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ESG

ESG Data

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ESG Data

100. General Disclosures
200. Environmental
300. Social
400. Governance

100. General Disclosures

101. 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 734 (As of 2023)
Sales KRW 928 bln (As of 202)
102. ESG Evaluation Rating
Integrated Rating A Grade (2023)
KCGS(Korea Corporate Governance Service)
Evaluation Year Integrated Rating Category
Environmental Social Governance
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
103. ISO Implementation Plan

ISO(14001)
Operational Plan (2024)

Month Scope of Work
January Establishment of 2024 environmental goals
February 2023 Environmental Management Review Report
March -
April -
May First Half of 2024 ISO Follow-Up Audit
June Corrective Actions for the First Half Follow-Up Audit
July ISO Internal Auditor Training
August Internal Audit
September -
October Second Half of 2024 ISO Follow-Up Audit
November Corrective Actions for the Second Half Follow-Up Audit
December -

200. Environmental

 

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

201. Energy Management

201_01. Consumption Targets and Performance

Category Energy Usage(*TJ)
2020 2021 2022 2023
Target(①) 7,000 7,100 6,000 5,950
Performance(②) 6,985 7,089 5,891 5,860
Target(*Converted to TOE) 166,802 169,285 140,677 139,937
Difference(②-①) -15 -11 -109 -90
Reduction Rate Compared to the Previous Year - 1% -17% -1%
  • *TJ(Tera Joule)
  • *TOE(Ton Of Oil Equivalent) : Represents the net calorific value of 1 ton of crude oil. 1 TJ = 23.88 TOE

201_02. Energy Intensity

Category 2021 2022 2023
Energy usage(TJ) 7,089 5,891 5,860
Sales(KRW 100 million) 8,849 8,293 7,212
Energy consumption intensity(TJ/KRW 100 million) 0.801 0.710 0.813
  • ※ Revenue source : Huvis Business Report

201_03. Use of Renewable Energy

Category 2021 2022 2023
Renewable Energy
Consumption(MWh)		 0 176.90 623.90
TJ Conversion
(MWh = 0.0036TJ)		 0 0.637 2.246
Annual Total Energy
Consumption(TJ)		 7,089 5,891 5,860
Percentage of Renewable
Energy Use(%)		 0 0.011 0.038
Improvement Rate Compared
to the Previous Year(%)		 - 0.011 0.027
  • *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)
202. Greenhouse Gas Emission

202_01. Emissions Targets and Performance (2023)

Category Greenhouse Gas Emissions(*tCO2 eq)
Head Office Jeonju Plant R&D Center Daegu Ofifce Total
Target 300 405,000 600 10 405,910
Performance 287 392,263 578 9 393,137
  • *tCO2 eq : Ton CO2 equivalent

202_02. Greenhouse Gas Emissions

Category Greenhouse Gas Emissions(tCO2 eq)
2020 2021 2022 2023
Direct greenhouse gas emissions(Scope1*) 306,778 301,924 245,342 262,834
Indirect greenhouse gas emissions(Scope2*) 158,360 163,927 139,435 130,304
Indirect greenhouse gas emissions(Scope3*) - - - -
Total 465,138 465,851 384,776 393,137
Reduction Rate Compared to the Previous Year(%) - 0.2% -17.4% 2.2%
  • * 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)

202_03. Emissions Intensity

Category 2021 2022 2023
Greenhouse Gas Emissions(tCO2eq) 465,851 384,776 393,137
Product Output(tons) 762,473 557,618 603,500
Greenhouse Gas Emissions intensity(tCO2eq/tons) 0.61 0.69 0.65
203. Waste Management

203_01. Generation Targets and Performance

Category 2020 2021 2022 2023 2028
Target Performance Target Performance Target Performance Target Performance Target
Product Output(tons) 811,560 745,147 783,279 762,473 803,296 557,618 544,318 603,500 603,500
Waste Generation(tons) 27,497 27,887 30,148 29,877 31,477 25,765 23,147 29,609 23,189
Waste Generation Rate Relative to Production 3.4% 3.7% 3.8% 3.9% 3.9% 4.6% 4.6% 4.9% 4.4%
Reduction Rate Compared to the Previous Year - 5% 18% 6% -10%
  • ※ Target for 2028 : Set a goal to reduce generation by 10% compared to 2023 by decreasing it by 2% annually
  • ※ Reduction Measures : Reduction and reuse of raw and auxiliary materials loss, reduction in the use of disposable products

203_02. Treatment Performance by Type

Category 2022 2023
Incineration Landfill Others* Recycling Total Incineration Landfill Others* Recycling Total
Hazardous Waste(tons) 2,531 1 48 511 3,091 2,310 - 46 537 2,892
General Business Waste (tons) 646 1,481 33 20,225 22,385 433 2,396 52 23,604 26,484
Construction Waste(tons) - - 289 - 289 - - 232 - 232
Total(tons) 3,177 1,482 370 20,736 25,765 2,742 2,396 330 24,140 29,609
Recycle Rate 80% 82%
  • *Others : Intermediate disposal methods such as neutralization, shredding, etc.

