Hyundai Glovis announced on the 14th that it was newly added to the Dow Jones Sustainability Management World Index (DJSI World) for the first time as a domestic logistics company.
DJSI is a sustainability management evaluation index jointly developed by S&P Dow Jones Index of the United States and S&P Global Swiss SA, a global sustainability management evaluation agency. Since the first evaluation in 1999, the company’s economic, environmental, and social performance has been comprehensively evaluated and announced every year. The DJSI evaluation criteria are used as indicators of corporate sustainability management and socially responsible investment.
About 10% of the top 2,500 global companies based on market capitalization are selected for the DJSI World Index, to which Hyundai Glovis is included. 21 domestic companies entered the DJSI World Index this year, and Hyundai Glovis is the only company that entered the global transportation and transportation infrastructure sector. The global transportation and transportation infrastructure sector is a field in which global companies such as large logistics and shipping companies and public airports and railway postal companies from around the world compete, and the competition is fierce among 61 industries.
Hyundai Glovis explained, “It means that we have been recognized as a pioneer in sustainable management that leads the future industry.”
Hyundai Glovis cited ‘various ESG strengthening activities’ as the background for its incorporation into the DJSl World Index.
Hyundai Glovis organized the ESG (Environmental, Social and Governance) Management Committee and joined the UN Global Compact (UNGC) initiated by the UN to promote sustainable and balanced development.
It was the first domestic logistics company to declare support for the Climate Change-related Financial Information Disclosure Council (TCFD). TCFD is an organization established by the Financial Stability Committee, a consultative body of finance ministers and central bank governors of G20 countries.
In addition, Hyundai Glovis reported that it received high evaluations in supply chain management, employee health and safety reinforcement, human rights protection, and personal information protection.
An official from Hyundai Glovis said, “As a result of the efforts of all employees for sustainable management, we became the first domestic logistics company to be included in the World Index.