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Hyundai
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2019 Sustainability Report
homepage facebook youtube instagram twitterThis report has been published as
an interactive PDF, allowing readers to move quickly and easily to pages in the report, and including shortcuts to related web pages.Reference Page
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Materiality Report
OUR SYSTEMOUR VALUE
4.4 Customer 045
4.5 Environment 059
4.6 Collaboration 068
4.7 People 078
4.8 Community 089
1.1 CEO Message 003
3.1 CSV Strategy System 030
4.1 Corporate Governance 041
4.2 Ethical and Compliance
Management
0434.3 Risk Management 044
3.2 Stakeholder Engagement 031
3.3 Sustainability Management Materiality Analysis 032
3.4 Material Topic #1. Producing Eco-friendly Vehicles 034
3.5 Material Topic #2. Customer and Product Safety 036
3.6 Material Topic #3. Social Value Creation 038
1.2 Company Overview 004
1.3 Management Philosophy 006
2.1 New Milestones 009
2.2 New Forms of Mobility 014
2.3 New Values 023
5.1 Business Performance 104
5.2 Facts & Figures 106
5.3 GRI Index 118
5.4 Independent Assurance Statement 122
5.5 About This Report 125
1.4 Vision & Values 007
Appendices
President & CEO,
Hyundai Motor Company
Won Hee Lee
Hyundai Motor Company (Hyundai) was able to further solidify its position as a global automaker amid Concurrently, we are mapping out transformative strategies for a better future.Uncertainty in the global economy remained high. Electric vehicles, digitalization and mobility services are
bringing a paradigm shift in the automobile industry, demanding the industry to challenge itself to ever
higher standards. Internally, we are laying the foundation in emerging markets for sustainable growth as
2019 North American Car, Utility and Truck of the Year (NACTOY) awards, further solidifying our global
position as a maker of top-quality products. In addition, we ranked top position in J.D. Power"s 2018 US
Initial Quality Study (IQS), and our engine was recognized as WardsAuto"s World"s 10 Best Engines" list
for the second consecutive year. Hyundai was also chosen as the Manufacturer of the Year by BBC"swe launched the 8th generation Sonata built with advanced digital technologies and a third-generation
mobility experience as well as to improve convenience and safety.Hyundai is also fulfilling its social responsibilities as a global corporate citizen. In particular, we are
In enhancing customer value, we bolstered our product line-up for the SUV market by unveiling the large
SUV Palisade, and released the new Sonata sporting an array of smart mobility devices. Each and every
innovation in the Industry 4.0 era through collaboration with various stakeholders by establishing Hyundai
CRADLE, an open innovation center, in Silicon Valley, Tel Aviv, Berlin and other global bases.in FCEVs, an area where we have world-leading technological competitiveness. We will take the lead in
Dear Readers,
I sincerely appreciate all your steadfast support for Hyundai Motor Company over the years.0031. Introduction2. 2018 Highlights 3. Materiality Report 4. Sustainability Performance5. Appendices
2019 Sustainability Report
In promoting collaboration, we are building a partnership of trust with our suppliers with a long-term
supporting their efforts to strengthen capabilities. Our plan for 2019 is to increase our contributions
to the Future Growth Fund that Hyundai Motor Group is implementing for our company-wide tier 1 to 3suppliers. By funding suppliers experiencing liquidity problems, we seek to help them stabilize their
business and invest in new technologies, thereby bolstering competitiveness of the future automobile industry. As for our people, we are committed to establishing an innovative corporate culture and improving employee safety. We are promptly responding to the ever-changing industry environment by hiring talent through year-round recruitment, and setting up a system where employees can expand their competencies through regular training. We are also building a culture that promotes creativity andembraces change as a driver of growth. Moreover, we were able to achieve zero fatal accidents at all our
business sites for two consecutive years in 2018, as a result of our world-wide safety and health-related
measures. Lastly, for our community, we are developing and operating programs for creating shared value (CSV) and other ongoing activities, we launched Driving Plus" program in 2019 designed to promote safe driving without fear and other activities developed to create new social values. Furthermore, we are contributing to sustainable development of local communities across the globe by cooperating withPetra World Heritage Site in Jordan.
