ESG
We pursue ESG for sustainable management.

ESG

ESG Data

ESG Data

A. General Disclosures

A01. Organization
Company Name Huvis
CEO Kim, Suk Hyun
Date of Establishment November 1, 2000
Listing February 23, 2012 (KOSPI)
Head Office 343, Hakdong-ro, Gangnam-gu, Seoul, Republic of Korea
Business Areas Polyester Fibers, Super Fibers
Subsidiary Company Sichuan Huvis, Huvis Global
No. of Employees 704 (As of 2024)
Sales KRW 939 bln (As of 2024)
A02. ESG Evaluation Rating
KCGS(Korea Corporate Governance Service)
Evaluation Year Integrated Rating Category
Environmental Social Governance
2024 B+ B+ A B+
2023 A B+ A+ B+
2022 B+ B+ A B+
2021 A B+ A+ A
2020 B+ B+ B+ B+
2019 B B B B
2018 B+ B+ B+ B+
2017 B+ B+ A B
2016 B+ B+ B+ B
2015 B B B C
2014 C B C C
A03. ISO Implementation Plan

ISO(14001)
Operational Plan (2025)

Month Scope of Work
January Establishment of 2025 environmental targets,

internal and external issues, risk identification, etc
February Preparation of the 2024 Environmental Management Review Report
March Reporting of the 2024 Environmental Management Review
April ISO recertification audit proposal and audit preparation for the first half of 2025
May ISO recertification audit for the first half of 2025
June Recertification audit corrective actions for the first half
July ISO coordinator training and environmental management system status review
August Internal audit proposal and audit preparation
September Internal audit
October ISO surveillance audit proposal and audit preparation for the second half of 2025

Compliance obligations assessment
November ISO surveillance audit for the second half of 2025
December Surveillance audit corrective actions for the second half

B. Environmental

 

※ In the absence of specific workplace categorizations, the following applies to the Jeonju plant regarding objectives and performance

B. Energy Management

B_01. Consumption Targets and Performance

Category Energy Usage(*TJ)
2021 2022 2023 2024
Target(①) 7,100 6,000 5,950 5,950
Performance(②) 7,089 5,891 5,860 5,846
Target(*Converted to TOE) 169,285 140,677 139,937 139,602
Difference(②-①) -11 -109 -90 -104
Reduction Rate Compared to the Previous Year 1% -17% -1% -2%
  • *TJ(Tera Joule)
  • *TOE(Ton Of Oil Equivalent) : Represents the net calorific value of 1 ton of crude oil. 1 TJ = 23.88 TOE

B01_02. Energy Intensity

Category 2022 2023 2024
Energy usage(TJ) 5,891 5,860 5,846
Sales(KRW 100 million) 8,293 7,212 7,251
Energy consumption intensity(TJ/KRW 100 million) 0.710 0.813 0.806
  • ※ Revenue source : Huvis Business Report

B01_03. Use of Renewable Energy

Category 2022 2023 2024
Renewable Energy
Consumption(MWh)
176.90 623.90 1,165.38
TJ Conversion
(MWh = 0.0036TJ)
0.637 2.246 4.195
Annual Total Energy
Consumption(TJ)
5,891 5,860 5,846
Percentage of Renewable
Energy Use(%)
0.011 0.038 0.072
Improvement Rate Compared
to the Previous Year(%)
0.011 0.027 89.5
  • *Renewable energy consumption is based on the solar power generation produced and consumed at the Jeonju plant
  • *The percentage of renewable energy use is calculated against Huvis' total energy consumption (TJ)
B02. Greenhouse Gas Emission

B02_01. Emissions Targets and Performance (2024)

Category Greenhouse Gas Emissions(*tCO2 eq)
Head Office Jeonju Plant R&D Center Daegu Ofifce Total
Target 300 410,000 600 10 410,910
Performance 268 397,462 563 8 398,301
  • *tCO2 eq : Ton CO2 equivalent

B02_02. Greenhouse Gas Emissions

Category Greenhouse Gas Emissions(tCO2 eq)
2021 2022 2023 2024
Direct greenhouse gas emissions(Scope1*) 301,924 245,342 262,834 274,598
Indirect greenhouse gas emissions(Scope2*) 163,927 139,435 130,304 123,704
Indirect greenhouse gas emissions(Scope3*) - - - -
Total 465,851 384,776 393,137 398,301
Reduction Rate Compared to the Previous Year(%) 0.2% -17.4% 2.2% 1.3%
  • * Scope1 : Direct emissions from sources owned or controlled by the company
  • * Scope2 : Indirect emissions from the consumption of purchased electricity, steam, etc
  • * Scope3 : Indirect emissions occurring in the company’s value chain (Huvis currently does not estimate separate Scope 3 emissions)

B02_03. Emissions Intensity

Category 2022 2023 2024
Greenhouse Gas Emissions(tCO2eq) 384,776 393,137 398,301
Product Output(tons) 557,618 603,500 618,832
Greenhouse Gas Emissions intensity(tCO2eq/tons) 0.69 0.65 0.64
B03. Waste Management

B03_01. Generation Targets and Performance

Category 2021 2022 2023 2024 2029
Target Performance Target Performance Target Performance Target Performance Target
Product Output(tons) 783,279 762,473 803,296 557,618 544,318 603,500 568,427 645,613 568,427
Waste Generation(tons) 30,148 29,877 31,477 25,765 23,147 29,609 28,817 31,700 27,376
Waste Generation Rate Relative to Production 3.8% 3.9% 3.9% 4.6% 4.6% 4.9% 5.1% 4.9% 4.8%

Year-over-year unit reduction rate

5% 18% 6% 3% -5%
  • ※ Target for 2029 : Set a goal to reduce generation by 10% compared to 2024 by decreasing it by 2% annually
  • ※ Reduction Measures : Reduction and reuse of raw and auxiliary materials loss, reduction in the use of disposable products

B03_02. Treatment Performance by Type

Category 2023 2024
Incineration Landfill Others* Recycling Total Incineration Landfill Others* Recycling Total
Hazardous Waste(tons) 2,310 - 46 537 2,892 2,083 - 14 637 2,733
General Business Waste (tons) 433 2,396 52 23,604 26,484 436 2,052 278 23,180 25,946
Construction Waste(tons) - - 232 - 232 - - 138 - 138
Total(tons) 2,742 2,396 330 24,140 29,609 2,519 2,052 429 23,817 28,817
Recycle Rate 82% 83%
  • *Others : Intermediate disposal methods such as neutralization, shredding, etc.

