본문 바로 가기 (Skip to content)
  • Home
  • About Us
  • Business Policy
  • Business Ethics

Business Ethics

  • 윤리경영 개요
  • 윤리경영 헌장
  • 윤리규정
  • 윤리강령

“An Excellent Global Company”

“An Excellent Global Company” The company makes its endeavor to grow and develop together with all the stakeholders including shareholders by enhancing its values through aggressive and efficient business activities, and to make a contribution to the world’s humanity through its own business.

제정배경 및 목적
The company prepared its own code of ethics to secure trust and ethics for overall stakeholders including shareholders, and to practice a transparent and ethical business. The code of ethics is practiced by employees to secure sustainability of the company.
윤리경영의 정의
It’s a business strategy that creates a competitive edge by fulfilling not only an economic responsibility for sustainable growth, but also its social and environmental responsibility.
윤리규범의 내용
To fulfill its ethical business, the company is required to define the minimal ethical relationship between stakeholders (shareholders and investors, customers, competitors and partners, and society), and along with ethnical and other requirements for employees.
부정비리제보
It’s the right counter that receives opinions, proposals, a corruption report and charges by employees, customers, partners and related staffs.
It’s the representative executive who is directly reported and taking care of processing them.

We, as a corporate, cherish our own responsible for the society, and contribute to the world’s humanity through sustainable growth and development.

With passion and creativity, it exhibits an endless challenge spirit toward the future, and innovates a technology.
Through innovative and efficient business activity, it increases value of the company, and grows into the world’s trustful company.
With respect of social laws and rules as well as market orders, it fulfils its own duties and responsibilities. With a desired corporate culture that meets social responsibility and ethics in place and matured, it grows into an Excellent Global Company.

For these achievements, we pledge to put 『Charter of Ethics』 as the followings in place, which holds the company and its employees accountable into practice as a standard of behavioral and value judgments.

하나
We, as a global company, create a corporate culture in which individuals can display their best creativity, and form a healthy one that is based on honesty and trust.
하나
We secure a competitive edge with continuous developments of technologies, product improvement and the best quality, and fulfill a customer-first principle with the best service that attracts customers’ satisfaction.
하나
We actively participate in a public activity to implement a society with affluent and advanced social welfare, and contribute to materializing an advanced social welfare society with our own social fulfillment and sense of ethics.
하나
We, in compliance with local and international laws as well as social laws, and with respect of market orders, cooperate one another, and grow into an Excellent Global Company in pursuit of co- prosperity.

1. 목적 및 정의

Article 1 (Purpose)
The Code of Ethics (hereinafter referred to as “ Code”) is to provide a judgment on ethical values and acts as standard that requires employees of the organization ((hereinafter referred to as “ Company”) in order to maintain its integrity and sound orders
Article 2 (Definition)

The terms in the Code are as follows.

  1. 1. “Employees” refers to employees of the Company.
  2. 2. “Person in charge of Code” refers to the one that is taking the full responsibility for the Cod, and assigned to team of business management by CEO.
Article 3 (Subjects of application)
The Code applies to all the employees (including temporary employees).
Article 4 (Responsibility and Duty)
All the employees must fully aware of the Code and comply with it. If violated, it’s the one violated should be responsible for.

2. 부당 이득 금지

Article 5 (Ban on intercession and solicitation)
An employee must not offer a favor or solicit that may interfere with fair implementation of duties by other employees in favor of his/her own or other’s illegal interests.
Article 6 (Ban on budget use for other purposes)
An employee must not use a budget for expenses of duty implementation such as expenses of business trip and business operating other than its original purpose, causing damage to property of the Company.
Article 7 (Ban on intervention for rights and interests)
  1. 1. An employee must not take an advantage of his/her position by receiving illegal profits or helping others to do the same.
  2. 2. An employee must not take an advantage of the Company’s name, his/her position at the Company by allowing others to use them in favor of illegal profits by him/her or others.
Article 8 (Ban on use of property for gains)
An employee must not use any properties owned by the Company personally, which is provided for business purposes such as vehicles for duties, supplies, other property, and real estate and taking profits from them.

