KIA NAMED AMONG TIME MAGAZINE’S WORLD’S MOST SUSTAINABLE COMPANIES OF 2024

Press release

Published July 24th, 2024 - 06:26 GMT

KIA logo

Dubai, United Arab Emirates, July 24, 2024 - Kia is pleased to announce that it has been named among TIME magazine’s “World's Most Sustainable Companies of 2024.”

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 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.

“Kia is honored to be recognized in TIME’s ‘World’s Most Sustainable Companies of 2024’ list,” said Steven Center, COO & EVP, Kia America. “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. “Plan S” represents 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.

See TIME’s full list here: time.com/collection/worlds-most-sustainable-companies-2024/
*The 2025 or newer EV9 all-electric three-row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts.

Background Information

Kia Motors

Kia Motors Corporation is a maker of quality vehicles for the young-at-heart. It was founded in 1944 and is Korea's oldest manufacturer of motor vehicles. As part of the Hyundai-Kia Automotive Group, Kia aims to become one of the world's premier automotive brands.

Kia Motors produce over 1.5 million vehicles a year in 13 manufacturing and assembly operations in eight countries which are then sold and serviced through a network of distributors and dealers covering 172 countries.