Korea Ginseng Corporation Obtains Integrated ISO Certification for Compliance and Anti-Bribery Systems
Advancing the Compliance System
Korea Ginseng Corporation announced on December 16 that it has obtained integrated certification for the Compliance Management System (ISO 37301) and the Anti-Bribery Management System (ISO 37001) from the Korea Compliance Promotion Institute, an ISO-accredited certification body.
(From left) Lee Jungmyung, Director of the Korea Compliance Promotion Institute, and Kim Taewon, Head of Future Strategy Division at Korea Ginseng Corporation, are posing for a commemorative photo.
[Photo by Korea Ginseng Corporation]
ISO 37301 is an international standard established by the International Organization for Standardization (ISO) that evaluates a company's system for complying with laws and ethical norms, comprehensively assessing whether a compliance system that promotes an ethical corporate culture is effectively operating. ISO 37001 is an international standard that assesses whether an internal control system is in place to proactively prevent and detect corruption risks, and whether it is being managed effectively.
The simultaneous acquisition of ISO 37301 and ISO 37001 certifications by Korea Ginseng Corporation officially demonstrates that the company's compliance and anti-bribery systems meet international standards, and that its compliance policies and risk management systems are at a global level.
Korea Ginseng Corporation has regularly conducted compliance training, compliance inspections, and compliance campaigns with active participation from its executives and employees. Recently, the company appointed a compliance officer at the board of directors to further advance its ethical management practices.
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A Korea Ginseng Corporation representative stated, "The efforts of our executives and employees to embed compliance and anti-bribery management systems that meet global standards throughout the organization have borne fruit, resulting in the simultaneous acquisition of international standard certifications." The representative added, "We will continue to strengthen our transparent management system to further solidify trust with a wide range of stakeholders both domestically and internationally."
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