Climate Change Data

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