B03_03. Recycled Materials Usage Performance (2024)

Category SF Products FY Products Total
Amount of Recycled Materials Used(tons)

HP-Chip

(GRS Certification)

84 474 558

Ecoever-LM

(GRS Certification)

380 - 380
PPS 4 - 4
Total 468 474 941
Production Volume Using Recycled Materials(tons)

HP-Chip

(GRS Certification)

111 457 568

Ecoever-LM

(GRS Certification)

723 - 723
PPS 127 - 127
Total 961 457 1,418
  • *HP : Hybrid Polymerization, GRS: Global Recycled Standard, LM: Low Melting, PPS: Poly Phenylene Sulfid
B04. Recycling

B04_01. Process Recycling Process

  • Classification and Recording
    • Sorting waste by type(e.g., by polymer, color)
    • Daily recording of amounts by classification
  • Collection and Weighing
    • Collecting sorted waste
    • Weighing collected waste
    • Moving to a designated location
  • Recycling
    • Transport to a designated location
    • Disposal by recycling companies

B04_02. Recycling Performance

Category 2021 2022 2023 2024
Waste(Plastic Waste) Recycling Performance(tons) 8,302 6,519 6,912 6,449
B05. Water Resources Management

B05_01. Water Usage Plan and Performance by Facility (2024)

Business Site Industrial Water(tons) Domestic Water(tons) Groundwater(tons) Reuse Amount(tons) Total Usage(tons)
Plant 1 Target 2,100,000 120,000 105,000 540,000 2,965,000
Performance 1,996,700 109,460 94,400 546,650 2.747,210
Plant 2 Target 700,000 46,000 150,000 150,000 911,000
Performance 644,329 45,900 13,750 161,440 865,419
Total Target 2,800,000 166,000 120,000 690,000 3,776,000
Performance 2,641,029 155,360 108,150 708,090 3,612,629

B05_02. Water Usage by Source

Year Industrial Water(tons) Domestic Water(tons) Groundwater(tons) Reused Water(tons) Total Water Usage(tons) Reuse Rate Water Usage Increase/Decrease Rate
2024 2,641,029 155,360 108,150 708,090 3,612,629 20% -5%
2023 2,649,140 136,390 56,580 959,190 3,801,300 25% -12%
2022 3,134,970 129,620 90,430 969,430 4,324,450 22% -1%
2021 3,040,316 131,050 121,580 1,067,180 4,360,126 24% 18%
B06. Pollutants Management

B06_01. Air Pollutant Management Standards

Pollutant Types Emission Allowance Standards(ppm) Self-Management Standards Remarks
Nitrogen Compounds(NOx) Varies by location Within 80% of the emission
allowance standards
Under total quantity control
Sulfur Compounds(SOx) Varies by location Under total quantity control
Dust(mg/m3) Varies by location Under total quantity control
Brominated Compounds 3
Carbon Monoxide -
Ammonia 30
Zinc 4
Copper 4
Total Hydrocarbons 200

B06_02. Air Pollutant Emissions

Category 2022 2023 2024 2029
Target
(kg)
Performance
(kg)
Target
(kg)
Performance
(kg)
Target
(kg)
Performance
(kg)
Target
(kg)
NOx 184,236 101,814 159,786 93,978 147,439 114,110 78,462
SOx 188,689 140,966 134,803 145,423 70,601 175,807 147,804
Dust(mg/m3) 5,489 5,366 4,324 4,993 2,856 5,356 3,240
Total 378,414 248,146 298,913 244,394 220,896 295,273 229,506
Result Compliance Compliance Compliance
  • ※ 2029 Plan: Application of the total emission allowance allocation plan for the second planning period (2025-2029) (average 30% reduction compared to 2024 performance)
  • ※ Reduction Measures : Investment in new air pollution control facilities and optimization of existing facilities

B06_03. Water Pollutant Management Standards

Pollutant Types Emission Allowance Standards(mg/L) Self-Management Standards(mg/L) Remarks
BOD 200 100 50%
TOC 115 60 52%
SS 200 100 50%
T-N 60 45 75%
T-P 8 5 63%

B06_04. Total amount of water pollutant discharge

Category 2023 Performance(tons) 2024 Performance(tons) 2029 Target(tons)
BOD 5.25 8.63 8.20
TOC 8.75 8.96 8.51
SS 11.05 15.1 14.35
T-N 2.02 1.23 1.17
T-P 12.34 18.18 17.27
Total 34.41 52.1 49.5
  • ※ Target for 2029 : Set a goal to reduce generation by 5% compared to 2024 by decreasing it by 1% annually
  • ※ Reduction Measures : Reduction of pollutants from wastewater discharge facilities and increased efficiency of wastewater treatment plants
B07. Chemical management

