Home&Shopping Launches 2nd Ethics Committee... "Driving Ethical Management"

Promoting Ethical and Compliance Management Practices and Qualitative Growth

Kim Ok-chan, CEO of Home&Shopping (right), is presenting the appointment letter for the 2nd Ethics Committee to Chairman Kim Dong-su.

[Asia Economy Reporter Kim Cheol-hyun] Home&Shopping is accelerating its ethics and compliance management through the launch of the 2nd Ethics Committee. Home&Shopping (CEO Kim Ok-chan) announced on the 11th that it held the inauguration ceremony for the 2nd Ethics Committee members and the Ethics Committee meeting on the 10th. The Home&Shopping ethics committee members will carry out activities to comply with various laws related to home shopping such as the Broadcasting Act, the Fair Trade Act, and the Improper Solicitation and Graft Act during their two-year term, and promote mutual growth with partner companies through fair trade.

Home&Shopping appointed Kim Dong-su, Chair Professor at Korea University (former Chairman of the Fair Trade Commission), as the chairman of the 2nd Ethics Committee, and Han Young-su, Chairman of Han Young Nux, Lee Kyung-ho, Chairman of Younglim Wood, Jeong Yong-sang, Professor Emeritus at Dongguk University, and Park Cheon-il, Professor at Sookmyung Women’s University, as committee members. Going forward, the Ethics Committee will hold regular quarterly meetings to provide advice and suggestions on fair trade practices, mutual growth with small and medium-sized partner companies, and measures to eradicate employee corruption. The company stated that through the 2nd Ethics Committee, it will further develop the ethics management system and strengthen the ethical awareness of its employees.

Chairman Kim Dong-su said, "As a member of the Ethics Committee, I will contribute to making Home&Shopping an ethically transparent organization," and added, "I will also do my best to solidify its domestic and international standing."

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