establishment and leadership of ecosystems aimed at achieving zero waste in the circular loop from plastic raw materials to final products
  - Hyosung TNC, Advanced Materials, Chemical, etc
- Net-Zero
  Technological agenda aimed at achieving net zero by minimizing carbon emissions from production processes and manufactured goods
  - Hyosung TNC, Chemical, Heavy Industries, etc
- New Energy Infrastructure
  (Hydrogen, renewable energy, and electrification)
  Establishment of infrastructure for energy transition to clean energy such as hydrogen and renewable energy
  - Hyosung Advanced Materials, Heavy Industries, etc
- Reduction of Harmful Substances and Conservation of Resources
  Philosophy and design technology centered on minimizing energy and resource use and reducing harmful substances throughout the entire production and operation cycle
  - Hyosung Advanced Materials, Chemical, TNS, etc

4 Eco-friendly Trends at Hyosung Heavy Industries

The direction of ESG brand strategies that reflect critical trends from the four trends in our business areas are as follows.

4 trends in Hyosung Heavy Industries' business areas
- Digitalization
  - Acceleration of digitalization of overall society in line with the remote era after COVID-19
  - Acceleration of data collection, analysis, and usage with digital technologies (AI and IoT)
- Decentralization
  - Expansion of distributed and collaborative energy systems
  - Expansion of prosumer energy production
  - Distributed energy policies such as the electricity brokerage market
- Decarbonization
  - Goals and policies of each country for carbon reduction
  - Continuous energy conversion and increase in clean energy for carbon neutrality
- Electrification
  - Provision of technology to replace fossil fuels, such as coal, oil, and gas, with electricity for final energy consumption to power machinery and systems, and currently in progress for all sectors of transportation and industries

Energy efficiency and clean energy technologies are the tangible form of Hyosung Heavy Industries’ business in relation to our business characteristics that creates a synergy effect with Hyosung Group.

Creation of synergy effects between Hyosung Group and Hyosung Heavy Industries

Hyosung Group's ESG Brand, RE:GEN

Reply to Every Generation's Future

Team Up

Circular economy
Act Together

Carbon neutrality

Best Efforts

Hydrogen & renewable energy

Creation of a leading image in relation to the business characteristics of Hyosung Heavy Industries
- Digitalization
- Decentralization
- Decarbonization
- Electrification
Design Smart

Carbon emissions reduction and concern for the socially disadvantaged

Differentiated Direction of Hyosung Heavy Industries’ ESG

The keywords for Hyosung Heavy Industries’ ESG are “new energy” and “net zero” in business aspects and “togetherness” and “trustable” for social and governance aspects. These are based on humans and technology from the business characteristics of Hyosung Heavy Industries.

Point of Difference

Environment

New Energy / Net Zero / Eco Friendly
- Reapproach eco-friendly values from a new perspective
- New approaches from eco- friendly aspects for new and renewable energy and existing businesses of Hyosung Heavy Industries
- Express belief that we can make achievements for the value of "together"
- Technology essential for the realization of tangible business

Point of Parity

Social

Togetherness
Governance

Trustable

Reapproach eco-friendly values from a new perspective
New approaches from eco- friendly aspects for new and renewable energy and existing businesses of Hyosung Heavy Industries
Express belief that we can make achievements for the value of "together"
Technology essential for the realization of tangible business

Create a tomorrow for all through new energy, the key business of Hyosung Heavy Industries

Vision of Hyosung Heavy Industries' ESG Brand

New Energy Creator for the Future

A clean energy expert for all generations

RE:GEN NEW ENERGY

A new energy innovation toward a better future for every generation

Relation to the group brand’s assets
Reply to Every Generation’s Future
Our own distinctive and tangible technical agenda
by New Energy
The demands of the time of the global society and advanced market
ESG