To firmly establish the system of ethical management, employees are responsible to report all cases of unethical conduct. The employee who reports such conduct will be protected from experiencing any disadvantages will remain anonymous, and will be recognized for protecting the company from material loss. Therefore, all employees should consult and report any questionable behavior based on logical decision and become a part of eradicating wrongful acts and of establishing ethical corporate environment.
| Types of non-ethical & illegal activities |
|---|
| Accepting financial benefits from interested parties (i.e. co-workers, clients, suppliers) |
| Assigning contracts to family members, relatives or friends for financial gain. |
| Activities such as co-investing, co-ownership of assets, lending and borrowing money from co-workers, clients, and suppliers |
| Appropriating or illegally using company property |
| Using confidential information to serve self-interests |
| Divulging confidential information |
| Discriminating without a logical reason |
| Manipulating documents or calculations |
| Engaging in actions that damage personal dignity and the company honor |
| Scope of Law Observance | |
|---|---|
| Int'l Law/Domestic Law/Contract Agreement | Company Policy &Regulations /Executive Body or BOD instruction /Resolution from Annual Shareholder Meeting |
| Guideline/Internal Agreement | Standard or Basis |
Responsibilities to Report Unethical and Illegal Activities & Witness Protection System
The Internal Audit Office will cooperate with the relevant business unit to ensure that any person reporting unethical or illegal activities does not experience any disadvantage for having done so.
| Principle | Method |
|---|---|
| Confidentiality | The anonymity of any person reporting unethical or illegal activities is guaranteed during the investigation and after the case has been closed |
| Protection Request | Employees will not be disadvantaged for filing a report or for refusing as manager request to engage in unethical or illegal activities. Any employee who is disadvantaged should report such actions to the Internal Audit Office and request protection. |
| Responsibility to Prove | When the allegation of an employee filing a report cannot be proven, the employee filing the report is responsible for providing evidence. |
| Punishment Exemption | Employees confessing to violations of Code of Conduct will be exempted from discipline. |
| Reward and Punishment | Rewards to employees reporting a violation will be in accordance with the level of importance of the case and monetary savings. Discipline of violating employees will also be determined by the level of importance of the case and by the monetary value of potential or actual damage to the company. |
| Qualifications | Allowing the employee who filed the report to become ethics guidance counselor |
