We do not make an improper solicitation.

No one shall solicit any public official or relevant person performing his or her duties, directly or through a third party, to do any of the following improper acts:

14 types of prohibited improper solicitations

Handling or manipulating admission, grades, or performance tests at schools

Exerting influence over authorization, permission

Intervening in the personnel management such as appointment or promotion

Intervening in selecting or rejecting contract winners

Abnormal transaction practices of goods and services produced and provided by public institutions

Intervening in assessments and judgments

Intervening in the appointment or rejection of a person who will participate decision- making process of public institutions

Intervening in selecting winners of award or prize granted

Excluding subject matter or ignoring discovered vidations of administrative guidance, control, etc

Discosing duty-related information on tender auction, etc

Itevening in assignment or provision of subsidies or investment

Intervening investigation judgment, etc of a case

Handling matters related to military service in violation of Acts

Mitigating or remitting administrative dispositions or punishments

Exceptions

Exceptions to improper solicitations are (a) requesting certain actions in accordance with Acts and standards; (b) publically requesting a certain action; (c) inquiring public institutions on the completion or progress of a certain duty through legitimate procedures and activities.

We do not offer the financial and other advantages.

No one shall offer, promise to offer, or express any intention to offer, any unacceptable financial or other advantage to any public official or relevant person, or to his or her spouse.

Offering & Receiving unacceptiable financial and other advantages means:

Offering & Receiving financial advantages exceeding KRW 1 million at a time or KRW 3 million in a year regardless of duty- relatedness

Offering & Receiving financial advantages not exceeding KRW 1 million in connection with the receiver's duty

A Public official's spouse Offering & receiving proohibited advantages in connection with public official's duty

Offering & receiving an honorarium for an outside lecture exceeding the limits under the Presidential decree

Exceptions

Exceptions are (a) financial advantages provided by close relatives, (b) financial advantages provided by a long- time friend to the public official in need of help due to disease or disaster, or (c) souvenirs or promotional goods distributed to many and unspecified persons.

Compliance Checklist for Anti-Corruption

Relevance of the duties of the public officials

  • Whether the business of the company is related to the duty that the public officials are legally responsible for
  • Whether the business of the company is related to the duties of public officials in charge of the practice
  • Whether the business of the company is related to the work of a public officials who may influence a decision maker
  • Whether the business of the company is closely related to the duties of the public officials under the law

If any of the above items applies, the provision of any financial or other advantages to the public officials in charge is strictly prohibited.

Exceptions

  • Food, the value of which is less than 30,000 won, gift, the value of which is less than 50,000 won, congratulatory or condolence money less than 50,000 won for purposes of social relationships, rituals, or aid
  • Money, goods, etc., provided uniformly in a normally accepted range by an organizer of an official event related to the duties of a public officials, etc. to all participants thereof, in the form of transportation, accommodation, food and beverages, etc.
  • Souvenirs, promotional goods, etc. to be distributed to multiple unspecified persons, or awards or prizes given in a contest, a raffle, or a lottery
  • Money, goods, etc. permitted by the other Acts, subordinate statutes, standards, or societal rules and norms

In the event of such exception, the provision of money or goods to public officials is permitted.

Public officials directly involved in the company's business

  • Public officials handling the company's complaints
  • Public officials responsible for disposing of the company's profits or disadvantages, such as cancellation of authorization, authorization, suspension of business, imposition of fines
  • Public officials responsible for investigating, auditing, supervising, inspecting, regulating, and administering the company
  • Public officials responsible for conscription, and mobilization related to the company
  • Public officials responsible for contracting with the company
  • Public officials who are responsible for making decisions that are beneficial or disadvantageous to the company as a result of policy, business decisions or enforcement

If any of the above items applies, the provision of any financial or other advantages is strictly prohibited.

Compliance Letter

Sang-Joon Park / Ph.D. in Law

Compliance Officer
Compliance to anti-corruption laws is not a discretion, but a strict legal obligation.

The Improper Solicitation and Graft Act, which is better known to us as the Kim Young-ran Act, has been in effect since September 28. The law prohibits improper solicitation and money transfers to public officials. We must meet our standards of conduct for this purpose of legislation. In this article, I would like to explain the Act for directors and employees of the company. As the name implies, this law regulates i) the prohibition of improper solicitation to public officials and ii) the prohibition of providing money for public officials.

