Hyundai Earns Recognition for ESG Efforts

Hyundai Elevator has received an A grade in the 2026 ESG Rating Assessment conducted by the global environmental, social and governance (ESG) evaluation agency Morgan Stanley Capital International, marking an improvement of one level from its previous BBB rating, The Asia Business Daily reports. In a corporate sustainability assessment by global rating agency S&P Global, the company scored 59 points — an increase of seven points from the previous year — ranking first among global elevator companies. Domestically, Hyundai Elevator has achieved an overall A+ grade from the Korea Institute of Corporate Governance and Sustainability, an overall AA grade from Sustinvest and was selected as one of the ESG Best Companies 100. By fully launching ESG management in 2022, Hyundai Elevator established and declared a mid- to long-term plan to achieve carbon neutrality by 2050. The company is actively engaged in a variety of ESG activities.