ESG
Supply Chain
ESG
Supply Chain
Value Chain ESG Policy
SK pucore strives to develop a win-win partnership with subcontractors based on mutual trust. SK pucore will recognize subcontractors as partners in the environment/social/governance framework (transparent management) to establish a sustainable management system and strengthen cooperation. With our subcontractors' cooperation, we will expand the procurement of eco-friendly goods/services to respond to climate change with suppliers in order to establish a support system to improve the environmental management capabilities of suppliers to take the lead in creating economic and social values based on mutual growth through education, finance, and technology.
SK pucore declared 2021 to be the first year for practicing ESG management. SK pucore will reduce risk factors that may occur in the value chain by complying with all laws and ethics in the value chain management with subcontractors.
1Unified and rational decision-making through ESG
2A consistent enterprise-wide ESG operation policy
3Effective and quick response to ESG risk
Code of Conduct Guide
1. Compliance With Business Regulations
All work must be performed in accordance with relevant regulations and procedures, and all data related to the decision-making process must not be destroyed, damaged, or hidden without permission.
In addition, all decision-making-related documents must comply with the decision-making and management regulations.
2. Conclusion of Contracts
All negotiations and signing of contracts must be performed within the delegated authority. All contracts (including electronic) shall be drawn up in accordance with company regulations, procedures, and other related laws and regulations.
In addition, every contract must contain all terms agreed upon by all parties, and the outcome of the contract must be recorded and archived appropriately.
3. Ethical Management/Anti-corruption
SK pucore shall carry out all transactions in good faith, legally and ethically, and will comply with all laws and related company regulations based on fair trade with business partners.
Provisions or acceptance of any bribes or kickbacks related to work is strictly prohibited. SK pucore complies with the UN Convention on anti-corruption and anti-corruption laws of each country.
Gifts and entertainment at a normal level are necessary for business communication between partners. However, they must not exceed that level or affect the decision-making process. If you give or receive a gift that is recognized as a bribe, you must refuse or not accept it.
Gifts and entertainment (such as money and valuables) include any non-monetary and monetary benefits that provide convenience.
4. Fair Trade
Employees will observe sound market competition of fair trade and shall not engage in joint collusion that restricts competition, such as price or production adjustments or participating in bidding competitions.
Prices shall be determined independently based on cost analysis and overall market conditions. This should be obtained from publicly available and well-documented sources for justification reasons.
5. Business Partner
SK pucore's business partners have the authority to make business decisions regarding product purchase and sales, pricing, and counterparties to transactions independently. Any attempt to interfere may be a violation of the Fair Trade Act.
Therefore, unfair competition methods or deceptive acts and practices will be rejected in order to aim for a business partnership that guarantees mutual benefits between partners under transparent transaction conditions. All transaction opportunities shall be given equally and fairly with mutual respect.
6. Win-win Cooperation
Work shall be done between partners based on win-win cooperation and respect. Partners shall strive for joint strength and to develop shared competitiveness by expanding technical and management support.
Fair opportunities will be provided to suppliers and engagement in unfair practices using the company's advantage or disadvantage and will strive to pursue mutual benefits and joint development.
In addition, mutual risks according to risk assessments through ESG management indicators in accordance with international guidelines will be minimized.
7. Environment
Proactive measures for environmental preservation will be taken through purchasing activities based on environmental laws and policies while striving to comply with environmental regulatory requirements.
8. Procurement of Eco-friendly Goods and Services
Employees will strive to develop and supply eco-friendly goods, materials, and services to minimize environmental impact throughout the product design process, manufacturing, distribution, use, and disposal.
In addition, employees will aim to expand eco-friendly technologies, such as the development of reuse, recycling, and GHG reduction products, and minimize the use of hazardous substances.
9. Conflict Minerals Prohibition
SK pucore prohibits the purchase of minerals from conflict zones (minerals produced in the Democratic Republic of the Congo and neighboring countries) unless *RBA requirements regarding the country of origin and legal mining documents are provided and satisfied.
*RBA (The Responsible Business Alliance) is a non-profit organization that is dedicated to corporate social responsibility to create sustainable value.
Code of Conduct for Subcontractors
Introduction
SK pucore recognizes subcontractors as partners in ESG management and a Code of Conduct has been established for a shared growth ecosystem.
This Code of Conduct sets forth the requirements for subcontractors to be observed as a partner in establishing SK pucore's ESG ecosystem.
Subcontractors will comply with this Code and all applicable laws and regulations and shall conduct business in an ethical manner.