203_03. Recycled Materials Usage Performance (2023)

Category SF Products FY Products Total
Amount of Recycled Materials Used(tons) 531 - 531
Production Volume Using Recycled Materials(tons) 301 375 676
204. Recycling

204_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

204_02. Recycling Performance

Category 2020 2021 2022 2023
Waste(Plastic Waste) Recycling Performance(tons) 7,810 8,302 6,519 6,912
205. Water Resources Management

205_01. Water Usage Plan and Performance by Facility (2023)

Business Site Industrial Water(tons) Reuse Amount(tons) Total Usage(tons)
Plant 1 Target 2,036,548 722,811 2,759,359
Performance 1,932,910 797,960 2,730,870
Plant 2 Target 910,262 212,875 1,123,137
Performance 716,230 161,230 877,460
Total Target 2,946,810 935,756 3,882,566
Performance 2,649,140 959,190 3,608,330

205_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
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%
2020 2,686,250 137,120 51,980 827,630 3,702,980 22% -
206. Pollutants Management

206_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

206_02. Air Pollutant Emissions

Category 2021 2022 2023 2028
Target
(kg)		 Performance
(kg)		 Target
(kg)		 Performance
(kg)		 Target
(kg)		 Performance
(kg)		 Target
(kg)
NOx 216,924 147,493 184,236 101,814 159,786 93,978 89,279
SOx 248,591 195,502 188,689 140,966 134,803 145,423 138,152
Dust(mg/m3) 7,708 7,708 5,489 5,366 4,324 4,993 4,743
Total 473,223 350,703 378,414 248,146 298,913 244,394 232,174
Result Compliance Compliance Compliance
  • ※ Target for 2028 : Set a goal to reduce generation by 10% compared to 2023 by decreasing it by 2% annually
  • ※ Reduction Measures : Investment in new air pollution control facilities and optimization of existing facilities

206_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%

206_04. Total amount of water pollutant discharge

Category 2022 Performance(tons) 2023 Performance(tons) 2028 Target(tons)
BOD 5.16 5.25 4.99
TOC 16.40 8.75 8.31
SS 9.37 11.05 10.50
T-N 1.54 2.02 1.92
T-P 17.95 12.34 11.72
Total 69.68 52.39 49.77
  • ※ Target for 2028 : Set a goal to reduce generation by 5% compared to 2023 by decreasing it by 1% annually
  • ※ Reduction Measures : Reduction of pollutants from wastewater discharge facilities and increased efficiency of wastewater treatment plants
207. Chemical management

207_01. Chemical Emissions

Category 2021 Performance(kg) 2022 Performance(kg) 2023 Performance(kg) 2028 Target(kg)
Dichloromethane 42,216.6 22,447.8 15,486 14,713
Sodium Hydroxide - - - -
Aluminum and its Compounds - - - -
Hydrogen Chloride 83.2 94.9 92.7 88.1
m-Phenylenediamine 4.2 5.9 20 19
Antimony and its Compounds 0.5 0.4 0.3 0.3
Total 42,304.5 22,549.0 15,599.0 14,820.4
  • ※ Target for 2028 : Set a goal to reduce generation by 5% compared to 2023 by decreasing it by 1% annually
  • ※ Reduction Measures : Optimization of the mA process and reduction of Dichloromethane emissions through reuse

207_02. Hazardous Chemical Usage

Product Name Content(%) Substance Name 2021 Performance (tons) 2022 Performance (tons) 2023 Performance (tons) 2028 Target (tons)
DMAc 100 N, N-Dimethylacetamide 320 340 240 306
Hydrogen Chloride 35 Hydrogen Chloride; Hydrochloric Acid 823 493 244 444
Sodium Hydroxide 50 Sodium Hydroxide; Caustic Soda; Lye 576 420 288 378
Sodium Hydroxide 50 Sodium Hydroxide; Caustic Soda; Lye 105 114 124 103
m-Phenylenediamine 100 m-Phenylenediamine 366 368 347 331
Dichloromethane 100 Dichloromethane 60 49 32 44
Total 2,250 1,784 1,275 1,606
  • ※ Target for 2028 : Set a goal to reduce generation by 5% compared to 2023 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
208. Environmental Regulations
Category 2021 2022 2023
Status of Legal Violations 2 cases (fines) None None
Measures for Recurrence Prevention Strengthened facility inspections and investment in upgrading old equipment
Pre-investment review of environmental regulations		 - -
209. Eco-friendly Biz/Products

