Hyundai Rotem scores higher in global ESG ranking, upgrading from bronze for 1st time

Hyundai Rotem, the rail, defense and industrial plant affiliate of the Hyundai Motor Group, has received a Silver Medal from global ESG rating agency EcoVadis, the company announced Thursday. It is the first time the company has reached that tier, marking a one-grade improvement from the Bronze Medal it held for four consecutive years from 2022 through 2025. EcoVadis — which assesses more than 130,000 companies across 180 countries on environmental, social and governance (ESG) performance — awards the Silver Medal to companies ranking in the top 15 percent of all assessed firms. The agency evaluates companies across four themes: environment, labor and human rights, ethics and sustainable procurement. Hyundai Rotem improved its scores across all four categories year-on-year. The company said its Transparent Management Committee, an internal governance body composed entirely of outside directors that has operated since 2020, contributed positively to its ethics score. The committee reviews intergroup transactions, fair trade compliance and shareholder protection matters, and publishes