Hyosung Advanced Materials and Chemicals Actively Participate in Anti-Corruption Environmental Adjustment
[Asia Economy Reporter Oh Hyung-gil] Hyosung Advanced Materials and Hyosung Chemical announced on the 25th at the '2022 BIS Summit BIS Anti-Corruption Pledge Ceremony' that they will actively participate in creating an anti-corruption environment and achieving a fair society.
Both companies have continuously operated a fair trade compliance program to practice ethical management. From the CEO's fair trade compliance declaration to the BIS Summit anti-corruption pledge, the top management has taken the lead in strengthening ethical management, establishing a code of ethics and practical guidelines applied company-wide.
In addition, they conduct ethical management education and fair trade training for executives and employees, including compliance with laws and regulations, and regularly revise the Fair Trade Compliance Manual so that employees can easily understand the latest Fair Trade Act contents.
BIS is a global anti-corruption project launched in 2019 by the United Nations Global Compact (UNGC) Korea Association and the Korea Socially Responsible Investment Forum.
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Lee Geon-jong, CEO of Hyosung Advanced Materials and Hyosung Chemical, said, "We will contribute to creating a fair and clean society through anti-corruption ethical management," and added, "We will enhance corporate competitiveness based on ESG management."
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