2014 지속가능성보고서 - specialized company of display industry | hyundai … · ·...

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2014 지속가능성보고서

HYUNDAI IBT CO., LTD.

2

0 1 4 Sustainability Report

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2014 Sustainability Report


Report Information

Outline of Report

CEO Greetings

Outline of Company

Introduction of Business

Corporate Philosophy and Business Policy

Vision of Corporate and Strategy

Efforts for Lasting Future

Economic Performance

Major Achievements of Business

Achievements of Product responsibility

Business of Innovation

Social Performance

Efforts for Social Contribution

Environmental Performance

Efforts for Environmental Management

Environmental Policy

Operation of Environmental Management Administration

Environmental Goal Set-up Assessment

Appendix

Status of Intellectual Property Rights

Status of Being Awarded

Outside Organization Registration Status

GRI Guideline Index

The 3rd Party verification opinion

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Outline of Report

Meaning of Report

Hyundai IBT, as a member of society, have published 2014 Annual Report to make public

its business activities and social activities to many of stakeholders transparently, such as

customers, stock-holders, investigators, cooperative companies, staff members, and local

communities, and to provide vision and strategies of the company. Report written in

Korean has been published, as well as report written in English.

Standard of Report

The report has been published according to the guideline G3.1 of GRI (Global Reporting

Initiative).

Range of Report

The report has been published with contents including the headquarter of Hyundai IBT,

its factory located in Kimcheon City, Kyungbuk Prov, and overseas corporations.

Duration of Report

The duration of report is from January 1, 2014 to December 31, 2014.

Cycle of Report

The report has a plan to report periodically once per three years, triennially, for the

activities and the results about the sustainability. And this report is the second

publication of Hyundai IBT CO., LTD.

Additional Information of Report

If you have any questions or need additional information about the report, contact us

through below.

Homepage www.hyundaiibt.com

E-mail [email protected]

TEL 070-7008-0107

FAX 070-7008-0133

Division in charge Planning Team of Hyundai IBT CO., LTD.

http://endic.naver.com/enkrEntry.nhn?entryId=61c77302c58249ecbbcfd2a2f53570b3&query=3%EB%85%84%EB%A7%88%EB%8B%A4

http://www.hyundaiibt.com/

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Greetings

Hello?

Hyundai IBT has made an effort to improve its

profitability for last year, although it had entered

into the fierce competition of display markets. It is

about to be changed because it made a judgment

that it would be hard to assure permanency of

business with current business structure.

It is on the way to make strong restructuring for

current labor force and cost, and through such an

effort, it will be constructing the optimum

business structure which could be rationalized and

assure the profitability of previous display

business.

All members of executives and staffs in Hyundai

IBT will make an effort to improve continuously

the previous business structure and to change

itself into a corporation which is profitable due to

structural improvement of previous business and

foster new business, and a corporation which has

bright future.

In our new year, we are requesting your supports,

and we are looking forward you to have luck and

always to be healthy.

Hyundai IBT CO., LTD.

President Sang-Ki Oh

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Outline of Company

With skills and know-how that had been

accumulated for 20 years or more of

history of its business, our company, as

an expert in display technology, is

growing up continuously with

constructing of global sales network by

many of customers in both domestic and

abroad as many as 300 or overseas

corporation such as Europe, U.S, Japan,

and so on.

Hyundai IBT is promoting the display

business which is more profitable and

has high level of growth by being based

of monitor business which has steady

market share in global market.

As the first time in the world, it commercialized TVs which could realize the real-time 3D

broadcasting program in field of 3D display, as future part of digital display, and currently

it is broadening its market share with its competitive products by retaining the Outdoor

Digital Signage State-of-the-art Technology which has high technological barrier in the

field of Digital Signage.

Hyundai IBT will lead aggressively the display market with research and development by

promoting the next generation display business.

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Directors and Auditors

Three directors, Director Sang-ki Oh, Director Hyun-beum Chung, and Director Myung-geun Lee,

structurally organize Hyundai IBT. Election of directors are abide by appropriate procedures of

commercial laws, and for independent perspective in the board of directors, it is mandatory to elect 1

of 3 directors as an outside director. For prevention of possible collision that may arise between the

director and the company, according to prohibition of competitive transaction, all the directors are

prohibited to perform business in any kind identical to the company without approval by the board of

directors.

(Reference: Dec. 2014)

Classification Name Position Responsibility (Job) Trade Relationship

with the company

Full-time Sang-Ki Oh President CEO, a chairman of board of directors N.A

Full-time Hyun-beum Chung Director New business Director N.A

Part-time Myung-geun Lee Director Outside Director N.A

Part-time Chul-hwan Seung Auditor Audit N.A

2014 Major Performances by the Board of Directors

Through professional directors fully geared with experience and capacity, the board of directors at

Hyundai IBT make careful decisions of major management agendas. There were total of 10-board

meeting held for year 2014, items such as financial statements were introduced and handled. Details

are as follows.

No. Date Contents Approval Status

1

Mar. 13, 2014 1. The 14th balance sheet, statement of proof and loss, and

statement of disposition of deficit (in)

2. The 14th Business Report (in)

3. The 14th Annual general meeting of stockholders date, location,

consideration (in), approbation

Approved

2 Apr. 30, 2014 1. For BT biz, investment of Japan joint corp. (1st) Approved

3 May 12, 2014 1. Loan of operating fund (extension of debt maturity of KDB) Approved

4 May 29, 2014 1. For BT biz, investment of Japan joint corp. (2nd) Approved

5 Jul. 07, 2014 1. For BT biz, investment of Japan joint corp. (3rd) Approved

6 Sept. 19, 2014 1. Exemption from obligation for Hyundai IT Japan Co., Ltd. Approved

7 Sept. 26, 2014 1. Debt assurance extension case for Hyundai IT America Co., Ltd. Approved

8 Nov. 19, 2014 1. Investment of other company Approved

9 Nov. 21, 2014 1. debt-for-equity swap for Hyundai IT Japan Co., Ltd. Approved

10 Dec. 19, 2014 1. Capital increase by allotment to the third party Approved

http://endic.naver.com/enkrEntry.nhn?entryId=ccbc819c7dd34b46ab408f0e0fe32f58&query=extension+of+debt+maturity

http://endic.naver.com/enkrEntry.nhn?entryId=2b10961a7d944664960b8a90c00ccbf3&query=allotment+to+the+third+party

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Stockholders (Dec. 31, 2014)

