SK proudly supports Busan's Bid to host the World EXPO 2030. SK proudly supports Busan's Bid to host the World EXPO 2030.
  1. Company
  2. Portfolio
  3. Investor Relations
  4. Sustainability
  5. News

Sustainability

SK Square aims to become a sustainable investment company based on ESG management.

Employees’ Human Rights

SK Square respects the freedom and human rights that everyone, including employees, is entitled to. We support the global human rights declaration, have enacted related policies and norms, and comply with them throughout management.

Human Rights Management Principles

SK Square understands that respect for human beings is the top priority in business management. We support the Universal Declaration of Human Rights and the United Nations Guiding Principles on Business and Human Rights, and based on their details, enacted a human rights policy to prevent human rights violations. We would share this with all our stakeholders, and we intend to strictly observe human rights protection in all business activities.

SK Square Human Rights Management Principles

Respect for human rights
  • We respect all employees as human beings and strive to avoid any acts that constitute human rights violations.
Prohibition of forced labor
  • We do not force employees to work against their free will by mental or physical restraints, including slavery or human trafficking, and do not require the transfer of government-issued IDs, passports, or work permits as a condition of employment.
Prohibition of child labor
  • We do not employ children and youth under the age of 15.
Young labor
  • In the case of minors under the age of 18, they shall be employed in compliance with labor-related laws and shall not engage in dangerous or harmful work.
Working hours
  • Regular working hours and overtime hours follow the standards set by the labor-related laws of each country or region.
Non-discrimination
  • We do not discriminate in employment on any grounds such as gender, race, nationality, ethnicity, or religion, and in terms of working conditions such as wages and promotions for the same reasons.
Freedom of association
  • Freedom of association and the right to collective bargaining shall be guaranteed in accordance with the labor-related laws and regulations of each country or region. In addition, we do not treat employees unfavorably for reasons of union membership, activities, or formation.
Safe working environment
  • By complying with international standards, related laws, and internal regulations on the working environment, we create a pleasant working environment and prevent safety-compromising accidents.

Human Rights Policy

  • SK Square's promises to ensure that the human rights of all employees and stakeholders are respected
Respect for human rights
  • We respect all employees as human beings and strive to avoid any acts that constitute human rights violations.
Prohibition of forced labor
  • We do not force employees to work against their free will by mental or physical restraints, including slavery or human trafficking, and do not require the transfer of government-issued IDs, passports, or work permits as a condition of employment.
Prohibition of child labor
  • We do not employ children and youth under the age of 15.
Young labor
  • In the case of minors under the age of 18, they shall be employed in compliance with labor-related laws and shall not engage in dangerous or harmful work.
Working hours
  • Regular working hours and overtime hours follow the standards set by the labor-related laws of each country or region.
Non-discrimination
  • We do not discriminate in employment on any grounds such as gender, race, nationality, ethnicity, or religion, and in terms of working conditions such as wages and promotions for the same reasons.
Freedom of association
  • Freedom of association and the right to collective bargaining shall be guaranteed in accordance with the labor-related laws and regulations of each country or region. In addition, we do not treat employees unfavorably for reasons of union membership, activities, or formation.
Safe working environment
  • By complying with international standards, related laws, and internal regulations on the working environment, we create a pleasant working environment and prevent safety-compromising accidents.
Human Rights Policy
  • SK Square's promises to ensure that the human rights of all employees and stakeholders are respected

Human Rights Grievance Reporting Channel

SK Square operates a channel through which employees and other individuals (organizations) who have suffered human rights violations or are aware of human rights risks can report them. Depending on the case, we designate a person in charge and a department in charge to select specific remedies, and discuss grievances carefully. Submit to: https://ethics.sk.co.kr Report

Grievance Settlement Procedure

[File a grievance] Using grievance e-mail or reporting site > [Identify and review grievances] Confirmation of details and facts, and protective measures for whistleblowers > [Share review results] Deliver the results of the review and listen to the opinions of the perpetrators > [Grievance settlement] Conduct personnel measures such as disciplinary action and training to prevent recurrence of select cases
Number of reported human rights violations
Unit Case
2021 -
2022 (Q2) -
2023 Target 0
Percentage of reported human rights violations processed
Unit %
2021 -
2022 (Q2) -
2023 Target 100
Category Unit 2021 2022 (Q2) 2023 Target
Number of reported human rights violations Case - - 0
Percentage of reported human rights violations processed % - - 100

Human Rights Risk Management Process

SK Square has established an internal management system for employees and related stakeholders to address the risks of direct or indirect human rights violations in the course of business activities, supports risk mitigation and remediation, and shares the results.

Human Rights Risk Management System

Human rights policy enactment and declaration > Compliance with human rights management > Human rights risk inspection > Support for human rights risk mitigation and remediation > Disclosure of human rights risk management status

Human Rights Risk Check Results (Human Rights Impact Assessment)

As a result regular human rights impact assessment, we confirmed that some improvements were necessary to protect the right to quality rest. Therefore, we implemented immediate improvement measures such as improving the rest area and guaranteeing rest time.

Percentage of human rights risks assessment conducted
Unit %
2021 -
2022 (Q2) 100
Percentage of human rights risks mitigation implemented
Unit %
2021 -
2022 (Q2) 100
Category Unit 2021 2022 (Q2)
Percentage of human rights risks assessment conducted % - 100
Percentage of human rights risks mitigation implemented % - 100

Human Rights Education

SK Square makes human rights education compulsory for employees in order to raise employees' awareness of human rights and prevent risks of human rights violations.

The Human Rights Education Programs

[Workplace sexual harassment prevention training] Guidelines against sexual harassment [Education to improve perception of the disabled] Disability awareness education

Human Rights Education Performance

Human rights education hours
Unit Hour
2021 -
2022 (Q2) 217
2023 Target 230
Percentage of employee participation
Unit %
2021 -
2022 (Q2) 93.8
2023 Target 100
Category Unit 2021 2022 (Q2) 2023 Target
Human rights education hours Hour - 217 230
Percentage of employee participation % - 93.8 100

Improvement Goals

SK Square will increase employees' participation in human rights training to improve the level of human rights management across the company, and at the same time, actively address human rights risks identified as a result of human rights impact assessment. By continuing to monitor human rights-related international guidelines, we will also improve the level of human rights management by upgrading the human rights management system and policy.