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Ethical Management

Our commitment to business ethics

We aim to fulfill the original economic goal of pursuing profits and fulfill our social responsibility of coexistence and co-prosperity among our stakeholders: customers, shareholders, employees, communities, and suppliers. We will always take our mission as leaders in society and work with a higher level of ethics so that we and our families can be proud that we work for ISU Chemicals

Ethical Management Charter (Our Commitments)
Ethical Management Charter (Our Promises)
Action Guidelines for Our Promises
Action Guidelines for Our Promises
Action Guidelines for Our Promises

Supervisory Body

Established and operated ethics committee (2003-)
Ethics Committee
Established and operated the Planning & Coordination Team as an executive department (transferred in 2009)
  • - Conduct ethical management training for employees once a year
  • - Consultation and resolution of issues in the ethical management practice process
  • - Handling and returning money or valuables received unavoidably
  • - Receives violations of ethics regulations and conducts audit work
  • - Working on ethics revisions
  • - Publishing an ethical management practice book
  • - Reporting activity to the ethics committee
  • - Rewards and penalties for ethics management practices

Performance model

Performance model

Performance checks

  • - 2003 Ethics charter and practice guidelines established (IMS-A-12)
  • - Ethical management pledge and sending official letters of cooperation to partner companies since 2004
  • - Open ethical management web-site in 2005
  • - Continue to conduct various social contribution activities
  • - Conduct annual ethics training for employees
  • - Strengthened related education such as organizational culture education and fatherhood school since 2008
  • - Inspire spirit, unity, and camaraderie with company athletics
  • - Became the first Korean chemical plant to achieve 20 years of zero accidents by raising employee self-esteem (Ulsan Plant, 2009, 07,21)
  • - Maintaining an in-house zero fraud rate
  • - Increase customer satisfaction
  • - Promote improvement of organizational soundness such as CCS, healthy company dining culture campaign, etc.