SK pucore and all other third-party organizations designated by SK pucore have the authority to visit subcontractors to evaluate whether they are complying with this Code. If violations occur, improvement recommendations and corrective actions may be requested.
If a subcontractor does not improve requests within the designated period, transactions or contracts with SK pucore may be suspended or terminated.
In the event that a conflict between this Code and local laws occurs, the stricter standard will apply and changes will be made as necessary.
This Code of Conduct can be found on SK pucore's website. Changes to this Code are notified to subcontractors through SK pucore's website and integrated purchase website in advance.
1. Human Rights/Labor
Subcontractors will guarantee basic human rights and civil liberties so that there are no illegal discriminations based on gender, age, nationality, race, religion, etc.
All workers including temporary, contract, dispatched, migrant, regular, and other workers will be guaranteed voluntary work and not forced labor, and rights shall be protected in accordance with local laws and regulations. However, the employment of minors under the age of 15 will be strictly prohibited even in the case of voluntary work.
Working hours must not exceed the number of hours and days set by law, except for internal emergencies and special circumstances. Workers are entitled to a 52-hour work week and at least 1 day off every 7 days.
In addition, workers have a right to associate freely with other workers and shall be respected. Workers also have the right not to participate in such activities as well.
2. Conflict Minerals Prohibition
Subcontractors will work with SK pucore to prohibit the purchase of minerals from conflict zones (minerals produced in the Democratic Republic of the Congo and neighboring countries) unless *RBA requirements regarding the country of origin and legal mining documents are provided and satisfied.
*RBA (The Responsible Business Alliance) is a non-profit organization that is dedicated to corporate social responsibility to create sustainable value.
3. Environmental Protection
Subcontractors will strive to minimize and reduce environmental impact and will acquire/maintain all environmental licenses and permits necessary for business operations to comply with relevant laws and regulations.
Subcontractors will recognize their responsibility to the environment and systematically identify, manage, reduce, reduce, and dispose of hazardous chemicals and waste/wastewater.
Subcontractors will establish an environmental management system by complying with regulations on hazardous substances in products to reduce air pollutants, minimize energy consumption, and GHG emissions to reduce environmental pollution.
Subcontractors will handle and manage the marking and labeling of substances for safe handling, transportation, storage, and use to ensure safety.
4. Ethical Management/Anti-corruption
Subcontractors will recognize the importance of ethical management for sustainable management and will comply with all laws and relevant company regulations based on fair trade.
All transactions will be conducted legally and ethically to ensure reliability and trust.
Subcontractors shall maintain the highest level of integrity and fairness in all business transactions. They will not engage in any unethical behaviors such as corruption, bribery, embezzlement, extortion, and misappropriation.
In addition, measures shall be taken to protect the identity of whistleblowers who report such unethical behavior, and retaliatory measures such as discrimination and harassment will be prohibited and prevented.
Subcontractors will also protect intellectual property rights, customer information, and personal information.
5. Safety and Health
Subcontractors shall obtain/maintain all necessary safety and health licenses and other licenses for business operation and comply with relevant laws and regulations for business operation.
Subcontractors will sure a safe and healthy workplace for workers by eliminating all risk factors.
In the event of such emergencies, subcontractors must establish a response procedure and protocol for each type of accident.
Subcontractors will provide appropriate personal protective equipment to workers who are exposed to harmful or safety hazards in the workplace and will conduct regular inspections to evaluate risk factors.
Subcontractors will conduct safety risk assessments and provide safety and health education on a regular basis to workers to reduce harmful factors. All information on accidents and risks will be provided by the subcontractor.
6. Management System
Subcontractors will establish a management system for the decision-making process and business operations related to human rights/labor, environmental protection, ethical management, safety, and health. This system will continuously be managed and implemented for the following:
1)Compliance with relevant laws and regulations
2)Management duties and responsibilities
3)Responding to and monitoring laws, regulations, and customer demands
4)Risk management (Environment, safety and health, labor, and ethics)
5)Goal management and evaluation
6)Operations for corrective action process
7)Employee feedback and participation
8)Operations for education and training programs
Eco-friendly Green Purchases
We realize our responsibility to pass on a clean environment to our future generations. We strive to expand the purchase of eco-friendly goods/services to respond to climate change and practice environmental management with the goal of Net Zero 2040 in mind.
Eco-friendly Certified Products* Recycle Office supplies, construction materials, household goods, etc. * Goods and equivalent products that has been designated by KEITI (Korea Environment Industry & Technology Institute that conform to regulations and environmental standards.
