GS Retail Strengthens Compliance Management System... Accelerates 'ISO 37301' Certification

GS Retail has taken steps to strengthen its compliance management system.

According to GS Retail on the 24th, the company is systematizing compliance through internal controls, compliance monitoring, and risk assessments, and is establishing a company-wide compliance management system and framework.

Since July of this year, GS Retail has been collaborating with a global consulting firm to further advance its compliance management system by developing issue detection and management programs. The company is also accelerating efforts to obtain the 'ISO 37301' certification, an international standard compliance management system, to ensure effective compliance management execution.

ISO 37301 is a certification that verifies a company has a compliance management system suitable for the global business environment. It was established by the International Organization for Standardization (ISO) in 2021 and grants certification after comprehensively evaluating regulations and guidelines for compliance management.

GS Retail expects that strengthening its compliance management system will bring positive effects such as enhancing its internal and external brand image, increasing trust from customers and partners, and fostering employees' expertise and compliance awareness.

A GS Retail representative stated, “Building a compliance management system is essential to effectively respond to changes in the global environment. Through the introduction of this compliance management system and obtaining ISO 37301 certification, we will promote employees' compliance awareness and increase trust from customers and partners.”

This content was produced with the assistance of AI translation services.