B07_01. Chemical Emissions

Category 2022 Performance(kg) 2023 Performance(kg) 2025 Performance(kg) 2029 Target(kg)
Dichloromethane 22,447.8 15,486 10,838 10,296
Sodium Hydroxide - - - -
Aluminum and its Compounds - - - -
Hydrogen Chloride 94.9 92.7 91.7 87.1
m-Phenylenediamine 5.9 20 25 24
Antimony and its Compounds 0.4 0.3 0.2 0.2
Total 22,549.0 15,599.0 10,955 10,407
  • ※ Target for 2029 : Set a goal to reduce generation by 5% compared to 2024 by decreasing it by 1% annually
  • ※ Reduction Measures : Optimization of the mA process and reduction of Dichloromethane emissions through reuse

B07_02. Hazardous Chemical Usage

Product Name Content(%) Substance Name 2022 Performance (tons) 2023 Performance (tons) 2024 Performance (tons) 2029 Target (tons)
DMAc 100 N, N-Dimethylacetamide 340 240 128 122
Hydrogen Chloride 35 Hydrogen Chloride; Hydrochloric Acid 493 244 126 120
Sodium Hydroxide 50 Sodium Hydroxide; Caustic Soda; Lye 420 288 157 149
Sodium Hydroxide 50 Sodium Hydroxide; Caustic Soda; Lye 114 124 95 90
m-Phenylenediamine 100 m-Phenylenediamine 368 347 301 286
Dichloromethane 100 Dichloromethane 49 32 21 20
Total 1,784 1,275 828 787
  • ※ Target for 2029 : Set a goal to reduce generation by 5% compared to 2024 by decreasing it by 1% annually
  • ※ Reduction Measures : Optimization of the R/O equipment operation in the water treatment room and application of non-hazardous chemical substitutes
B08. Environmental Regulations
Category 2022 2023 2024
Status of Legal Violations None None None
Measures for Recurrence Prevention - - -
B09. Eco-friendly Biz/Products

B09_01. Status of Eco-friendly Purchases

Category 2022 2023 2024
Purchase Volume
(tons)
Purchase Amount
(billion KRW)
Purchase Volume
(tons)
Purchase Amount
(billion KRW)
Purchase Volume
(tons)
Purchase Amount
(billion KRW)
Eco-friendly Purchases 1,504 31 807 19 1,123 18
Total Purchases 462,651 4,460 403,663 4,479 375,211 4,138
Eco-friendly Proportion 0.33% 0.70% 0.20% 0.43% 0.30% 0.43%

※ Criteria for Eco-friendly Purchases

  • 1. Products not using harmful chemicals in the manufacturing process (Biomass)
  • 2. Products mechanically or chemically recycled through resource circulation (Bottle Flake, GRS Chip)

B09_02. Status of Eco-friendly Product Sales

Classification 2022 2023 2024
Sales Volume (tons) Sales Amount (billion KRW) Sales Volume (tons)) Sales Amount (billion KRW) Sales Volume (tons)) Sales Amount (billion KRW)
Eco-friendly Sales 19,204 513 22,494 574 22,906 578
Total Sales 348,940 8,293 337,754 7,139 324,427 7,230
Eco-friendly Proportion 5.5% 6.2% 6.7% 8.0% 7.1% 8.0%

※ Criteria for Eco-friendly Products

  • 1. Products that do not use or use reduced amounts of harmful chemicals in the manufacturing process compared to existing products (Biomass, antibacterial fibers, recycled fibers, etc.)
  • 2. Products that do not contain or contain reduced amounts of harmful chemicals in the final product compared to existing products (H/Bico for filtration, yarn, mask fibers & nonwovens, biodegradable fibers, etc.)
  • 3. Products with eco-friendly certifications (ECOPET, Animal Protection, etc.)

B09_03. Eco-friendly Certifications

No Certification Name Certifying Agency View Certification
1 ISO 14001 LRQA
2 Environmental Label Certification(EL243) Korea Environmental Industry & Technology Institute
3 Environmental Label Certification(EL314) Korea Environmental Industry & Technology Institute
4 OEKO-TEX STANDARD 100 OEKO-TEX
5 EcoVadis EcoVadis
6 GRS SCOPE CERTIFICATE Control Union
7 Certificate of Vegan Korea Agency of Vegan Certification and Services

C. Social

C01. Human Resource

C01_01. Workforce Status

Category Gender 2023 2024
Total Workforce Male 643 620
Female 90 84
Total 733 704
Executives Male 10 10
Female 0 0
Total 10 10
General Management Directors/Deputy Directors Male 88 95
Managers/Deputy Managers Male 94 81
Subtotal 182 176
Directors/Deputy Directors Female 6 7
Managers/Deputy Managers Female 11 9
Subtotal 17 16
Total 199 192
Production Staff Male 404 375
Female 39 38
Total 443 413
Office/Research & Technical Staff Male 5 4
Female 30 28
Total 35 32
Contract Employees Male 42 55
Female 4 3
Total 46 58
  • ※ Excluding CEO, as of December 31

C01_02. Diversity in Workforce Composition

Category 2023 2024
Employment Status of Individuals with Disabilities General Management 2 1
Office Staff 2 3
Production Staff 9 8
Subtotal 13 12
Employment Status of Foreign Nationals 0 0
Total 13 12

C01_03. Ratio and Long-term Goals for Women/Disabled Employees

Category 2024 Ratio 2030 Target
Ratio of Female Managers 2.3% 3.0%
Ratio of Female Employees 11.9% 15.0%
Ratio of Employees with Disabilities 1.7% 3.0%
  • ※ Manager Criteria : Individuals in general management positions

C01_04. Voluntary turnover rate

Category 2023 2024
Number of voluntary turnover 65 38
Voluntary Turnover Rate(as a percentage of year-end staff) 8.9% 5.4%
  • ※ Voluntary turnover persons : Individuals who left the organization based on personal decision, irrespective of organizational intent
C02. Human Resource Development