Improper solicitation is punished by itself regardless of whether the solicitation is realized or not

First, improper solicitation refers to asking public officials to violate the relevant laws or to handle the affairs outside the status and authority. In this case, if a party makes an affirmative appeal directly to a public officials, the party is not punished, but a public officials who has been asked to do so is punished. However, in the event of improper solicitation through a third party, the person concerned, third party and public officials are all punished. A request made by the Company's directors and employees shall be punished as a third-party request, not as a request by the party. In particular, whether or not the solicitation affected or realized the actual performance of the public official's job, it is punished by the act of improper solicitation itself.

If you offer the financial or other advantages, you will be penalized regardless of whether you are benefiting.

Next, the company's directors and employees shall not provide any money to the public officials in connection with their duties, at which time the consideration will not be questioned. Furthermore, a person shall be punished with criminal penalties if he provides money that exceeds 1 million won at a time or exceeds 3 million won in fiscal year total, regardless of any connection to their duties and regardless of any pretext such as donation, sponsorship, gift, etc. On the other hand, there is no penalty provision for providing money of less than 1 million won at a time and less than 3 million won in each fiscal year, if not related to the duties of public officials. However, we must recognize that the courts have a very wide range of the duties of public officials.
In exceptional cases, however, any of the following shall be allowed to offer to the public officials: ① food, the value of which is less than 30,000 won, gift, the value of which is less than 50,000 won, congratulatory or condolence money less than 50,000 won for purposes of social relationships, rituals, or aid ② money, goods, etc., provided uniformly in a normally accepted range by an organizer of an official event related to the duties of a public officials, etc. to all participants thereof, in the form of transportation, accommodation, food and beverages, etc. ③ souvenirs, promotional goods, etc. to be distributed to multiple unspecified persons, or awards or prizes given in a contest, a raffle, or a lottery. However, it should be noted that the public officials who is directly involved in the job are not allowed to be provided with the money of 30,000 won and 50,000 won as described above. No person shall offer, promise to offer, or express any intention to offer any prohibited money, goods to any public officials or to his/her spouse.

Anti-corruption laws also apply to people other than public officials.

In addition, the public officials who are subject to the Act include employees who work in government offices, public institutions, schools and media companies. Public affairs organizations or public institutions include various state-owned enterprise, researchers, technicians, associations, committees, and national and public hospitals. Therefore, it is necessary to carefully examine whether the other party is a public officials.

Keep in mind that if employees violate the law, the company is also punished.

On the other hand, even if a company employee has a personal relationship with a public officials or a journalist, the company is also punished by law when providing money or improper solicitation. In addition, the profits from the violation of the law are unfair and can be fully recovered by the relevant authorities. Therefore, special attention should be paid to the relationship with the public officials.

An improper solicitation or offer of money must be declared by the public officials.

It should not be misunderstood that a violation of the law will not be a problem or an idea that it will be 'okay' or 'okay' due to the practices, recognition(humanity), and relationship during that time. Because the law provides for a well-prepared reporting system for the public officials. In other words, the public officials are not only motivated to voluntarily report complaints and immunity regulations, but also protect and compensate for other complainants. As the money provider may change their mind and report at any time, it is a reasonable choice to refuse to accept any money or to report voluntarily in the public office.

All employees should act on a higher ethical standards

There are still a lot of controversies about the various requests of public officials and the provision of money, but it is often difficult to judge whether violation of the law is clear. However, there is a greater legal risk if you try to keep the baseline of the law in breach without radically correcting existing practices. Therefore, if there is any suspicion of violation of the law, it is necessary to act on the basis of strict judgment as 'one more step' than the law.

The company applies the principle of zero-tolerance for anti-corruption law violators

The company has already declared through its Code of Ethics and CEO Message that it will apply the principle of zero tolerance to all directors and employees who violate anti-corruption laws. Furthermore, the company makes it clear that it can not justify violations of laws and codes of ethics because of the company's profit or revenue targets. If you do not adhere to the anti-corruption laws, keep in mind that all directors, employees and company can be punished easily, and all directors and employees should be fully aware of the laws and have high ethical standards.

