Lotte Energy Materials Acquires Integrated ISO Certification for Compliance and Anti-Corruption Management Systems

Operating a CEO-Direct Compliance Organization to Update Internal Regulations
Establishing a "Compliance Management" System at Domestic and Overseas Sites

Lotte Energy Materials has received international recognition for its compliance and ethical management system across all aspects of its operations. The company obtained international standard certifications to proactively prevent legal violations and corruption risks that may arise during business activities, as well as to enhance transparency.

On September 30, Lotte Energy Materials announced that it had simultaneously acquired certification for the International Standard Compliance Management System (ISO 37301) and the Anti-Bribery Management System (ISO 37001) from the Korea Management Certification Institute (KMR) on the previous day, the 29th. ISO 37301 and ISO 37001 are management system standards established by the International Organization for Standardization (ISO) that comprehensively evaluate whether a company has established internal control systems for legal compliance and anti-corruption.

Yeonseop Kim of Lotte Energy Materials (right) and Eunju Hwang, CEO of the Korea Management Certification Institute, are taking a commemorative photo at the certification award ceremony held on the afternoon of the 29th at the office in Seocho-gu, Seoul. Lotte Energy Materials

Certification can only be obtained if a company’s ability to proactively identify and control legal and corruption risks is verified.

CEO Yeonseop Kim stated, “This ISO certification is the result of our ongoing efforts to ensure transparent and ethical management,” adding, “We will continue to strengthen our management systems in line with global standards and grow as a trusted company.”

Lotte Energy Materials has established a compliance organization directly under the CEO to manage compliance risks across all business activities. The company regularly updates internal regulations related to compliance, anti-corruption, fair trade, and trade secrets, and conducts both online and offline training for all executives and employees. Furthermore, the company is expanding its compliance system to domestic subsidiaries and overseas business sites, thereby fostering a culture of internal control at a global level.

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