C02_01. Talent Development Strategy
and Education System

Category Group Training Individual Training
Position Level Common Job Functions Degree Programs Self-directed Learning Beyond General Management
Executives Executive Programs New Executive Programs Common Job Function Issue Workshops Marketing Common Job Function Programs Production Common Job Function Programs R&D Common Job Function Programs E
M
B
A
E-IDP Breakfast & Forums SERI
CEO
In-house/External Language Courses Reading Management, Legal Education, ESG Evaluation Training
Team Leaders Team Leader Programs New Executive Programs Inter-level/Inter-organization
Workshop
Promotion Programs IDP & Educational Platform (Videos) SERI
PRO
Directors/Deputy Directors Section Leader Programs M
B
A
Master’s/Doctorate
Managers
Assistant Managers
Junior Managers New Employee Introduction & Practical Training
Office Staff Office Staff Capability Enhancement
Production Staff Production Staff Capability Enhancement Production Job Functions

C02_02. Talent Development Roadmap

Category Programs Key Content
Self-directed Learning IDP Actively support opportunities for external education to enhance competencies required for job performance.
Book Learning Strengthen individual and organizational capabilities through knowledge and experience gained from reading / Actively support book clubs.
Leadership Training New Executive/Team Leader Programs Foster leadership skills necessary for roles as executives/team leaders, recognizing the role change.
Promotion Training Implement to enhance expertise linked to role awareness due to rank changes.
Level-specific Training Aim to improve common competencies required for respective levels.
Job-specific Training Job Competency Enhancement Establish courses to actively respond to the needs of different job groups/functions.
Language Education Support Provide education tailored to expatriates & overseas business project pool/general staff to enhance global communication skills and support for self-development expenses.
Core Talent Development Degree Sponsorship Program Offer educational opportunities for employees selected through internal competitions to develop job competencies/management leadership at domestic and international schools.
Onboarding New Employee Training Aim to develop an understanding of Huvis’s core values, processes, products, and essential business competencies.
Experienced Employee Training Support early integration by assisting in understanding Huvis and ensuring a soft landing.
Ethical Management Ethics Training Aim to enhance ethical awareness across all employees, including anti-corruption and fair-trade practices.

C02_03.Training Performance Status (2024)

Category Programs Content
Conduct Schedule Time No. of persons Location
Position/Level Promotion Programs 3/8 5hr 25 Daejeon Lecture Hall
New Employee Training 6/28 4hr 14 Jeonju Lecture Hall
New Employee Introduction Program 5/13 6hr 4 Seoul Office
Level-specific Training (Executive, Level C) 9/20 4days 6 Seoul Lecture Hall
Mandatory

Legal Mandatory Training

(Sexual harassment prevention, Disability awareness, Safety training)
6/10~6/21 3hr 251 Online

Essential Training

(Prevention of workplace bullying, Fair society and human rights, Information security, AEO training)
11/18~11/28 4hr 244 Online
C03. Safety and Health Management

C03_01. Industrial Accident Rate and Number of Industrial Accidents

Category Classification 2022 2023 2024
Huvis Number of injuries(persons) 5 4 2
Industrial accident rate(%) 0.69 0.65 0.36
Lost Time Injury Frequency Rate(LTIFR) 2.36 2.23 1.22
Partner Companies Number of injuries(persons) 4 3 4
Industrial accident rate(%) 0.40 0.33 0.45
Lost Time Injury Frequency Rate(LTIFR) 1.37 1.15 1.53
  • ※ From 2019, businesses with over 500 employees are subject to integrated management of industrial accidents for primary contractors and subcontractors.

C03_02. Safety and Health Education System

Category Executives Team Leaders Section Leaders/Managers/Deputy Managers Junior Managers/Assistant Managers S/J Staff
Regular Safety and Health Education Conduct and verify worker education - - - Industrial Safety and Health Education (Minimum 6 hours per quarter)
Supervisor Education Supervisor Education
(Team Leaders to Crew Leaders) (Minimum 16 hours annually)
Training at Recruitment Safety and Health Education at New Hire (Minimum 8 hours)
Training When Job Content Changes Safety and Health Education at Department Transfer or Job Content Change (Minimum 2 hours)
Special Safety Education Special Safety Education for Designated Tasks
(Minimum 16 hours per designated task)

C03_03. Management of Safety and Health Risk Factors

C03_03_01. Response to the Serious Accidents Punishment Act
Items Goals Implementation Methods Performance Indicators
Establishment of Safety and Health Goals and Management Policies Expression of the top management’s commitment to safety and health Setting next year’s goals based on the previous year’s safety and health performance Once per year
Inspection of Safety and Health Implementation Status Inspection and improvement of safety and health obligations Inspecting safety and health implementation status and reporting results to the CEO

Once per half-year Overall score of 77 points or higher

Regular Reporting on Health and Safety Compliance Duties to the CEO

Monitoring Health and Safety Compliance Implementation

Compliance Checks and Reporting Results to the CEO Once per Month
Response to Changes in the Serious Accidents Punishment Act 2025 Serious Accidents Roadmap (Four Major Strategies). Response to changes and reduction of legal risks Developing and executing response plans according to detailed guidelines and amendments to relevant laws for the reduction of serious accidents Zero non-compliance with regulations
Improvement of Regulations, Procedures, and Detailed Work Standards Revision and field application of work standards reflecting the reality of the law Reflecting legal requirements in work standards and implementing regulations and procedures
Continuous monitoring
Ten or more cases per year
Environmental Safety Master Plan L/H/C Strengthening the management of risk factors and responding to regulatory changes Planning and tracking the budget for safety and health-related investments 100% of the available budget invested 80% or higher implementation performance
Continuous Implementation of Detailed Initiatives from the Major Accident Reduction Roadmap Responding to Regulatory Changes and Strengthening Hazard Management Conducting Major Accident Drills, SHE (Safety, Health, and Environment) Level Diagnostics, and SHE Staff Workshops to prevent major accidents Upon Occurrence
C03_03_02. Transition to Field-centered Safety Management System L/H/C
Item Goal Implementation Method Performance Indicators