Unit: Share, %

Name of Stockholders Numbers Owned Rate Owned Trade relationship with the

company

C & Pharm 5,123,542 16.91 Main share holder

J One Asset 427,350 1.41

Yoon-ho Hwang 270,000 0.89

Seung-kwon Kim 266,671 0.88

Jae-yeun Chung 252,590 0.83

Seun-woo Kim 248,241 0.82

Others 23,709,359 78.25

Total 30,297,753 100.00

Contribution of company, subsidiaries or other company by the subsidiaries

Unit: Share, %

Name of company

Company

investigating or

contributing

Contributed to another

companies

Other companies contributing

to our company

Number of stocks

owned %

Number of stocks

owned %

Hyundai IT America Co., Ltd. Company S.C 100.00 - -

Hyundai IT Europe GmbH Company S.C 100.00 - -

Hyundai Electronics (Tianjin) Multimedia Co., Ltd. Company S.C 100.00 - -

Vitabrid Japan Inc. Company 588 49.00

Hyundai IT Japan Co., Ltd. Company 950 19.00 - -

Nature&Nature Company 2,450 19.68

M3DShine Company 5,000 50.00 - -

Note 1) Liquidation process between ‘Hyundai Electronics (Tianjin) Multimedia Co., Ltd.’ is now on going at the setting day.

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History

2000~2001 Established corporate body of Hyundai Image Quest Co. Ltd

Be Grant of business from Hyundai Electronics (Prev)

Established local corporate body in U.S, and Germany

2002~2004 Awarded ‘Biz award of electronics’ by Electronics Industry Promotion Association

Be listed stocks of KOSDAQ market

Awarded of 300 million trade top at the 41st Trade Day

2005~2007 Changed its name to Hyundai IT Corp.

Established manufacturing factory in Germany

Advanced into display markets of industry field

2008~2009 Commercialized the real-time 3D TV as the first time in the global market

Established producing facilities of Digital Signage for outdoor

Entered into the business field of escalators

2010 Be chosen as participating company in national project of super resolution 3D

image treatment technology.

Contract about its Digital Signage to Citroen, French motor company

Launched LED monitors, Super narrow bezel 3D multi-vision, Domestic type of

3D TV in 46 types

2011 Be chosen as bright small or medium sized business in Kyung-ki Prov.

Made contracts for providing its monitors to U.S gov. as much as 8 billion KRW

2012 Changed its name to Hyundai IBT Co., Ltd.

Move head office from Icheon, Kyung-ki Prov. to Kimcheon, Kyungsangbuk-do

2013~2014 Launching of new hair restorer

Launching of new bio product (Vitabrid C Face, Encaffo, Atosis, Man)

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Corporation Bodies in Overseas

Head office (Factory) 106, Apogongdan-gil, Gimcheon-si, Gyeongsangbuk-do, Korea

TEL +82 70 7008 0107 FAX +82 70 7008 0133

Europe Branch Kreuzberger Ring 7a, D-65205 Wiesbaden, Germany

TEL +49(0) 611 20506 0 FAX +49(0) 611 20506 210

America Branch 2051 Junction Avenue, Suite 112, San Jose CA 95131, USA

TEL +1 408 954 8920 FAX +1 408 954 8924

Japan Branch Sunbridge Okawmachi Bldg 4F, 2-2 Okawamachi Kanda

Chiyoda-Ku, Tokyo, Japan 101-0052

TEL +81 3 5259 7645 FAX +81 3 5259 7559

China Office 1-1 lou 1201 haomeizhang xinsuiyuan, he si qu, Tianjin, China

TEL +86 22 8838 1014(806) FAX +86 22 8838 1014(807)

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Introduction of Business

Business of Digital Signage

Retained the unrivaled patent technology of Outdoor

Digital Signage.

Constructed the Full Line Up from 20 to 82 inches.

Business of LCD Monitors

Make trades focused on supply & construction for

U.S government more than 20 billion KRW yearly.

Possess know-how accumulated for 20 years

and have customers more than 300.

Possess the intellectual property rights such as patents

from domestic and overseas, 135 cases of utility models.

Business of Brand Licensing

By using Hyundai’s brand name value accumulated for

its long periods internationally, it promotes brand

business for computers, and monitors (including

peripherals) in global market.

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Organization

As of December 31, 2014, Hyundai IBT is organized by 3 corporation bodies, 7 teams, 3

overseas subsidiaries and 1 office.

BT Biz IT Biz Management &

Administration

CEO

General Affairs

Finance Team

Sales Team

COO

R&D Team

Marketing Team

Production Team

Sales Team

Overseas Sales

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Executive and Staff Members

Hyundai IBT is a global corporation with headquarters and factory in Korea, 3

international branches in Europe, America and Japan as well as 1 international office in

China.

Each international branch have ratio of local members respectively. The corporation

contributes to the global business by giving priority to locals in the area when hiring.

(Dec. 31, 2014)

Classification Total

Executive

Members

Staff

Members

Local

Members

Ratio of

Local

Members

Total Members Men 36 8 18 10 23%

Women 8 8 0 14%

Total 44 8 26 10 22%

Headquarter Men 24 8 16

Women 8 - 8

Total 32 8 24

Overseas

Branch

Europe 6 1 5 88%

America 3 1 2 67%

Overseas

Office

China 3 - - 3 75%

Note 1) For executive members, number includes registered and non-registered executives.

Note 2) No part-time members are present in the corporation and all executive members are full-time workers.

Note 3) Local employees are the citizens in such country. There is not yet an executive member on-site but

local members are working at variety positions excluding the head of branch.

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Working Environment of Executive and Staff Members

Hyundai IBT has made an effort for changing into new organization as well as

satisfaction and individual development of all employees, and to become the

company where anyone wishes to work.

Our company has made an effort to improve working

conditions and equal inclusion of women, as part of social

responsibility. It operates welfare strategy for women such as

monthly menstruation leave, 90 days leave after childbirth and

rest facilities for women.

As CEO’s strong commitment, our company prohibits the

gender discrimination, education discrimination, discrimination

about regions of origin. Compensation and labors equivalent to

the labor and wage policy for employees are being made fairly

in accordance with relevant laws and regulations and

labor/wage policy.

Benefits Hyundai IBT promotes personnel and welfare policies with

consideration the work-life balance for employees.

In addition to statutory welfare system, our company operates

many types of support fund to assist employees; security and

other congratulations, allowance for holidays, and

comprehensive health screening. Also Regular workshops for

refreshing of employees and creating company culture for

creative atmosphere, anniversaries support, and condos are

available through various welfare benefits.

