*Code of Conduct
1. Our fundamental responsibilities
-->We aim to
be an internationally respected and trusted company.
The
uncompromising commitment to integrity and discipline
embodied in our “Right Path”
management
philosophy provides the foundation for this.
-->We aim to develop and
grow with each of our stakeholders as we pursue
the continuous innovation and sustainable growth
that
will enhance our corporate value as well as foster
an ethical corporate culture. Our goal is to be
a company
customers want
to do business with, a company investors want
to invest in, and a company people want to work
for.
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2. Our commitment to our customers,
business partners, and competitors
--> We will make customer
value our number-one priority, delivering the
best products and service.
--> We will develop win-win
relationships with our suppliers, guaranteeing
impartial treatment as well as reasonable
terms
and conditions.
-->We will compete
in good faith and respect the principles of fair.
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3. Our commitment to our stockholders and investors
--> We will achieve
solid profitability through transparent decision-making
and effective management.
--> We will increase corporate
value through continuous innovation and sustainable
growth.
--> We will respect the
rights of stockholders and investors and their
expectations to profit from their investments.
We will
provide timely
and full disclosure so they can make informed
investment decisions.
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4. Our commitment to our employees
--> We will respect the creativity
of each individual and provide equal work opportunities
to create an environment where
they
can achieve their full potential
--> We will not discriminate
on the basis of alma mater, birthplace, gender,
age, religion, or any other criteria unrelated
to
job qualifications.
--> We will foster a win-win
corporate culture built on mutual trust and understanding.
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5. Our commitment to local, national, and global communities
--> We will
abide by all national laws and regulations as
a socially responsible corporate citizen.
--> We will respect the
traditions and culture of local communities as
we work to prosper and grow with them
--> We will comply with international
conventions on human rights, the environment,
culture, and trade as well as local
laws
and accounting
standards in every country we operate in.
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*Rules of Conduct
1. Follow sound and fair trading principles
--> Treat all
business contacts with respect, ensuring that
all dealings are performed fairly and equitably
--> Refrain from using your
position of power to seek undue concessions.
--> Avoid doing business with companies
that have been convicted of tax evasion, accounting
fraud, or willful
environmental pollution.
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2. Avoid conflicts of interest
--> Refrain
from peddling or misusing influence as well as
borrowing from or lending to business contacts.
--> Refuse to give or accept
money or valuable gifts. The only exceptions are
for souvenirs and small gifts exchanged
under
generally accepted social practices.
--> Refuse requests for or offers of
dining, entertainment, or other business courtesies
beyond generally accepted social
practices. In
all cases, the policy and standards of the recipient’s
organization must be fully respected.
--> Avoid notifying
business contacts in situations where congratulation
or condolence money would customarily
be
expected. The recommended guideline for these
customary payments is KRW 50,000 or less, and
payments
should
not exceed KRW 100,000 under any circumstance.
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3.Avoid misuse of company
assets or information
--> Refrain from using or
sharing internal information for personal gain.
-->Administer company funds
responsibly and effectively.
-->Avoid using company supplies
and facilities for non-business purposes.
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4. Protect confidential information
--> Scrupulously
protect confidential knowledge and information.
--> Immediately forward
important knowledge and information to appropriate
personnel.
--> Refrain from
distorting facts or disseminating false information.
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5. Create a culture of mutual
trust and respect
--> Avoid offensive verbal,
physical or visual behavior.
--> Respect individual privacy
and avoid assaults on character.
--> Break
down organizational barriers and create an atmosphere
that fosters cooperation.
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6. Respect social norms and reputations
-->
Set the example for volunteer service in local
communities.
--> Avoid any conduct that
might damage the good name and reputation of the
company or fellow employees.
-->
Refrain from using
position to benefit a particular political party
or non-profit organization.
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7.Establish a culture of ethical excellence
--> Adopt the
Code of Conduct as your personal value and conduct
standard.
--> Immediately report violations
of the Code of Conduct by yourself or others to
your supervisor or the Corporate
Ethics Team.
--> Witnesses of ethical
violations will remain confidential and be fully
protected from possible retaliatory action.
--> Code of Conduct
standards may be clarified or added when necessary
to address emerging issues.
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