Outstanding Recycled Products Reuse Waste paper, waste wood, packaging materials, etc.
Low-carbon Certified Products Reduce Household goods, construction materials, food materials, etc.
Energy-saving Products Electronics, etc.
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- 450 million won/per year Recycled/reusable packaging materials - Wood/plastic pallets
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3 billion won/per year
Expansion of eco-friendly green products
- Expansion of procuring raw materials using recycled goods
Scope of goods/services expansion - Expansion in efforts to purchase eco-friendly MRO products such as office supplies and household goods
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3 billion won/per year
Expansion of eco-friendly green products
- Expansion of procuring raw materials using recycled goods
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- 4 billion won/per year Application of eco-friendly materials to constructions/maintenance - Expanding efforts and granting incentives to companies to apply eco-friendly materials
Plan to strengthen subcontractor's environmental capabilities
An incentive was introduced into the adoption process to overcome the limit of purchasing eco-friendly goods/services due to traditional purchasing methods centered around quality, cost, and delivery. This allows the purchase of eco-friendly goods/services to be expanded and we are simultaneously strengthening our environment capabilities through ESG management.
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Eco-friendly Communication and Information Sharing With Subcontractors
Securing Eco-friendly Recommendation Consensus
- Briefing sessions on eco-friendly green purchasing
- Sharing international trends and corporate responses
- Sharing information on eco-friendly regulations
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Eco-friendly Evaluation of Subcontractors
Identify Status Quo and Promote Scope Expansion
- Identify and evaluate subcontractors' status
- Add/deduce points according to eco-friendly procurement
- Encourage subcontractors for voluntarily eco-friendly management
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Eco-friendly Management of Subcontractors
Maximize Eco-friendly Purchasing Through Management
- Periodic eco-friendly promotions to subcontractors
- Support promotions for eco-friendly improvement activities
- Reinforce subcontractors' eco-friendly capabilities
Policy for Supporting Shared Growth With Subcontractors
We aim to establish a mutual sustainability management system by creating a fair trade culture with subcontractors and forming relationships based on trust. To this end, we provide subcontractors with technology, finance, and education to enhance their competitiveness that will lead to creating social value. This customized support program has been created and is operated by SK pucore.
| Category | Program | Overview | Goal (2022) |
|---|---|---|---|
| Financial Support | Improvement of Payment Conditions | Payment terms to be in cash | Continuous |
| Technical Support | R&D Technical Support | Support for analysis/testing process using analysis equipment for SK pucore and invested companies, and support for dispatching researchers to improve R&D technology for development capabilities. | Searching for support partners (w/laboratory) |
| SHE Technical Support | Training for SHE technical support on risk factors and health and safety education. | Expansion of support partners (w/ SHE team) | |
| Management Support | Communication | One-on-one communication channels open at all times | New construction |
Support programs are continuously operated and policies are upgraded to improve the quality of programs and expand the development of new programs. From 2021, ESG-centered joint cooperations will be strengthened by entering the third phase of support for joint growth to establish a sustainable supply chain system. The subcontractor's ESG management will be supported and risks will be improved. In addition, the ESG committee which will be led by the CEO will discuss ESG risk management and win-win growth with subcontractors to provide practical and effective support. When important decision-making issues arise, a committee under the BOD will deliberate.
Subcontractor Support Policy Roadmap
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Shared Growth Pg. Advancement
- Financial support
- Regular communication channels open at all times
- Fair trade ethics practice
- Subcontractors' fair trade practice
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Creating Social Value
- Early payment for holidays
- Strengthening SHE practice
- Joint development localization
- Fair trade regulations compliance Pg.
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Reinforcement of ESG-oriented Joint Cooperation
- Constant comm. channels (operations Pg. based on subcontractors' needs)
- Reinforcement of subcontractors' ESG management (Mandatory compliance policy for subcontractors and high-risk subcontractors)
Roadmap – Existing activities/Upgrade
Subcontractors' ESG Risk Support Policy
SK pucore has declared 2021 at the first year of ESG management. SK pucore recognizes the company and all subcontractors as partners in ESG management and will take part in activities towards ESG management together. To this end, ESG activities will be strengthened and risks will be eliminated by sharing ESG policies with subcontractors and agreeing to abide by ESG evaluations and improvements for subcontractors. The subcontractors' ESG management is focused on two perspectives: strengthening management practices and modifying/supplementing existing policies.
