Climate Change Data

Environmental Metrics

ESG Focus Areas

• Securing New Future Growth Engines
• Eco-friendly Management
• Creating Values of Local Communities
• Ethical Management and Fair Trade
• Healthy Governance

Environmental Achievements

• Reduced GHG emissions by 3% compared to the government's emission trading system allocation target
• Reduced air pollutants intensity by 6% against the previous year
• Reduced waste intensity by 6%
• Achieved 61.6% waste recycling rate

Social Achievements

• Donated 100,000 transparent umbrellas annually to prevent child pedestrian accidents
• Provided mobility aids for children with disabilities
• Operated children's archery classes
• Operated Junior Engineering Classes for 12,940 students
• Implemented various employee wellbeing initiatives including flexible work schedules and refresh leaves

Governance Achievements

• Established the Mobis Code of Conduct
• Appointed a Chief Compliance Officer
• Held a Compliance Management Proclamation Ceremony
• 55.6% of Board of Directors are independent directors

Climate Goals & Targets

Environmental Challenges

• Climate change related risks (physical risks like extreme weather and transition risks like regulatory changes)
• Risks related to ICT/network infrastructure
• Risks related to information protection and national core technologies
• Risks related to compliance with laws and regulations

Mitigation Strategies

• Developing eco-friendly products and technologies
• Strengthening R&D capabilities in software and ICT
• Implementing robust information security management systems
• Establishing a comprehensive compliance management system

Supply Chain Management

Responsible Procurement

• Code of Ethical Conduct
• Fair practice agreement
• Conflict minerals due diligence

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Logistics disruptions

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, ISO 26000, UN Global Compact

Certifications: ISO 14001, ISO 50001, OHSAS 18001 (ISO 45001)

Third-party Assurance: DNV GL

Sustainable Products & Innovation

• Eco-friendly automotive parts (e.g., fuel cell system, battery system, driving motor)
• Bioplastic for interior products
• Lead-free solder

Awards & Recognition

• DJSI AP/Korea
• IR52 Jang Yeong-sil award
• CSR grand prize
• Family-friendly excellent corporation

Environmental Metrics

ESG Focus Areas

• Climate Change Response
• Supply Chain Sustainability
• Corporate Culture
• Talent Recruitment and Retention
• Product Safety and Quality
• R&D Enhancement/Technology Innovation
• Community Engagement
• Human Rights

Environmental Achievements

• Installed 2.5MWp-capacity PV power generators at four key manufacturing sites in Korea, reducing 1,519tCO₂eq in GHG emissions per year.
• Achieved a 25% rate of progress towards performing LCAs on all products by 2025.
• Achieved Zero Waste to Landfill (ZWTL) designation at Changwon and Jincheon plants.
• Reached 84.5% recycling rate based on domestic operations in 2023.

Social Achievements

• Provided customized assistive devices for 182 children with disabilities.
• Published children’s books to improve perceptions on disability.
• Distributed transparent umbrellas to children.
• Improved Culture Survey score to 80.7 points (excluding domestic subsidiaries).

Governance Achievements

• Implemented a shareholder return policy, returning KRW 407.3 billion to shareholders as dividends.
• Maintained a Board of Directors with a majority of independent directors (55.6%).
• Conducted third-party assessments on the Board of Directors.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to geopolitical unrest and climate change.
• Tightening automotive fuel efficiency regulations and CO2 emissions standards.
• Meeting customer demands for lifecycle assessment and low-carbon products.
• Managing risks associated with enhanced chemical regulations.
• Managing risks associated with climate change (physical and transition risks).

Mitigation Strategies

• Investing in new local manufacturing sites in North America and Europe.
• Developing a range of electrification parts technology.
• Securing lifecycle assessment data for all products by 2025.
• Implementing a chemical risk management system and e-CMS.
• Conducting climate scenario analysis to identify and manage risks and opportunities.

Supply Chain Management

Supplier Audits: 89.9% written assessments, 100% on-site assessments for high-risk suppliers

Responsible Procurement

• Code of Conduct for Business Partners
• Supplier ESG assessments
• Responsible Minerals Sourcing Policy

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Typhoon
• Wildfire
• Heatwave

Transition Risks

• Rise in GHG emissions credit prices
• Transition to low-carbon infrastructure
• Rise in electricity costs
• Changing customer behaviors
• Rise in costs of procuring raw materials

Opportunities

• Development and expansion of low-carbon products
• Expansion of new OE orders
• Transition to renewable energy

Reporting Standards

Frameworks Used: GRI Standards, ESRS, TCFD

Certifications: ISO 14001, ISO 45001, IATF 16949, ISO 17025

Third-party Assurance: Samil PwC

UN Sustainable Development Goals

• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action

Initiatives contribute to these goals through renewable energy transition, responsible supply chain management, sustainable product development, and community engagement.

Sustainable Products & Innovation

• Electrification parts
• Bioplastic materials
• Lightweight products

Awards & Recognition

• Zero Waste to Landfill (ZWTL) validation
• Health-friendly Business certification
• Excellence in Worker Health Promotion