Hyundai IBT aims for smooth communication between senior

and junior workers and encourage youthful senses and energy

for creative ideas in order to achieve higher goals. For that

purpose, our company introduced communication board

among employer and employee, open board and idea proposal

board and are under performance.

Improvement of

working conditions

for female workers

Prohibition of

Discrimination

Acceptance of an

opinion

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Health Management for Executive and Staff Members

Management of Executive and Staff Members’ Health and Diseases

Hyundai IBT is performing free comprehensive medical examinations for continual

monitoring of executive and staff members’ health levels. All executive and staff

members can voluntarily select type of examinations they want to receive, and through

such benefits, company encourages all members to work in healthy conditions.

Reinforce in Enhancement of Executive and Staff Members’ Health Conditions

For creation and maintenance of pleasant working environment, Hyundai IBT operates

certified health management programs such as management for obesity and creating

non-smoking areas. For prevention of muscle and bone diseases, ‘injurious investigation

for muscle and bone diseases’ is under progress. Members can receive clinical diagnosis

for individual spinal cord conditions for management of every member’s health. In

addition, in order to determine exposure of injuriousness in working environment to

staffs, through ‘working environment estimation’, assumptions and tests are conducted.

After verification, revisions are made to such facilities for creation of more pleasant

working environment.

Reinforce in Safety of Executive and Staff Members

Company prioritizes safety as rank ‘0’, and the company is always reminded how safe

performance of executive and staff members can influence their lives and to their

families. For such careful considerations, company supports accident insurances and

covers medical expenses for their families. Monthly visits from security management

officials are made for training executive and staff members about safety educations for 2

hours. Company is equipped with exercise equipment that members may use and for

recent 2 years, there were no industrial accidents.

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Corporate Philosophy and Business Policy

For changes its organization through innovation and for diligent management executed

on its actual sites, we shall make new values and do our best for the management

through our responsibilities.

Realizing innovation management

Enhancement operational efficiency to achieve goals

Compaction of organizational process

Establishment a proactive stance on environmental changes

Practicing on-site management

On-site management with diligence

Identify and concentrate on running in the field

Prediction of on-site analysis from the customer ’s perspective

Establishing a responsible management

Establishment of awareness for responsible management of staff members.

Establishment of responsibility according to the given results.

Strengthen the responsibilities focusing on organizational unit.

Realizing

innovation

managemen

t

Practicing

on-site

management

Establishing a

responsible

management

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Vision of Corporate and Strategy

Growing up as comprehensive digital IT company by broadening itself into the field of

next generation display.

Hyundai IBT is now growing as comprehensive IT company from professional display

company by broadening its business field into the field of next generation such as 3D

display of new generation, Digital Signage.

Monitor

Multi

functioned

Display멀티

TV

3D

Touch

For

TV &

Monitor Converg

ence

Digital

Signage

Business focusing on

Monitors and TV

Business of Industrial

Display

Promoting the Convergence

IT Business

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Efforts for Lasting Future

Hyundai IBT has confirmed the demands of stakeholders through various channels such

as on/off lines, and has struggled to reflect it on management activities.

Classification Method 2014

Customers One to one correspondence to

customers To Process the management for customers

by visiting the customers

Executive and Staff Members

Messages from CEO Conversation with Staff members

To notify information on electric boards To use premises office ware

Stockholder Investigators

IR Activities Electronic disclosure system

PR Activities

A numbers of electronic disclosure A numbers of data broadcasted

Social Contribution Support for activities in rural Donation of balance unpaid

Participating of all staff members Donation of balance unpaid from salaries

The main stakeholders of Hyundai IBT are customers, members of executives and staffs,

stockholders, investigators and further our country and people. After establishment of

Hyundai IBT in 2000, all members of staffs continuously have been participating to the

social activities and donation events such as supporting for volunteer activities in rural

and donating of balance unpaid. Also all members will be making an effort for welfares

and benefits of all of people in the country by achievement of its goals through long-

term period management goals lasting, not be satisfied with short-term achievements.

Direct Distribution of Economical Values

Despite tough business environment, Hyundai IBT is distribution economical values that

were created through business for realization of their economical values to executive and

staff members, government, collaborated companies, regional community and other

major interested parties.

(Connection criteria, Unit: 1 Million won)

Classification 2014 Note

Executive/Staff Members Payroll Cost 2,704 Salary, Retirement Benefits,

Employee Welfare Costs

Government Tax & Dues 78 Tax, etc

Collaborated companies Procurement expenses 16,828 Procurement expenses for business

Creditor Interest 318

19,928

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Major Achievement of Business

Hyundai IBT has made an effort to improve its profitability, although it has been in the

competition in display markets, last year. We executed restructure strongly, through the

effort, finally we could establish the optimum business structure that assure profitability

and rationalization of previous display business.

Record of products sales (Unit: Million KRW, %)

Classification 2012 2013 2014 Remarks

LCD Monitors 18,555 11,424 9,853

Digital Signage 14,683 10,778 8,566

Others 3,841 3,336 10,494

Total 37,079 25,538 28,913

Financial Statement Summarized (Unit: Million KRW)

Classification 2012 2013 2014 Remarks

Sales Account 37,079 25,538 28,913

Operating Profits -5,193 -8,349 647

Net Incomes -7,958 -10,352 -3,109

Total Assets 32,061 30,843 32,807

Total Liabilities 13,164 9,039 10,322

Total Capital 18,896 21,804 22,485

Summarized financial statements are written with application of K-IFRS according to the

introduction of K-IFRS.

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Achievements of Product responsibilty

Health and Safety of Clients

In order for clients to use safe products,

Hyundai IBT considered using environment,

possibility of electrical shock, conflagration,

and any other accidents. Such considerations

are applied for evaluations of any

impediment factors for product’s safety and

its performance.

Compared to the fact that past products’

quality was only limited to its performance

(performance: tensile strength, rigidity,

reliability and functions, etc.), recent

development was made by products

satisfying clients’ taste (color, design).

For upcoming products, the company is putting effort towards production of high quality

products that satisfy both environment and safety.

[ISO9001/14001 Quality/Environment Management System Certification Status]

Certified Date Oct 2010 Jun. 2011 Aug. 2012 Jul. 2013 Jul. 2014

Certified

Institution TUV Rheinland TUV Rheinland BSI BSI BSI

Marketing Communication

Hyundai IBT is putting effort to obey principles for communication during corporate and

product marketing using ethical standards as its basis. In result, since the company’s

establishment date, not a single act of violations against marketing related laws occurred.

