Contact

ESG

Ethic

ESG

Ethic

Ethical Management
Code of Ethics
Report and Consultation

Ethical Management

Ethical management not only complies with economic and legal responsibilities but also the ethical responsibilities expected by social norms and basic obligations in carrying out business activities. It makes sure that the company complies and pursues the observance of corporate ethics as the principles of conduct.

SK pucore will play a key role in social and economic development by creating value for all stakeholders, which include clients and shareholders, and continuously contributing to human happiness.

For this purpose, SK pucore has created a Code of Ethics Guide for our executives and employees to serve as a basis for behavior and judgment in all management activities. Ethical management education (basic and advanced), surveys, newsletters, pledges, and reporting and counseling systems are operational and being carried out within the company. All SK pucore members observe and practice the Code of Ethics and the Code of Ethics Guide in order to create a fair and transparent corporation.

일에 대한 보람과 성장 기업 발전 기여

Employee Code of Ethics

Client

We gain trust from our clients through continuous client satisfaction management to grow together.

We respect the diverse opinions of our clients and prioritize those opinions in business activities.
We strive to provide the best products and services that our clients need.
The clients' property and personal information are protected the same way as company assets.

Shareholders

We create shareholder value through transparent and efficient management.

We increase corporate values through transparent decision-making and efficient management activities.
We respect the requests and suggestions made by the shareholders and share our performance results with them.
Management data are prepared in accordance with related laws and accounting standards and are disclosed in good faith in accordance with relevant laws that protect our shareholders' interests.

Members

All SK pucore members will fulfill their duties with a sense of accountability that represents company standards.

All members will thoroughly comply with all internal and external laws and regulations.
We will create an atmosphere that encourages employees to work voluntarily and enthusiastically.
We will enhance our competitive edge with individual competency and maintain honor and dignity.

Society

We will become a company that can be trusted by society by complying with social norms and making contributions through social and cultural activities.

We will obey local laws and respect traditions and culture as a member of the local community.
We will practice environmentally friendly management and be active in participating in environmental protection activities.
We will actively participate in social contributions and development tailored to the locale through CSR.
We will pursue joint development with partners to compete with our competitors in a fair manner.

[Addenda]

·Code of Ethics is effective as of June 9, 2017.
·This Code of Ethics applies to the company and all members of the company,
All members are obligated to comply with this Code of Ethics. Violations will be punished according to company rules.
·The 『Code of Ethics Guide』 is provided to help members correctly interpret and implement the Code of Ethics.

Code of Ethics Guide

1. Objective

The purpose of the Code of Ethics Guide is to stipulate necessary provisions needed to correctly implement the purport of the Code of Ethics to SK pucore's employees.

2. Target

All SK pucore employees, executives, and investment companies that practice SK pucore's management rights must be fully aware of and comply with this Code of Ethics and Code of Ethics Guide.

Questions about the Code of Ethics and the Code of Ethics Guide should be made directly to the leader of the organization or the department in charge of ethical management.

3. Employees’ Basic Responsibilities

3.1. Basic Ethics for Employees

All SK pucore executives and employees will perform their work based on the principle of good faith and take responsibility for their results.

All employees clearly understand their roles and will comply and familiarize themselves with the Code of Ethics and all related regulations.

If an employee sees another employee violating the Code of Ethics, they must report it to the company without delay.

3.2. Prohibiting Conflict of Interest(利害相衝) Practices

In case of conflict of interest that relates to work performance, all employees shall act in the best interest of the company.

All employees will make every effort to prevent any type of conflict of interest at the company from occurring, and if a conflict of interest were to arise, they shall report it to the company immediately.

Examples of conflicts of interest

A. Employees entering an agreement or transaction with the company through a third party

B. Any financial conflict of interest directly or indirectly involving rights/obligations with the company's competitor or transaction party

C. Misappropriation of company property or information for personal purposes or gain

D. Exerting unfair influence on a vendor by using their business position to solicit special benefits or considerations

E. Engaging in a side job that consumes enough effort to impede the employee's obligations at work or in their performance

F. Unfair acquisition of the partner's stocks

3.3. Anti-bribery(授受) and Corruption

All employees will conduct business activities in a transparent manner. Employees are prohibited from offering or receiving money, valuables, or entertainment from contractual or related parties regardless of relevance to the job.

Regardless of your intentions, if you receive money or valuables then you must return it immediately or report it to the company.

However, meals and gifts are prohibited by relevant laws and social norms in order to maintain healthy and sound relationships.

4. Protection of Company’s Assets

4.1. Protection of Physical Assets

Company assets may not be used for personal use or transferred or loaned to a third party without approval.

The company's budget shall be used appropriately for its designated purpose and recorded in accordance with accounting standards and procedures.

In the event that a company loss occurs, report it to the company immediately and take measures to prevent further loss.

4.2. Protection of Intellectual Property

The company's internal management information will not be disclosed to the outside without prior approval.

We do not provide our client's personal information to third parties illegally, and we do not engage in illegal or immoral practices that could harm the interests of our clients.

We actively protect the company's intellectual properties such as patents, trademarks, and copyrights.

The company's confidential information must be kept secure in accordance with relevant regulations, and company information can only be disclosed after undergoing a set of procedures.

The intellectual property rights of third parties will be equally protected and illegal software in particular will never be used.

5. Compliance With Laws and Company Management Policies

All domestic and overseas business activities must comply with all laws and regulations of the relevant country and respect trade customs.