Compliance

2024
2023
2022
2021
2020
2019
2018
2017
2016
~ 2015
  • 11.29
    Conducting training for the employees in charge of disclosure information
  • 10.31
    Confirmation of the results and actions taken by the internal deliberation committee on subcontracting in the 3rd quarter of 2024
  • 10.28
    2024 1st TFT Employee Training for Internal Control System and Conducts operation evaluation
  • 10.25
    Monitoring subcontracting transactions
  • 10.24
    Monitoring related to the Serious Accidents Punishment Act
  • 09.11
    「No Gift」 Campaign for Korean Thanksgiving Day
  • 07.01
    Confirmation of the results and actions taken by the internal deliberation committee on subcontracting in the 2nd quarter of 2024
  • 07.01
    2024 1st Voluntary Compliance Monitoring
  • 06.28
    「2024 1st Anti-corruption Seminar of the working level in Defence Business」 hosted by Defence Acquisition Program Administration
  • 06.19
    Training to prevent cartel for employees in the sales division
  • 04.29
    Implementation of Change Management of Internal Control System
  • 04.17
    Confirmation of the results and actions taken by the internal deliberation committee on subcontracting in the first quarter of 2024
  • 04.15
    Conduct training to improve awareness of the disabled in the workplace
  • 03.22
    Appointment of Compliance Officer by the Board of Directors
  • 03.01
    Implementation of Personal Information Protection Education in 2024
  • 02.22
    Headquarters, Conducts Sexual harassment prevention and Workplace harassment prevention Training
  • 02.06
    「No Gift」 Campaign for Korean New Year's Day
  • 02.01
    Report to the Board of Directors the operation status of internal accounting management system by Internal Accounting Controller
  • 02.01
    Report to the Board of Director on the Compliance Monitoring and Efficacy Testing of Compliance System
  • 01.16
    2023 2nd Conduct operation evaluation of Internal Control System
  • 01.16
    Ethics & Compliance education for the new employees
  • 01.02
    2023 2nd Voluntary Compliance Monitoring
  • 01.02
    Integrity Pledge by all employees
  • 12.29
    Report on the CEO of the results of operation of the Compliance Program in 2023
  • 12.12
    Attend 「Anti-corruption Seminar in Defence Business」 in the second half 2023 hosted by Defence Acquisition Program Administration
  • 11.29
    Conducting subcontracting law training for team leaders at Angang workplaces
  • 11.28
    Conducting subcontracting law training for team leaders at Busan and Ulsan workplaces
  • 10.26
    Conducting training for the employees in charge of disclosure information
  • 10.25
    「2023 2nd Anti-corruption Seminar of the working level in Defence Business」 hosted by Defence Acquisition Program Administration
  • 10.25
    Conduct ethics training for all employees
  • 10.19
    2023 1st TFT Employee Training for Internal Control System and Conducts operation evaluation
  • 09.25
    「No Gift」 Campaign for Korean Thanksgiving Day
  • 09.08
    Conducting subcontracting law training in the purchasing division
  • 07.03
    2023 1st Voluntary Compliance Monitoring
  • 06.27
    Attend 「Anti-corruption Seminar in Defence Business」 in the first half 2023 hosted by Defence Acquisition Program Administration
  • 06.21
    Training to prevent cartel for employees in the sales division
  • 06.01
    Headquarters, Conducts Sexual harassment prevention and Workplace harassment prevention Training
  • 04.26
    Implementation of Change Management of Internal Control System
  • 03.14
    Training related to export of defense goods and technology to employees of overseas sales division
  • 02.28
    Monitoring subcontracting transactions in the 1st quarter of 2023
  • 02.08
    Report to the Board of Directors the operation status of internal accounting management system by Internal Accounting Controller
  • 02.08
    Report to the Board of Director on the Compliance Monitoring and Efficacy Testing of Compliance System
  • 01.26
    Ethics & Compliance education for the new employees
  • 01.18
    「No Gift」 Campaign for Korean New Yea's Day
  • 01.16
    2022 2nd TFT Employee Training for Internal Control System and Conducts operation evaluation
  • 01.02
    Integrity Pledge by all employees
  • 01.02
    2022 2nd Voluntary Compliance Monitoring
  • 12.13
    Report on the CEO of the results of operation of the Compliance Program in 2022
  • 11.14
    Conduct ethics training for all employees
  • 10.20
    2022 1st TFT Employee Training for Internal Control System and Conducts operation evaluation
  • 10.05
    Ethics & Compliance education for the experienced employees
  • 09.06
    「No Gift」 Campaign for Korean Thanksgiving Day
  • 07.26
