Samsung's 7 affiliates "'Guarantee of Labor 3 Rights' Establish 'Labor-Management Advisory Group' at Board"

[Asia Economy Reporter Ki-min Lee] Seven Samsung Group affiliates have decided to operate a "Labor-Management Relations Advisory Group" composed of external experts to ensure the effective guarantee of the "three labor rights" and to designate a dedicated communication officer for civic groups. This is a follow-up measure following the "public apology" made by Samsung Electronics Vice Chairman Lee Jae-yong on the 6th of last month, in response to the recommendations of the Samsung Compliance Committee.

On the 4th, seven affiliates including Samsung Electronics and Samsung C&T announced that they submitted an implementation plan containing these details to the Compliance Committee at the 6th regular meeting of the committee.

Earlier, on March 11, the Compliance Committee recommended Vice Chairman Lee to clarify Samsung's stance on labor, succession, and communication issues with civil society. Accordingly, Vice Chairman Lee announced last month through a public apology that he would improve the pointed-out issues.

To fulfill the promised "effective guarantee of the three labor rights," it was explained that an "Labor-Management Relations Advisory Group" composed of external experts would be established under the board of directors, granting it practical roles such as advising on labor-management policies and proposing improvement measures.

Additionally, the implementation plan includes ▲mandatory labor-related compliance education for domestic and overseas employees ▲strengthening compliance monitoring activities by the Compliance Team ▲inviting personnel from labor and human rights organizations for lectures.

Samsung plans to review a sustainable management system as a mid- to long-term task to prevent compliance violations and enhance management efficiency. To this end, it is also considering commissioning external professional institutions to conduct research on reviewing laws and systems and benchmarking cases of leading overseas companies.

Regarding practical measures to restore trust with civic groups, Samsung plans to designate a dedicated officer to serve as a communication channel for discussing mutual development plans through continuous communication with civil society. In addition, Samsung will expand understanding and cooperation by holding meetings with civic groups in various fields such as environment, economy, consumers, and human rights, and by inviting civic groups to internal events.

Samsung stated, "To establish a culture of compliance, we will continue to respect the committee's opinions and cooperate continuously with the committee."

The Compliance Committee held a regular meeting from 2 p.m. at the Samsung Life Seocho Tower in Seoul on the same day. According to the Compliance Committee, compliance officers from all seven Samsung affiliates attended the meeting to report on the implementation plans.

This content was produced with the assistance of AI translation services.