Wednesday, July 1

Hyundai Motor has released its 2026 Sustainability Report, outlining progress in renewable energy adoption, corporate governance and workforce development as the company advances its transition toward electrified mobility.

The report said Hyundai achieved RE100 targets across its operations in Europe, North America and India, while renewable energy accounted for 76% of electricity consumption at its overseas facilities during 2025.

Renewable Energy Expansion

Hyundai said its renewable energy progress has been supported through renewable energy certificates, power purchase agreements (PPAs) and other clean energy procurement methods.

Among the latest initiatives is a 147-megawatt photovoltaic power purchase agreement at Hyundai Motor Group Metaplant America (HMGMA) in Georgia, supporting the company’s broader decarbonization strategy.

Workforce and AI Initiatives

The report introduces Hyundai’s new “Just Transition” initiative, which focuses on retraining employees as the company shifts toward electric vehicle production and new mobility technologies.

Hyundai also established an artificial intelligence governance framework designed to guide the responsible deployment of AI across its business operations.

“At Hyundai, we do not assume progress is inevitable. It has to be earned, year after year, through consistent and decisive action,” said José Muñoz, President and Chief Executive Officer of Hyundai Motor Company.

“Sustainability is a core part of our transformation into a high-technology mobility company. This report is our accounting of 2025, the progress of our teams, and the work that still lies ahead.”

Governance and Shareholder Returns

Hyundai said it has strengthened its corporate governance through the introduction of a Lead Independent Director system and increased board diversity.

The company’s 12-member board now includes four female directors and three international directors.

Hyundai also adopted the Taskforce on Nature-related Financial Disclosures (TNFD) framework to improve management of biodiversity-related risks across its operations.

In addition, the company reaffirmed its shareholder returns program, targeting a minimum shareholder return ratio of 35% over the 2025–2027 period as part of its long-term capital allocation strategy.

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Min-jae Kim is a South Korea–focused EV journalist at EVMagz.com, covering electric vehicle manufacturing, battery technology, charging infrastructure development, and government industrial policy across the Korean automotive and energy sectors.

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