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