OCI Obtains International Standard Anti-Corruption and Compliance Management System Certifications Simultaneously

At the certification award ceremony for Anti-Corruption (ISO 37001) and Compliance Management System (ISO 37301) held at OCI headquarters on the 5th, Su-mi Lee, Vice President of OCI (from left in the photo), Yoo-shin Kim, President of OCI, and Jeong-myeong Lee, President of the Korea Compliance Promotion Institute, are taking a commemorative photo. Photo by OCI

OCI announced on the 9th that it had simultaneously obtained the international standard certifications for Anti-Bribery Management System (ISO 37001) and Compliance Management System (ISO 37301) from the Korea Compliance Institute (KCI) on the 5th.

ISO 37001 and ISO 37301 are international standard certifications for anti-corruption and compliance. They comprehensively evaluate a company's compliance policies and risk response systems to grant certification. These are considered key standards that externally prove that a company has properly established and is implementing systems for ethical management and compliance management.

To acquire the ISO 37001 and ISO 37301 certifications, OCI selected about 30 employees as internal auditors in September and conducted training to strengthen internal capabilities. The internal auditors are responsible for inspecting whether the company's anti-corruption and compliance management systems are operated in accordance with ISO standards and identifying areas that require improvement.

Additionally, OCI newly established an enterprise-wide risk management system to systematically manage risks that may arise in business activities. By enabling each department to proactively identify potential risks and having the responsible departments continuously monitor management status, the system minimizes the possibility of risk occurrence, allowing for more effective risk response.

Furthermore, OCI implements various systems and programs to ensure the practical establishment of ethical management. An online reporting center is operated where all stakeholders can report unfair acts that undermine ethical management to the audit team. Also, an ethics and compliance education program is regularly conducted annually for all employees to promote the spread of a proper ethical culture.

Meanwhile, in addition to the certifications obtained this time, OCI holds numerous certifications that meet global standards, including ▲ISO 9001 (Quality Management System), ▲ISO 14001 (Environmental Management System), ▲ISO 45001 (Occupational Health and Safety Management System), and ▲IATF 16949 (Automotive Quality Management System). Based on these, OCI continues to strengthen ESG management. Recognizing these efforts, OCI received a Gold rating, placing it in the top 5%, from the global major ESG evaluation agency EcoVadis in August, and obtained the highest AA rating from Sustainvest.

Kim Yushin, CEO of OCI, stated, "The acquisition of the anti-bribery and compliance management system certifications is an official recognition of OCI's strong will and efforts to practice ethical and compliance management." He added, "Going forward, OCI plans to continuously strengthen its capabilities to become an advanced ESG company that meets global standards based on transparency and trust."

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