What is ESG?
ESG is an acronym for Environmental, Social, and Governance, and refers to a management strategy that places value on non-financial factors, namely, the environment, society, and governance, for sustainable growth as well as the financial performance of a company.
Environmental
- Introduction of new and renewable energy
- Pollution, climate change
- Waste management
- Environmental management
- Ecosystem diversity
Implementation plans and efforts
Construction and operation of solar energy facilities
Implementing the introduction of roller method to minimize dust in drawing work
Iron scale and waste disposal through specialized disposal companies
Establishing processes to minimize environmental pollution
Social
- Job creation
- Enabling middle-aged and older workers to continue working.
- Respect for human rights and diversity in the workplace
- Strengthening the industrial safety and health system
- Nurturing partner companies regarding ESG and satisfying consumers
Implementation plans and efforts
Creation of various jobs through development of steel wire products as replacement for reinforcement bars
Establishing a flexible employment policy to ensure employment stability for middle-aged and older workers
Establishing plans for cooperation between domestic and foreign workers in the workplace
Establishing industrial safety through risk- assessment recognition and maintenance activities
Achieving customer satisfaction through strengthening raw-material and product quality
Governance
- Transparent governance
- Anti-corruption
- Compliance with corporate ethics
- Fair competition
- Compliance with laws and regulations
Implementation plans and efforts
Enhancing transparency in corporate groups
Planning and implementing internal audits to prevent corruption
Establishment of mandatory legal education for executives and employees for corporate ethics management and the system
Promoting market competition through fair competition
Proper corporate management through compliance with various laws and regulations
Ethics complaints hotline
YOUNG SEONG Co., LTD. welcomes inquiries about ethical management or reports of violations of ethical management by the company and its executives and employees. Your active reporting will be of great help in establishing a more transparent and fair organizational culture.
[User Guidelines]
* Subjects of reporting
– Irregularities, corruption, sexual harassment, bribery, entertainment, etc. related to the work of executives and employees
– Illegal or improper use of company assets
– Acts that damage the company’s image and reputation
– Any business conduct that violates the code of ethics
– Requests for handling personal business-related grievances, such as unfair instructions within the company
* Reporting method and processing procedures
– You can report using your real name, or anonymously.
– Please write the report content as specifically as possible in accordance with the 5W1H principle.
– If you report inaccurate information or false facts, it will not be processed as a complaint.
– The reporting investigation period may take at least seven to 10 days or more, depending on the internal investigation procedure.
How to apply: TEL. 031-358-8304~5 ｜ FAX. 031-358-8307 ｜ E-MAIL. yswn6011@daum.net
* Informant(Whistleblower) protection
– When reporting under their real name, their identity will not be disclosed without their consent.
– When reporting under one’s real name, the protection of the informant is based on the principle of submitting the informant’s real name and accurate evidence.
– If you report corruption related to yourself when reporting your real name, it will be handled according to extenuating circumstances.
– When reporting anonymously, your personal information will be strictly protected and processed.
(However, in the case of slander not based on facts, or reports or complaints related to personal privacy, the informant may be excluded from protection.)
