- Identifies and presents seven key ESG issues and implementation results through double materiality assessment based on GRI Standards 2021
- Covers comprehensive sustainable management, including mid- to long-term strategies for environment, social, and governance, as well as social contribution activities
- Strengthens responsible management through ESG integration, pledging ongoing transparent communication with stakeholders as a corporate citizen
Global agricultural machinery specialist TYM (Co-CEOs: Hiyong Kim and Dohoon Kim / 002900) announced on the 15th that it has published its ‘2024 ESG Report’, which details last year’s ESG management achievements and mid- to long-term strategies.
Having published the agricultural machinery industry’s first ESG report, TYM is now releasing its fifth consecutive annual report. This edition comprehensively covers the company’s value creation activities across economic, social, and environmental dimensions.
Prior to publishing the report, TYM conducted a double materiality assessment in line with the global sustainability reporting standard, ‘GRI Standards 2021’. Through this process, the company simultaneously analyzed social and environmental impacts on external stakeholders and financial impacts on internal stakeholders, identifying seven key issues: ▲Customer Satisfaction ▲Sustainable Products ▲Supply Chain Sustainability ▲Quality Management ▲Climate Change Response ▲Technological Innovation ▲Ethical and Compliance Management. The report details concrete action plans and performance outcomes for each issue.
Notably, the report broadly introduces a range of ESG activities, including the advancement of environmental and occupational health and safety management systems at each business site, mid- to long-term strategic initiatives, and social contribution efforts as a responsible corporate citizen. The report is systematically organized into Environmental (E), Social (S), and Governance (G) sections, with key issues and action plans for each area clearly outlined for stakeholder understanding.
A TYM representative stated, “The ESG report is more than just a record of achievements; it is a promise reflecting TYM’s commitment to responsible management for a sustainable future. We will continue to embed ESG management throughout our organization and grow together with our stakeholders through transparent and proactive communication.”
Meanwhile, TYM has consistently enhanced the credibility and quality of its ESG reports, maintaining a rating of B+ or higher since the initial publication in 2021. The 2021 report received a B+ rating, followed by A (2022), B+ (2023), B+ (2024), and the latest 2025 report (based on 2024 activities) also achieved a B+ rating, demonstrating the company’s ongoing commitment to sustainable ESG management.