Reinforcement of Implementation of ESG Risk Management/Support for Subcontractors
Subcontractor management was evaluated and managed based on existing QCD and social values. However, from 2022, evaluations were expanded to include ESG factors in the results.
* 3 environment sectors, 2 health/safety sectors, 7 labor/personnel sectors, and 5 ethics sectors were evaluated/managed
Subcontractors' ESG Risk Management and Improvement Process
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Integrated Guidelines/Norms
- International ESG Action Guide
- Company-wide ESG Strategy
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Stakeholder Channel
- Subcontractors' surveys/evaluations
- Periodic meetings
- Subcontractors' surveys
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Internal Risk Management Process
- Decision-making documents (approvals, etc.)
- Purchasing regulations*
*Procurement management regulations, purchasing rules for management, investment companies management regulations
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Establish/apply policies
- Derivation of operational processes
- Establish ESG evaluation indicators
- Reflect purchase regulations
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Risk evaluations
- Evaluation goal setting/evaluation
- Risk level assessment
- Evaluation items historical management
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Eliminate risks
- Risk managing target selection
- Risk managing execution/result derivation
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Continuous transactions
(Level-up possible)
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Contract termination will be discussed
(If no improvement is shown within 3 years)
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∙ Establish ESG evaluation indicators
∙ Target group selections for risk evaluation
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∙ Self-evaluation(high-risk groups)
∙ On-site evaluation for high-risk groups
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∙ Risk management improvement support
∙ monitor improvement process
ESG Risk Support Objectives for Subcontractors
In order to establish a stable supply chain, SK pucore conducts ESG evaluations with due diligence every year. The results from the evaluations are used to select subcontractors (high-risk groups) who are in need of improvement and conduct on-site evaluations with due diligence (once every two years) and will provide the subcontractor with support measures and consulting. SK pucore strives to grow and develop with subcontractors by continuously upgrading the ESG management policies and expanding the scope of the target.
| Objectives | Major Activities | |
|---|---|---|
| 2021 | Establishment of ESG management policy/joint performance by SK pucore and investment companies Number of subcontractors subject to ESG evaluation: Key management subcontractors ESG implementation pledges received: Key management subcontractors | Establish ESG management plan for subcontractors - Set criteria for selection of subcontractors - Establish diagnosis/evaluation policy - Establish an improvement/support plan Pilot evaluation for major subcontractors Establish a plan to identify high-risk subcontractors Collect pledges from subcontractors to implement ESG management |
| 2022 | Advancement of ESG management plan for subcontractors Number of subcontractors subject to ESG evaluation: 10 ESG implementation pledges received: 70% Number of subcontractors improving/being supported: 100% | Evaluation of subcontractors engaged in transactions within the last year Making advancements in ESG management measures for subcontractors - Creating ESG management measures for subcontractors that reflect the results from 2021's evaluation - Improvement of evaluation/related systems - Expansion of subcontractors' evaluations - Development of improvement and support programs - Due diligence and improvement support for high-risk subcontractors - Self-evaluation reliability check |
| 2023 | Expansion of subcontractors subject to evaluation Number of subcontractors subject to ESG evaluation: 20 ESG implementation pledges received: 100% Number of subcontractors improving/being supported: 100% | Evaluation of subcontractors engaged in transactions within the last two years Establishment/support for ESG management measures for subcontractors Establishment of support and monitoring measures |
Privacy Policy
SK pucore co., Ltd's privacy policy is as follows:
Effective date: July 1, 2015
SK pucore co., Ltd (hereinafter referred to as "the Company") values your personal information and complies with the 「Act on Promotion of Information and Communication Network Utilization and Information Protection」. Our privacy policy informs you of the purpose and method used for the personal information you provide and the measures taken to protect your personal information.
※ This policy is effective from July 1, 2015.
1. Personal Information Collected
The Company collects the following information for e-mail consultations, investment information IR meetings, etc.
* Collected items: Name, e-mail, telephone number, mobile phone number, organization name (company name), department, position, personal history, etc.
* Collection method: Homepage (information center, investment information, etc.)
2. Purpose of Collection and Use of Personal Information
The Company uses the collected personal information for the following purposes:
* User consultation support: We provide consumer consultation services and IR meeting applications for smooth business execution with our consumers.
- Member management : Personal identification
- Others : Consultations, staff recruitment
3. Period of Retention and Use
The Company will destroy any personal information collected after the purpose and use of the personal information have been achieved. However, the following information is retained for a specific period of time and for the following reasons:
* Items to be retained : Information obtained from customer consultation services and IR meeting applications (name, e-mail, telephone number, mobile phone number, organization name (company name), department, position, personal history, etc.)
