Hyundai Capital Europe

Hyundai Capital Europe is a subsidiary of Hyundai Motor Group that provides a range of financial services and solutions, including leasing, lending, and credit options, to support customers and dealerships across Europe.

CCI Score

-69.85

0.05% April 18

Latest Event

Investor Pressure to Address Labour and Human Rights Concerns at Hyundai

Several international investors, led by Sampension, have urged Hyundai's board to address critical labour and human rights issues. The concerns include significant health and safety issues at a Hyundai plant in Georgia and allegations of forced labour involving prison inmates used by subcontractors in Alabama. The letter sent to the chairman calls for improvements in workplace safety, updated supplier codes of conduct, and better overall labour practices.

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Hyundai Capital Europe is currently rated as an Architect.

-60 to -100 CCI Score

Companies in this category are instrumental in designing and executing authoritarian rule. They actively create and implement frameworks that sustain oppressive policies, wielding considerable influence in shaping autocratic systems.

Latest Events

JAN

17

2025

Investor Pressure to Address Labour and Human Rights Concerns at Hyundai
-73.14

Several international investors, led by Sampension, have urged Hyundai's board to address critical labour and human rights issues. The concerns include significant health and safety issues at a Hyundai plant in Georgia and allegations of forced labour involving prison inmates used by subcontractors in Alabama. The letter sent to the chairman calls for improvements in workplace safety, updated supplier codes of conduct, and better overall labour practices.
-80

Labor Relations and Human Rights Practices

March 30

The article details serious labour practices issues, including poor health and safety standards at the Georgia plant, which adversely affect workers’ rights. This negative score reflects the urgency and severity of the critique regarding labor relations and human rights practices.

Sampension urges Hyundai to address labour and human rights issues
-70

Supply Chain Ethics

March 30

The letter also criticizes Hyundai's supply chain practices by highlighting alleged use of prison inmates as labour by subcontractors. This raises concerns regarding ethical sourcing and oversight, contributing to the overall negative evaluation of the company's business practices.

Sampension urges Hyundai to address labour and human rights issues
OCT

16

2024

Hyundai Scores Low on Human Rights in Amnesty Report
-66.55

An Amnesty International report on EV manufacturers revealed that Hyundai received dismally low marks for human rights due diligence—particularly in risk mitigation and remediation measures. The report highlights significant failures in protecting worker rights and Indigenous communities across its supply chain, a pattern that raises serious ethical concerns.
-70

Labor Relations and Human Rights Practices

March 30

Based on the Amnesty report, Hyundai (linked with the broader corporate group) demonstrated poor performance in safeguarding human and worker rights, particularly evidencing minimal risk mitigation and remediation efforts. This lack of adequate human rights practices in its supply chain translates into a significantly negative rating under Labor Relations and Human Rights Practices.

EV giants Hyundai, Mitsubishi worst-ranked in human rights violations: Amnesty report