NongHyup Economic Holdings, Achieves International Standard Certification for Anti-Corruption Management System

"All Employees' Commitment to Ethical Management Practice
Continuous Efforts Beyond This Certification Achievement"

Exterior view of the NongHyup Central Association headquarters. (Photo by NongHyup)

[Sejong=Asia Economy Reporter Moon Chaeseok] The National Agricultural Cooperative Federation (NACF) announced on the 30th that its subsidiary, Nonghyup Economic Holdings, obtained the international standard certification for the Anti-Bribery Management System (ISO 37001) on the 29th.

This certification is based on the Anti-Bribery Management System standard established by the International Organization for Standardization (ISO). It is awarded to organizations that meet international-level anti-bribery requirements and have a sustainable response system in place.

In addition to obtaining this certification, Nonghyup Economic Holdings has continuously strived to prevent unethical behavior by having all employees pledge to practice ethical management and operate an anonymous reporting system to realize a clean and fair organizational culture.

Jang Cheol-hoon and Kim Tae-hwan, CEOs of Nonghyup Economic Holdings, stated, "Ethical management is an important foundation to build a trusted NACF for farmers and consumers," adding, "We will use this certification acquisition as an opportunity to advance NACF's ethical management to the next level."

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