Hanwha Total Petrochemical strives to develop new technology and realize the highest quality
based on sound corporate ethics and organizational culture of integrity.
With the belief that when we make effort in one direction to develop new technology and realize the highest
quality based on sound business ethics and clean organizational culture, our company can become an first class
business in the world, we all intend to establish a “Hanwha Total Petrochemical Ethics Charter” as follows and
take it as criteria for our behavior and judgment of values.
We, Hanwha Total Petrochemical pursue a global first class business that creates the best products and services based on talents and technology to contribute to human society.
To this end, we take ‘Integrity’, ‘Challenge’ and ‘Dedication’ as core values (Hanwha Total Values) that must be shared and kept by all Hanwha Total Petrochemical Persons. Furthermore, we resolve to establish business principles that will become standards for the thoughts and behavior of Hanwha Total Petrochemical Persons in all management activities in order to observe laws and ethics and fulfill business’s proper roles and social responsibility and actively practice the management principles.
In addition, Hanwha Total Petrochemical complies with the UN Global Compact, the OECD guidelines for multinational enterprises, and the Improper Solicitation and Graft Act.
1-1 Respect individuals’ dignity and diversity.
Respect everybody’s basic human rights.
Do not allow forced labor, exploitation at low wages and child labor in any case whatsoever.
Do not discriminate any stake holders including customers and employees by reason of nationality, races, genders or religions.
1-2 Fairly compete in observance of laws and trade ethics
Observe various laws of countries and communities, respect market completion order and compete in fair ways.
Do not get unjust benefits in dishonest ways that are contrary to trade ethics.
Do not exchange bribes or entertainments in relation to business activities.
1-3 Maintain the transparency of accounting through accurate accounting records.
Accurately record and control all transactions of the company so that all stakeholders can objectively understand business activities.
Observe accounting related laws of individual countries and internationally accepted accounting principles.
Faithfully announce publicly, major management related matters such as financial changes in the company and business information as specified by the law.
1-4 Do not intervene in politics and maintain neutrality
Respect individuals’ political rights and political decisions; provided that, do not conduct political activities in the company.
Do not use the company’s funds, manpower or facilities for political purposes.
Do not provide illegal money and other articles such as contributions.
2-1 Strictly divide between private and public matters in all business activities
When the interests of the company and those of individuals conflict with each other, the company’s legal interests shall prevail.
Do not pursue personal interests using the company’s properties or one’s own position in the company and do not conduct any dishonest acts such as embezzlement or misappropriation of the company’s properties.
2-2 Protect and respect the company’s or others’ intellectual properties
Do not leak internal intellectual properties or confidential information to the outside without prior permission or approval.
Respect others’ intellectual properties and do not conduct any infringing acts such as unauthorized use, reproduction, distribution or modification.
Do not conduct transactions related with securities such as stock selling/buying using information obtained as a matter of duty.
2-3 Form sound organizational atmospheres
Do not conduct any speech and behavior that will impair sound relations between colleagues such as sexual harassment, money transactions or violence.
Do not form any faction or establish private organizations that will cause a sense of incongruity in the organization.
Establish labor-management relations for coexistence and co-prosperity based on mutual trust and smooth communication.
3-1 Take customer satisfaction as a value of the first priority in management activities
Provide products and services that meet customers’ requirements and expectations on time.
Treat customers with sincere mind and kind attitudes and modestly accept customers’ proposals and complaints. - Respect and protect customers’ honor and information.
3-2 Pursue shareholder value oriented management
Provide long-term profits to shareholders through rational investments and enhanced management efficiency. - Create stable revenues and enhance the business’ market value through sound management activities.
We respect the rights, opinions and reasonable requests of shareholders
3-3 Make effort to enhance the ‘quality of life’ of employees
Provide equal opportunities to all employees and treat them fairly based on abilities and Performance.
Encourage employees’ unceasing self-development and actively support the enhancement of capabilities necessary for implementing duties.
4-1 Pursue environment friendly management
Observe environment protection related international standards, related laws and internal regulations.
Make unceasing effort to protect environments in all business activities such as development, production and sales.
We strive to implement activities that use resources efficiently such as recycling.
4-2 Attach importance to the safety and health of mankind
Observe safety related international standards, related laws and internal regulations.
Observe safety rules and form comfortable working environments in order to prevent safety accidents.
We take every precaution not to supply products and services that could harm human health and safety.
5-1 Faithfully perform basic obligations that must be observed by all business citizens
Make effort to enhance trust in the company by fulfilling responsibility and obligations as a member of the community.
5-2 Observe local social/cultural characteristics and practice coexistence.
