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Ethics and compliance

Kumho HT Ethics & Compliance Management System

Kumho HT pursues ethical & compliance management as an core value management philosophy for corporate sustainable management and establishes and operates a system and system for ethical management practice in relation to all stakeholders such as employees, customers, and partners. Based on ethical management procedures, norms, and guidelines, we use them as criteria for value judgment and behavior of executives and employees and business partners. Kumho HT establishes a risk management system to efficiently carry out ethical management and standardizes contracts and internal control procedures to prevent illegal and unethical issues.

Business ethics · Anti-corruption

Kumho HT recognizes that the implementation of corporate ethics and anti-corruption policies is the source of corporate sustainability and continues to make efforts to create a fair and transparent corporate culture so that it can be trusted by all stakeholders.

Business Ethics

Kumho HT executives and employees avoid conflicts of interest between the company and the individual that may occur or occur while performing their business. It rejects any unfair instructions or pressure that hinders the fairness of job performance, and performs all duties honestly and fairly in accordance with the regulations by fulfilling the duties of position and at one's post.

Prohibition of Conflicts of Interest

Do not do anything that could conflict the interests of individuals and companies.

  • Investment in equity of partner companies
  • Deal with a relative
  • Unauthorized concurrent job
  • External activities that can be recognized as company-level commentary

Sale of stocks ·assets

회Do not unfairly use or disclose the company's key internal information.

  • Purchase and purchase of securities
  • Asset investment activities, etc
    ※ Main internal information: undisclosed information that may affect the value judgment of stocks or securities

Protection of company assets

Company assets and facilities are used only for business performance or company approval purposes

  • Prohibition of use, theft, and damage for the benefit of individuals and third parties (including physical and intellectual property and various equipment, equipment, and facilities)

Compliance with business regulations

All Job operations comply with relevant regulations and procedures.

  • Familiarize yourself with and comply with the regulations, standards, and guides related to performance tasks
  • Compliance with the preservation period and prohibition of unauthorized loss, damage, or concealment
  • Compliance with pre-decision regulations and other management regulations

Unfair business order

Observe mutual basic workplace etiquette and prohibit unfair instructions using superior status.

  • If you recognize the unfairness or illegality of the business order, you cannot be exempted on the grounds that you only followed the order (request consultation with the management support department in case of disadvantage due to noncompliance with the unfair order)

Sign of a contract

It is carried out within delegated authority and complies with laws and regulations and procedures of the company regulations and procedures.

  • Concluding written contracts (including electronic contracts)
  • All content agreed upon by the parties
  • Record and archive the results of the contract in an appropriate manner

Anti-corruption

Kumho HT complies with the anti-corruption laws of each country and does not accept, accept, or provide any form of illegal solicitation or solicitation to stakeholders that may interfere with fair performance of their duties.

Anti-Bribery and Corruption

We do not provide or accept unfair economic benefits, or make promises or suggestions.

  • Compliance with the UN Convention on the Prevention of Corruption and the laws related to anti-corruption
  • Economic benefits (money, assets, services, preferential treatment, charitable donations, express fees, etc.)

No Gifts, Wine and Dine

Do not act beyond the usual level to influence or to be perceived as capable of affecting or affecting decision making.

※ Application of stricter standards among anti-corruption laws and company regulations such as anti-graft laws

Political middle of the road

We do not provide illegal donations or expenses for political purposes.

  • Includes money, all company assets and support for employee political activities
  • Principle of respecting the political views of individual executives and employees, but not engaging in any political activities within the company

Kumho HT establishes and implements ethical management, ethical norms, and ethical practice guidelines to establish transparent management under the corporate management spirit of realizing customer satisfaction through creative management of respect for human beings.

Ethical Management
Goals of Compliance
  • Firmly establish fair and transparent transaction culture
  • Deliver customer satisfaction with continued technological development
  • Achieve sustainable growth with a top priority on compliance-based business and become an exemplary company that contributes to society.
Description of Compliance Charter
  • Top priority in management decisions
  • Organizational culture based on core values
  • Deliver customer satisfaction
  • Establish transparent transaction culture
  • Respect among employees and nurture talented individuals
  • Make the workplace safe
  • Protect shareholders’ rights and fulfill corporate social responsibility
Code of Ethics
고객

Customers

Respect for Customers

Fulfillment of Promises

Protection of Profits

공정경쟁

Fair Competition

Compliance with Laws

Respect for Customs

Due Process

협력사

Partners

Equal Opportunities

Transparent Trade

Win-win Partnerships

임직원

Employees

Mutual Trust

Self-development

Mutual Respect

국가사회

Country/Society

Protection of Rights and Interests

Social Contribution

Environmental Protection

Ethics Practice Guidelines
  • 금품수수

    No Bribery

  • 향응접대

    No Wine&Dine or Hospitality

  • 부당행위

    No Unfair Acts

  • 성희롱

    No Unfair Acts

  • 규정미준수

    No Non-compliance

Kumho HT Human Rights Management Charter

We seek innovation to create a safe environment for the next generation based on challenges, cooperation, innovation, professional, and global strategic goals for customers, strive to achieve a vision of growing into a company that companies in the future of mankind with light, and aim for "implementation of a fair society without discrimination" and "human rights management that puts people first."

