<Concept of ethical management>
- Partner firms - Shared growth/fair trading
- Shareholders - Improve shareholder value/performance, Raise management transparency
- Customers - Trust in the company and its products
- Community - Improve the company’ and leaders’ reputations, Gain trust
To be the best company in everything we do, we have implemented a strict ethical management policy.
Lotte E&C is following a strict ethical management policy to become a company that is loved by people and contributes greatly to society.
<Background>
- Transformation of corporate ethics
- Ethical management has become an integral part of corporate management
- Corporate social responsibility is an essential requirement for success
- Ethical management has become part of corporate competitiveness
- Change in legal, institutional framework
- Law to discourage corrupt behavior
- Laws to criminalize bribery in international commerce
- Change in management environment
- Citizens’ demand for higher standards of social responsibility
- Rising awareness of anti-corruption attitude
- Launch of the Commission against Corruption
- Change in international environment
- OECD agreements
- Launch of the Anti-corruption Round
- Ethical management is an integral part of corporate management
<Direction>
- Improving professional attitude of company people
- Transparent management. Common sense-based management, Build a management system based on trust
- Establish a solid foundation upon which to build a company that is loved and respected by people inside and outside of the organization.
- Create ethical corporate culture