- Retention period : 2 years
4. Procedures and Methods for Destruction of Personal Information
The Company will destroy any personal information collected after the purpose and use of the personal information have been achieved. Methods of destroying personal information are as follows:
* Destruction procedure
After the member signs up for a membership, the personal information will be transferred to a separate DB after the use of personal information has been achieved. (If membership signup was done on paper, the personal information will be transferred to a separate filing cabinet.) In accordance with internal policy and other relevant laws, personal information will be stored for the retention period and destroyed once the retention period expires. Personal information that has been transferred to a separate DB will not be used for any purposes other than the purpose of retention unless required by other laws.
* Destruction method
- Personal information recorded and stored in the form of electronic files will be deleted using a technical method to ensure that the records cannot be reproduced.
- Personal information recorded and stored on paper will be shredded with a paper shredder or incinerated.
5. Provision of Personal Information
The Company will not provide your personal information to a third party. However, exceptions will be made in the following events:
- The user provides consent.
- In the event that there are special provisions in other laws, or when there is a request from an investigation agency in accordance with procedures and methods set forth by laws and regulations for the purpose of investigation.
6. Consignment of Collected Personal Information The Company does not entrust personal information to a third party without the user's consent. If a need were to arise in the future, the user will be notified of the consignee and the details of the consignment. Prior consent will be obtained.
7. Rights of Users and Their Legal Representatives and How to Exercise Their Rights
Users and their legal representatives may inquire about or modify registered personal information for themselves or minors under the age of 14 at any time. They may also request the destruction of personal information.
(However, changes cannot be made during the admissions process.)
To view or modify the personal information of users or minors under the age of 14, click "Change Personal Information" (or "Edit Account Information", etc.). In order to cancel the account, click "Unregister Account." Go through the steps to verify your identity and you will be able to directly view, correct, or cancel your account.
You may also contact the department in charge of personal information in writing, by phone, or by e-mail, and action for your request will be taken as soon as possible. If correction of errors needs to be made to the personal information, the personal information will not be used or provided until all corrections have been completed. In addition, if incorrect personal information has been provided to a third party, that third party will be notified of the change immediately and corrections will be made.
If the user or legal representative requests for a withdrawal or a cancellation of personal information, the Company handles the personal information as specified in the "Period of Retention and Use" section and will not be viewed or used for any other purpose.
8. Matters Concerning the Installation, Operation, and Rejection of Automatic Personal Information Collection System Tool
The Company uses cookies on the homepage that store and finds your information from time to time. Cookies are small text files sent to your browser by the server and are used to operate the company's website and are stored on your computer's hard disk. The Company uses cookies for the following purposes:
* Purpose of use
Target marketing and personalized services are provided by analyzing access frequency and visit time of members and non-members to understand users' preferences, interests, tracking traces, degree of participation in various events, and the number of visits. The user has the option to install cookies. Therefore, you may go to your settings options in your web browser and accept all cookies, block some cookies, or block all cookies.
* How to reject cookies
Example: The user can go to their settings option to accept all cookies, block some cookies, or block all cookies.
Settings option example (in case of Internet Explorer) : At the top of the web browser go to Tools > Internet Options > Personal Information
However, there will be difficulties in providing service if you choose to block all cookies.
9. Civil Services Related to Personal Information
The Company has designated relevant departments and managers to protect, provide services, and handle complaints in regard to personal information.
[Customer Service]
Department : 행복추진팀 (Happiness Promotion Team)
Telephone : 02-3787-1234
E-mail : chulhee.cho@sk.com
[Personal Information Protection]
Team Manager : Chulhee Cho
Manager : Lee Jiyun
Telephone : 02-3787-1234
E-mail : jylee0420@sk.com
You may report any complaints related to the protection of your personal information that may occur while using the company's services to the person in charge of managing personal information or the relevant department. The Company will provide prompt and sufficient answers to your reports.
If you need to report personal information intrusion or need consultation, please contact the following agencies:
1. Personal Information Infringement Report Center : (no area code) 118 (http://privacy.kisa.or.kr)
2. Personal Information Dispute Mediation Committee : (no area code) 118 (http://privacy.kisa.or.kr)
3. Cyber Investigation Department of Supreme Prosecutors' Office : 02-3480-3571, cybercid@spo.go.kr (http://cybercid.spo.go.kr)
4. Cyber Bureau of National Police Agency : (no area code) 182 (http://cyberbureau.police.go.kr)