Transparency and Business Ethics
The aim of Hankook Tire is to establish company-wide ethical awareness for a transparent and healthy corporate culture where all stakeholders and employees can come together as a single entity.
Key Achievements
Issue Background & Management Status
Amid changes in internal and external business environment, securing transparency and social responsibilities of a company are becoming more important. To strengthen fundamental competitiveness in this changing business environment, we introduced the culture of 'Jeongdo management' to comply with basics and principles. The Jeongdo management is promoting the compliance with core values, corporate regulations and social responsibility and at the same time creating more performance and sustainable growth. We are reshaping our system for Jeongdo management and ethics management such as organizational operation, improvement of regulation, redefining evaluation system and promoting whistleblowing system to make sure that the Jeongdo management take root as a corporate culture.
Future Plan
With increased compliance operational risk due to strengthened anti-corruption and compliance regulation, companies need to prevent risk at a company level to achieve sustainable growth. Our company is planning to introduce ISO 37301 (Compliance Management System) in 2021 to establish an integrated operational risk management system. We will establish the foundation to run ethics management education and promotion program to reinforce the awareness of our employees on ethics and spread the ethics management not only in Korea but also in other overseas business sites. In addition, we will expand our ethics management activities such as ethics management practicing pledge and mandatory ethics management education by making externa stakeholders such as suppliers and agencies award the importance of ethics management. We are aiming to become a leading company in terms of management by principle by making our employees practice Jeongdo management in their everyday life and making the Jeongdo management take root deeply as our corporate culture.
Management Organization
Jeongdo management Committee
• Chaired by : CEO
• Vice-chairman : Chief Administrative Office
• Coordinated by : Audit Department
Ethics Management Committee
• Chaired by : Audit Department
• Supervised by : Audit Team 2
• Cooperation Team : Heads of HR Team 1, HR Team 2,
Purchasing Planning Team, Legal Team,
Production HR Team, R&D Human Resource Team,
DP)Human Resource Operations & Education Team,
KP)Human Resource Operations & Education Team
