Hanon Systems Included in S&P Global's 2025 Sustainability Yearbook

SEOUL, South Korea, Feb. 13, 2025 /PRNewswire/ -- Hanon Systems (KS: 018880), a leading global automotive thermal management supplier, has been included in the S&P Global Sustainability Yearbook for the second consecutive year.

The 2025 S&P Global Sustainability Yearbook features companies that score within the top 15% of their industry, and achieve a S&P Global Sustainability Score within 30% of the industry's top-performing companies. 7,690 companies from 62 industries were evaluated in the 2024 Corporate Sustainability Assessment, and Hanon Systems ranks as a 2025 yearbook member out of 12 companies in the Auto Components category.

"Building on my ESG experience at Hankook Tire & Technology, I aim to further advance sustainable management at Hanon Systems," said Soo Il Lee, CEO and vice chairman of Hanon Systems. "We will continue to strengthen collaboration with various stakeholders to improve our ESG performance across the company and strive to become a global ESG leader."

Hanon Systems has been publishing annual sustainability reports since 2017 and established an ESG Committee in 2022 to ensure systematic and proactive ESG management. The company aims to achieve short-term greenhouse gas reductions by 2030, net zero by 2050, and reduce absolute emissions of scope 1, 2, and 3 by 90% by 2040. Additionally, the Science Based Targets (SBTi) initiative has approved these targets in 2024.

About Hanon Systems

Hanon Systems, founded in 1986, is a global leader in thermal energy management solutions. In January 2025, it became a subsidiary of Hankook & Company Group. Its offering includes a wide range of solutions in the areas of heating, ventilation and air conditioning, powertrain cooling, compressor, fluid transport, and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems.com.

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SOURCE Hanon Systems