Even this very moment, we are making utmost efforts to realize the dreams of humankind by creating a
philosophy which all of us at Hyundai pursues. Thanks to your steadfast trust and interest in Hyundai, we
have been able to achieve unprecedented growth and improve the business foundation for becoming aglobal automaker. With deep gratitude, we will pursue sustainable value with unparalleled commitment,
strengthen our fundamental competitiveness, and proactively respond to the changing world. Thank you for driving Hyundai forward to create a future that is remarkable as our past. (Unit: Vehicle sold globally)Company Overview
Since its establishment in 1967, Hyundai has been continually challenging itself to take on new possibilities as a lifetime partner that provides its customers with new experiences and values. As a global brand that represents Korea, we will develop innovative technology to take a quantum leap forward, thereby leading changes in the automotive industry.Corporate Information
Credit
Ratings
Korea Ratings: AAA
NICE Investors Service: AAA
Korea Investors Service: AAA
Moody"s: Baa1
S&P: BBB+
No. of
Employees
123,921 persons
CEOsMong Koo Chung,
Euisun Chung, Won Hee Lee,
Eon Tae Ha
Company
NameHyundai Motor Company
Type of
Business
Manufacturing business (Production and sales of automobiles)Production4,635,356 units
Sales RevenueKRW 96,812.6 billion
Total AssetsKRW 180,655.8 billion
Date of
Establishment
(IPO)December 29, 1967(June 28, 1974)
Global Production and Sales in 2018
(Unit: Vehicle) Korea721,078
Overseas
3,868,121 Sales
4,589,199
Korea1,747,837 Production
4,635,356
Overseas
2,887,519
Number of Employees as of 2018
123,921Total
(Unit: Person)ȹɁȸȿȥKorea
69,755Overseas54,1661234
5 1North America11,332
2Europe9,745
3China18,132
4India 9,323
5Others5,634
315,507
Sonata577,662
Tucson
362,315
Accent
282,682
Santa Fe
004 Introduction2. 2018 Highlights 3. M ateriality Report 4. Sustainability Performance5. Appendices2019 Sustainability Report
* As of the end of 2018702,497
Elantra (Avante)
13148 1112
18 16 1517
28
20 2829
19 109
21
22
23
26
25
24
40
35
3233
34
36
37
38
39
31
51
52
45
44
48
47
43
46
53
54
56
57
60
59
42
61
2 1 3 4 5 6 7 49
50
55
58
Europe
Middle East &
Africa
North America,
Central &
South America
Hyundai operates production plants, technology research institutes, and design centers in approximately 200 countries. * As of May, 2019 1Namyang Technology Research Center /
Namyang Design Center
3Environmental Technology Center
4Namyang Technology Research Center Proving Ground
5Hyundai Motor Ulsan Plant
6Hyundai Motor Asan Plant
8Hyundai Motor Group China (HMGC)
10 Hyundai Motor Technology & Engineering Center (China) 11Sichuan Hyundai Motor Company (CHMC)
12 Sichuan Hyundai Product Development Research Center 13Hyundai Motor Japan R&D Center Inc. (HMJ R&D)
14Hyundai Motor Japan (HMJ)
15Hyundai Motor India Headquarters (HMI HQ)
16Hyundai Motor India Engineering Pvt. Ltd. (HMIE)
17Hyundai Thanh cong Commercial Vehicle (HTCV)
18Hyundai Thanh cong Hyundai Motor Vietnam (HTMV)
19Hyundai Motor Company Australia (HMCA)
21Hyundai Top Selection Used Car Co
24Hyundai Motor Tooling Shandong CO., LTD
27Genesis Motor China (GMC)
28Hyundai Motor CV Africa & Middle East Regional Headquarter 29
Hyundai Motor Africa & Middle East Headquarters
30Africa & Middle East Quality Center
31Hyundai Motor Europe Headquarters (HME HQ)
32Hyundai Motor Manufacturing Czech (HMMC)
34Hyundai Motorsport GmbH (HMSG)
35Hyundai Motor Company Italy (HMCI)
36Hyundai Motor Deutschland GmbH (HMD)
38Hyundai Motor France (HMF)
39Hyundai Motor Europe Technical Center GmbH (HMETC) / Hyundai Europe Design Center (HEDC) 40
Hyundai Motor Poland (HMP)
41Hyundai Motor Espana, S.L. (HMES)
42Hyundai Motor Netherlands b.v (HMNL)
43Hyundai Motor Commonwealth Independent States (HMCIS) 44
Hyundai Motor Manufacturing Russia (HMMR)
45Hyundai Truck and Bus Rus (HTBR)
46Hyundai Assan Otomotiv Sanayi (HAOS)
47Hyundai Motor Russia & CIS Headquarters (HMR&CIS HQ) 49
Europe Quality Center
50Hyundai Motor North America Headquarters (HMNA HQ) 51
Hyundai Auto Canada (HAC)
52Hyundai America Technical Center Inc. (HATCI)
53Hyundai Motor Manufacturing Alabama (HMMA)
54CV Central & South America Regional Headquarters
55Hyundai Motor de Mexico (HMM)
56HYundai Prccision MEXico (HYMEX)
57Hyundai Translead (HT)
58Hyundai America Technical Center Inc. (HATCI California Proving Ground) 59