209_01. Status of Eco-friendly Purchases

Category 2021 2022 2023
Purchase Volume
(tons)		 Purchase Amount
(billion KRW)		 Purchase Volume
(tons)		 Purchase Amount
(billion KRW)		 Purchase Volume
(tons)		 Purchase Amount
(billion KRW)
Eco-friendly Purchases 2,047 35 1,504 31 807 19
Total Purchases 642,143 5,105 462,651 4,460 403,663 4,479
Eco-friendly Proportion 0.32% 0.69% 0.33% 0.70% 0.20% 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)

209_02. Status of Eco-friendly Product Sales

Classification 2021 2022 2023
Sales Volume (tons) Sales Amount (billion KRW) Sales Volume (tons) Sales Amount (billion KRW) Sales Volume (tons)) Sales Amount (billion KRW)
Eco-friendly Sales 22,788 494 19,204 513 22,494 574
Total Sales 458,704 8,904 348,940 8,293 337,754 7,139
Eco-friendly Proportion 5.0% 5.5% 5.5% 6.2% 6.7% 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.)

209_03. Eco-friendly Certifications

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

300. Social

301. Human Resource

301_01. Workforce Status

Category Gender 2022 2023
Total Workforce Male 711 643
Female 102 90
Total 813 733
Executives Male 11 10
Female 0 0
Total 11 10
General Management Directors/Deputy Directors Male 97 88
Managers/Deputy Managers Male 121 94
Subtotal 218 182
Directors/Deputy Directors Female 5 6
Managers/Deputy Managers Female 12 11
Subtotal 17 17
Total 235 199
Production Staff Male 434 404
Female 43 39
Total 477 443
Office/Research & Technical Staff Male 4 5
Female 36 30
Total 40 35
Contract Employees Male 44 42
Female 6 4
Total 50 46
  • ※ Excluding CEO, as of December 31

301_02. Diversity in Workforce Composition

Category 2022 2023
Employment Status of Individuals with Disabilities General Management 2 2
Office Staff - 2
Production Staff 12 9
Subtotal 14 13
Employment Status of Foreign Nationals 0 0
Total 14 13

301_03. Ratio and Long-term Goals for Women/Disabled Employees

Category 2023 Ratio 2030 Target
Ratio of Female Managers 2.3% 3.0%
Ratio of Female Employees 12.1% 15.0%
Ratio of Employees with Disabilities 1.9% 3.0%
  • ※ Manager Criteria : Individuals in general management positions

301_04. Voluntary turnover rate

Category 2022 2023
Number of voluntary turnover 65 65
Voluntary Turnover Rate(as a percentage of year-end staff) 8.0% 8.9%
  • ※ Voluntary turnover persons : Individuals who left the organization based on personal decision, irrespective of organizational intent
302. Human Resource Development

302_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

302_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.

302_03.Training Performance Status (2023)

Category Programs Content
Conduct Schedule Time No. of persons Location
Position/Level Team Leader Programs ● 7/25 7hr 34 COEX(Seoul)
Section Leader Programs ● 7/13 6hr 22 Jeonju Lecture Hall
Promotion Programs ● 3/8 5hr 25 Daejeon Lecture Hall
New Employee Introduction Program ● Early January 6days 7 Yongin Training Center
New Employee Training ● 6/28 4hr 14 Jeonju Lecture Hall
Experienced Employee Training ● 6/27 6hr 7 Jeonju Plant
Level-specific Training (Assistant Managers)/td> ● 9/14~15 12hr 22 Daejeon Training Center
Level-specific Training (Managers) ●

11/9, 11/15,

11/22 		6hr/each 23, 22, 24 Seoul Lecture Hall
Level-specific Training (Deputy Directors)
Job

MPRS-specific Job Competency Enhancement

(Marketing negotiating skills, English PT) 		● 5/26, 6/8 8hr/each Materials Business Division(18), Fiber Business Division (25) Seoul Lecture Hall
Outreach IDP (Excel) ●

10/11, 10/17,

10/19, 10/24 		4hr/each R&D center(15),
Jeonju(27),
Marketing(17),
Staff(16) 		Meeting rooms of each workplaces
Mandatory

Legal Mandatory Training

(Sexual harassment prevention, Disability awareness, Safety training) 		● 6/12~23 3hr 285 Online

Essential Training

(Prevention of workplace bullying, Fair society and human rights, Information security, AEO training)		 ● 11/2~11/16 4hr 271 Online
303. Safety and Health Management

303_01. Industrial Accident Rate and Number of Industrial Accidents

Category Classification 2021 2022 2023
Huvis Number of injuries(persons) 1 5 4
Industrial accident rate(%) 0.13 0.69 0.65
Lost Time Injury Frequency Rate(LTIFR) 0.45 2.36 2.23
Partner Companies Number of injuries(persons) 1 4 3
Industrial accident rate(%) 0.10 0.40 0.33
Lost Time Injury Frequency Rate(LTIFR) 0.34 1.37 1.15
  • ※ From 2019, businesses with over 500 employees are subject to integrated management of industrial accidents for primary contractors and subcontractors.