Process Hazard Analysis (HAZOP)

Job Safety Analysis (JSA)

Level-up

Identifying and improving potential risk factors Regular: Conduct risk assessments once a year, implement and track improvements for high-risk factors (1Q)
Ad Hoc Events: Risk assessments conducted more than three times a month, addressing high-risk factors, and tracking management
Identification and incorporation of potential hazards and blind spot risk factors missed in JSA risk assessments
On-site risk assessment guidance: Safety team + supervisors + contractors
Implementation rate of improvement plans: 90% or higher
100% participation in risk assessments
C03_03_03. Improvement of Potential Risk Factors and Work Environment
Item Goal Implementation Method Performance Indicators
Improvement of Potential Risk Factors Improvement of potential risk factors Environmental Safety Master Plan: Investment Performance Tracking, Government Inspections, SHE Level Diagnostics, and Improvements to Safety Devices Implementation performance: 95% or higher
C03_03_04. Safety Management for Partner Companies
Item Goal Implementation Method Performance Indicators
Operation of Partner Company Council Sharing of safety and health regulations, accident cases Hold meetings with in-house and construction partner companies Partner Companies 12 Sessions
Construction Partners 12 Sessions
Enhancement of contractor safety management work standards Strengthened regulations for occupational health and safety compliance, enhanced penalties for non-compliance Establishment and revision of work standards reflecting legal and stakeholder requirements 1 case/year or more
Promotion of Cooperative Business Projects Improvement of Health and Safety Management Levels Among Partner Companies Establishment and Support of Health and Safety Management Systems and Risk Assessments at Partner Companies Based on Internal Evaluation Criteria: 80 Points or Above.
Safety observation of the hot work safety regulation manual compliance Safety observation of thorough construction supervision compliance according to the Huvis hot work safety regulation manual Safety observation of thorough construction supervision compliance according to the Huvis hot work safety regulation manual 4 incidents/month or less
Semi-annual Evaluation of Partner Companies Selection of Qualified Suppliers Based on Health and Safety Management Evaluation Standards Modified and Semi-annual Evaluations Implemented Starting in 2022 Twice per year
Safety Innovation School lending, safety training instructor support Improvement of contractor occupational health and safety awareness levels Training facility support for in-house and construction contractor self-safety training, safety team safety training instructor support upon request from in-house and construction contractors Upon contractor request
C03_03_05. Safety and Health Education
Item Goal Implementation Method Performance Indicators
Legal Safety and Health Education (Regular Safety and Health Education, Supervisor Education, New Hire Training, Training upon Job Content Change, Special Safety Education, Legal Appointee Education, etc.) Cultivating safety awareness Conduct independently based on team/part-specific plans Conducted according to legal education cycles and hours
C03_03_06. Safety Observation and Inspection
Item Goal Implementation Method Performance Indicators
Daily Inspections, Pre-work Safety Inspections Identifying risk factors and improving the work environment Conduct inspections based on checklists Fewer than one penalty per month
Joint Labor-Management Safety and Health Inspections Identifying risk factors and improving the work environment Form and execute joint inspection teams with labor and management At least once per half-year
Joint Safety and Health Inspections with Partner Companies Identifying risk factors and improving the work environment Form and execute joint inspection teams with partner companies At least once per quarter
C03_03_07. Safety and Health Activities
Item Goal Implementation Method Performance Indicators
Safety and Health Emphasis Period Operations/Events Promoting voluntary safety and health management Awards for Departments Achieving No Accidents, Outstanding Employees/Partner Companies in Environmental Safety Once per year
Environmental Safety Day Operations at the Factory Implementing and improving factory environmental safety measures and identifying potential risk factors Operate Environmental Safety Day within each team, conducting factory environmental safety observations, etc. Once per month
Environmental and Safety Day Safety Campaign Promoting safety and health awareness and improving safety consciousness Distribution of Placards and Health and Safety Promotional Materials
Joint labor-management campaign implementation
1 time/quarter
C03_03_08. Risk Factor Improvement Activities
Item Goal Implementation Method Performance Indicators
Identifying Near-miss Incidents Identifying and improving potential risk factors Post and share near-miss incidents on the internal bulletin board At least one incident per month per department
C03_03_09. Safety and Health Management
Item Goal Implementation Method Performance Indicators
Implementation of Process Safety Management (PSM) Report Compliance with PSM and maintenance of ratings Management: Comply with regulations and updating other process materials
Internal Audit: Form an audit team and inspect each team
Implementation Status Check: Respond to inspections by the Ministry of Employment and Labor
Annual Review
Less than 12 Issues Noted / Maintain an 'S' Grade in Process Safety Management (PSM)
Extension Audit and Follow-up Audits for KOSHA-MS Adherence to KOSHA-MS certification standards and maintenance of certification Internal Review: Form an audit team and inspect each team
Extension Asudit: Respond to inspections by the Korea Occupational Safety and Health Agency
