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Governance

Ethical Management

Overview

SK Chemicals has ethical norms reflecting SK's management philosophy and principles of action, SKMS (SK Management System). To provide guidelines for behavior to members and establish a transparent ethical system and culture, SK Chemicals has SKMS practices, ethical norms, and guidelines in place.

  • Customer

    The company must continuously satisfy customers to gain trust and ultimately develop together with customers.

  • Member

    The company creates an environment where members can work voluntarily and enthusiastically, and members contribute to the company's development and value creation for stakeholders.

  • Shareholder

    The company must increase the value of the enterprise to create shareholder value, enhance transparency, and manage the company efficiently.

  • Collaboration Partners

    The company pursues joint development with collaboration partners and competes fairly with competitors.

  • Society

    The company contributes to economic development and makes social and cultural contributions, adhering to social norms and ethical standards in its management.

Guidelines for Practice

  • Employee Attitude

    Protection of company assets and information / Prohibition of money and gifts bribery / Mutual respect among employees

  • Attitude Towards Customers

    Customer-centric management / Protection of customer information

  • Responsibility Towards Employees

    Human-centric management / Employee safety and happiness

  • Responsibility Towards Shareholders

    Enhancement of corporate value / Protection of shareholder rights

  • Relationship with Business Partners

    Mutual management / Fair competition with competitors

  • Role in Society

    Role in society and environment

  • Compliance with Laws

    Compliance with international anti-corruption agreements and domestic and foreign laws related to anti-corruption

Ethical Standards PDF Code of Ethics Practice Guidelines PDF Compliance Operational Regulations PDF Guide to Ethical Management Policy for Business Partners
Compliance Control Standards

  • General Provisions

    Purpose / Definitions / Application / Establishment and Amendment

  • Compliance Control Environment

    Basic Principles / Roles / Appointment and Dismissal / Qualifications, Term, and Status / Authority and Duties / Independence in Performing Duties / Restrictions on Concurrent Positions

  • Compliance Control Activities

    Assessment and Control of Legal Risks / Compliance Education and Training Programs / Routines Compliance Support / Compliance Inspections / Internal Reporting System / Violations / Information and Data Management

  • Key Standards for the Business Conduct

    Minimizing Risk of Misinterpretation / Submission of Board Agenda / Consultation on Legal Documents / Handling of Disputes / Compliance with Ethical Standards

  • Evaluation of Effectiveness

    Criteria and Procedures for Evaluating Effectiveness / Follow-up

  • Miscellaneous

    Rewards for Employees

Compliance Control Standards PDF
Ethical Management Letter from CEO

SK Chemicals has issued a CEO's Ethics Management Letter to all employees, in an effort to communicate the company's current status and strategic objectives regarding ethical and compliance management, and to reaffirm its commitment to principled conduct,