Climate Change Data

HANSAE YES24 HOLDINGS CO., LTD

Climate Impact & Sustainability Data (2017-2018, 2021)

Reporting Period: 2017-2018

Environmental Metrics

Total Carbon Emissions:135 MT (2018)
Total Energy Consumption:157,661 kwh (2018)
Water Consumption:3,936 M³ (2018)

ESG Focus Areas

  • Worker Engagement
  • Environmental Preservation
  • Sustainable Growth

Environmental Achievements

  • Steadily decreased oil, coal, water usage, and GHG emissions in factories.
  • C&T Vina eliminated 14 ZDHC priority chemical groups from its supply chain.
  • Increased biomass consumption in many sewing factories.

Social Achievements

  • Launched Workplace Cooperation Program in multiple factories to improve communication and conflict resolution.
  • Implemented P.A.C.E. program to enhance female workers' managerial and life skills.
  • Participated in HERproject to improve health-related knowledge and behaviors of female workers.
  • Implemented MicroBenefits program to improve worker engagement.

Governance Achievements

  • Adopted Human Rights Policy and provided training to all employees.
  • Established business partner scoring system to drive performance improvement.
  • Hosted conference with top managements of business partners to highlight ethical management principles.

Climate Goals & Targets

Environmental Challenges

  • Rapidly changing global business environment requiring agility and system adaptation.
Mitigation Strategies
  • Concentrating on agility and system improvements in 2019 to adapt to the changing environment.
  • Systemizing production processes to provide prompt visibility on manufactured goods.

Supply Chain Management

Responsible Procurement
  • Code of conduct for business partners, including standards for working conditions, anti-bribery, anti-discrimination, freedom of association, and prohibition of child and forced labor and human trafficking.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI G4.0 standards at Application Level C

Awards & Recognition

  • Minister's award from Minister of Trade, Industry and Energy (55th Trade Day Awards Ceremony)
  • 2017 Target Business Award
  • Multiple awards at the 31st Textile Day Awards Ceremony
  • Various local awards in Vietnam

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:77,514 tCO2eq
Scope 1 Emissions:15,367 tCO2eq
Scope 2 Emissions:62,147 tCO2eq
Waste Generated:21,598 tons
Carbon Intensity:4.80 tCO2eq/KRW 100 million (overseas)

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • CSR Activities
  • Compliance

Environmental Achievements

  • Reduced GHG emissions at overseas sewing factories by 5.7% (1,722 tons) year on year
  • Decreased electric power purchase from the grid by about 4 million kWh
  • Decreased water consumption by about 140,000 tons
  • Reduced physical samples used by 50% and increased virtual sampling by 300% using 3D printing technology
  • Increased purchases of eco-friendly fabrics by 66% year on year

Social Achievements

  • Donated garments worth a total of KRW 5 billion to the underprivileged in seven countries, including child soldiers in South Sudan
  • Donated clothing worth a total of KRW 1.1 billion to the underprivileged in Indonesia
  • Donated 10,000 books annually for 5 years to local schools in Vietnam
  • Maintained a high ratio of female employees, exceeding the target in the 'Partnership for Gender Equality and Inclusive Growth'

Governance Achievements

  • Established the Sustainable Management Committee in 2022 to manage ESG performances at the group level
  • Operated the Audit Committee to promote transparent corporate governance
  • Reinforced internal control by expanding anti-corruption reporting channels
  • Established guidelines on ethical management

Climate Goals & Targets

Medium-term Goals:
  • Decrease GHG emissions by 25%, oil consumption by 50%, water use by 20% and electric power purchase by 5% through 2029 compared to the levels seen in 2019
Short-term Goals:
  • Replace at least 80% of physical samples with 3D sampling by 2025

Environmental Challenges

  • The COVID-19 pandemic put a heavy constraint on efforts to reduce GHG emissions and energy use in 2021
Mitigation Strategies
  • Hansae managed to cut GHG emissions and decreased electric power purchase and water consumption despite the pandemic
  • Hansae set ambitious targets to expedite the reduction of GHG emissions and energy use through 2029 and plans to continue exploring ways to create a sustainable future.

Supply Chain Management

Supplier Audits: 1~2 times a year depending on grade

Responsible Procurement
  • Code of Ethics
  • Code of Conduct
  • Conflict Minerals Management Policy
  • Quality management system inspections

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards: Core Options, AA1000AP, ISO 26000, UN SDGs

Third-party Assurance: Han Consulting Group

UN Sustainable Development Goals

  • Goal 1
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 8
  • Goal 10
  • Goal 12
  • Goal 13
  • Goal 16

Hansae Yes24 Group aligned its corporate goals and activities with 10 out of 17 SDGs

Sustainable Products & Innovation

  • Eco-friendly garments made of recycled materials
  • GRS-certified textiles
  • RDS-certified down
  • Eco-furs

Awards & Recognition

  • Global Leader Awards
  • Top 100 CEOs of Korea
  • 2020 Korea Sports Promotion Awards / Grand Prize
  • 2021 Business Awards / Grand Prize for CEO in ESG category