Quality = Performance+Taste+

Environment+Safety

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Client’s Privacy Protection

With strong belief that protection of client’s privacy protection as the very first step

towards management based on client’s reliability, Hyundai IBT had sat forth various

privacy protection activities for clients. The company obeys laws and legislations related

to protection of privacy, such as ‘Information Communication Network Promotion and

Information Protection related Legislation’.

Client VOC Management

For domestic cases, Hyundai IBT is performing client satisfactory survey through

investigation institutions as product users and A/S clients as subjects. Investigated results

are shared internally and establishment of sectional revision goals are made for

management. For international cases, prompt management is taking place through

performing surveys by visit for customers semiannually.

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Business of Innovation

Hyundai IBT has made an effort for its innovation with many aspects, since its

establishment as of 2000.

Institutionalization of Innovation

Hyundai IBT is manufacturing its products with international standards and certifications

such as various ISO, CE.

1. Obtaining ISO 14001 Certifications (Environmental Management System)

It obtained ISO 14001 as one of ‘ISO1440’ standard series about environmental management system established by TC 2076 of ISO.

Obtaining ISO 14001 certification in the certain organization(Corporate) based on the enough requirements for standards of ISO14001, with focusing the environmental management as strategy of the corporate, and by selecting its concrete and detailed goal, for the achievement its goals, it means that the company regulates the organization, and procedures. And it means that the company divides many of material resources effectively to manage the organization, finally for improvement environment continuously. Hyundai IBT is operated its own business through the environmental management systems.

There are many series of environmental management standards in the ‘ISO 14000 series’ as international standards such as the environmental management system (ISO14001), environmental audit (ISO 14010 series), environmental labeling (ISO 14020 series), environmental achievement evaluation (ISO 14030 series), all processing evaluation (ISO 14040).

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2. Obtaining ISO 9001 Certification

[GATT: General Agreement on Tariffs and

Trade] had launched ISO 9000 series to

knock down the technology barriers

between countries9000, and the series is the

system to certify the ability of qualification

assurance by the third parties(Certificating

institutes) assessment of suppliers.

ISO 9001 means international standard

about qualification management system

which ISO limited, and it is the system to

certify that products provided to customers,

service system to be satisfied the prescribed

requirement and to be maintained. Also it is

most comprehensive certification system

which could assess the abilities about system

construction for qualification system among

series of ISO 9000.

Hyundai IBT is operated through such a system of ISO 9001 qualification system.

ISO 9001: Qualification assurance system lasting from designing the products through

manufacturing and install and finally to services

ISO 9002: Qualification assurance system but qualification system of designing and

development not included

ISO 9003: Qualification assurance system for the final test and check.

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3. Standard Certifications

KC Certificate mark of Korea

(EMC + Safety)

Energy Saving Mark of Korea

cTUVus

(Safety Certificate of USA)

FCC

(EMC Certificate of USA)

CE

(EMC Certificate of Europe)

TUV

(Safety Certificate of

Germany)

VCCI

(EMC Certificate mark of

Japan)

Circle PSE

(EMC + Safety Certificate of

Japan)

WEEE Mark

Energy star

Echo mark in Korea

UL

(Safety Certificate of USA)

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4. Certifications for Products standards (America)

FCC (USA)

UL (USA)

NRTL(USA)

5. Certifications for Products standards (Europe)

CE (EU)

CE (EU)

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6. Certifications for Products standards (Korea)

KC

(Korea)

KC

(Korea)

Test for suitability

(Korea)

Test for suitability

(Korea)

7. Certifications for Products standards (South-East Asia)

Japan S

(Japan)

GOST

(Russia)

CCC

(China)

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8. Certifications for Environment

Echo Mark

(Korea)

Recycling

(Korea)

Declaration of RoHS

9. Certifications about Energy

Energy star

Power Reduction

Program for Standby

power (Korea)

Energy Saving

(Korea)

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Efforts for Social Contribution

Hyundai IBT has made an effort to become the company, which makes contribution for

country and people by its staff members, through social contribution as one of

responsibilities of the company.

Donation of balance unpaid from salaries

Duration: From 2000 as the year of establishment to current day.

Target: All of Executive and Staff members

Accumulated amount: 7,102,770 Won (KRW)

-. Supported for Staff Chang-sik Um for his cancer on May, 2011

-. Supported for retirement consolation benefit on Dec. 2013

Donation for University

-. Designated donation for Chung-ang University on Sept. 2012

-. Designated donation for Korea University on May 2013

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Efforts for Environmental Management

Hyundai IBT recognizes the importance of the environment in everyday life and practices

environmental behaviors naturally.

Hyundai IBT recommends using reusable paper, recycled goods, e-mailing bill replaced

from paper bill, e-payment replaced from written approval, so all staff members can

practice environmental management in everyday life.

Hyundai IBT Group ware

Exercise for proper conduct career

페이지 29 / 43




Hyundai IBT, as state-of-the-art display manufacture, has set and executed the policies

below to grow in harmony with the environment.

1. Based on the national legislation and international environmental agreements, there

are strict internal standards and procedures to comply with.

2. It considers the environmental impacts that occur through the entire process such as

raw material purchasing, production, sales and disposal and manage and improve

them continuously.

3. Continuous improvement of environmental management systems and environmentally

friendly production techniques through the development of pollution prevention and

resource conservation is actively promoted.

4. Training program needed to their jobs environmentally is provided to all members of

employee, and requirement of environmental management system is notified to

cooperative companies.

To achieve this environmental policy, environmental objectives of the effective action plan

and subsequent implementation are set and executed periodically, and its performance

would be measured and be open to public.

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Operation of Environmental Management

Administration

Hyundai IBTs environmental management system was based on the ISO 14001, and all

activities within the scope of this environmental management system is carried out.

Activity induced by all the major environmental impacts are clearly an effective system for

managing grants and continuous improvement in environmental perform is to pursue.

And environmental management system is maintained to match environmental policy,

environmental objectives.

Declaration

Management Review


Environmental management

plans

Requirements for

environmental aspects


Environmental management

plans

Requirements for

environmental aspects

Surveillance,

Measurement,

Correction, Preventive

measures, Counter

measures, Recording,

Auditing

Action/Improvements

Plan

Plan

Correction/Check

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Method for approaching to environmental regulations

Hyundai IBT carried out verification of hazardous substances in products with

internal/external validation infrastructure to respond to domestic and foreign

environmental regulations actively.

