Daehan Electric Wire & Cable Conducts Campaign to Establish Voluntary Compliance with Fair Trade Practices

Activities Including Training and Quiz Competitions for All Employees

Employees of Korea Electric Wire are attending CP training. / Photo by Korea Electric Wire

[Asia Economy Reporter Kim Pyeonghwa] Daehan Electric Wire announced on the 18th that it will intensively conduct the ‘2022 CP (Compliance Program) Campaign’ targeting its executives and employees to establish a transparent and fair trading order and culture.

This campaign will be carried out intensively over two months, including specialized training for executives and employees, a CP quiz competition, and awareness improvement activities. Starting with a subcontract transaction lecture for employees held this month, special training on overall fair trade will be conducted next month for top executives and directors. Concrete and practical measures, such as reflecting CP evaluation in the Key Performance Indicators (KPI), will also be introduced.

CP is an internal compliance system established and operated by companies themselves to foster a fair trading culture and comply with laws and regulations. Daehan Electric Wire introduced this program last August as part of strengthening Environmental, Social, and Governance (ESG) management.

Na Hyunggyun, CEO of Daehan Electric Wire, said, “We will raise awareness of fair trade among executives and employees through various trainings and activities and create a foundation for sustainable growth. We will fulfill the company’s responsibilities and roles to proactively block potential legal violations in business activities and comply with fair trade laws.”

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