Kumho Tire Co Inc 2023 AR2
The report highlights Kumho Tire's record-breaking financial performance in 2023, achieving sales of KRW 4.04 trillion and a significant turnaround in operating profit to KRW 411 billion. Key milestones include the establishment of an ESG Committee under the Board of Directors, declaring support for the TCFD, and developing a tire with an 80% sustainable material mix. The company also expanded its global production capacity to over 62 million units, notably through the expansion of its Vietnam plant, and obtained integrated ISO 37301 and ISO 37001 certifications for compliance and anti-bribery management.
Company: Kumho Tire Co Inc
Sector: Consumer Discretionary
Country: South Korea
Year: 2023
Type: AR2
Pages: 66
Kumho Tire Co Inc
Annual Report
The report highlights Kumho Tire's record-breaking financial performance in 2023, achieving sales of KRW 4.04 trillion and a significant turnaround in operating profit to KRW 411 billion. Key milestones include the establishment of an ESG Committee under the Board of Directors, declaring support for the TCFD, and developing a tire with an 80% sustainable material mix. The company also expanded its global production capacity to over 62 million units, notably through the expansion of its Vietnam plant, and obtained integrated ISO 37301 and ISO 37001 certifications for compliance and anti-bribery management.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees