Korea Airports Corporation Obtains Compliance Management System Certification

Yoon Hyung-jung, President of Korea Airports Corporation (right), is taking a commemorative photo with Hwang In-hak, President of the Korea Compliance Promotion Institute, after obtaining the Compliance Management System certification. Photo by Korea Airports Corporation

[Asia Economy Reporter Hyunseok Yoo] Korea Airports Corporation announced on the 28th that it has become the first domestic airline industry company to obtain the compliance management system 'ISO 37301' certification from the international certification body Korea Compliance Promotion Institute.

ISO 37301 is a compliance management system established by the International Organization for Standardization. It is an international standard that verifies the adequacy of systems for preventing legal violations, anti-corruption, and ethical risks.

The corporation regards ethical and compliance management as a core value in establishing governance, which forms the foundation of ESG management, and has significantly improved its ethical management system and processes. It received excellent evaluations in the two-stage audit process, including risk identification of ethical and compliance management, implementation of control measures, and evaluation of education promotion performance.

Yoon Hyung-jung, President of Korea Airports Corporation, said, "The corporation will continue to publicly express its commitment to compliance management and strengthen internal control activities centered on management to become a public enterprise trusted by the people."

This year, the corporation was recognized as a leading institution in integrity and ethical management by receiving awards such as the 'Institutional Grand Prize in Integrity and Ethics' at the Korea Auditors Conference, the 'Best Award in Social Value' at the Public Institution Auditors Conference, and the 'Excellence Award' at the 2nd Ethical Management Practice Excellence Institution Contest.

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