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Governance

Ethical and legal risks

GS Energy has established and operated a compliance management activity system to prevent risks of violating various laws and regulations, such as violations of the Fair Trade Act or misconduct that may occur in the process of carrying out the business.

Ethics and legal Risk Management System

For corporate ethical management management, we have established ethical norms and detailed action guidelines that all executives and employees must comply with.
We are paying attention to managing ethical and compliance risks by operating ethical management reporting lines and grievance handling channels at all times and practicing compliance activities such as writing self-compliance pledges for executives and employees.

Code of Ethics
Present specific, codified form of action guidelines
  • Code of ethics
  • Code of Practice for Ethics
  • Self-compliance business regulations
A supervisory organization
Ethical management departments and executives, internal reporting systems
  • Legal Compliance Office
  • Ethical Management Reporting Line
Ethical education
Performance of regular pledges to comply with corporate ethics
  • A pledge of self-compliance
Code of Ethics
  • Ethical Norms

    Regulations on the purpose, content, and subject of practice of GS Energy's ethical management

  • Code of Practice for Ethics

    Provide criteria for decision-making and judgment on possible ethical conflicts while performing duties

  • Self-compliance business regulations

    Establishment and scope of duties of an implementation organization related to self-compliance management

  1. 1 Customer Satisfaction Management

    Recognizing that customers are the foundation of the company's profits and growth, the strives to achieve customer satisfaction by providing the true value that customers desire.

  2. 2 Coexistence and Co-prosperity with Cooperating Companies

    With transparent and fair transactions, the company seeks mutual growth through mutual trust and cooperation.

  3. 3 Respect for Employees and Executives and Adherence to Basic Ethics

    The company and its employees and executives faithfully fulfill their obligations for mutual growth and development based on mutual trust and respect.

  4. 4 Protecting the Interests of Shareholders

    The company protects the interests of shareholders by conducting efficient and transparent management activities that shareholders can trust and invest in.

  5. 5 Contribution to the Nation and Society

    As corporate citizens, the company respects national policies and all laws, fulfilling our social responsibilities.

  6. 6 Environmental, Health, and Safety centric management

    The company makes its best efforts for environmental protection and strives for accident-free workplaces.

Means of implementing
ethical management
Ethical Management Reporting Line
사진
REPORT

We operate direct calls and e-mails that can be received by all stakeholders, including employees, customers, and suppliers, regarding misconduct and unfair cases with suppliers.

Grievance channel
사진
CHANNEL

Employees and other reporters who are affected by human rights violations or are aware of related risks operate a grievance channel that allows them to receive reports.
In the event of human rights issues such as harassment or sexual harassment in the workplace, you can report them through a direct phone.

A report protection policy
사진
PROTECT

When receiving ethical management reports and grievance reports, we thoroughly guarantee anonymity so that the reporter is not disadvantaged by the report under the responsibility of the dedicated department.

A pledge of self-compliance
사진
PLEDGE

In order to spread the culture of ethics and compliance management throughout the company, we are preparing self-compliance pledges for all executives and employees. Through this procedure, all executives and employees of GS Energy promise to comply with and take responsibility for the company's regulations, ethical standards, and fair trade laws in the course of performing their duties.

Number of violations of ethical management
Category 2020 2021 2022
Violations of ethical management 0 0 0
Violation of fair trade laws 0 0 0

Unit : Case

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