All transactions must comply with fair trade laws and company regulations. They must be conducted fairly in accordance with the free competition principle.

Accounting information will be accurately recorded in accordance with relevant laws, corporate accounting standards, and company regulations. Accounting information will not be manipulated or falsely reported.

All disclosure of management information to third-party stakeholders must be done transparently and fairly in accordance with relevant laws and regulations.

Falsification of management information, such as false reporting (concealment, exaggeration/reduction, delayed report, etc.) shall be prohibited.

Product quality and safety management will satisfy relevant laws and customer requirements. Product performance and risks will be accurately disclosed.

Domestic laws, foreign laws, and international agreements related to safety/health/environment must be complied with. A safe working environment must be created and active participation in environmental protection activities will be made.

In accordance with the Improper Solicitation and Graft Act, a government official performing his/her duties shall not make, offer, promise to provide, or express his/her intentions through improper solicitations.

US's Foreign Corrupt Practices Act, UK's Bribery Act, and Korea's Act on Preventing Bribery of Foreign Public Officials will be complied with.

6. Work Handling Procedures

6.1. Department

The department in charge of the operation of the Code of Ethics and Code of Ethics Guide for employees shall be the Management Efficiency Team (ethics management team).

This management team shall respond to the advice of employees by providing guidance and education to the employees. They will also take appropriate disciplinary action against employees who violate the rules.

6.2. Protection of Whistleblowers

Employees who recognize the violation of the Code of Ethics and Code of Ethics Guide should immediately report it to their department leader of the department in charge of ethical management.

The company will not discriminate against the whistleblower for his/her fair reporting, related statements, and data submission.

Employees who cooperated with the investigation by providing statements and data in the process of fact-checking will also be equally protected as an informant.

If the whistleblower is discriminated against due to his/her reporting, he/she may request protection such as transferring to the ethics management department. The ethics management department will then take measures to establish, implement, and prevent a recurrence.

The person in charge of the whistleblowing case will keep the identity of the whistleblower and details of the report confidential. This information will not be disclosed against their will.

Any person who violates the protection regulations stated above will be dealt with in accordance with the relevant personnel regulations. (Retaliation measures such as disadvantage in personnel, disclosure of identity information or report details, or leaking related information in order to find the whistleblower, etc.)

6.3. Investigation Guidelines for the Protection of the Whistleblower

The Board of Audit shall conduct the investigation and will make sure that the protection of the whistleblower is a top priority and observe the following:

A. The person in charge of the audit investigation will not leak or imply any information or related content about the report without the prior consent of the informant.

B. All related data shall only be open to authorized persons only and will be kept strictly confidential. Paper documents acquired by mail or fax shall be kept separate with a lock.

C. Any leaked information about the whistleblower's personal information during the investigation will be punished in accordance with the relevant laws.

However, exceptions may be granted in the following situations:
- A matter that may cause a serious personal injury or an interruption in business;
- Serious corruption, a leak or falsified company secrets or data, press releases, etc.

D. The ethics management department manager is responsible for educating and managing all security management guidelines in regard to the whistleblowing-related investigation.

6.4. Consultation/Report

For inquiries or consultations regarding the Code of Ethics and the Code of Ethics Guide, refer to the contact information below. Reporting can be made by email, phone, mail, or in person regardless of the format.

Email : skpucore.ethics@sk.com

Telephone : 02-3787-1209(Collect call)

Fax : +82 02-537-3259

Address : 50, Jong-ro 1-gil, Jongno-gu, Seoul, Republic of Korea (03142) The Twin Towers K, SK pucore Ethical Management Manager

[Addenda]

A. The Code of Ethics is effective as of July 7, 2017.
B. The Code of Ethics has been revised and implemented as of September 8, 2015.
C. The Code of Ethics Guide has been revised and implemented as of February 20, 2017.
D. Violations of the Code of Ethics Guide will be dealt with according to company policy.

Ethical Management Consultation

SK pucore provides consultations for the interpretation or application of the Code of Ethics and Code of Ethics Guide over ethical conflicts that may arise in relation to work or job performance by SK pucore's ethical management department. Counseling is done privately and the counselee's identity and consult details are kept strictly confidential and will not be disclosed against their will. Consults are processed as soon as possible and results will be returned in a way the consultee prefers.

Ethical Management Consultation Procedure

상담센터 상담접수 E-mail,전화,우편,Fax 등 > 윤리경영담당 상담내용확인 사실관계확인,상담자 신분 노출 방지 > 상담자 Feedback

Ethical Management Report

SK pucore shareholders, employees of partner companies, and clients are entitled to report unfair business practices, unreasonable demands, provision/receipt of money, valuables, and entertainment, and irregularities/corruption by SK pucore employees through conventional methods such as the ethical management website, phone, e-mail, mail, etc. Reports made are treated privately and the whistleblowing protection program is operational. A report can be made with confidence on any case or matter. Reports will be processed as soon as possible and results will be returned in a way the reporter prefers.

Ethical Management Report Procedure

윤리경영 제보 절차

E-mail : skpucore.ethics@sk.com

Telephone : 02-3787-1209(Collect call)

Fax : 02-537-3259

Address : 50, Jong-ro 1-gil, Jongno-gu, Seoul, Republic of Korea (03142) The Twin Towers K, SK pucore Ethical Management Manager