Hankook Tire & Technology Co Ltd

Common Name
Hankook Tire & Technology
Country
South Korea
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
6,282
Ticker
161390
Exchange
KOREA EXCHANGE
Description
Hankook Tire & Technology Co., Ltd. is a South Korean multinational company renowned for its comprehensive production of tires. As one of the leading tire manufacturers in the world, Hankook specializ...

Hankook Tire & Technology Waste Data Preview

In 2023, Hankook Tire & Technology conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Hankook Tire & Technology's Waste Treatment Practices

In 2023, Hankook Tire & Technology generated a total of 136,145 metric tonnes of waste.

Of this amount, 27.95% of Hankook Tire & Technology's total waste generated was recovered through methods such as recycling, reuse, or composting, while 8.32% was disposed of through landfilling, incineration, or combustion. The remaining 63.72% was either treated using unspecified methods or not clearly categorized.

Hankook Tire & Technology's Waste Recovery Rate

28%

How much of Hankook Tire & Technology's waste is recycled or recovered?

In 2023, Hankook Tire & Technology reported a total waste generation of 136,145 metric tonnes, of which 27.95% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Hankook Tire & Technology is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Hankook Tire & Technology reduced its environmental waste footprint over time?

Since 2019, Hankook Tire & Technology's total waste generation increased by 146.49%, including a 179.85% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.

Over the same period, Hankook Tire & Technology's waste recovery rate declined by 64.05%, with a further 63.51% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.

Overall, Hankook Tire & Technology is generating more waste while simultaneously backsliding on recovery efforts, both in the short and long term. This dual negative trend raises concerns about the company’s waste management priorities and its alignment with sustainability goals.

Hankook Tire & Technology’s Waste Recovery vs. Disposal Over Time

20192020202120222023015 k30 k45 k60 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Hankook Tire & Technology’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Hankook Tire & Technology generated a total of 136,145 metric tonnes of waste.

Of this amount, 4.17% of Hankook Tire & Technology's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 32.11% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. The remaining 63.72% was either treated using unspecified methods or not clearly categorized.

Hankook Tire & Technology’s Hazardous vs Non-Hazardous Waste Over Time

20192020202120222023015 k30 k45 k60 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Hankook Tire & Technology reduced the environmental impact of its waste?

Since 2019, Hankook Tire & Technology's total waste generation increased by 146.49%, including a 179.85% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, Hankook Tire & Technology reduced the hazardousness of its waste by 65.15%, with a further 60.44% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.

Overall, Hankook Tire & Technology is generating more waste but has significantly reduced the share of hazardous materials, suggesting a partial decoupling of volume and toxicity that could reflect more responsible inputs or enhanced treatment.

How does Hankook Tire & Technology treat its hazardous waste?

In 2023, Hankook Tire & Technology reported that 5,682 metric tonnes of its total waste output were classified as hazardous. This represents 4.17% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (50.07%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Hankook Tire & Technology has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of Hankook Tire & Technology's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(5.7%)Hazardous WasteRecovered(5.8%)Non-Hazardous WasteDisposed(17.2%)Non-Hazardous WasteRecovered(71.3%)
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