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Ethical
Management
We aim to become a company respected by all based
on an upright corporate culture.

KOLON Corporation is the holding company that drives the continued innovation of the KOLON Group.

We believe corporate social responsibility is more than about complying with laws and regulations. We strictly adhere to ethical management practices to ensure co-prosperity of all members of society.

Ethical Management on the Move

01
Maximizing the audit competency
by fulfilling the demands of the subsidiaries
and reinforcing cooperation with them.
03
Building a legal risk management system
based on the company's readiness to take action
to sharpen competitiveness.
02
Helping a sound
corporate culture
take root by adhering
to ethical management
practices at all times.
  • Ethical management that is pioneering

    • Interviewing each subsidiary to identify the areas requiring audits and receiving applications for audits
    • Carrying out pre-planned audits by theme
    • Encouraging regular exchanges between our subsidiaries regarding the operation of the audit systemg and inspections about reported matters
    • Helping the Group's audit organization retain independence by stipulating the pertinent rules and regulations
  • Constant, all year round audits

    • Auditing our subsidiaries by putting the constant, all year round audit system into operation
    • Putting into operation the preventive audit system for the non-listed small subsidiaries
    • Frequently inspecting each subsidiary's accident and crisis management capabilities
  • Focus on boosting the sense of ethics

    • Providing online and offline ethical management training
    • Actively encouraging the reporting of corruption cases and taking thoroughgoing follow-up measures
      • - The protection program for informants reinforced
      • - The channels for corruption reporting diversified to those both inside and outside the KOLON Group
    • Running a separate website dedicated to ethical management
    • Supporting the collection and publication of exemplary cases within the group
  • Our legal risk management system powered by our readiness to take action

    • Managing legal risks in a preemptive, preventive manner through active communication
    • Providing a legal checklist and guidelines for important contracts and tasks
    • Providing one-stop legal support in collaboration with lawyers from Korea and beyond
    • Flexibly and aggressively responding to legal risks