Range of environmental evaluation system

Suppler

Input

Inserted

materials,

list of

materials

Energy

Electric power, Water, Oil,

Raw Mater

ials

Assemble and

Testing and

Wrapping

포장

Ship

ment

(Byproduct)

Waste, Emissions into air or water

Transporting

Customer

Disposal

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Target of environmental impact evaluation by divisions, and fields

Field Target Range Unit

Original materials The environmental impact of

raw materials when it storage, archived, and handled

Original materials, Storage,

handling

By products, locations

Storage/Handling

Transporting The environmental impacts when transported (Material, Vehicle, Fork lift)

Transportation By transporting method, distance

Construct or rebuilt of facilities and factories

New building, process, additions, changes (Planned

activities)

From planning , construction, driving and to disengagement

for new building

By method of manufacturing

Storage of waste The environmental impact of

waste when storage, transporting and handling

Storage area →Transporting-

>Company

By storage stage(location)

Transporting stage Handling stage

Manufacturing The environmental impact when input raw materials, manufacturing, transporting of

waste and equipment

Storage-Manufacturing-Transporting

By using of raw materials-Manufacturing

Utility Common Utility

Electric power, Water, Oil

Using levels of Utility Electric power, Oil, Water

Office, restaurant,

dormitory

Aside impact with

manufacturing

Office, restaurant, dormitory Facilities/Locations

Products Products Development of products,

using, and disposition of products

Manufacturing line

Development New products Development Stage of products

Estimating environment effect of products life

Standards of the company about environment

페이지 33 / 43



Process of management for hazardous materials

Name Purchasing Institute Qualification Manufacturing General Business

Hazardous Substance Management Standards

Classification Materials

Allowable concentrations(PPM) Period of

Application Own standards Based on the law of resource circulation

Materials regulated by

law of resource circulation

Cadmium and its compound 80 100 As same substance

(June, 2008) Lead and its compound 800 1000

Hexavalent Chromium and its

compound

800 1000

Mercury and its compound 800 1000

Polribeuromobipyenil (PBBs) 800 1000

Polybrominated ethers (PBDEs) 800 1000

* The management of all hazardous substances management is under progress by the

resulting material (HIQS-GM-DE03)

Green parts

submission

(ICP Data등)

Process the not

qualified material

Input the echo data and confirmation

the use

Green parts

submission

Purchasing echo

Reflecting customers’

requests

및 상품기획 실시 Planning echo

products

수립 및 실시

Re appointed the

materials

친환경자료 검토

Purchasing the echo

materials

사용계약 Purchasing the echo

materials

공급요청

사용계약

Education about

hazardous materials

Application customer’s

discomfort

Manufacturing and

delivery

Yes No

satisfa

ctory

Import test

No

satisfa

ctory

Delivery

criteria of

echo

products부?

Approved

environmentally

friendly parts and

payment

페이지 34 / 43



Hyundai IBT, hazardous materials training

With respect to the activities about law of resource circulation, overall training for internal staffs and partners to target companies is conducted; a separated training for XRF measurements is conducted for import inspection personnel.

Data Quality Management System (Management Data)

Classification Parts Materials Remarks Duration

documents Submitted

List of environmental

management materials

All parts - When parts approved

When parts changed (Before change) Analysis Data All parts - - CD, Pb, Hg : 1CP Data

- Cr: IC, UV/VIS Data - PBBs, PBFEs : GC-MS Data - PFOS

※ Self-analysis or using the qualified analyzing institutes

Composition table

All parts - - Mil Sheet, MSDS

Rate of be recycled

All parts - - Rate of part be recycled (based on weight)

When parts approved When parts

changed

Recycled Explode Chart

All parts - - Unfolding for recycling

Method of Recycling

All parts - - Recycling method of each parts by Explode Chart

Plan of improvement

Inadequate parts by standards

Class I (6th materials of ROHS)

- Duration prohibited: May, June When parts approved

Environmental warranty of

products

All cooperative companies

- - CEO’s name of cooperative company

Ratio of Reusing Monitor Item Packaging Material

By reusing packaging material, company attempts to diminish its effect on the environment. Ratios are different for each product but repackaging ratio is as follows.

ITEM Material Type % Range of recycled content (by weight)

2014 2015 Plan

Outer Box Card board 90% 90%

EPS Foam EPS 100% 100%

Set PE Bag LD PE 60% 60%

Stand PE Bag PE 50% 50%

Cable PE Bag LD PE 80% 80%

Manual PE Bag LD PE 80% 80%

Ratio of Using Regenerating Plastic for Monitor Items

By using regenerating plastic for plastic compartments, company is putting effort towards environment protection. Ratio varies for each model and compartment but 11.1% of regenerating plastics are used.

페이지 35 / 43



Environmental Outcome

Environment management result of Hyundai IBT in 2014 is as follows.

Energy (Kim-cheon place as standards)

For energy conservation, Hyundai IBT is processing commission from profession

electronic safety corporation for facility management and is performing regular

assessment weekly regarding facility maintenance. As well, company is performing power-

saving exercises by designating a responsible authority for management.

Classification

Energy

Usage (KWH)

Increment/

Decrement Ratio

1st Quarter 2nd Quarter 3rd Quarter 4th Quarter

2013 542,476 169,796 113,559 135,237 123,884

2014 468,244 139,464 89,214 111,478 128,088 14%

Decrement

Plan for 2015 444,832 5%

Increment

Liquid Disposals and Waste (Kim-cheon branch as standards)

Classification 2014 Plan for 2015

Usage of Liquids 158 ㎥/month (1,892 ㎥/year) 160 ㎥/month (1,920 ㎥/year)

Amount of Waste Disposal 10.8 ton/month (130 ton/year) 10.3 ton/month (124 ton/year)

For proper management of wastewater formed from the factory, Hyundai IBT consigned

professional management corporation and is processing regular evaluation regarding

wastewater weekly as well as annual water examination.