Fewer than five non-conformities or observations
Environmental Safety MBO Team Evaluation Compliance with environmental, safety, and fire regulations and inspection of management status Conduct Environmental Safety Management Evaluation at the team level Once per quarter
Safety-focused Work System Focus on safety and health tasks to identify and improve hazardous risk factors Conduct safety and health-related tasks from arrival until 13:00 ~14:00 More than ten times per month
Regular SLC Meetings Sharing safety and health improvement performance across teams Report safety observation performance and critical safety environment improvement performance by each team Once per month
Emergency Response Training Improving response capabilities in case of an emergency Conduct emergency response drills based on scenarios for fire, explosion, leakage, natural disasters, and asphyxiation Twice per year
Confined Space Emergency Response Training Implementing safe work procedures for confined spaces Implement work standards (confined space work program) Twice per year
Industrial Safety and Health Committee Preventing worker injuries Form a committee with equal representation from labor and management, holding quarterly meetings, making improvements, recording, and announcing minutes Once per quarter
Accident Investigation Committee Establishing cause analysis and preventive measures for accidents Form an accident investigation committee in case of occurrence to analyze causes and establish preventive measures Upon Occurrence Less than 4 issues per year
Process Accident and Equipment Management Zero occurrence of process accidents
Reduction in equipment failures
Identify causes and eliminate causes in case of process accidents/equipment failures Upon Occurrence Less than 4 issues per year
GHS/MSDS Management (Chemical Substances) Improvement in MSDS management standards Secure and display MSDS, understand handling procedures, wear protective equipment, and check warning signs During Site Inspections Less than 1 issues per quarter
Health Checkups (Management of Workers with Findings) Enhancing worker health Conduct general and special health examinations 100% examination rate
Work Environment Measurement Improving the work environment Measure work environments for night shifts, noise, and chemical exposure, and improve work environments exceeding exposure limits Exceeding exposure limit: Fewer than 1 case per year
Chemical Substance Risk Assessment Improving the work environment related to chemical exposure Conduct risk assessments based on work environment measurement results and enhance the work environment Twice per year
Hearing Conservation Program Improving the work environment related to noise exposure Provide education to workers in noisy processes and enhance the work environment based on work environment measurement and special health examination results Once per year
Vaccinations Influenza, Hepatitis, and other epidemic prevention Vaccinations conducted through healthcare institutions Once per year
C03_03_10. Fire, Hazardous Materials, and High-Pressure Gas Safety Management
Item Goal Implementation Method Performance Indicators
Preparation of Fire Safety Plan Establishing and enhancing fire safety management standards and capabilities Prepare and submit the fire safety plan for the Jeonju plant to the fire station Once per year
Self-defense and Joint Fire Drills Improving emergency response capabilities Train fire brigade on roles and procedures, conduct joint drills with the fire station Twice per year
Maintenance and Inspection of Firefighting Equipment (e.g., extinguishers, hydrants) Preserving firefighting facilities Maintenance of firefighting facilities through internal and external inspections Conducted according to legal intervals
Preparation of Hazardous Materials Prevention Regulations Establishing and enhancing hazardous materials safety management standards and capabilities Prepare hazardous materials prevention regulations for the Jeonju plant (submit to the fire station in case of significant changes requiring permits) In the Event of Changes to Hazardous Material Permits
Safety Inspection of Hazardous Materials and High-Pressure Gas Facilities Ensuring safe operation of hazardous materials and high-pressure gas facilities Conduct internal inspections for the safe operation of hazardous materials and high-pressure gas facilities At least once per month
C03_03_11. Legal Safety Inspections
Item Goal Implementation Method Performance Indicators
Inspection of Harmful and Dangerous Machinery and Equipment Ensuring safe operation of harmful and dangerous machinery and equipment Conduct inspections before the expiration date (outsourced) Once every two years (legal compliance)
Regular Inspection of Hazardous Materials Facilities Ensuring safe operation of hazardous materials facilities Conduct joint inspections with hazardous materials safety managers Once per year (legal compliance)
Regular Inspection of High-Pressure Gas Facilities Ensuring the safe operation of high-pressure gas facilities Request regular safety inspections from the Korea Gas Safety Corporation Twice per year (legal compliance)
C03_03_12. Training of Safety Management Professionals
Item Goal Implementation Method Performance Indicators
Training of Legally Appointed Specialists in Safety/Fire/Hazardous Materials/High-Pressure Gas Managing legally appointed personnel and securing backup staff Encourage departments requiring legally appointed personnel to obtain certifications or hire new employees with relevant qualifications Obtain certifications for two personnel per year
Training of Internal Auditors for PSM
Training of Internal Auditors for KOSHA
Developing internal inspection personnel for thorough internal audits Complete professional education at external training institutions Complete training for four personnel per year

