KUMHO TYRE AWARDED ECOVADIS GOLD MEDAL FOR THE SECOND CONSECUTIVE YEAR REINFORCING ITS POSITION AS A SUSTAINABILITY LEADER.
Kumho Tyre has won a major global award for its efforts and outstanding performance in Environmental Sustainability and Governance (ESG) evaluations across 2025 by global sustainability ratings organisation EcoVadis.
It is the second year in succession that Kumho was awarded demonstrating its strength in sustainability management after having also earned the Gold Medal honour in 2024.
EcoVadis assesses the sustainability of global supply chains based on policies, actions, and certifications across four areas: environment, labour and human rights, ethics, and sustainable procurement.
According to EcoVadis Kumho ranked in the top five per cent of approximately 150,000 companies worldwide for sustainability in 2024, and in the 2025 evaluation the company achieved notable improvements in labour and human rights and in ethics.
EcoVadis cited that Kumho Tyre had reflected progress in the strengthening of its ethical management framework as a result expanding the scope of ESG data management.
Kumho Tyre also received an integrated “A” grade in the 2025 ESG rating from the Korean Institute of Corporate Governance and Sustainability, an improvement of one-grade from the previous year.
The Korean Institute said the upgrade was driven by management enhancements such as the establishment of a human rights management system, setting employee diversity goals, increased investment in information security and the implementing of board performance evaluations.
Since 2022Kumho has also continued its participation in the Carbon Disclosure Project (CDP).
Last year the company also earned an A rating in recognition of its water resource management capabilities, as well as scoring the highest rating in the Supplier Engagement Assessment (SEA), highlighting its efforts in climate change response and ESG management.
Since last year Kumho has also maintained its AA rating in the MSCI ESG assessment and was also selected as a Yearbook member in the Corporate Sustainability Assessment (CSA) by world-renowned credit rating agency, SandP Global, which gives it a ranking within the top 15 per cent of the global auto components industry.
At the Korean Sustainability Conference 2025, hosted by the Korean Standards Association under the Ministry of Trade, Industry, and Energy, Kumho ranked first in the tyre sector of the Korean Sustainability Index (KSI) for the third consecutive year.
The company was also recognised for its excellence in the manufacturing sector in the Korean Readers’ Choice Awards (KRCA) for the second consecutive year.
President and CEO of Kumho Tyre, Il Taik Yung, said, the company systematically manages goals and tasks by major issues in alignment with its sustainability strategy.
“Through advancing and embedding ESG management, we will strengthen the foundation for sustainable growth and continue our efforts to become a global sustainability leader,” Il Taik Yung said.