LG Display, First in Industry to Obtain Global Compliance Management System Certification

First Achievement in the Global Display Industry

[Asia Economy Reporter Park Sun-mi] LG Display announced on the 6th that it has obtained ISO (International Organization for Standardization) 37301 certification, an international standard for compliance management systems. LG Display is the first in the global display industry to acquire this certification.

ISO 37301, established by ISO in April last year, is an international certification awarded after evaluating whether a company's compliance policies, risk management, and operations meet global standards and are effectively implemented.

LG Display received high evaluations for continuously strengthening its compliance management system and the commitment to compliance shown by its executives and employees. To proactively manage compliance risks, the company focused on key areas such as fair trade and anti-corruption, strengthened management systems, and conducted activities such as providing detailed guidance on revised related regulations to employees.

They enhanced the compliance operation system by establishing a 'Compliance Portal' on the company intranet. Employees actively use the portal in their work by utilizing standardized processes to self-assess compliance risks and referring to compliance guidelines related to their tasks.

Kim Sung-hyun, LG Display's Chief Financial Officer (CFO), stated, “We plan to further strengthen compliance management by establishing an integrated compliance management system encompassing overseas business sites to enhance transparency and trust in management activities for various stakeholders.”

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