Ethical Management

We create a sustainable future where people, society and the environment will coexist.

What is ethical management?

Ethical Management is defined as business management that meets the ethical expectations of social conventions beyond economic and legal responsibilities.

Corporate Social Responsibility

Philanthropic Responsibility

Engage in activities such as cultural events, donations, and volunteer services that are not related directly to management activity.

Ethical Responsibility

Engage in ethical management activity that follows standard social conventions but is not legally required

Legal Responsibility

Conduct management activities within the rules framed by the laws within society

Economic Responsibility

Sustain business continuity by creating profits

Ethical management system

The Ethical Management Group carries out various activities to cultivate ethical management culture, and reports business processing outcomes to the Audit Committee on a regular basis.
The Audit Committee is an independent auditing body from the management and is responsible for directing and supervising ethical management tasks and systems.

Enactment of Code of Ethics and guidelines

1. Enactment of Code of Ethics and guidelines

These are the standards and responsibilities incumbent upon all stakeholders; they comprise a complete set of codified guidelines for employees to adhere to. Ethical regulations, action guidelines, etc.

2. Compliance

Organization and systems are established to realize ethical management, and comprise ethical management organization, ethical audits, and handling of counselling and whistleblowing, etc. To practice ethical management Operation of an organization dedicated to ethical management, internal audit, counseling/reporting programs, etc.

3. Consensus

Forms a sense of unity among members about ethical management by providing periodic education. Shared through ethical management workshop, newsletter, ethical management practice survey, etc.

Code

Code of Ethics

This is the highest level regulation that stipulates ethical management practices in relationships with all stakeholders, including employees, customers, business partners, and society.

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Code of Conduct for Ethical Management

As a member of SK ecoplant, we provide standards for correct behavior and judgment.

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Business partners’ Code of Conduct

We recommend that all business partners that do business with SK ecoplant comply with SK ecoplant's ethical management principles.

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Compliance

internal audit

We conduct internal audits on on-going projects, the headquarters organization, and subsidiaries to check work processes, compliance with related laws, and individual unethical behaviors.

Risk Sensing System

Built on risk factors in seven business areas, we operate a Risk Sensing System that extracts data from each business system and monitors it at all times to prevent risks in advance.

self-purification system

We conduct a regular risk assessment once a year based on the checklist of each business such as purchasing, HR, and expenses.

Punishment

When unethical behaviors of employees and business partners are discovered, we apply strict standards to them to prevent recurrence. We take disciplinary actions on employees according to the personnel regulations, and in the case of business partners, transactions are restricted according to internal regulations.

Consensus

2021 08 Revision of the Code of Ethics and enactment of new ethical management practice rules and business partners’ rules of conduct
06 The Conduct of Ethical Pledge signed by all Employees ZOOM
2021. 06.

The Conduct of Ethical Pledge signed by all Employees

The Conduct of Ethics Management Workshop
The Conduct of Ethics Training Program for all Employees by Online ZOOM
2021. 06.

The Conduct of Ethics Training Program for all Employees by Online
03 Education on Code of Ethics and audit cases for Site Staff
Issuance of letter for ethical management practice ZOOM
2021. 03.

Issuance of letter for ethical management practice
02 Amendment of Code of Ethics and Informant Protection Regulation
01 Notice of compliance with Code of Ethics for the lunar new year ZOOM
2021. 01.

Notice of compliance with Code of Ethics for the lunar new year
2020 10 'Check the self-purification system
09 Notice of compliance with Code of Ethics for Chuseok Holiday
08 Ethical management practice survey for employees
Ethical management practice survey for BP
06 The Conduct of Ethical Pledge signed by all Employees
The Conduct of Ethics Management Workshop
The Conduct of Ethics Training Program for all Employees by Online
04 Issuance of letter for ethical management practice
Establishment of the Ethical Management Guideline
Realization of One Strike Out system
Amendment of Code of Ethics, Informant Protection Regulation and reward and punishment rules
03 Education on Code of Ethics and audit cases for Site Staff
02 Notice of compliance with Code of Ethics for the lunar new year’s day
2019 03 Amendment of 'Internal Auditing Regulation' and 'Informants Protection Regulations'
Enlargement of the organization in charge of Ethics Management (2 Teams under One Manager)
02 Conduct of Ethical Pledge signed by all Employees
Notice of compliance with Code of Ethics for the lunar new year’s day
01 Distribution of the Ethical Management Guideline, 2019 to all Executives and Team Leaders
2018 09 Notice of compliance with Code of Ethics for Chuseok Holiday
Conduct of ethical management practice survey for all employees
08 Ethical management practice survey for executives
07 assessment of self-check system
Conduct of ethical management work shop
06 The Conduct of Ethics Training Program for all Employees by Online
02 Conduct of Ethical Pledge signed by all Employees
Notice of compliance with Code of Ethics for the lunar new year’s day
2017 11 The Open of Internal Ethics Management Portal
09 Ethical management practice survey for employees
The Conduct of Ethics Management Workshop
07 The Conduct of Ethics Training Program for all Employees by Online
05 Amendment of 'Internal Auditing Regulation' and Announcement to All Employees
02 The Conduct of Ethical Pledge signed by all Employees
2016 10 The Conduct of Ethics Management Workshop
08 The Conduct of Ethics Training Program for all Employees by Online
07 Ethical management practice survey for employees
04 The Conduct of Compliance Training Program for Site Staff in Saudi Projects
03 Enactment of Informant Protection Regulation and Revision of “Ethical Management Implementation Memorandum” for Business Partners
01 The Conduct of Ethical Pledge signed by all Employees
2015 12 Posting Contents of Anti-Corruption Compliance on Ethical Management Homepage
The Open of Anti-Corruption Compliance Blog (Establishment of Internal Whistleblowing System)
10 Alignment of Compliance Organization in Each Biz. Division (Designation of Compliance Champions and Compliance Assistants)
08 Revision of “Ethical Management Implementation Memorandum” for Business Partners
02 The Allocation of Anti-Corruption Compliance News on Company Newsletter (Tongtong letter)
01 The Conduct of Ethical Pledge signed by all Employees
2014 12 The Enactment of Regulation for Observation of International Anti-Corruption Laws
10 The Startup of Anti-Corruption Compliance Task Force
01 The Conduct of Ethical Pledge signed by all Employees
2013 07 The Publication and Notice of Ethical Management Practice FAQ for Leaders
04 The 3rd Amendment of Code of Ethics
01 The Conduct of Ethical Pledge signed by all Employees
2012 07 Integration of Consulting & Reporting Online Channels in relation to Ethics Management of Each Affilated Companies under Holding Company
04 The Conduct of Ethical Pledge signed by all Employees
2011 12 Opened Internal Ethics Management Portal
10 The Conduct of Voluctary Report Campaign about the Compliance Violation Cases
3 The Conduct of Ethical Pledge signed by all Employees
1 The Conduct of Ethical Pledge signed by all Employees
The 2nd Amendment of Code of Ethics
2010 12 The Conduct of Ethics Training Program for all Employees by Online
10 Quarterly performance assessment of self-check system
7 The Conduct of Ethical Pledge signed by all Employees
2005 11 The Publication & Distribution of English Version of Code of Ethics
2004 11 The Conduct of Compliance Training Program for Site Staff in Saudi Projects
1999 09 The 1st Amendment of Code of Ethics
1998 01 The Enactment of Code of Ethics
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