Chapter 1. General Provisions

 

Article 1 (Purpose)
This Code of Ethics aims to establish standards for ethical judgment and ESG-based decision-making for all employees.

Article 2 (Scope of Application)
This Code applies to all employees of Hyojin Co., Ltd. (hereinafter “the Company”), its subsidiaries, and partner companies.

 

Chapter 2. Basic Ethics of Employees

 

Article 3 (Fundamental Ethics)

• Employees shall perform their duties with honesty and responsibility.
• Employees shall act lawfully and ethically in the course of their duties.
• Employees shall report any violation of this Code immediately upon recognition.

Article 4 (Anti-Corruption and Bribery)

• Employees shall not request or offer improper benefits such as money or entertainment, and shall prevent corruption.
• Employees shall not engage in unethical or illegal acts such as improper instructions, solicitation, or granting unfair privileges that may hinder fair execution of duties.

Article 5 (Conflict of Interest Prevention)

• Employees shall act to avoid any personal interest conflicting with the Company’s interests and report such situations transparently.

Article 6 (Information Protection and Security)

• Employees shall securely protect internal, customer, and personal information and refrain from unauthorized use.
• All Company information is managed under security regulations, and former employees shall not retain access rights after resignation.

Article 7 (Transparency in Record-Keeping)

• All business information must be recorded and managed accurately and honestly; false entries are prohibited.
• Official records shall be managed in accordance with the Company’s document management policy and must not be arbitrarily destroyed or released.

Article 8 (Intellectual Property Protection)

• Intellectual property shall be respected, and unauthorized reproduction or leakage is prohibited.
• The Company protects intellectual property rights such as patents, trademarks, copyrights, and designs of both itself and third parties.

 

 

Chapter 3. Ethics Toward Customers

 

Article 9 (Customer Respect and Satisfaction)

• Customer feedback shall be actively listened to, and high-quality products and services shall be provided.
• Information disclosure must be accurate and based on facts; intentional concealment, distortion, or exaggeration is prohibited.

Article 10 (Customer Information Protection)

• Customers’ personal information shall be strictly protected in accordance with laws and ethical standards.

 

 

Chapter 4. Ethics Toward Partners

 

Article 11 (Fair Transactions)

• All transactions shall be conducted fairly and transparently, maintaining mutual respect with partners.
• Employees shall not abuse their position to demand money or favors or impose unfair contract terms.

Article 12 (Compliance and Fair Competition)

• The Company complies with domestic and international laws and promotes free and fair competition.
• Export controls and international regulations shall be observed.

 

 

Chapter 5. Ethics Toward Employees

 

Article 13 (Respect for Human Rights and Non-Discrimination)

• The Company protects employees’ human rights and ensures their physical, mental, and social well-being.
• Discrimination based on gender, race, ethnicity, nationality, religion, academic background, political opinion, pregnancy, or disability is prohibited in all aspects of employment.

Article 14 (Talent Development)

• The Company actively supports fair opportunities and professional development.

Article 15 (Safety and Health)

• The Company protects employees’ safety and health and promotes a pleasant working environment.

 

 

Chapter 6. Environment and Social Responsibility

 

Article 16 (Environmental Protection)

• Employees shall recognize the importance of environmental issues and comply with relevant laws and international agreements.
• The Company practices eco-friendly management such as climate change response and resource conservation.

Article 17 (Social Contribution)

• The Company and employees contribute to community development and social value creation.

Article 18 (Political Neutrality)

• Political activity is a personal freedom, but the Company does not engage in political activities under its name.
• The Company does not provide illegal political contributions either directly or indirectly.

 

 

Chapter 7. Implementation of Ethical Management

 

Article 19 (Ethical Governance)

• Ethical management is overseen by the Ethics Committee and a dedicated department.

Article 20 (Ethics Training and Whistleblower Protection)

• Regular training is provided, and whistleblowers are strictly protected.
• Retaliation against whistleblowers will result in severe disciplinary action.

Article 21 (Consequences of Violations)

• Disciplinary measures are imposed based on the severity of any violations.

 

 

Chapter 8. Compliance with the Code of Ethics

 

Article 22 (Duty of Compliance and Responsibility)

• All employees must understand and voluntarily practice this Code of Ethics and will be held accountable for any violations.

 

This Code of Ethics reflects the core values shared by all members of Hyojin Co., Ltd. and forms the foundation for building a transparent and responsible organizational culture.

 

Effective Date: January 1, 2025

Hyojin Co., Ltd.