    Production and distribution of the Compliance Manual(Fair Trade part, Subcontrating Transaction part)
  • 07.25
    Monitoring subcontracting transactions in the 3rd quarter of 2022
  • 07.01
    2022 1st Voluntary Compliance Monitoring
  • 06.10
    Attend 「2022 Anti-corruption Seminar in Defence Business」 hosted by Defence Acquisition Program Administration
  • 06.01
    Headquarters, Conducts Sexual harassment prevention and Workplace harassment prevention Training
  • 05.25
    Held anti-collusion training for 22nd year
  • 05.03
    Information and training on the monitoring results of subcontracting transactions in the 2nd quarter of 2022
  • 04.28
    Attended 2022 1st session of 「The Public-Private Council for Anti-corruption in National Defence」 hosted by Ministry of National Defence
  • 04.25
    Implementation of Change Management of Internal Control System
  • 04.08
    Monitoring subcontracting transactions in the 2nd quarter of 2022
  • 04.01
    Establishment of regulations for the operation of Compliance Programs
  • 02.23
    Ethics & Compliance education for the experienced employees
  • 02.14
    Conducting personal information protection education
  • 02.08
    Appointment of a Fair Trade Compliance Officer by the Board of Directors
  • 02.08
    Report to the Board of Directors the results of Compliance Monitoring by Compliance Officer
  • 01.26
    「No Gift」 Campaign for Korean New Year's Day
  • 01.15
    2021 2nd TFT Employee Training for Internal Control System and Conducts operation evaluation
  • 01.03
    2021 2nd Voluntary Compliance Monitoring
  • 01.03
    Integrity Pledge by all employees
  • 11.25
    Attend 「2021 Anti-corruption Seminar in DefenceBusiness」hosted by Defence Acquisition Program Administration
  • 11.12
    Attended 2021 2nd session of 「The Public-Private Councilfor Anti-corruption in National Defence」 hosted by Ministry of National Defence
  • 10.20
    2021 1st TFT Employee Training for Internal Control System and Conducts operation evaluation
  • 10.01
    Compliance Education for the prevention of unfair stock trading from Korea Exchange
  • 09.28
    Anti-Corruption education for the all employees
  • 09.15
    「No Gift」 Campaign for Korean Thanksgiving Day
  • 09.14
    Training to 「the Critical Disaster Punishment Act」 for executives
  • 09.09
    Attend 「2021 1st the Workong level meeting of Anti-corruption Seminar in Defence Business 」hosted by Defence Acquisition Program Administration
  • 07.05
    Attend 「2021 2st Anti-corruption Seminar in Defence Business」hosted by Defence Acquisition Program Administration
  • 07.01
    2021 1st Voluntary Compliance Monitoring
  • 06.10
    Conduct legal consulting in compliance with environmental laws and regulations
  • 06.01
    Headquarters, Conducts Sexual harassment prevention and Workplace harassment prevention Training
  • 05.20
    Response to Internal Control System change management
  • 05.01
    Organized TFT related to the response to the Serious Disaster Punishment Act and conducted consulting
  • 03.26
    Appointment of Compliance Officer by the Board of Directors
  • 03.22
    Attend 「2021 1st Anti-corruption Seminar in Defence Business」hosted by Defence Acquisition Program Administration
  • 02.08
    Report to the Board of Directors the results of Compliance Monitoring by Compliance Officer
  • 02.08
    Report to the Board of Directors the operation status of Internal Accounting Management System by Internal Accounting Controller
  • 02.08
    「No Gift」 Campaign for Korean New Year's Day
  • 01.06
    Intergrity Pledge by all director and employees
  • 01.04
    2020 2nd Voluntary Compliance Monitoring
  • 12.18
    Attended 2020 3rd session of 「The Public-Private Council for Anti-corruption in National Defence」 hosted by Ministry of National Defence
  • 10.26
    2020 1st TFT Employee Training for Internal Control System and Conducts operation evaluation
  • 09.28
    No Gift」 Campaign for Korean Thanksgiving Day
  • 09.25
    Attended 2020 2nd session of 「The Public-Private Council for Anti-corruption in National Defence」 hosted by Ministry of National Defence
  • 09.16
    Training to prevent cartel for employees in the sales division
  • 09.01
    Revision of Practical Guideline for Code of Ethics
  • 07.01
    2020 1st Voluntary Compliance Monitoring
  • 06.26
    Training on fair transaction in subcontracting for employees of business partners in Ulsan
  • 05.01
    Compliance Education for the prevention of unfair stock trading from Korea Exchange
  • 02.13
    2019 1Q Compliance Monitoring of subcontract
  • 02.05
    Report to the Board of Directors the operation status of internal accounting management system by Internal Accounting Controller
  • 02.05
