Ethical management
Hanwha Energy Convergence Division puts ‘ethical management’ based on integrity in all management activities as its top priority and seeks to ensure that all employees perform their duties transparently, fairly, and rationally.
For customers
Customer satisfaction and trust from customers are the top priority.
For shareholders
Seek to raise shareholders' investment value.
For competitors and suppliers
Respect the principle of free competition and take the lead in developing a fair and sound industry.
Also, pursue common development with partner companies based on mutual trust.
Responsibility to employees
Respect the human dignity of all company members and strive to improve the quality of life.
Responsibility to society
Actively contribute to the nation's and society's sound development and environmental preservation.
Code of Conduct
It provides decision-making and judgment standards for ethical conflict situations that may arise when performing duties.
Sincere work performance and dignity
- · Be responsible and avoid conflicts of interest
- · Do not manipulate or falsify documents and calculations
- · Avoid false reporting and unsound behavior.
Fair and transparent work performance
- · Avoid acts such as money lending and solicitation.
- · Fulfill your job conscientiously
- · Do not accept money, valuables, inappropriate gifts or entertainment.
Compliance with sound and fair trade order
- · Ensure mutual respect and equal opportunity.
- · Do not demand or provide an unfair price.
- · Adhere to fair review standards.
- · Do not set or change to unfair pricing.
Protection of company assets and information
- · Protect physical property, intellectual property rights, and trade secrets.
- · Do not use company expenses for personal use.
- · Do not use non-disclosure information.
Organizational culture of mutual trust and respect
- · Refrain from any language or action that is detrimental to healthy fellowship.
- · Respect privacy and do not slander or defame.
- · Do not derail manpower.
Corporate culture that practices ethical standards
- · If you find out that your or another person's behavior violates the Code of Ethics, report it to a superior or the department in charge of ethical management.
Consulting and Reporting for Ethics Management
Hanwha Energy Convergence Division operates various channels so stakeholders such as employees, partners, and customers can freely consult and report on ethical management.
Report type
| Receiving rewards from stakeholders | Money, recreation and entertainment, provision of convenience, borrowing, debt repayment, guarantee, money loan, guarantee for the future |
|---|---|
| Unfair equity participation in business partners | Stock exchange and investment, public investment, and acquisition of common property |
| Lack of transparency in supplier selection | Unfair opportunity, unfair trade practices, supplier information leakage |
| Illegal/unjust use of company assets | Use of tangible/intangible assets for other purposes, embezzlement, and misappropriation of public money |
| Manipulation and falsification of documents and calculations | Accounting fraud, information manipulation |
| Others | Neglect of duty, neglect of management, exceeding authority, loss of dignity, etc. |
Operation of reporting
- Priority is given to prompt and accurate handling of reports in violation of compliance management. The processing result will be notified by phone or e-mail as soon as possible.
- The informant's identity, reported matters, and confidentiality of the informant are thoroughly protected, and reporting is made in principle by real name.
How to report
Post
Hanwha Energy Convergence Division Compliance Office, 3F, IH Building, 7 Samseong 1-ro 3-gil, Hwaseong-si, Gyeonggi-do
ethics.cvg@hanwha.com