ESG 透明鏈條，現代動起來了

隨著永續發展與倫理治理已成全球產業轉型的戰略核心，現代汽車（Hyundai）正加速深化其 ESG（環境 Environmental、社會 Social 與治理 Governance）戰略，展開一系列旨在提升供應鏈責任透明度的行動。最新舉措包括要求主要供應商揭露「負責任礦產」的開採來源與礦區位置，強化對電動車（EV）電池原物料的全生命週期管理。

As sustainable development and ethical governance have become the strategic core of global industrial transformation, Hyundai is accelerating the deepening of its ESG (Environmental, Social and Governance) strategy and launching a series of actions aimed at improving the transparency of supply chain responsibility. The latest measures include requiring major suppliers to disclose the mining sources and locations of "responsible minerals" and strengthening the full life cycle management of electric vehicle (EV) battery raw materials.

此舉不僅是對企業道德風險的回應，更反映出 ESG 已從傳統企業社會責任（CSR）的附屬項目，轉變為核心營運模式的重新構築。企業若要在當前的氣候危機與社會審視浪潮中維持競爭力，必須重新審視其生產與採購體系中每一個節點的責任足跡。

This move is not only a response to corporate moral hazard, but also reflects the transformation of ESG from a subsidiary project of traditional corporate social responsibility (CSR) to the re-construction of core operating models. If companies want to remain competitive amid the current climate crisis and social scrutiny, they must re-examine their responsible footprint at every point in their production and procurement systems.

報告壓力與監管威脅並行 現代 ESG 體系轉向更高透明度

自 2022 年起，現代每年發布《衝突礦產報告》，展現其對道德採購的初步承諾。過去報告集中於 3TG 礦產（錫、鉭、鎢、金），這些礦產長期被視為剝削勞工與資助武裝衝突的象徵。然而，隨著全球電動車市場迅速擴張，鋰、鈷、石墨與銅等電池關鍵金屬成為 ESG 爭議新焦點，相關礦區如剛果、印尼、南美洲鋰三角，頻傳勞動剝削、環境破壞與原住民權益衝突等問題。

Reporting pressure parallels regulatory threats as the modern ESG system moves towards greater transparency

Starting in 2022, Hyundai will publish the Conflict Minerals Report annually to demonstrate its initial commitment to ethical sourcing. Past reports have focused on the 3TG minerals (tin, tantalum, tungsten, gold), which have long been seen as symbols of labor exploitation and financing of armed conflict. However, with the rapid expansion of the global electric vehicle market, key battery metals such as lithium, cobalt, graphite, and copper have become the new focus of ESG controversy. Issues such as labor exploitation, environmental damage, and conflicts with indigenous rights have frequently been reported in related mining areas such as Congo, Indonesia, and the South American Lithium Triangle.

現代於 2024 年遭國際特赦組織（Amnesty International）點名，在全球 13 家電動車製造商中，其人權盡職調查排名僅列第 11，遠低於業界先行者如特斯拉與BMW，促使現代加速調整 ESG 優先事項。

ESG 不只是風險控管，更是未來資本流向關鍵

在資本市場上，ESG 表現已成為企業能否獲得長期資金支持的核心依據之一。全球最大資產管理機構如貝萊德（BlackRock）、挪威主權基金等，皆已設定 ESG 評級門檻，不符合者將面臨撤資或融資困難。對現代汽車而言，確保其供應鏈符合國際 ESG 準則，不只是法遵（compliance）問題，更是獲取戰略資源與資金的生存策略。

Hyundai was named by Amnesty International in 2024. Among the 13 electric vehicle manufacturers in the world, its human rights due diligence ranking was only 11th, far lower than industry pioneers such as Tesla and BMW, prompting Hyundai to accelerate the adjustment of ESG priorities.

ESG is not only risk control, but also the key to future capital flows.

In the capital market, ESG performance has become one of the core basis for whether a company can obtain long-term financial support. The world's largest asset management institutions, such as BlackRock and the Norwegian sovereign fund, have set ESG rating thresholds. Those who do not comply will face divestment or financing difficulties. For Hyundai Motor, ensuring that its supply chain complies with international ESG standards is not only a compliance issue, but also a survival strategy to obtain strategic resources and funds.

此外，美國《維吾爾強迫勞動防制法》（UFLPA）與歐盟即將上路的《企業永續盡職調查指令》（CSDDD），也將 ESG 從「自願揭露」推進至「強制合規」時代。企業若未能證明其產品與供應鏈不涉強迫勞動，將面臨重罰、禁運甚至跨境訴訟風險。

轉型挑戰下的主動策略：ESG 為產業再造設計藍圖

面對這波 ESG 法規風暴與公眾壓力，現代選擇主動出擊。透過擴大礦產追溯制度、建立供應商稽核標準、導入區塊鏈等追蹤技術，現代試圖建構一個能夠支撐永續製造的責任鏈條。不只是為了避免風險，更為了在未來的淨零經濟（net-zero economy）中占據領先地位。

In addition, the Uyghur Forced Labor Prevention Act (UFLPA) in the United States and the upcoming Corporate Continuous Due Diligence Directive (CSDDD) in the European Union will also advance ESG from "voluntary disclosure" to the era of "mandatory compliance". If companies fail to prove that their products and supply chains do not involve forced labor, they will face the risk of heavy fines, embargoes and even cross-border litigation.

Proactive strategies under transformation challenges: ESG design blueprint for industrial reengineering

Facing this wave of ESG regulations and public pressure, Hyundai chose to take the initiative. By expanding the mineral traceability system, establishing supplier audit standards, and introducing tracking technologies such as blockchain, Hyundai is trying to build a responsibility chain that can support sustainable manufacturing. Not just to avoid risks, but also to take a leading position in the future net-zero economy.

這種以 ESG 為導向的轉型，不再僅是「做對的事」，而是一套兼顧永續競爭力、聲譽韌性與市場準入的新商業邏輯。如同國際能源總署（IEA）所言：「在低碳轉型中，礦產供應鏈的倫理性與透明性，將成為能源安全的新支柱。」

This ESG-oriented transformation is no longer just about “doing the right thing”, but a new business logic that takes into account sustainable competitiveness, reputational resilience and market access. As the International Energy Agency (IEA) said: "In the low-carbon transition, the ethics and transparency of the mineral supply chain will become the new pillars of energy security."

結語：從合規走向價值創造的 ESG 新時代

Conclusion: A new era of ESG from compliance to value creation

現代汽車擴大「責任礦產」追溯範圍，不僅反映出 ESG 的壓力來源日益多元與制度化，更顯示企業正在從合規導向，邁向以 ESG 為核心的價值創造模式。未來，企業若想在全球綠色轉型大潮中脫穎而出，不僅要能減碳，更要能「減害」與「增益」，為環境與社會帶來正向影響。

Hyundai Motor's expansion of the traceability scope of "responsible minerals" not only reflects the increasingly diverse and institutionalized sources of ESG pressure, but also shows that companies are moving from a compliance orientation to a value creation model with ESG as the core. In the future, if companies want to stand out in the global green transformation, they must not only reduce carbon emissions, but also "reduce harm" and "gain" to bring positive impacts to the environment and society.