    Report to the Board of Directors the results of Compliance monitoring by Compliance Officer
  • 01.31
    Conclude a Fair Trade Agreement(including anti-corruption) with Business Partners
  • 01.15
    「No Gift」 Campaign for Korean New Yea's Day
  • 01.13
    2019 2nd TFT Training for Internal Control System and Conducts operation evaluation
  • 01.06
    2019 2nd Voluntary Compliance Monitoring
  • 01.03
    Ethics & Compliance education for the new employees
  • 01.02
    Intergrity Pledge by all director and employees
  • 01.02
    Intergrity Ceremony for New Year at all business site(plant)
  • 11.21
    Attend 「2019 Anti-corruption Seminar in Defence Business」hosted by Defence Acquisition Program Administration
  • 11.19
    Training to prevent cartel for employees in the sales division
  • 11.04
    Dissemination of the Guidelines for prevention of cartel
  • 10.31
    Attend the Public-Private Council for Anti-Corruption in National Defence organized by the Ministry of National Defence
  • 10.28
    TFT Employee Training for Internal Control System and Conducts operation evaluation
  • 09.25
    Anti-Corruption education for the all employees
  • 09.06
    Check up product market structure and competition status to prevent cartel
  • 09.02
    「No Gift」 Campaign for Korean Thanksgiving Day
  • 08.19
    Attend in-house instructor training to enhance cartel prevention education
  • 08.05
    Survey on the employee's awareness of cartel and cartel preventive education for company's officer
  • 07.30
    Report to the Audit Committee the results of compliance monitoring performed under the Continous Monitoring System
  • 07.08
    Attended 2019 2nd session of 「The Public-Private Council for Anti-corruption in National Defence」 hosted by Ministry of National Defence
  • 07.01
    2019 1st half Voluntary Compliance Monitoring
  • 06.26
    Participating in the Public-Private Council for Anti-corruption in Defence Business organized by Defence Acpuisition Program Administration
  • 05.07
    Monthly Compliance Notice through Pop-up window (CEO message, Compliance Guideline, Etc)
  • 05.
    TFT Employee Training for Internal Control System and conducts Preliminary operation evaluation
  • 05.
    Conducts the identification of 2019 the corruption risks in the business area
  • 04.19
    Headquarter, Preventive education of sexual harassment on the job for all employees
  • 04.18
    Ulsan Plant, Preventive education of sexual harassment on job for all employees / Training to improve employees' awareness of disabled persons to eliminate bias in the workplace towards disabled persons
  • 03.28
    Attended 2019 1st Defense Business Compliance Support Council
  • 03.22
    Participating in the Public-Private Council for Anti-Corruption in National Defense organized by the Ministry of National Defense
  • 02.27
    Signing Ceremony for a Fair Trade Agreement(including anti-corruption) with Business Partners
  • 01.31
    Report to the Board of Directors the results of compliance monitoring by Compliance Officer
  • 01.31
    Report to the Board of Directors the operation status of internal accounting management system by Internal Accounting Controller
  • 01.11
    2018_2nd half Voluntary Compliance Monitoring
  • 01.10
    Ethics & Compliance education for the new employees
  • 01.10
    User Training for Internal Control System
  • 01.02
    Integrity Pledge by all directors and employees
  • 01.02
    Integrity ceremony for New Year at all business site(plant)
  • 12.17
    Establishment of Continuos Monitoring System based on ERP (Enterprise Resource Planning) system, etc. through external expert consulting to prevent anti-corruption risk
  • 12.17
    Redesign and update Internal Control System through external expert consulting to prevent anti-corruption risk
  • 11.23
    The Comprehensive Counsellor Training Course for the prevention of sexual harassment, sexual violence, and prostitution for the grievance counsellor (company staff)
  • 11.14
    Training to improve employees' awareness of disabled persons to eliminate bias in the workplace towards disabled persons
  • 11.14
    Information security training in headquarter
  • 11.06
    2018 Defense Industry Anti-Corruption Seminar hosted by Defense Acquisition Program Administration
  • 09.19
    Attended 3rd of 2018 Defense Business Compliance Support Council
  • 07.25
    Anti-Corruption education for the all employees by former prosecutor
  • 07.25
    Preventive education of sexual harassment on job for all employees
  • 07.12
    Compliance Education for the prevention of unfair stock trading from Korea Exchange
  • 07.06
    Attended Corporate Integrity Forum hosted by Korea Defense Industry Association and Transparency International Korea Network
  • 07.
