HUVIS CORP (GROUP)
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Environment
- Labor & Human Rights
- Ethics
- Sustainable Procurement
Environmental Achievements
- Specialized treatment and safe disposal of hazardous substances
- Use of recovered input materials
- Internal sorting & disposal of waste according to waste streams
- Actions for labeling, storing, handling and transporting hazardous substances
- Use of eco-friendly or bio-based input materials
- Mapping of waste streams
- Studies on product environmental impact
- Energy and/or carbon audit
- Wastewater quality assessment
- Actions to prevent emissions of atmospheric pollutants
- Work processes or technologies implemented to mitigate emissions of dust and/or particulate matter
- Training employees to safely handle and manage hazardous substances
- Environmental emergency measures in place
- Actions or training to raise employee awareness on waste reduction & sorting
- Use of waste heat recovery system(s) or combined heat and power unit(s)
- Technologies or practices to recycle or reuse water
- Purchase and/or generation of renewable energy
- Improvement of energy efficiency through technology or equipment upgrades
- Training of employees on energy conservation/climate actions
- ISO 14001 certified
Social Achievements
- Actions to prevent workplace harassment
- Communication to all employees of remuneration process
- Actions to control hazardous substance exposure
- Employee health and safety emergency action plan
- Complaints procedure in place for employees to report on occupational health and safety issues
- Regular employee health check-up
- Skills development program tailored to employee needs
- Collective bargaining agreement on employees’ health & safety
- Health care coverage of employees in place
- Compensation for extra or atypical working hours
- Family Friendly programs (FFPs) implemented
- Age verification of candidates before hiring
- Equipment safety inspections or audits
- Actions to control employee exposure to extreme climatic conditions
- Regular assessment of individual performance
- Individual development and career plan for all employees
- Actions to promote internal mobility
- Actions in place to ensure health and safety of non-employee workers
- Actions to promote gender inclusion in the workplace
- Collective bargaining agreement on working hours, overtime, or leaves
- Collective bargaining agreement on diversity, discrimination and/or harassment
- Collective bargaining agreement on career management & training
- Employee representatives or employee representative body
- Awareness training regarding diversity, discrimination, and/or harassment
- Awareness training on child labor, forced labor and human trafficking
- Employee health & safety risk assessment
- Training of employees on health and safety risks and best working practices
- Grievance mechanism on child labor, forced labor and/or human trafficking issues
Governance Achievements
- Comprehensive policies on ethics issues
- Policies on corruption
- Policy on fraud
- Disciplinary sanctions to deal with policy violations
- Employee signature acknowledgement of ethics policies
- Policy on information security
- Policy on money laundering
- Policy on conflict of interest
- Dedicated responsibility for ethics issues
- Audits of control procedures to prevent corruption
- Implementation of a records retention schedule
- Whistleblower procedure for stakeholders to report information security concerns
- Awareness training to prevent information security breaches
- Whistleblower procedure for stakeholders to report corruption and bribery
- Measures for gaining stakeholder consent
- Awareness training performed to prevent corruption
- Audits of control procedures to prevent information security breaches
- Incident response procedure (IRP) to manage breaches of confidential information
Climate Goals & Targets
Environmental Challenges
- Inconclusive documentation for policies on product use
- No conclusive information on endorsement of external initiatives or principles on environmental issues
- Declares that no commitment or review has been conducted regarding payment of living wage
- No quantitative target on labor and human rights issues
- No conclusive information on endorsement of external initiatives or principles on labor and human rights issues
- Further develop your grievance mechanism on discrimination and harassment issues
- Labor and human rights management system certification covers less than 26% of the assessed scope
- Supporting documents show a medium level of coverage of labor and human rights actions or certification throughout company operations
- No formal alignment with a sustainability reporting standard
- No external assurance or verification of sustainability reporting
- No information on reporting on ratio of the annual total compensation of the highest paid individual, to the median annual total compensation for all employees
- No conclusive information on endorsement of external initiatives or principles on ethics issues
- No conclusive documentation regarding corruption risk assessments
- No conclusive documentation regarding information security risk assessments
- No conclusive documentation on approval procedure for sensitive transactions
- No conclusive documentation regarding an anti-corruption due diligence program on third parties
- Supporting documents show a medium level of coverage of ethics actions or certification throughout company operations
- No formal alignment with a sustainability reporting standard
- No external assurance or verification of sustainability reporting
- Inconclusive documentation for policies on supplier social practices
- Basic sustainable procurement policies: lacks details on specific issues
- Inconclusive documentation for policies on supplier environmental issues
- No conclusive documentation on the integration of social or environmental clauses into supplier contracts
- No conclusive documentation on sustainability risk analysis
- No conclusive documentation on the training of buyers on social and environmental issues within the supply chain
- No conclusive documentation on sustainable procurement objectives integrated into buyer performance reviews
- Supporting documents show a low level of coverage of sustainable procurement actions throughout company operations or supplier base
- No formal alignment with a sustainability reporting standard
- No external assurance or verification of sustainability reporting
- No information on reporting on total gross Scope 3 upstream GHG emissions
Mitigation Strategies
- Huvis announced on the 24th that it will start producing eco-pet, an eco-friendly polyester (PET) foam material, and enter the display cushioning material market.
- Huvis announced on the 17th that it had signed an MOU with the Korea Textile Development Institute to revitalize the carbon-neutral eco-friendly material industry.
- Huvis will begin commercial production of 'Ecoever LM', a chemically regenerated LMF (Low Melting Fiber) with an annual capacity of 16,000 tons.
Supply Chain Management
Responsible Procurement
- Supplier sustainability code of conduct in place
- Capacity building of suppliers on environmental or social issues
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- eco-pet
- Ecoever LM