KIA has been named among the world’s most sustainable companies of 2024 by TIME magazine.
TIME Magazine collected a roster of over 5,000 of the world’s largest and most influential companies, and then partnered with data firm Statista to develop a methodology to assess sustainability.
Companies were measured on external sustainability ratings. Key criteria included adherence to the UN Global Compact, alignment with the Science Based Targets initiative, inclusion in the S&P Global Sustainability Yearbook, participation in the UNFCCC Race to Zero, and MSCI ESG & SRI evaluations. The final step involved researching various environmental and social Key Performance Indicators (KPIs) from the companies’ Corporate Social Responsibility (CSR) reports.
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“Kia is honoured to be recognised in TIME’s ‘World’s Most Sustainable Companies of 2024’ list,” said Steven Center, COO and EVP of Kia America.
He said: “This accolade reflects Kia’s commitment to electrified vehicles. Kia is driving towards a future where mobility is sustainable, efficient, and accessible to everyone. This distinction from TIME motivates us to further accelerate our efforts in creating a sustainable future for all.”
Kia’s sustainable mobility initiatives are guided by its comprehensive ‘Plan S’ strategy, representing a bold shift for Kia, heavily focusing on electrification. Kia expects to build an EV lineup of 15 models globally by 2027, including the recently revealed EV3.
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