    2018_1st half_Voluntary Compliance Monitoring
  • 07.
    Compliance Consulting for the prevention of unfair stock trading from Korea Exchange
  • 06.28
    Attended 2nd of 2018 Defense Business Compliance Support Council
  • 06.28
    Attended UK Defence Industry Benchmarking Project Briefing Seminar hosted by UN Global Compact Korea Network
  • 06.01
    Establishment and enforcement of the sexual harassment prevention regulations
  • 05.28
    Reporting to the Top Management Meeting on the prevention and measures for sexual harassment
  • 03.21
    Sexual Harassment Survey at Work
  • 03.16
    Report to the Board of Director on the Compliance Monitoring and Efficacy Testing of Compliance System
  • 03.08
    Attended 1st of 2018 Defense Business Compliance Support Council
  • 03.07
    Participation in anti-corruption pledge ceremony hosted by Fair Player Club
  • 02.01
    Signed fair trade agreement with suppliers
  • 02.01
    Fair Trade Agreement with 47 Company (Subcontractor)
  • 02.01
    2018 Poongsan – Partner Company Fair Trade Signing Ceremony
  • 01.30
    Ethics & Compliance education for the new employees
  • 01.
    2017_2nd half Voluntary Compliance Monitoring
  • 01.
    Integrity Pledge by all employees
  • 01.02
    Integrity ceremony for New Year at all business site(plant)
  • 12.20
    Attended Fair Player Club anti-corruption seminar hosted by UN Global Compact/dd>
  • 11.30
    2017 Defense Industry Anti-Corruption International Conference hosted by Defense Acquisition Program Administration
  • 11.21
    Attended Fair Player Club anti-corruption seminar hosted by UN Global Compact
  • 09.19
    Preventive education of sexual harassment on job for all employees
  • 08.11
    Attended the 4th Defense Business Compliance Support Conference in 2017
  • 06.22
    Attended Fair Player Club anti-corruption seminar hosted by UN Global Compact
  • 05.23
    Attended 3rd of 2017 Defense Business Compliance Support Council
  • 03.17
    Attended 2nd of 2017 Defense Business Compliance Support Council
  • 02.24
    Participation in anti-corruption pledge ceremony hosted by Fair Player Club
  • 02.09
    Participation In-depth workshop on ISO 37001 self-assessment evaluation and managing the third party risk hosted by UN Global Compact Network Korea, British Embassy Seoul and bsi
  • 02.09
    Report to the Board of Director on the Compliance Monitoring and Efficacy Testing of Compliance System
  • 01.20
    Attended 1st of 2017 Defense Business Compliance Support Council
  • 01.19
    Participation in ISO 37001 Self-assessment workshop
  • 01.13
    Attended Anti-Corruption Benchmarking Seminar 2
  • 01.
    Enforcement of Policy on the Conflict of Minerals
  • 01.
    2016_2nd half Voluntary Compliance Monitoring
  • 01.
    Integrity Pledge by all employees
  • 01.02
    Integrity ceremony for New Year at all business site(plant)
  • 12.20
    Join defense business compliance support council
  • 12.
    Anti-Corruption Law Compliance Statement on the 2017 Company Diary
  • 12.06
    Participation In-depth workshop on bribery red flag & risk assessment
  • 11.10
    Attended Anti-Corruption Benchmarking Seminar 1
  • 10.
    Anti-Corruption Law employee training in Busan Plant
  • 10.
    Anti-Corruption Law employee training in Ulsan Plant
  • 10.
    Anti-Corruption Law employee training in Angang Plant
  • 10.
    Anti-Corruption Law employee training in Daejeon R&D Center
  • 10.
    Anti-Corruption Law Compliance Statement on the Company Newsletter
  • 09.30
    Circular on Anti-Corruption Compliance
  • 09.
    Anti-Corruption Law employee training in Headquarter
  • 09.01
    Identify cases within the company for the anti-corruption law
  • 07.22
    Join the Fair Player Club
  • 07.18
    Announcement of code of conduct on the Anti-Corruption
  • 07.
    2016_1st half_Voluntary Compliance Monitoring
  • 05.26
    Participation in signing ceremony for Memorandum of Understanding on creating an integrity ecosystem among the Anti-Corruption and Civil Rights Commission, Defense Acquisition Program Administration, and Korea Defense Industry Association
  • 03.18
    Integrity Pledge by BODMembers
  • 02.01
    Homepage renewal for ethical management
  • 01.
    2015_2nd half Voluntary Compliance Monitoring
  • 01.
    Integrity Pledge by all employees
  • 2015.11.01
    Enactment of Compliance Guideline Operating Manual
  • 2015.11.01
    Amendment the Practical Guideline of Code of Ethics
  • 2012.05.23
    Enforcement of Conflict of Interest Guideline
  • 2012.04.15
    Enactment of Compliance Guideline
  • 2008.02
    Enforcement of Fair Trade Compliance Program
  • 2007.02.01
    Declaration of Ethics, Enactment of Code of Ethics and Practical Guideline of Code of Ethics

