Fair Trade

    The Fair Trade Compliance Program (CP) is an independently established and operated internal compliance system in order to comply with fair trade-related regulations on their own. By presenting clear standards of conduct related to fair trade to employees, the company has been operating a compliance program since 2002 to prevent violations of fair trade-related laws in advance and to ensure corporate transparency.

    Implementation Requirements for CP
    (8 Essential Elements and Compliance Council)

    • Establishment and implementation of CP standards and procedures

    • Commitment and support for compliance from the CEO

    • Appointment of a compliance officer responsible for CP operations

    • Creation and utilization of a compliance manual

    • Continuous and systematic compliance training

    • Establishment of an internal monitoring system

    • Sanctions for employees who violate fair trade-related regulations

    • Effectiveness evaluation and corrective actions

    • Operation of the Compliance Council

    CP Operational Status

    • Compliance Program (CP)

      To prevent violations of fair trade-related regulations and ensure corporate transparency, POSCO has been operating the Compliance Program since 2002.

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    • Compliance Manual and Training

      POSCO publishes the ‘Fair Trade Compliance Manual’ to assist employees in complying with fair trade-related regulations.

      The manual is regularly updated to incorporate the latest legal amendments. Furthermore, a compliance manual mobile app has been developed and is being operated to enhance accessibility for employees.

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    • Self-Inspection System and Council

      We conduct risk inspections for legal violations using the Fair Trade Self-Inspection Checklist, led by operational departments.

      Additionally, we have established a Compliance Council composed of relevant department heads and have selected action leaders for each department to ensure the effective operation of the Fair Trade Compliance Program.

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