Respect the community’s laws, culture and value and contribute to the enhancement of the quality of life of local residents.
Pursue sound social development through public interest activities in various areas such as science, arts, culture and physical exercise.
Actively participate in social service activities such as volunteer services and disaster relief.
5-3 Establish relations of coexistence and co-prosperity with business partners
Form mutually beneficial relations with business partners based on mutual trust and perceive business partners and strategic companions.
Strengthen cooperative companies’ competitiveness through legal support and pursue co-development.
Hanwha Total employees shall make humanity, morality, manners and etiquette into part of their life and keep honor and dignity.
Each of the employees shall keep the honor of Hanwha Total by being dressed neatly and with Courteous behavior and elegant language at all times with an attitude that he/she represents Hanwha Total.
Make sure to keep promises and act in accordance with social patterning based on ethics and morality.
Respect individuals’ autonomy, creativity and challenging spirits
Autonomously judge and act in implementing duties and roles and take responsibility for the results.
Always work with challenging and creative attitudes in order to create better values.
Respect novel ideas and proposals and unceasingly develop yourself to be equipped with global level competitiveness.
Sympathize with the company’s management philosophy, objectives and values and faithfully implement missions given to each person in accordance with the company’s business policy
Implement given duties with best effort fairly and impartially and fully understand work related regulations and systems of the company.
Actively share information and knowledge among higher/lower positions, colleagues and departments in order to enhance the effect and efficiency of works.
Clearly distinguish between personal matters and official matters and do not pursue personal interests using your position.
Do not use the company’s properties, facilities, machines or materials for personal purposes and act thinking the company’s interest first when implementing duties.
Do not conduct any dishonest acts such as indirectly or directly receiving money or articles, special favors, benefits or entertainments.
Do not conduct any social activities or economic activities that are related with antisocial actions that threaten the order or safety of citizens’ society or that are against the company’s interest.
Do not violate anti-trust, anti-bribery, anti-fraud and anti-corruption laws worldwide.
Perceive the importance of intellectual properties including business secrets, respect others’ rights as well as keep and protecting your rights
Make effort to secure and maintain the company’s intellectual property rights and provide the company’s intellectual property rights to 3rd parties only after getting prior consent or approval of the company.
Do not illegally obtain or use other persons’ or other companies’ confidential information.
Respect 3rd parties’ intellectual property rights such as patents, copyrights or trade mark rights and do not conduct any actions that do harm to the company such as intentionally infringing or unjustly using 3rd parties’ intellectual properties.
Record and control the company’s information known while Implementing duties as intellectual properties and maintain security
Accurately and clearly record and report various kinds of information related with business activities and control as the company’s intellectual properties.
Never disclose any information obtained while implementing duties without prior consent or approval while working in the company and after retiring from the company.
Do not use any information on the company or information obtained during the process of implementing duties dishonestly or unjustly.
Maintain sound colleague relations
Superiors shall not give any unjust work instructions not related with the company or business purposes to inferior staffs.
Do not conduct any speech or behavior that will impair sound relations between colleagues such as sexual harassment or insulting handicapped persons.
Develop cooperative labor-management culture based on smooth communication, mutual trust and respect between upper and lower employees and colleagues
Maintain and develop labor-management relations for coexistence and co-prosperity based on mutual trust
Do not conduct any act to form a sense of incongruity in the organization or impair sound organizational culture by establishing factions or private organizations based on blood ties, regionalism or school ties.
Do not intervene politics in the status of a member of the company
Respect individuals’ political decisions; provided that, care must be used so that individuals’ decisions would not be misunderstood as the company’s standpoint.
Do not directly/indirectly provide any illegal contributions or expenses to any candidates for officials to be elected, political parties or political committees.
Do not conduct any political activities in the company or use any organization, manpower or properties of the company for political purposes.
All employees should observe the Business principles and officers and managers have responsibility to have staff members under their control observe the Business principles.
If any act of violating the Business principles has occurred, prevent recurrence through thorough elucidation of the cause and education.
All employees should faithfully observe the Business principles and anybody who violates the Business principles shall take responsibility for the relevant act by being subject to disciplinary actions.
If anybody has been forced to conduct any act of violating the Business principles or perceived such acts, he/she shall report it to responsible officers or employees management/auditing departments and take actions after discussing with superiors or officers in advance in the case of any doubtful acts.
|PHONE||82.2.3415.9266 / 82.2.3415.9262||FAX||82.2.3415.9270|
|(Zip code : 04525) Management Check Team, 17F Hanwha Finance Plaza, 92, Sejong-daero,
Jung-gu (Taepyeongno 2(i)-ga), Seoul 04525, Korea