303_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)

303_03. Management of Safety and Health Risk Factors

303_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 80 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 2024 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
303_03_02. Transition to Field-centered Safety Management System L/H/C
Item Goal Implementation Method Performance Indicators
Strengthening Risk Assessment Execution 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
Risk Assessments Detailed Implementation (Q2 to Q4)
Rotational Checks for Teams and Partner Companies: Safety team + Supervisors + Partner companies Training to enhance the execution of risk assessments 		Implementation rate of improvement plans: 90% or higher
100% participation in risk assessments
303_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: 90% or higher
303_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
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.
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
303_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
303_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
303_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
Second Tuesday: Gates of Plant 1 and 2
Fourth Tuesday: Various Sites 		Twice per month
303_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
303_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 15 Issues Noted / Maintain an 'S' Grade in Process Safety Management (PSM)
Internal 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
Follow-up Audit: 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 09:30 AM 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 5 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 5 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 2 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
303_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
303_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)
303_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

303_04. Proportion of Feedback from Partner Company Workers Processed through Feedback Channels

Year Issue Improvement Completed Improvement Under Review Feedback Processing Rate Performance Indicators
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
2021 14 13 1 92.9% 1. Create a Huvis safety regulations manual and share it with internal and partner company employees
2. Establish a safety training center and conduct safety training for new workers of partner companies
304. Human Rights Management

304_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, 2023 50 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

304_02. Status of Human Rights Issue Reports Handling (2023)

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

305_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
306. Community

306_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
307. Corporate Social Responsibility

307_01. Corporate Social Responsibility Activities

Category Support Activities Beneficiaries Support Details Implementation Periods
Scholarship Support Book/Material Support
  • Eight elementary schools in the North Jeolla region
  • Support for books/materials and environmental improvements
    (48 million won)
 May
Scholarship Funding
  • Underprivileged/model/probation targets in Jeonju City
  • Hanmaum Scholarship Foundation donations
    (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 replacing 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
  • 20 low-income families in the North Jeolla region
  • Corporate volunteer group (Suseomyeonghwa Social Welfare Center)
  • Company product-based bedding sets
    (6 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
 September

400. Governance

401. Board of Directors

401_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
  • Head of IC at Samyang Holdings and Head of Global Growth PU / Non-Executive Director at Samyang Packaging / Non-Executive Director at KCI / Non-Executive Director at Samyang Data Systems (present)
  • CFO of Samyang Packaging / Planning and Coordination Office Director at Woongjin Group
  • BA in Business Management, Seoul National University / Completed Graduate School of Public Administration at Seoul National University
  • Chief Director of Office of Management Support and ESG, SK Discovery (present)
  • ESG Director, SK GAS
Category Kang Youngchul Kang Changhoon Oak Dongsuk
Position Outside Director, Chairman of the Board Outside Director, Chairman of The Audit Committee Outside Director, Chairman of Committee on Nomination of Outside Directors
Length of Service 2020.03.23. ~ present 2021.03.30. ~ present 2023.03.29. ~ present
Term of office 6years(re-elected) 6years(re-elected) 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)
  • Outside director, Daewoong Co., Ltd / Visiting professor, KDI School of Public Policy and Management (present)
  • 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
  • BA in Economics, Seoul National University / MA in administrative graduate school, Seoul National University
  • CEO, Hwaneun Mortgage / Guest Lecturer at the Financial Training Institute / Head (Executive Director), Capital Market Group, KEB Hana Bank / Chief of Fund Headquarters, Korea Exchange Bank
  • 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 Kang Changhoon Oak Dongsuk
Business Management/Risk Management ● ● ● ● ●
Finance/Banking/Accounting ● ● ● ● ●
Core Industry and Business ● ● ●
Law/Policy ● ●
ESG ●

401_03. Background of Board Appointment

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 ●
Kang Changhoon
  • A finance expert with over 30 years of experience in financial institutions
  • Capable of offering professional opinions in the company’s decision-making process with practical experience and expertise in finance, accounting, and banking
  • Able to independently monitor and supervise major shareholders and other directors, given no notable interest conflicts with the company
 Chairman ● ●
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
402. Corporate Governance Evaluation

402_01. Differences from the Corporate Governance Best Practices

Category Adoption Status Remarks
Adoption of Corporate Governance Charter ○
Download
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 ○
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 ○ -