Form and Displacement of Waste for Different Disposition Methods

Classification

Percentage

Change Total

1st Quarter

2nd Quarter

3rd Quarter

4th Quarter

General Waste (ℓ)

2013 208 67 28 62 51

2014 130 25 30 40 35 38% Increase

2015 Plan 124 5% Increase

Food Waste (kg)

2013 1,759 426 661 333 339

2014 1,513 324 365 423 401 14%

Decrease

2015 Plan 1,400 7% Increase

Specific Waste (kg)

2013 126,630 41,420 32,100 23,900 29,210

2014 163,210 36,120 24,730 50,580 51,780 29%

Decrease

2015 Plan 170,000 4% Increase

페이지 36 / 43



Classification

2014 Management Performance 2014 Performance Analysis and

Complications

2015

Details Major performance details Performance Detailed Plans

General

Waste

Management

General Waste

(Paper &

Household Waste)

- Unnecessary document output material 130 ton

(Approx. 38%

decrease)

- Decrease in general waste by

strong separate garbage collection

124 ton (Approx. 5%

decrease) - Unnecessary household waste decrease

- Habituation of reusable papers

Food garbage

- Menu revision based on employee preference

survey (Sin-cheon)

- Improvement in employee preference by

holding quarterly cafeteria events

1,513Kg

(14% decrease)

- Reused as feed for feedlot near the

company

- By notification of daily employee

on duty, processed diminishing

activity of leftover

1,000Kg (7% decrease)

Specific

waste

Management

Wasted oil (liquid)

- Predict disoccurance of waste due to

compressor maintenance (Engine oil exchange

period 1 / 2 years)

163,210Kg

(29% increase)

-. Exchanged with compressor facility

investment

- Since foundation of new facility,

exchange period is not near yet

170,000kg (4% increase)

Wasted fluorescent

lamp (solid) - Placed fluorescent lamp collection unit. Completed

- Completed placement of

fluorescent lamp collection unit

120 ea( Lamp amount)

→ collection unit

placement/management

Outside of

building

- Arrangement of

transformer room -. By practicing 3right 5S, formed clean

environment

1. Authentic product, dose, location, cleaness,

habituation

Completed

- By practicing organization of clean

environment, succeeded in managing

clean environment with no

unnecessary material formation

Maintenance/Repair

Examination and

Management

- Arrangement of

Pump room

- Set storage area

for designated

waste

Fire Fighting

Equipment

- Through conflagration training and education,

programmed appropriate reactions to be

possible for emergent situations

Performed

conflagration

training - Exchanged old conflagration

facilities

1/month Emergency

organization

management

Organization charts - Fire fighting organization chart must be always

updated and managed most recent version

Performed

conflagration

training

- Prepared emergent organization

chart to perform responsible duty

during emergency occurrence

Management of recent

version

Training for

emergency

- First half theory education performed by 2014 Substituted

with

conflagration

training

- Education for performance strategy for

emergent conflagration for 2014

- Practiced training and conflagration

education for October Training

Reducing use

of resources

and energy

Reducing

consumption of

energy

- performed lunchtime compressor

off/unnecessary power off

468,244KWH

(Approx. 14%

Decreased)

- During morning assembly power

saving training / Marketing

444,832 KWH (5%

decrease)

- Lunchtime unnecessary power off

(Responsible authority designated)

- Middle management equipment

selection/management (compressor)

Marketing

reasonable working

condition (noise)

- AIR Humidity point predicted regularly Discomformity

point

ZERO

- Responsible AIR Humidity regularly

processed

Humidity ZERO

- 1 / quarter performed, equipment

preservation,

Mandatory items

Environment related performance in 2014 and 2015 performance plans

http://endic.naver.com/enkrIdiom.nhn?idiomId=c3f578f4b5fe4a4a938e0e079c9bb3ad&query=%EB%B6%84%EB%A6%AC%EC%88%98%EA%B1%B0

페이지 37 / 43



Intellectual Property Rights

Hyundai IBT has right on its brand of “Hyundai” about its products such as computers,

monitors, and cases which Hyundai have paid its registration fee continuously are

followings.

Also, it has the 67 cases of intellectual property rights such as Patent right, utility model

rights, and Design rights.

As of Dec. 31, 2014

Classification Patent rights Design rights Brand rights

Numbers owned 24 4 39

Status of being awarded

Since the foundation of the company, Hyundai IBT is a solid company while steadily

awarded in the field of display.

Nov. 2001 Bronze ranking Order of industrial Service Merit and Award of S100 million in Export top at the

38th Trade day.

Feb. 2002 Awarded as “Electrical business grant” by EIPA

Sept., 2002 Be chosen as “Good corporate in economic cooperation between Korea and China” by M.K.E

Nov. 2002 200 million Dollar Export Award and the Order of Industrial Service Merit at the 39th Trade Day

Nov. 2004 300 million Dollar Export Award at the 41st Trade Day

Mar. 2009 U.S government procurement exhibition awards for best display

2011 Be chosen as small and medium enterprise with bright future by Kyung-ki Province.

Outside Organization Registration Status

Hyundai IBT is now member of KOSDAQ Association. For communication with similar line

businesses and to share information, Hyundai IBT is considering to join the outside

organization to cooperate muturally egarding mangement activities, business, and

technical development for synergic effects.

페이지 38 / 43



Guideline Index In order to report to the authorities regarding information about continual management possibilities that meet global standards, Hyundai IBT strives to fulfill satisfaction of GRI Guideline by considering industrial characteristics and of small and medium sized corporations continuously. As a global export corporation, Hyundai IBT is continuously expanding growth limit. Thus, range of continual management report will continuously expand in future.

