For transparent management activities that maintain integrity, Daejung Hwaeum has enacted the 'Code of Ethics' to provide standards for all executives and employees to make correct and ethical decision-making.
Daejung Chemical will establish a clean corporate culture through continuous efforts and become a company that fulfills its social roles and responsibilities as a reagent leader.
Chapter 1 Attitude toward Shareholders and Investors
1. Protection of the rights and interests of shareholders
The company protects the rights of shareholders and respects the legitimate requests and suggestions of shareholders.
The company diligently discloses management information to build a relationship of mutual trust with shareholders and investors, and strives to maximize shareholder profits.
2. Equal treatment
The company treats all shareholders, including minority shareholders, fairly and equally.
The company always considers the interests of all shareholders and makes management decisions so that the interests or rights of minority shareholders are not unreasonably infringed.
3. Active information provision
The company records and manages accounting data in accordance with generally accepted accounting principles to transparently provide financial status and business performance.
The company always considers the interests of all shareholders when making business decisions, so that the interests of minority shareholders are not unreasonably infringed on.
Chapter 2 Attitude towards customers
1. Customer Respect
The company always thinks and acts from the customer's point of view, and strives to realize customer satisfaction by providing the best products and services that satisfy and trust customers.
The company provides accurate information about products and services to customers and does not exaggerate or advertise.
2. Customer protection
The company protects the interests, safety and personal information of customers and does not act unfairly to customers.
The company respects and complies with consumer protection laws.
Chapter 3 Attitude toward Competitors and Suppliers
1. Fair competition with competitors
The company respects the fair and free market economy order based on the principle of free competition and competes fairly with competitors.
The company respects fair trade order and complies with fair trade laws.
2. Fair dealings with business partners
The company pursues joint development by establishing mutual trust and cooperative relationships with partners through fair trade.
The company does not use its superior position to force or exert influence in any form of unfair conduct.
Chapter 4 Responsibilities for Employees
1. Fair Treatment
The company does not unfairly discriminate against its employees and provides fair opportunities according to their abilities and qualifications.
The company establishes evaluation standards for the qualities, abilities, and achievements of executives and employees, evaluates them fairly and rewards them.
2. Creating a working environment
The company strives for the health and safe working environment of its employees.
The company supports self-realization along with human resource development by respecting the autonomy and creativity of individual executives and employees and providing fair opportunities to improve their abilities.
The company respects the independent personality and basic rights of its executives and employees, and creates an environment where they can make free suggestions and suggestions.
Chapter 5 Responsibility to Society
1. Compliance with domestic and foreign laws
As a member of the national and local communities, the company not only complies with various laws, such as the Monopoly Regulation and Fair Trade Act, the Anti-Corruption Act, etc.
We comply with all international laws and regulations, such as the International Organization for Economic Cooperation and Development (OECD) Convention on the Prevention of Bribery in International Transactions.
2. Contribute to national economic and social development
The company contributes to the national economy and social development through improvement of productivity, creation of employment, faithful payment of taxes, and social contribution.
3. Environmental protection
The company strives to protect nature and preserve a clean environment.
Chapter 6 Basic Ethics of Employees
1. Establishment of a healthy corporate culture
Executives and employees share the company's management philosophy and sympathize with the goals and values pursued by the company, and faithfully carry out their assigned missions in accordance with the company's management policy.
Employees create an organizational culture based on smooth communication and mutual trust between their superiors and colleagues within the company..
Executives and employees shall do their best to perform their assigned duties in a fair way and comply with all relevant laws and company regulations related to their work.
2. Prohibition of Conflicts of Interest
Executives and employees make every effort to prevent any action or relationship that conflicts with the company, and if there is a conflict of interest between the company and an individual or department, the company's interests should be prioritized and acted upon.
3. Prohibition of use of inside information
Employees shall not trade stocks using inside information acquired in the course of business.
Executives and employees shall not provide undisclosed material information that may affect the stock price to a third party without due process.
4. Protection of company property and important information
Executives and employees must protect the company's physical properties, intellectual property rights, trade secrets, etc., and do not use it for personal purposes.
Employees shall not pursue personal gain using their position or engage in unfair trade practices using non-public information obtained from the company.
Employees must not disclose important information that may affect the company's profits to the outside world.
5. Sexual Harassment Prevention
Executives and employees shall not engage in any language or behavior that harms healthy co-worker relationships, including physical, physical, or verbal behavior that is recognized as causing sexual humiliation.
6. Prohibition of political involvement
Employees do not engage in political activities during office hours and do not use the company's organization, manpower and property for political purposes.
Although individual suffrage and political views are respected, executives and employees must ensure that their political views or political involvement are not misunderstood as the company's position.
7. Prohibition of giving or receiving money or entertainment
Employees shall not receive money, gifts or entertainment from stakeholders such as business partners.
Executives and employees shall not provide money, valuables, or gifts or entertainment beyond the scope recognized by social norms to stakeholders, such as business partners, in connection with the company's business.
Executives and employees shall not accept money or valuables or excessive gifts or entertainment with each other.
8. Compliance with the Code of Ethics
All executives and employees must abide by the Code of Ethics, and in case of violation, take responsibility for their actions.
When executives and employees are forced to act against the code of ethics or become aware of unfair practices, they must report it to the department in charge of ethical management.
When a violation of the Code of Ethics occurs, executives and employees prevent recurrence through thorough investigation of the cause and education.