Hyundai Mobis recently reported that the total purchase payments made to partners over the past three years amounts to approximately 150 trillion won. During the same period, the number of domestic and international partners increased significantly from 3,682 (in 2022) to 4,108 (in 2024). Analysts suggest that the technological innovations and enterprise improvements by Hyundai Mobis, aimed at leading the future mobility market, have manifested in a trickle-down effect, driving mutually beneficial growth within the value chain.
These are the details contained in the 'Sustainability Report 2025' recently published by Hyundai Mobis.
Hyundai Mobis has been publishing annual reports since 2010 to share its sustainable management performance, which encompasses various internal and external management environments such as economic, social, and ESG, focusing on four major mutual growth strategies: strengthening global competitiveness, fostering a culture of co-growth, creating a sustainable environment, and promoting communication and trust.
Hyundai Mobis has invested approximately 7 trillion won in research and development (R&D) over the past five years, striving to enhance competitiveness for becoming a 'global top player' in the future mobility market. Thanks to continuous R&D investment expansion, the cumulative number of patent applications reached 9,155 by last year, with this year expected to surpass 10,000. Despite the electric vehicle chasm and unstable internal and external management environments, the company maintained steady growth both qualitatively and quantitatively, exceeding approximately 57 trillion won in annual revenue last year.
The revenue growth and expansion of Hyundai Mobis, which has emerged as a global leading parts manufacturer, have naturally resulted in a virtuous cycle driving mutual growth with partners. In particular, orders aimed at global automotive manufacturers, apart from its subsidiaries, exceeded $16 billion (approximately 22 trillion won) over the past three years, significantly increasing purchase volumes from domestic and international partners.
Hyundai Mobis has taken further steps to build a mutually beneficial ecosystem by establishing and implementing segmented support policies that cover second- and third-tier partners. The company operates various financial support systems, including the co-growth fund and cooperative loan programs, and provides support for strengthening technological capabilities, such as opening patents free of charge, joint technology development, and development cost support. Additionally, to enhance the sustainability of the entire value chain, various support measures are being implemented, such as carbon reduction/safety equipment installation, ESG consulting, and risk inspections and evaluations.
In the process of preparing this sustainability report, Hyundai Mobis strengthened its procedures and content based on global disclosure standards, including the expansion of ESG disclosure obligations within the market. In accordance with the European Sustainability Reporting Standards (ESRS), a dual materiality assessment that considers the social and environmental impacts of corporate management activities and the effects of social issues on financial performance was thoroughly conducted.
Hyundai Mobis accurately identified stakeholders within the value chain and meticulously documented specific impacts by identifying related risks and opportunities tailored to industry characteristics. Especially, the value-up four key strategies and the shareholder return policy previously disclosed at the CEO Investor Day were introduced in a feature page, further enhancing communication with stakeholders.
The 'Hyundai Mobis Sustainability Report 2025' can be accessed in the sustainability management section on the website.
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