Hyundai Motor America (HMA)
60Hyundai Design Center America
61Hyundai Motor Central & South America Headquarters 62
41
27
0051. Introduction2. 2018 Highlights 3. Materiality Report 4. Sustainability Performance5. Appendices
302019 Sustainability Report
The spirit and values that have driven Hyundai Motor Group are defined by three key phrases: unlimited sense of responsibility",
realization of possibilities", and respect for humankind". Based on these values, Hyundai established a management philosophy to
realize the dreams of humankind by creating a new future through ingenious thinking and continuously challenging new frontiers".
Unlimited sense of responsibility
Realization of possibilities
Respect for humankind0061. Introduction2. 2018 Highlights 3. Materiality Report 4. Sustainability Performance5. Appendices
2019 Sustainability Report
GlobalityPeopleCollaboration Challenge Customer
Core Values
Vision
Lifetime partner in automobiles and beyond
Partner for lifetime
Provide brands,
products, and services that cater to our customer at all stages of their livesPartner for everyday life
Provide services at all
stages of the ownership process to ensure the best customer experiencePartner for happiness
as a space for comfort and pleasure, and pursue innovation in eco-friendly and IT technologiesManagement Philosophy
Realize the dreams of humankind by creating a new future through ingenious thinking and continuously challenging new frontiers Realization of possibilitiesRespect for humankindUnlimited sense of responsibility Pursuing sustainable growth with a sense of responsibility towards employees, suppliers, and their families Pursuing the highest quality, to be responsible for the safety and happiness of customers DNA that strives for unlimited growth and advancement Entrepreneurship that enables us to break out of our comfort zone and to take risks Creating real value by turning small possibilities into real achievementsImproving living conditions by providing products and services of the highest quality to the greatest number of people
Being proactive in tackling environmental issues
Contributing to the global community by sharing our success We have selected five core values to practice our management philosophy and core values were created by identifying the unique characteristics embedded in the mindset of our employees that have contributed to our success, and then adding to that a set of values that will act as guidelines for the future for everyone at the company. The five core values will guide not only our business operations but also the decision-making and daily work lives of our people. They will also help us develop a strong sense of community among our employees, and provide a basis forsustainable growth.We have set our core vision to become a Lifetime partner in automobiles and beyond", in which we are ȥa new space for a better life by creating the best in mobility through customer-centered, eco-friendly, innovative technology and comprehensive services.
Customer
We promote a customer-driven corporate culture by providing the best quality and impeccable service with all of our efforts aimed at satisfying our customers.Globality
We respect the diversity of cultures and customs, aspire to be the world"s best at what we do, and strive to become a respected global corporate citizen.Challenge
We refuse to be complacent, embrace every opportunity for greater challenge,Collaboration
We create synergy through a sense of togetherness" that is fostered by mutual communication and cooperation within the company and with our business partners.People
We believe that the future of our organization lies in the hearts and capabilities of individual members and will help them develop their potential by creating a corporate culture that respects talent.Providing the
best customer experience Service innovation across all customer contact pointsEnsuring perfect quality
Improving brand value
Developing human-centered technology for the futureFinding
new growth opportunities Launching localized strategic models, and improving sales channels Expanding and strengthening the materials and parts industries Developing eco-friendly cars, green technology, and new materialsOptimizing
global operation Realizing smart scale"quotesdbs_dbs1.pdfusesText_1[PDF] hmb effet secondaire
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