"Integrity, Citizen Trust as Foundation" SH Corporation Forms 'Integrity Task Promotion Council'

[Asia Economy Reporter Yuri Kim] Seoul Housing and Communities Corporation (SH Corporation) has formed a 'Integrity Task Promotion Council' involving executives and integrity ombudsmen.

On the 28th, SH Corporation announced, "We have formed the Integrity Task Promotion Council and held a meeting." The meeting was conducted to review the progress of SH Corporation's integrity policy implementation and to hear suggestions from the integrity ombudsmen to enhance integrity levels.

SH Corporation explained, "The Integrity Task Promotion Council is significant because it includes not only executives but also external experts serving as integrity ombudsmen. The purpose of operating the council is to hold regular meetings to set ethical management goals, share integrity promotion achievements, and review SH Corporation's integrity policies from the perspective of external experts, thereby contributing to improving the corporation's integrity."

The integrity ombudsmen are three external experts from the Anti-Corruption and Civil Rights Commission, Board of Audit and Inspection, and civic groups, appointed for a two-year term since April 2019. They investigate and mediate grievances from a third-party perspective, recommend necessary institutional improvements to SH Corporation, and propose customized integrity policies.

SH Corporation stated, "Since the inauguration of President Kim Seyong in 2018, efforts to enhance integrity have resulted in an improvement from grade 5 to grade 3 in the 2018 Anti-Corruption and Civil Rights Commission integrity evaluation, maintaining this level in 2019, demonstrating actual progress in integrity enhancement."

Additionally, SH Corporation has established an 'Integrity Message Auto-Sending System' to guide reporting procedures for irregularities to contracted companies and compensation contractors, and created an 'Integrity Guestbook' to register external visitors electronically, realizing the 'systematization of integrity.' To protect internal whistleblowers, a 'Lawyer Proxy Reporting System' has been introduced, along with publishing the 'Integrity Letter' and operating 'Integrity Communication Education.'

Kim Seyong, President of SH Corporation, said, "Integrity is a fundamental element for SH to be trusted by citizens. Through the formation of the 'Integrity Task Promotion Council,' we will communicate SH Corporation's commitment to integrity both internally and externally, and practice exemplary integrity leadership that executives and employees can follow."

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