● Reported ○ Not Reported ◐ Partially Reported N/A Not Applicable

GRI Index Hyundai IBT Report

No. Details Application Report Page

Strategy and

Analysis

1.1 CEO Message ● 4

1.2 Oppertunity and Challenge ◐ 5, 10

Corporation

Prfile

2.1 Corporate name ● 1

2.2 Major products, brand, and service ● 10. 16

2.3 Management Structure ● 10, 11

2.4 Location of headquarter ● 9

2.5 Nations locating major business branches ● 9

2.6 Ownership structure and legal form ● 7

2.7 Business Marketplace ● 9, 10

2.8 Corporate size ● 18

2.9 Major changes occured in business size, organization structure, ownership

structure during reporting period N/A -

2.10 Award Breakdown ● 37

Report

Characteristic

3.1 Reporting period ● 3

3.2 Recent report date ● 3

3.3 Reporting period ● 3

3.4 Contact information for report and related details ● 3

3.5 Reporting details determination process ○ -

3.6 Report Boundary ● 3

3.7 Report boundary and range limitation ● 3

3.8 Report boundary that may have major impact on information comparison

possibility ● 3

3.9 Date estimation strategy and calculation standards ◐ 3

3.10 Reorganization of information provided previous report N/A -

3.11 Major changes in report range, boundary or measurement methods N/A -

3.12 GRI Content Index ● 38~40

3.13 Policy and recent practice about the 3rd party verification ● 41~42

Control

Structure,

Responsibility,

Participation

4.1 Corporate domination organization ● 7

4.2 Adjunt status of executive board chairman and CEO ● 6

4.3 Board of executives organization ● 6

4.4 Mechanism for stockholders and staffs to suggest ideas to the board ◐ 13

4.5 Corporate achievement and connection of reward for executive board with the

organization ◐ 6

4.6 Process to prevent in stake in a company within board directors ◐ 6

4.7 Determination process of professional standard for directors qualifications ◐ 6

4.8 Management Principle ● 15

4.9 Review process for directors achievements in economy, environment and society ○ -

4.10 Review process to review directors achievement especially in economy,

environment and society ◐ 6

4.11 Description about prior preventionprinciples and approach method selection

status ○ -

4.12 Initiative for exterior economy/environment/society site as held by corporate ◐ 15

4.13 Industry, nation, internal organization registration presentation ● 37

4.14 List of groups participated ● 17

4.15 Classification and selection process for participating parties ◐ 17

4.16 Participation trend, participation frequency for different groups and

presentation to interested parties regarding participation methods ◐ 17

4.17 Through participation of interested parties, major topics, interests and handling

methods are brought up. ○ -

페이지 39 / 43



GRI Guideline Index ● Reported ○ Not Reported ◐ Partially Reported N/A Not Applicable

GRI Index Hyundai IBT Report


Management

Policy and

Achievement

Guideline

EC1. Direct creation and distribution of economical values ● 18, 19

EC2. Climatic changes influencing financial and business activities and the

complications and chances ○ -

EC3. Retirement programs for employees’ pension range, etc. ○ -

EC4. Benefit performance of government subsidy ● No benefit

EC5. Wage comparison of new employee in comparison with major business body’s

local minimum wage ○ -

EC6. Major branch’s local procurement policy, custom, and ratio ○ -

EC7. Major branch’s local recruitment procedures and ratio of higher positions from

local employees ◐ 12

EC8. Infra investment and service resource activity and effective prioritizing public

interests ◐ 27

EC9. Indirect economical ripple effect and the comprehension and description ○ -

Environmental

Achievements

EN1. Weight and Volume standard raw material usage ○ -

EN2. Reusable material usage ratio ◐ 34

EN3. Direct energy consumption amount per initial energy source ○ -

EN4. Indirect energy consumption amount per initial energy source ◐ 35

EN5. Conservation and Effeciency revisied energy amount ◐ 35

EN6. Product/service that are energy efficient and reusable energy equipped and

their support and effort providing business aim to decrease energy ◐ 34, 35

EN7. Indirect energy conservation business and achievement ◐ 36

EN8. Total intake amount per supporting resource ◐ 35

EN9. Supporter highly influenced by intake N/A -

EN10. Total volume and ratio of reused and recycled ○ -

EN11. Owned, rented, managed landscape location and size of prevention areas and

nearby areas of ecological conservation areas N/A -

EN12. Effects influencing on variety of biological species by activity, product and

services at prevention areas and regions with high values of ecological diversity N/A -

EN13. Habitat protected or restored N/A -

EN14. Strategy, performance and upcoming plans in relation to ecological diversity N/A -

EN15.

Number and endangerment risk for red listed species as designated by

International Union for Conservation of Nature (IUCN) that are habiting in

business effective regions

N/A -

EN16. Direct ㆍ Indirect greenhouse gases emissions total amount ○ -

EN17. Other indirect greenhouse gases emissions amount ○ -

EN18. Greenhouse gases diminishing business and achievements ○ -

EN19. Destruction of ozon layers and destruction material displacement amont N/A -

EN20. NOx, SOx and other major atmospheric pollutant displacement amount ○ -

EN21. Total displaced amount and quality per final displacement location ● 35, 36

EN22. Form and disposition methods for each waste displacement amount ● 35, 36

EN23. Major hazardous waste exposure cases and amount N/A -

EN24. Delivery/import/export/disposition amount for regulated waste as agreed by

Bazel agreement I, II, III, VIII and ratio of exported waste amount N/A -

EN25.

Influenced waters and related habitats due to waste disposal by reporting

organization and the name, size, protection status and ecological diversity

values of such regions

N/A -

EN26. Product and service’s environmental influence decrement activities and

achievements ○ -

EN27. Sold products and related packaging materials reusable ratio ● 34

EN28. Penalty paid by violation against environmental legislations and no-monetary

restriction cases N/A -

EN29. Product and raw material delivery and movement of executive and staff

members impacting on major environmental situations ◐ -

EN30. Environment protection expenses and investment total cost ○ -

페이지 40 / 43



GRI Guideline Index ● Reported ○ Not Reported ◐ Partially Reported N/A Not Applicable

GRI Guidline Hyundai IBT Report


Labor cases and related achievements

LA1. Recruitment trend, recruitment contract and regional employment status ◐ 12

LA2. Employee movement cases and ratio ○ -

LA3. Benefits only provided to full timer and restricted to temporary or hourly working staffs ● 13

LA4. Collective bargaining application subjects employees ratio ○ -

LA5. Minimum announcement perior required for major business adjustments (Identification details included on collective organization agreement)

○ -

LA6. Labor and management joint health safety committee leading employee ratio ○ -

LA7. Injured, occupational diseases, losses, absence and activity related accidents (regional) ● 14

LA8. Education, training, counseling, prevention and danger management program to support serious diseases may caused to employees and to their families or to regional residents

● 14

LA9. Official agreement subject health and safety details with union ○ -

LA10. Annual average education time per employee concerning types ○ -

LA11. Work related education and eternal educational programs for continual recruitment and retiring employees

○ -

LA12. Regular achievement assessment and experience development examination and subjective employee ratio

○ -

LA13. Board directors and staff organizations ● 12

LA14. Basic wages ratio for different genders concerning staff positions ○ -

LA15 Labor leave staffs and returning number ○ -

Human rights achievements

HR1. Major investment agreement cases and ratio that include protection details about human rights ○ -

HR2. Major supplier and contractor human rights evaluation ratio ○ -

HR3. Human rights related to work policy and procedures related employee training ○ -

HR4. Total discrimination cases and investication process ● no

discriminations

HR5. Work activities considered to be seriously violate negotiation freedom of association and organization and prevention actions for rights

○ -

HR6. Work activities considered with some possibility of child labor occurance and prevention actions to prevent child labor

N/A -

HR7. Work activities considered with some possibility of compulsory labor and prevention actions for compulsory labor

N/A -

HR8. Human rights policies regarding work and ratio of responsible authorities trained about procedural education

○ -

HR9. Native rights violation cases and related actions ● no violation

cases

HR10 Human rights supervision and influence evaluation performing branches ratio cases ○ -

HR11 Official complaints delivery mechanism solving human rights related complaints and the number of solved cases

