SUSTAINABILITY

NEXEN TIRE is striving to create a transparent, fair, and mature corporate culture based on its management principles and ethical norms of developing with stakeholders, buyers, customers, suppliers, partners, community, and employees as well as pursuing the values of consideration, existence, and symbiosis. NEXEN also puts effort into carrying out ethical management that enables sustainable management by conducting an ethical management survey and regular training for employees and by running a reporting center for violations of ethical norms.

Top priority on human and environment, NEXEN TIRE is actively conducting EHS (environment, health and safety) management. Based on environmental management system, NEXEN TIRE endeavor to realize low energy consumption, reduce carbon and pollutant emissions, and recycle resources, pursuing harmony between corporate activities and environment. Our health and safety management system aims to ensure the safety of our employees and suppliers and promote their health conditions, pursuing accident-free workplace as part of corporate social responsibility.

NEXEN TIRE is committed to fulfilling its mission as a human-centered corporate through human rights management which prioritizes on labor and human rights throughout its management activities. To this end, NEXEN TIRE has established a human rights management policy, presented the standard for value judgment that all employees and stakeholders should comply with, and has pledged to practice them in all of its management activities. As such, NEXEN TIRE puts emphasis on human dignity and value as well as actively practices human rights management, aiming to pursue sustainable development with all stakeholders including employees. As a UNGC member, we respect and protect all human rights in order to comply with the 10 principles. All of forced labor, child labor, and all kinds of discrimination is prohibited, and pays fair compensation to executives and employees, and further respects and protects the living environment (land, forest, water) and rights (prohibition of forced eviction, destruction, etc.) of local residents. In addition, appropriate control measures are taken to prevent violations between employees and in-house resident partners (facility management, security, janitor, etc.)

NEXEN TIRE strives to grow together by supporting partners' sustainable growth. Based on partners’ ESG guidelines, ethical management, and the procurement policies for sustainable raw materials, NEXEN TIRE is formulating various policies that present standards for corporate ethics, environment, safety, and healthcare, and labor and human rights. Also, NEXEN is doing its best to build a sustainable supply network by conducting a regular ESG evaluation to improve the competence and growth of its partners. As a member of GPSNR, NEXEN established the Sustainable natural rubber policy to prevent forced eviction, and to protect the native people, land, forest, and ground water for sustainability of natural rubber.