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HYUNDAI AUTO GROUP ESTABLISHES SOCIAL RESPONSIBILITY CHARTER

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- Hyundai-Kia Automotive Group’s Corporate Social Responsibility committee crystallizes its core values
- Group announces its activities over the past year, hiring plans for year ahead

(Seoul, Korea)  Hyundai-Kia Automotive Group (HKAG), which makes up the world’s fifth-largest automaker, announced a Social Responsibility Charter to strengthen its Corporate Social Responsibilities (CSR) in business practices.

HKAG established the Social Responsibility Charter at this year’s CSR Committee meeting which was held today at the group’s headquarters in Seoul. The committee decided to launch the ‘Corporate Social Responsibility Vision 2020’ next year, which will present specific and concrete CSR plans for the company, and agreed all employees of Hyundai Motor Company and its affiliates should take part.

Moreover, HKAG also announced its comprehensive plan for creating new jobs and nurturing leaders of tomorrow.

Establishment of Hyundai-Kia Social Responsibility Charter
HKAG’s Social Responsibility Charter was established today to share the group’s specific vision of the future that harmonizes trust-based management, environmental management and social contributions. The charter carries the group’s core values and the philosophy that encompasses the corporate mindset, the working principle and the mid- to long-term business strategy.

The HKAG’s charter specifies its primary vision and role of strengthening CSR activities through developing a sustainable relationship with shareholders, customers, employees, suppliers and community members.

‘Corporate Social Responsibility Vision 2020’
Through the establishment of the ‘Corporate Social Responsibility Vision 2020’ (CSRV2020) next year, HKAG will guide employees through the new market environment in the post-global economic crisis era.

CSRV 2020 will be carried out in a systematic manner based on successful and unsuccessful case studies of each and every HKAG employees’ own experiences, as well as the history of the Korea automotive industry. At the same time, Hyundai Motor and its affiliates will complete a new mid- to long-term management road map and reflect them to the CSRV 2020.

Creating New Jobs
HKAG also approved its comprehensive plans for creating new jobs at today’s meeting.  According to the plan, the group will create 4,000 new jobs and hire 1,000 interns, in addition to the 300 interns it hired earlier this year.

In addition, the automotive group will again send 1,000 volunteer students overseas by the end of this year. HKAG formed the ‘Happy Move Global Young Volunteers’ last year and successfully sent 1,000 university students to five countries, including China, India, Turkey, Slovakia and Thailand to do volunteer work in areas related to the environment, local welfare, medicine and culture.

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