Hyundai Steel joins Responsible Steel
Hyundai Steel has joined the steel global initiative Responsible Steel. For the systematic management of ESG, Hyundai Steel plans to become the first Korean company to join the Responsible Steel and actively respond to ESG issues by establishing a network with global advanced companies. It is expected that Hyundai Steel will be able to establish a leading position in terms of strengthening its own ESG management while securing confidence in the ESG field from the market and society through joining.
Responsible Steel is an ESG initiative in the steel sector run by the Steel Stewardship Council, an Australian-based multinational non-profit organization, including steel makers such as ArcelorMittal, Aperam and Bluescope, as well as automakers such as BMW, mining company BHP, and financial firm HSBC. Aiming at sustainable steel, it is developing the first ESG standard and certification program in the steel sector.