○ -

Social Achievements

SO1. Characteristic, range and performance of programs evaluated and managed that are influential during processes of start in activities, operation and completion

○ -

SO2. Number and ratio of cases with possible corruption ○ -

SO3. Half-dacayed policy and proceduring training performed employee ratio ○ -

SO4. Action against corruption cases ● no corruption

SO5. Position regarding public policies, public policy establishment and lobby activities participation ○ -

SO6. National cash/assets donation amount to organizations, political parties, and politicians ○ -

SO7. Unjustified competitions and monopolistic activities related legal actions and the results ● no related

cases

SO8. Policy and regulation violations causing penalties and in-kind restriction cases ● no related

cases

SO9 Business branch causing bad influence to the local society ● no branch

SO10 Prevention and alleviation activities in business branches causing critical influence in local society ● no branch

Product responsibility achievements

PR1. Consultation steps in life cycle that have evaluated with product and service’s health and safety influence, major products and services related evaluation and performed ratio

● 19, 20

PR2. Within product and service life cycle, regulations concerning clients’ health and safety and regulation violation cases happened voluntarily

● no related violation

PR3. Information trend of product and services required for procedures, ratio of major products and services meeting such information criteria

● 19, 20

PR4. Product/service information and labeling related policy and regulation violating cases voluntarily ● no violation

PR5. Result of client satisfaction evaluation survey and client satisfactory related activities ● 19, 20

PR6. Ads, sales promotion, sponsorship and marketing communication related regulations, standard and acceptance programs of policies voluntarily

● 19

PR7. Ads, sales promotion, sponsorship and marketing communication related policies, standards and cases of voluntarily policy violations

● 19

PR8. Client personal privacy violation and client data loss related complaints ● 20

PR9. Product and service supplied policies and regulations violation cases causing penalty and its amount

● no violation

페이지 41 / 43



The 3rd Party verification opinion about ‘2014 Hyundai IBT Management for

Environment and Social contribution’

Hyundai IBT interested parties

The Korea Productivity Center (below ‘verifier’) received ‘2014 Hyundai IBT Management for Environment and

Social contribution’ report from Hyundai IBT for verification and to submit following verification opinions.

Responsibility and Independence

All the responsibilities regarding information and opinions as described on this report owes to Hyundai IBT Co.

The verifier takes responsibility for verified opinions, and as an independent verification organization, one had

not participated in preparation of this report. There was no connection with the company which may have

disrupted independence.

Verification Standards

This verification used AA1000AS(2008) Type 1 Verification standards and performed by matching the verification

standards of Type 1 trend and moderate verification level. In reference to AA1000APS(2008) Verification principle,

comprehension, importance, and responsiveness regarding the principle were verified for its appropriateness.

Limitations

According to the above verification standards, verification about 2014 achievements were made, however,

reliability of partial data including financial achievement, environmental data (greenhouse gases, etc.) which are

reflected on the report, and information outlined on the website are not included in this verification process. As

well, verification was only limited to the document and if further performances of onsite verification procedures

come into effect, there can be some changes in the result.

Verification Procedure

The verification followed following methods.

1. Using GRI G3.1 Guideline as standards, verified accordance of report details and quality of report to the

principle, and investigated description methods and reporting ratio for each indicator.

2. Appropriateness and expressive errors of described details within the report was analyzed by comparing with

other reports from exterior references for verification.

3. Through telephone interview with the responsible authority regarding internal document review, verified

evidence for data and Information.

Verification Result

The verifier had verified that the report prepared by Hyundai IBT had reflected continual management

possibilities in activities and achievements. As well, 3 principles in verification is the inclusivity, materiality and

responsiveness and verified details reflecting these principles are as follows.

1. Inclusivity: Participation by interested parties

Inclusivity refers to the principle allowing interested parties to participate during strategic action methods for

development and the company holds such continual maintenance responsibilities. Through this verification

process, the verifier confirmed that Hyundai IBT defined major interested parties in reference to the inclusivity

principle. As well, publicized communication channel for each interest parties. For upcoming reports, it needs to

include various communication channels and activation to reflect opinions of numerous interested parties, and

through such channels, establishment of systematic management methods for general organization of issues

exposed on the report is recommended.

페이지 42 / 43



2. Materiality : Major issue selection and report

Materiality principle refers to the determination of issues that are related to the organization and interested

major parties surrounding the organization. On this verification process, the verifier had verified that Hyundai IBT

described major achievements on economy, environment, and society for contribution of the report. However,

selection of major issues and reporting process are omitted. Therefore, establishment for materiality evaluation

methods is recommended concerning major issues which will be outlined on the upcoming reports and for their

balanced reflection on concerned core issues on the report.

3. Responsiveness : Corporates reaction to the issues

Responsiveness principle refers to the corporate's reaction to the issues that might influence on the

achievements of other interest parties. On this verification process, the verifier determined reactions of Hyundai

IBT for economic, social and environmental issues. Especially establishment of goal for environment responsibility

and its activities are well reported. For further reports, analysis of complications and possible strategic details are

recommended to be included and to perform achievement guideline and monitoring of systematic maintenance

plans. As well, through evaluations, have reflections of concerned issues on the report to specify Hyundai IBT's

consciousness.

Recommendations

The verifier had highly evaluated various efforts and achievements by Hyundai IBT Co., and is recommending

following details for improvement in the management levels for further report publications.

1. It is recommended to establish reporting system through GRI report after establishment of process to

determine of major issues and open to the related interested major parties.

2. It is recommended to explain why its issue is important for the reporting issue and summarize Hyundai IBT’s

corresponding rule and activity to make the related interested parties well understand.

3. Perform systematic monitoring of achievements by CEO, or executive members to regularly assess and

manage the management for environment and social contribution report.

May 2015

President of Korea Productivity Center Soon-jik Hong

Center leader Dong-su Kim Team manager Yang-ho Lee

Korea Productivity Center is an officially certified verification corporation in reference to the participation of interested parties and verification global international standards AA1000 Corporation Accountability. From this, the center has granted verification qualification. As well, for the case of verification directors, they are organized by professionally trained and experience concerning verification on management for environment and social contribution report.

페이지 43 / 43



Contact information for the report

Hyundai IBT is fully geared to provide reliable and accurate information on the company's

management for environment and social contribution and it’s achievements to the interested

parties. We will be very delighted for any of your opinions.

Responsible authority for the report

Tel.: 070-7008-0107

Fax.: 070-7008-0133

E-mail: [email protected]

2014 지속가능성보고서 - specialized company of display industry | hyundai … · ·...

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