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BUSINESS ETHICS ETHICS

Clean and Transparent Management

We strive to be a company trusted and loved
by all of our stakeholders.

01ETHICAL MANAGEMENT

About Ethical Management

Ethical management means that, as a member of the national economy and society, a company not only complies with relevant laws and social norms in fulfilling its fundamental role, but goes a step further to practice clean and transparent management so that it can earn the trust and affection of the many stakeholders around it.

K-LNG regards ethical management as one of the most important elements of corporate competitiveness. By having all members share and actively practice the value of ethical management, we will take the lead in creating a world where not only all of K-LNG's stakeholders but ultimately society as a whole can be happy.

K-LNG also regards ethical management as the foundation of its corporate culture and will continue to develop it. We ask for the generous support and cooperation of our customers, shareholders, partners and employees so that we can continue to earn the trust and affection of society.

RESPONSIBILITIES

Responsibilities to Stakeholders

We fulfill our responsibilities to customers, shareholders, partners, the nation and society, and our members,
and all employees practice basic ethics.

  • 01

    CUSTOMER

    Responsibility to Customers

    • Customers are the foundation of our existence
    • Delivering the best value to customers
  • 02

    SHAREHOLDER

    Responsibility to Shareholders

    • Maximizing shareholder value
    • Providing accurate management information to shareholders
  • 03

    COMPLIANCE

    Legal Compliance and Fair Competition

    • Complying with laws and respecting commercial practices
    • Respecting free market competition
  • 04

    PARTNER

    Fair Dealing with Partners

    • Following fair and transparent procedures
    • Neither receiving nor requesting undue support
  • 05

    SOCIETY

    Responsibility to the Nation and Society

    • Faithfully fulfilling our role and duties as a member of society
    • Political neutrality
  • 06

    PEOPLE

    Responsibility to Our Members

    • Developing creative talent
    • Fair evaluation and rewards

07FOUNDATION

Basic Ethics for Employees

  • Honesty and Integrity
  • Establishing Sound Values
  • Fair Performance of Duties

02CODE OF CONDUCT

Code of Ethics and Conduct

Recognizing that a fair and clean corporate culture is the foundation of corporate competitiveness, all employees pledge to observe the company's Principles of Business Ethics and Code of Conduct in conducting business and duties both internally and externally.

Principle 01

We comply with laws and order.

We comply with the laws of every country where we do business, respect local commercial practices and customs, and conduct fair and transparent business under the principles of free competition to become an exemplary and competitive company.

Employee Code of Conduct

  1. 1.1We comply with all laws and regulations in every region, in Korea and abroad, where we do business.
  2. 1.2We uphold sound commercial order through fair competition within the industry.
  3. 1.3We act in a socially and ethically responsible manner that preserves the dignity of individuals and the company.

Principle 02

We respect our superiors, colleagues and subordinates.

We respect one another as equals and do our best to build fair and healthy working relationships based on open communication and trust.

Employee Code of Conduct

  1. 2.1We treat each other fairly, without unjust instructions, harm or discrimination.
  2. 2.2We do not engage in violence, verbal abuse or sexual harassment among employees.
  3. 2.3We do not engage in gambling, money lending, gift-giving or private associations among employees.

Principle 03

We respect our customers, shareholders and partners.

We build mutual trust by clearly understanding and observing the ethical standards of our customers and shareholders, and pursue mutual growth with partners through fair and transparent transactions.

Employee Code of Conduct

  1. 3.1We observe the ethical standards of customers and shareholders and do not offer improper solicitations, gifts or entertainment.
  2. 3.2We do not accept any money, gifts, entertainment or favors from partners.
  3. 3.3We respect partners' employees and do not make unfair demands of or cause harm to partners.

Principle 04

We maintain a clean corporate culture.

We maintain a clean corporate culture by enhancing management transparency in all activities, actively protecting company assets and strictly separating public and private matters.

Employee Code of Conduct

  1. 4.1We manage the company's financial position and performance transparently in accordance with accepted accounting standards.
  2. 4.2We actively protect company assets and information and do not use or acquire them for personal purposes.
  3. 4.3We understand and actively practice the company's ethics policies to maintain a clean corporate culture.

03REPORT

Report

If you suspect any misconduct or wrongdoing by our employees, please do not hesitate to report it.

  • Independent External BodyReports are received and investigated by Hahn & Co. CSG.

  • Whistleblower ProtectionThe identity of whistleblowers is always protected.

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