3. Practicing transparent business

Article 9 (Agreement and implementation of righteous contract)
  1. 1. An employee must not implement his/her duty in fair and transparent manner according to procedures regulated in related laws when bidding, contracts and the implementation are underway.
  2. 2. An employee must not illegally request using his/her superior position over the course of bidding, contracts and the implementation pursuant to Paragraph1 by demanding prohibited valuables or forcing unfair conditions of the trade
Article 10 (Acquisition and management of reasonable and transparent information)
  1. 1. All the information shall be collected legally and recorded precisely. They should not be manipulated or destroyed in favor of interests of the organization.
  2. 2. An employee must record accounting data and other finance management in precise and transparent way based on facts according to generally accepted accounting principles
Article 11 (Ban on information disclosure)
An employee must not leak the information he/she acquired from their duty to third party without prior permission or approval
Article 12 (Ban on use of illegal software)
  1. 1. An employee must not make a copy of software illegally or download it from the internet.
  2. 2. The illegally downloaded software must be deleted, and all the software used in the Company be purchased in legal version.

4. Ban on gambling

Article 13 (Ban on inappropriate use of information communication system)

An employee must not engage in each activity of the following paragraphs using internal information communication system.

  1. 1. Activity with access to obscene sites and illegal gambling and chatting sites
  2. 2. Activity used for inappropriate purpose other than its business purpose
Article 14 (Limitation of gambling)
An employee must not engage in any gambling activities outside social norms such as gambling and golfing for betting
Article 15 (Ban on sexual harassment)

An employee must not engage in each activity of the following paragraphs to do sexual temptation and cause sexual shame interpersonally.

  1. 1. Act either touching a specific physical part or in contact
  2. 2. Act either exchanging an obscene joke or obscene and vulgar words
  3. 3. Act either mentioning appearances of others metaphorically in sexual way or evaluating
  4. 4. Act either disclosing an obscene photo or picture, or showing it
  5. 5. Act either forcing to serve a drink or dance
  6. 6. Act causing a sexual shame in terms of social norms

5. Report and processing of violations

Article 16 (Proposal for business improvement)
  1. 1. An employee can freely present a proposal on business to CEO.
  2. 2. CEO can make a present to the committee of employment for consultation or decision by vote with the proposal after reviewing its urgency and importance.
Article 17 (Report and processing of violations)
  1. 1. Any employee can report the person in charge of the Code and CEO by the time he/she knows a violation.
  2. 2. The person in in charge of the Code must report the reported violation to CEO with submission of proof data pursuant to Paragraph 1 after it was verified.
Article 18 (Guarantee of a reporter’s identity)
  1. 1. An employee must keep the reporter and report details secret, and not allow for any disadvantage or discrimination against the reporter
  2. 2. Despite the previous Paragraph, the report who experienced any disadvantage or discrimination can request for protection and relief to the Company, and in this case, the Company must take an adequate action.
  3. 3. In reporting an illegal activity, a reporter who has found his/her involvement in the activity can be subject to penalty reduction or exemption when disciplinary action is taken.
Article 19 (Awards and discipline)
  1. 1. Any employee who made a contribution to establishment of ethical business in compliance with the Code can be awarded accordingly by increasing his/her evaluation of employee.
  2. 2. The Company can take a necessary action to discipline an employee in violation of the Code.
  3. 3. The Company can establish a committee of employment to review and screen for award and penalty, which comprises of executive employees and the team leader.
  4. 4. The chairman of committee of employment is taken by CEO, and it has members of the committee comprising more than 2 executives excluding employees of higher position at the department, director of business support division and the team leader of HR. As reference witness, an auditor can be attended in the committee.
  5. 5. The award and penalty shall be according to results by the committee.
Article 20 (Person in charge of the Code)
  1. 1. Person in charge of the Code must take the full responsibility of the Code, and perform each duty of the following paragraphs.

    1. A. Providing an education and consulting of the Code
    2. B. Providing a report, receipt, processing of any violation, and action to protection of the reporter
    3. C. Performing a management function of the committee of employment
    4. D. Providing requirements by other related regulation and operation of the Code
  2. 2. Person in charge of the Code must leak any secrets acquired from his/her duty pursuant to Paragraph 1
Article 21 (Operation of the Code)
The Company can establish requirements for operation of the Code for implementation.

To materialize its Vision of 「An Excellent Global Company」under the foundation spirit that it as a good company, would make a contribution to the nation and society, Dongbu Daewoo Electronics will try to become a 「Blue-Chip Company with the global competitiveness in terms of business management, a 「Good Workplace」 in terms of organization and a 「Trustworthy Company」from its customers and society.