C03_04. Proportion of Feedback from Partner Company Workers Processed through Feedback Channels

Year Issue Improvement Completed Improvement Under Review Feedback Processing Rate Performance Indicators
2024 15 15 0 100% 1. Improving after establishing a long-term investment plan for Huvis' self-installation of guardrails for work at height
2. Sharing contractor improvement cases when sharing near-miss improvement cases
3. Sharing plant-wide emergency response system for fire and explosion risk processes
4. Training guidance for gas concentration measurers in confined space work
2023 12 11 1 91.7% 1. Establishment and Implementation of Pedestrian Safety Guidelines
2. Distribution of Leaflets on Major Accident Sirens, Case Studies, and Preventive Measures
3. Briefings and Educational Sessions on the Serious Accident Punishment Act for Workplaces with Fewer than 50 Employees
4. Compilation and Sharing of Materials on the Standards and Comparisons Between General and Special Medical Examinations
2022 13 11 2 84.6% 1. Provide JSA risk assessment training and share training materials
2. Expand the attachment of hazard warning cards to partner companies and conduct rewards
3. Install sensors in electric vehicle work zones
4. Include partner company employees in activities like the 119 safety experience
C04. Human Rights Management

C04_01. Human Rights Risk Activities

No Major Human
Rights Issues
Verification and Improvement Measures Effectiveness Assessment*
1 Child Labor and Forced Labor
  • Establishing human rights policies to eradicate modern slavery, including child labor and forced labor, and creating a healthy working environment
100 points
(0 incidents)
2 Workplace Harassment
  • Notifying and educating on the prohibition and prevention of workplace harassment and operating reporting channels (internal portal/website (Ethical Management - Report))
100 points
(0 incidents, 2024 100 points)
3 Sexual Harassment Prevention
  • Conducting annually sexual harassment prevention and disability awareness education for all employees
  • Operating reporting channels (internal portal/website (Ethical Management - Report))
100 points
(0 incidents)
4 Severe Accidents and Industrial Safety and Health
  • Establishing and operating a dedicated safety and health organization
  • Developing and implementing the Environmental Safety Master Plan (2022-2026)
  • Conducting monthly inspections of safety and health performance by the CEO
  • Establishing and managing annual safety and health plans for each team focused on nine core tasks, including risk assessment, to ensure field-centered safety and health management
  • Utilizing the Safety Contact system for TBM (Tool Box Meeting) activities to strengthen the execution of risk assessments
100 points
(0 incidents)
  • * Effectiveness Assessment - 0 incidents : 100 points, 1-2 incidents : 50 points, 3 or more incidents : 0 points

C04_02. Status of Human Rights Issue Reports Handling (2024)

Number of Received Reports Number of Handled Reports Handling Rate(%)
0 0 -
C05. Fair Trade

C05_01. Unfair Trade Risk Management Activities

No Major Issues Verification and Improvement Measures Effectiveness Assessment*
1 Raising awareness among members in relation to unfair-trade policies
  • Conducting fair trade education (ethics education)
100 points
(0 incidents)
2 Activities to prevent unfair trade practices Activities to prevent
  • Establishing a monitoring mechanism for unfair trade
    - Operating an anonymous reporting channel (internal portal/website (Ethical Management | Report))
  • Conducting preventive activities by obtaining consent to the code of conduct and collecting opinions from partners
  • * Effectiveness Assessment - 0 incidents : 100 points, 1-2 incidents : 50 points, 3 or more incidents : 0 points
C06. Community

C06_01. Community Risk Management Activities

No Major Issues Content Verification and Improvement Measures Effectiveness Assessment*
1 Environmental pollution issues around the factory Minimizing the negative impact of waste, pollutants, and air emissions generated during the production process on the local environment
  • Establishing and operating an environmental management system
  • Conducting monthly environmental safety day events at the Jeonju plant
  • Implementing activities related to waste disposal, air and water quality management, and energy efficiency
100 points
(0 incidents)
2 Safety issues around the factory Minimizing the negative impact on residents caused by negligence, accidents, or disasters related to safety issues
  • Conducting safety and health cooperation with partner companies (council meetings, education support, performance evaluations, etc.)
  • Conducting regular safety interviews with individual employees by managers
  • Preventing safety accidents through the identification and improvement of near-miss cases
100 points
(0 incidents)
3 Potential disruptions from factory operations affecting residents Preventing negative impacts on the quality of life of residents due to noise, odors, and traffic from factory operations through continuous feedback from the community
  • Promoting active communication and cooperation with the local community by attending the Residents’ Autonomy Committee (Palbok-dong)
100 points
(0 incidents)
  • * Effectiveness Assessment - 0 incidents : 100 points, 1-2 incidents : 50 points, 3 or more incidents : 0 points
C07. Corporate Social Responsibility

C07_01. Corporate Social Responsibility Activities

Category Support Activities Beneficiaries Support Details Implementation Periods
Scholarship Support Book/Material Support
  • Four elementary schools in the North Jeolla region
  • Support for books/materials and environmental improvements
    (40 million won)
May
Scholarship Funding
  • Underprivileged/model/probation targets in Jeonju City
  • Jeonju District Prosecutors' Office Legal Love Association
    (10 million won)
November
Living Support Meal Support for Children without Access to Food
  • Low-income families at three elementary schools near the Jeonju plant
  • Meal support during summer and winter breaks
    (40 million won)
July, December
Book and Meal Support for Low-Income Families
  • Selected low-income and marginalized groups in Jeonju City
  • Wisdom's Side Dishes (books), Mother's Table (meals) (donations from Jeonju City Hall)
    (20 million won)
April, November
Coal Donation/Delivery
  • Impoverished, low-income, and elderly living alone (Seoul, Jeonju, Daejeon)
  • Coal purchase and delivery volunteer activities
    (10 million won)
November
Fire Safety Fund
  • Vulnerable groups affected by residential fires in the North Jeolla region
  • Fire damage home repair/living expenses support (organized by Jeolla North Province Fire Headquarters)
    (5 million won)
April
Housing Environment Improvement
  • Vulnerable residents in Paldok-dong near the Jeonju plant
  • Support for the replacement of old wallpaper and flooring (donations from Paldok-dong Community Center)
    (5 million won)
April
Product Donation Uniform Support
  • One elementary or middle school soccer team in the North Jeolla region
  • Uniform donations linked with company products (summer and winter)
    (8 million won)
August
Bedding Support
  • 10 households each from 8 elementary schools in the Jeollabuk-do region

  • 20 low-income households in the Jeollabuk-do

  • Corporate volunteer group (Suseomyeonghwa Social Welfare Center)
  • Bedding sets utilizing our products
    (14 million won)
January, February, September
Eco-friendly Social Contribution Activities Love for Nature Blue Heart Art Festival
  • Nationwide kindergarteners and elementary students
  • Environmental Art Festival co-hosted by Huvis, Samyang Corporation, Samyang Kasei, and Sudang Foundation
  • Held annually since 1996 at the Huvis Jeonju plant
  • Events to educate children about environmental protection, including eco-friendly drawing competitions and experiential activities
April

