Ethical Management
Ethical Management
Project Background
SK Square believes that ethical management constitutes the company's competitive edge and pursues sustainable happiness for all its stakeholders, including employees.
Code of Ethics
SK Square has enacted the “Code of Ethics” to implement and promote ethical management, and has used it as a criterion for decision-making and behaviors in all business activities.
Code of Ethics |
Scope of Application
Status of Pledge to Practice Ethical Management
Percentage of employees signing on the pledge | |
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Unit | % |
2021 | - |
2022 | 98 |
2023 | 99 |
Category | Unit | 2021 | 2022 | 2023 |
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Percentage of employees signing on the pledge | % | - | 98 | 99 |
Ethical Management System
Goal
Practicing Corporate Ethical Management That All Stakeholders Can Trust
Implementation System
Code of Ethics |
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Code of Ethics Implementation Guide | |
BP Pledge of Ethical Practice (required to sign up to Open4U and attached to the standard agreement for contracts) |
Implementation Organization |
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Audit Committee |
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Ethical Management |
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Spreading Awareness |
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Policy of Ethics and Anti-corruption Education
SK Square regularly conducts ethics education to internalize ethical management and spread an ethical culture. Moreover, it institutionalized compulsory ethics education for all employees(including part-time and contract work). It is reported that 97% of its employees attended ethics education in 2022.
Ethics Education Implemented
Status of Ethics and Anti-Corruption Education
Percentage of participation in ethics and anti-corruption education | |
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Unit | % |
2021 | - |
2022 (Q2) | 97 |
2023 Target | 100 |
Category | Unit | 2021 | 2022 (Q2) | 2023 Target |
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Percentage of participation in ethics and anti-corruption education | % | - | 97 | 100 |
Management Diagnosis (Audits)
SK Square conducts regular internal management diagnosis (audits) on ourselves and all subsidiaries under practical control of SK Square to eliminate ethical risks in advance and practice ethical management centered on prevention. In addition, we continue to improve the level of internal control on each major functions of the company through self-regulation system monitoring.
Management diagnosis (audit) checklist |
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Management diagnosis (audit) cycle |
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Self-regulation system monitoring |
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Management diagnosis (audit) checklist |
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Management diagnosis (audit) cycle |
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Self-regulation system monitoring |
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Management Diagnosis(audit) Status
Number of management diagnosis (audit) | |
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2021 | - |
2022 | 2 (two subsidiaries) |
2023(plan) | 3 (three subsidiaries) |
Number of self-regulation system monitoring areas | |
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2021 | - |
2022 | 6 |
2023(plan) | 6 |
Category | 2021 | 2022 | 2023(plan) |
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Number of management diagnosis (audit) |
- | 2 (two subsidiaries) | 3 (three subsidiaries) |
Number of self-regulation system monitoring areas |
- | 6 | 6 |
Counseling and Reporting System
SK Square operates various channels that enable stakeholders to freely consult and report on ethical management in order to establish transparency and trust in ethical management. Reports received through the ethical management consultation and reporting system are handled promptly and fairly. The guidelines are also established and applied to protect whistleblowers.
Ethics Violations Reporting and Handling Process
Status of Reporting and Handling of Corruptions
Number of violations of anti-corruption regulations | |
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Unit | Case |
2021 | 0 |
2022 | 0 |
Number of ethical management issues reported | |
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Unit | Case |
2021 | 0 |
2022 | 5 |
Percentage of valid reports (investigated cases) | |
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Unit | % |
2021 | 0 |
2022 | 100 |
Number of disciplinary actions due to unethical behavior | |
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Unit | Case |
2021 | 0 |
2022 | 0 |
Category | Unit | 2021 | 2022 |
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Number of violations of anti-corruption regulations | Case | 0 | 0 |
Number of ethical management issues reported | Case | 0 | 5 |
Percentage of valid reports (investigated cases) | % | 0 | 100 |
Number of disciplinary actions due to unethical behavior | Case | 0 | 0 |