  1. 1We respect our customers, and always providing the best product and service to them.
  2. 2We protect rights and interests of its shareholders, and secure reliability through provision of transparent information.
  3. 3We provide the desired working environment by giving equal opportunity to employees.
  4. 4We build mutual trust and cooperative relationship through fair trade with our partners.
  5. 5We protect environment and make a contribution to society in compliance with various laws.
  6. 6We establish a clean organization without illegal wrongdoings and irrationality. For these, it establishes the Code of Ethics that requires all the employees to comply with as standard for the right values and actions, and strictly to follow the regulations.
Chapter 1 Responsibility and Duties for Customers
1. Customer Respect
  • We always think from the standpoint of our customers, and provide the best product and service to meet the needs of customers with reliability for customer’s satisfaction.
  • We provide precise information on products and services for our customers.
2. Customer Protection
We do protect interests and safety of our customers, and personal information. We do not engage in any illegal activity on customers.
3. Quality Management
  • We contribute to creation of customers’ values by continuously improving quality of our products and services through quality business.
  • We respect opinions of our customers, and utilize them for improvement of products and services.
Chapter 2 Responsibility and Duties for Shareholders
1. Protection of Shareholders’ Rights and Interests
  • We protect rights of our shareholders, and respect any right demands and proposals by shareholders.
  • We strive to maximize profits of shareholders based on mutual trust relationship between shareholders and investors by faithfully disclosing business information.
2. Increased Provision of Information
  • We help an information user such investors to make a decision for rational investment by providing our business information timely according to related laws and rules
3. Transparent Management
  • We increase reliability of accounting information and ensure transparency.
Chapter 3 Responsibility and Duties for Employees
1. Fair Treatment
  • We do not unfairly discriminate employees and do give an equal opportunity to them depending their capability and talents.
  • We fairly evaluate performance of an individual, and rationally compensate it.
2. Creation of Working Environment
  • We create a working environment in which employees can work with sense of ownership and pride.
  • We try to maintain health of employees, and provide a safe working environment to them.
  • We create an environment where independent personality and the basic rights of employees are respected and a proposal and suggestion by employees can be made freely.
3. Human Capital Management
  • We respect autonomy and creativity of individual employees, and support development of their capability.
  • We propose a desirable talent for employees and actively nurture the talent.
Chapter 4 Responsibility and Duties for Partners
1. Fair Trade
  • We build mutual trust and cooperative relationship with our partners through fair trade, and pursue mutual development.
  • We do not force any type of unjust activities taking advantage of our position or influence with it.
1. Fair Trade
  • We build mutual trust and cooperative relationship with our partners through fair trade, and pursue mutual development.
  • We do not force any type of unjust activities taking advantage of our position or influence with it.
2. Pursuit of Mutual Development
  • We actively support our accounts to be competitive for growth through technology assistance and business instruction, and mutually share profits created from innovation.

Chapter 5 Responsibility and Duties for Community and the Nation

1. Compliance with Local and International Laws
  • As a member of the nation and community, we will not only comply with all the laws and rules, but with general laws and rules of the international community.
2. Environmental Protection
  • We protect the nature, and preserve a clean environment.
3. Contribution to Society
  • We make a contribution to the nation’s economy and social development through increased productivity, employment creation, faithful payment of tax and social contribution.

Chapter 6 Basic Ethics for Employees

1. Fair Implementation of Duties
  • We always perform all the duties in honest and fair manner, and create a sound culture of business.
  • e do not take any monetary profits from the persons concerned that may impede its fairness in the duties.
  • We do not engage in immoral and unethical activities regarding to everyday of life and the related duties that could be blamed by the society.
2. Establishment of Sound Corporate Culture
  • An employee should faithfully perform his/her duty according to the Company’s policy while sharing its business philosophy and agreeing on objectives and values the Company has pursued.
  • An employee should create a sound culture of organization based on smooth communications with his/her colleagues as well as bosses and mutual trust.
  • An employee should do his/her best to help settle ethical business and successfully materialize performance-based business, and not engage in any unfair trade and activities with illegality and irrationality.
3. Compliance with Practical Guidelines of the Code of Ethics and Creed of Ethics
  • - An employee should faithfully comply with code of ethics and action guidelines of ethical business, and if violated, he/she should take the responsibility for the violation.
Quick Menu