D. Governance

D01. Board of Directors

D01_01. Composition of the Board of Directors

Category Kim Sukhyun Yoon Seokhwan Kim Hanjo
Position Inside Director, Representative Director Non-executive director Non-executive director
Length of Service 2024.03.26. ~ present 2024.03.26. ~ present 2023.03.29. ~ present
Term of office 3years 3years 3years
Expertise Corporate management Corporate management Corporate management, ESG
Career
  • BA in Economics, Chonnam National University / MBA, Korea University
  • CEO, Huvis (present)
  • Head of Human Resources Development(VP) / Strategy Team Leader, Marketing Planning Team Leader at Huvis
  • BA in International Economics Seoul
    National University / University of Virginia Darden school MBA
  • Future Strategy Director, Samyang Holdings (present)
  • Future Strategy Director and Global Growth PU Head, Samyang Holdings
  • CFO, Samyang Packaging
  • Management Support Director, Iljin Electric
  • Planning and Coordination Director, Woongjin Group
  • BA in Business Management, Seoul National University / Completed Graduate School of Public Administration at Seoul National University
  • Corporate Culture Director, SK Discovery (present)
  • Corporate Culture Director, SK Gas (present)
  • Management Support Director and ESG Officer, SK Discovery
  • ESG Executive Officer, SK Gas
Category Kang Youngchul Kim Taehong Oak Dongsuk
Position Outside Director, Chairman of the Board Outside Director, Chairman of The Audit Committee Outside Director, Chairman of the Outside Director Nomination Committee,Chairman of Committee on Nomination of Outside Directors,
Length of Service 2020.03.23. ~ present 2025.03.25. ~ present 2023.03.29. ~ present
Term of office 6years(re-elected) 3years 3years
Expertise Corporate management Finance and Banking Finance, Trade (University Professor)
Career
  • BA in Economics, Seoul National University / Ma/Phd in Business Management, Pittsburgh University (US)
  • Visiting professor, KDI School of Public Policy and Management (present)
  • Outside Director, Daewoong
  • Advisor at Daewoong Pharmaceutical / Director of Regulation and Coordination, Office for Government Policy Coordination / President of Strategic Management at Pulmuone Holdings / CEO, Pulmuone USA, Pulmuone Holdings / CEO, Global Business at Pulmuone / Outside director, Daewoong Co., Ltd
  • BA in Business Administration from Sogang University
  • Hana Card: CFO and Head (Managing Director) of Business Strategy Headquarters, Chief Auditor, Marketing General Manager
  • Korea Exchange Bank: Head of Card Financial Support, Head of Card Operations Center, Head of Card Sales Support
  • BA/Ma/Phd in Economics, Seoul National University
  • Chairman of the Open Society Forum / Honorary Professor of the Department of Trade, Incheon National University / Private Member of the Economic Regulation Innovation Task Force at the Ministry of Economy and Finance / Private Sector Member of the Fiscal Policy Advisory Council, Ministry of Economy and Finance (present)
  • President of the Korean Association of Public Policy / Director of the National Human Resources Development Institute / Director of the Korea Institute of Public Finance / Professor of the Department of Trade, Incheon National University

401_02. Expertise of Outside Directors

Classification Kim Sukhyun Yoon Seokhwan Kim Hanjo Kang Youngchul Kim Taehong Oak Dongsuk
Business Management/Risk Management
Finance/Banking/Accounting
Core Industry and Business
Law/Policy
ESG
Category Responsible Person Appointment Background The Audit Committee Committee on Internal Trade Committee on Nomination of Outside Directors
Inside Directo Kim Sukhyun
(Representative Director)
  • Joined Sunkyung Fiber Co., Ltd. in 1994, possessing a deep understanding of the company and its chemical fiber industry through over 30 years of service
  • Expected to contribute to enhancing corporate competitiveness with extensive insight, experience, and perspective on the company and its core industry
  • Regarded as an ideal leader capable of creating synergy through the unity of internal members
- - -
Non-executive Director Yoon Seokhwan
  • As a management expert familiar with the management status of various companies within the Samyang Group, such as Samyang Holdings and Samyang Packaging, expected to contribute to strategic decision-making of the board with extensive experience and expertise
  • Expected to provide rational advice from a financial perspective and appropriate solutions in various management areas
- - -
Kim Hanjo
  • Extensive experience in overall management within the SK Group, including SK Discovery and SK Gas
  • Expected to contribute to sustainable growth decisions of the company with rich experience in ESG management
  • Possesses high insight not only in finance but also in planning, expected to provide practical directions for business strategy formulation
- - -
Outside Director Kang Youngchul
(Chairman of the Board)
  • Capable of offering professional opinions in the company’s decision-making process with experience and expertise obtained from long-term frontline corporate management
  • Able to independently monitor and supervise major shareholders and other directors, given no notable interest conflicts with the company
Chairman
Kim Taehong
  • Expected to provide direction and advice for managing more competitive operations based on experience in various functions, including finance, audit, and marketing.
  • Fully qualified as an accounting and finance expert under the Commercial Act (experience in financial institutions, etc.)
  • Expected to work to improve corporate transparency from an objective position as an independent entity with no interests in the major shareholders or the company.
Oak Dongsuk
  • Over 30 years of experience as a professor at Incheon University’s Department of Trade, possessing rich knowledge in the field and various experiences with several government-related agencies
  • Expected to significantly contribute to decision-making with high insight in finance, accounting, trade, and economics
  • Able to independently monitor and supervise major shareholders and other directors, given no notable interest conflicts with the company
Chairman Chairman
B02. Comparison with best practices
Category Adoption Status Remarks
Adoption of Corporate Governance Charter
Establishment of Code of Ethics for Employees -
Cumulative Voting System × -
Electronic Voting System -
Written Voting System × -
Solicitation of Proxy Voting -
Separation of CEO and Board Chair Outside director as board chairman
Directors’ Liability Insurance -
Audit Committee Composition Requirements (Ratio of Outside Directors) -
Establishment of Regulations for the Operation of the Board of Directors and Board Committees -
Disclosure of Activities of the Board of Directors and Board Committees -
Explanation of Differences from Best Practices -