Cyber Newspaper

Transparent and fair, ethical management

  • User guide
  • Report
  • Check Status of Report
  • User guide

    Poongsan Group's Cyber Reporting System accepts reports on ethics violations by the company and its employees. Your proactive reporting will serve as a foundation for fostering a more transparent and fair organizational culture within our company.

    What to report:

    Misconduct, corruption, bribery, and acceptance of improper gifts by employees whilst in the course of their duties

    Illegal or improper use of company assets

    Actions that damage the company's image and reputation

    Actions that harm organizational culture, such as unfair directives and harassment

    Any other actions that violate ethical standards and norms

    Reporting Method
    and Procedure

    Online Submission: Submit your report through Poongsan Group's Cyber Reporting System on our official website.

    Email: Send your report to the designated ethics compliance email address.

    Hotline: Call the dedicated ethics hotline to report violations.

    Mail: Send a detailed report to our corporate ethics office via mail.

    Procedure :
    (1) Receipt of Report: Upon receiving the report, an acknowledgment of receipt will be sent to the reporter.
    (2) Preliminary Review: The report will undergo a preliminary review to determine the validity and scope of the issue.
    (3) Investigation: A thorough investigation will be conducted by the ethics compliance team.
    (4) Resolution: Based on the findings, appropriate actions will be taken, which may include disciplinary measures or policy changes.
    (5) Feedback: The reporter will be informed of the investigation outcome, ensuring confidentiality and the protection of their identity throughout the process.

    Email sdkim@poongsan.co.kr

    Postal address Audit Div. Poongsan Holdings, 16th Floor, Poongsan Building, 23 Chungjeong-ro, Seodaemun-gu, Seoul 03737

    Telephone +82-2-3406-5303

    Whistleblower protection

    Confidentiality: The identity of the whistleblower and the content of the report will be kept confidential.

    Protection from Retaliation: Whistleblowers will not face any disadvantages or retaliation as a result of their report.

    Consideration for Self-Reporting: If the whistleblower reports corruption or misconduct related to themselves, leniency may be considered.

    Data Security: All information provided to the Cyber Reporting System is securely managed on a separate server to protect the whistleblower’s identity, with only minimal information (name, email, phone number) required.

    Data Handling: All personal information is handled and disposed of in accordance with the Personal Information Protection Act.

    ※ Please note: while submissions can be made in writing or via telephone, we strongly encourage using the website

  • Report

    Subject of report
    Place of business and relevant manager
    Contents of Report
    Subject *
    Type of report *
    Contents of Report *
    Attached file
    Identity
    I wish to report anonymously
    Name *
    E-mail *
    Tel *
    Create password *

    * must contain eight or more characters, including letters, numbers, and special characters

    Confirm password *

    Collection of personal information and Terms of Use

    Purpose of collection/scope/purpose of use of personal information

    1. We collect the minimum amount of information required to carry out the duties of the cyber reporting system.
    We require the ability to collect and use your personal information in order to facilitate consultation and reply service

    2. Items of personal information to be collected

    Thank You.
    Your report has been successfully submitted.

    Report Number:

    Password Confirmation:


    Please enter the report number and password to check the response to your report.

    If you lose your report number or password,
    please submit a new report or contact us at cyber@poongsan.co.kr

  • Check Status of Report

    Report Number
    Password

    A report number is assigned upon submission of a report.
    If you lose your report number or password,
    please submit a new report or contact us at cyber@poongsan.co.kr

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