To this end, we declare the "Kumho HT Human Rights Management Charter" as follows, which reflects international human rights standards such as the United Nations Guiding Principles on Business and Human Rights (UNGPs) and the 10 principles of the Global Compact (UNGC), as a basis for the right behavior and value judgment that executives and employees should follow in order to improve human dignity and value in all management activities.

One,

We respect and support international and domestic norms that support values such as human rights, labor, environment and anti-corruption.

One,

We do not discriminate against all stakeholders, including executives and employees, on the grounds of race, religion, disability, gender, academic background, age, family relationship (marriage, etc.), physical condition, country of origin, region of origin, political opinion, pregnancy, childbirth and others.

One,

We guarantee the freedom of association and collective bargaining to protect and promote the human rights of our employees.

One,

We do not allow any form of forced or child labor.

One,

We guarantee industrial safety and health rights by creating a safe and hygienic working environment.

One,

We strive for win-win development with partner companies, and support and cooperate to practice human rights management.

One,

We respect and protect the human rights of local residents in the areas where We operate..

One,

We comply with domestic and foreign environmental laws and strive to protect the environment and prevent environmental disasters

One,

We strive not to endanger the safety of the public in our business activities, protect personal information collected during business and guarantee consumers' right to access information

One,

We provide prompt and appropriate remedies for human rights violations that occur in our business activities.
We strive to protect the human rights of all stakeholders, including our employees, and pledge to do our best to establish and spread human right management.

Kumho HT C.E.O J.G Kim

Informant on the duties of the Kumho HT

One, Kumho HT for unethical conduct of the informant status report and ensure strict confidentiality and report and statements and don't let them get any disadvantage due to provide data.

Two, Kumho HT report Under no circumstances should any unethical practices, compliance related questions for employees to participate in an internal inquiry and an informant, not treated unfairly or unfair.

hird,  Kumho HT the informer requests or protective measures in order to avoid the disadvantages caused by acts of anonymous report demands such as the request, deemed necessary to take all reasonable measures.

[If you don't see with a legitimate source]
  • Report content is not true or if reported despite the fact that you can see.
  • Ask for favors in or bribery or working relationship with respect to reporting for an improper purpose or outside reporting.
  • Though the reports of try to do or if a report for the purpose of denying.

Informant protection programs.

Confidentiality

It is prohibited to disclose or imply the identity of the informant without the informant's consent.

A guarantee of a person's status

We report any disadvantages or discrimination, such as disciplinary action, by the department or business relationship for reasons such as reporting, statements, or data submission.

Responsibility

If the informant's own negligence or error related to the report is found, the disciplinary action against the reporter may be reduced or exempted.

How to report

  • Reception of bribery, money transactions, and hospitality

  • Embezzlement of public money, theft, and fraudulent behavior

  • Abuse of authority, position and solicitation

  • Violation of the Fair Trade Act

  • Human rights violations, workplace harassment, and sexual harassment

  • Matters related to work discipline

  • Matters related to work discipline

  • Violation of the Personal Information Protection Act

  • Grievance handling

The personal information of the complainant and the violator and the details of the violation shall be indicated, and related evidence shall be attached according to the 6th principle.

At the time of reporting, in case of urgent need such as unethical conduct that is currently in progress, only the facts can be reported without evidence.

  • Report

  • Submission Completed

  • Confirmation with the Relevant Departments

  • Process Completed

Processing Details

The identity of the informant is strictly protected, and only the manager in charge and the informant can view the received article, and IP tracking is absolutely impossible.

Write a report

  • In the case of anonymous reporting, we do not receive any personal information such as name, contact information, or email address.
  • This consultation system guarantees anonymity and can be easily used using a PC or mobile phone.
  • You must remember the registration number assigned after completing the report.

Receipt

  • The report is submitted to the audit office.
  • You can check whether your application has been submitted using your application number and password.

Process

  • The audit office conducts its own investigation.
  • The audit office may ask additional questions for the purpose of investigation. (Anonymous communication)

Complete

  • When the reporting process is complete, we will notify you of the results in the form of a response to the reporter's post.
  • Reporters can check the processing results through the registration number and password they were given when they first wrote the post.

Three operating rules

Protect

Guaranteeing the anonymity of informants

  • IP tracking impossible (system maintenance)
  • Protection of informant's identity (maintenance of confidentiality and exclusion of personnel disadvantages)

Compensation

Cash payment of 10% of the target price calculated as a result of the audit

  • Communicate payment method through comments within the Sinmungo system
  • Disciplinary action for those who tolerate/condoned misconduct

Consensus(transparency)

Sharing of major reports and action results

  • Strengthening education on the need for an internal reporting system
    Utilize training for new hires and team leaders