Sustainable Initiatives
to Sustain a Brighter World

We are committed to nurturing a world that’s sustainable by preserving our planet and empowering people for a happier, vibrant and energy efficient future.

Social Contribution Management

Find out about Hyosung's various corporate charity efforts.

“We will be with you through sharing.”

Social Contribution Management of Hyosung Group and Chairman Hyun-joon Cho.

Hyosung plans to expand the scope of social contribution activities gradually so that more people can benefit from its programs and services. Chairman Hyun-joon Cho announced his plans of creating a corporate culture wherein more employees participate in social contribution activities. "As a businessman, I will focus on business management and investment through which to contribute to promoting the economy, at the same time fulfilling

our social responsibilities by providing realistic help to our neighbors," Chairman Hyun-joon Cho Said. Hyosung strives to create a better society by carrying out various social contribution activities focused on three main objectives: "Helping the Underprivileged Achieve Financial Independence and Sustainable Livelihood"; "Sponsorship for Culture and Art"; and "Supporting National Defense and Veterans."

Social contribution news can be read from the Public Relations Center (News Center).

Eco-Conscious Management

We will be the company that makes a cleaner environment and a brighter future.

“Cultivating the future, saving the planet”

Blue skies, warm sun, clean water, cool breezes – Nature endows us with healthier, richer lives. Hyosung is taking responsibility to protect such precious gifts of nature. With its efforts to minimize CO2 emissions and wastewater from its production facilities, Hyosung strives to preserve the environment and by hel

people enjoy a cleaner environment. Hyosung continues to develop technologies to recycle resources and cut energy consumption, as well as transitioning to new energy sources.

We will lead in environmental protection through our green activities.

The Code of Conduct

Hyosung will earn your trust with honest business practices.

“Honesty & trust are our fundamental business principles.”

In an effort to ensure more transparency in its business management, Hyosung has adopted the ‘Code of Ethics’ so that

all employees can refer to it as a set of guidelines to make decisions properly and ethically. Hyosung will continue to facilitate healthy corporate culture and fulfill its social roles and responsibilities as a global corporate citizen.

General Principles

I. Scope of Applicability

The Hyosung Code of Ethics applies to all affiliated companies, including the holding company of Hyosung and all employees.

II. Monitoring the Code of Ethics

Hyosung can regularly review the Code of Ethics and may require advice from the Compliance Officer when encountering unclear or ambiguous application standards.

III. Reporting Violations of the Code of Ethics

All stakeholders subject to the Code of Ethics shall report violations to the Compliance Officer right after perceiving them without delay. Any decisions or actions contrary to the Code of Ethics may be investigated and penalized according to the company regulations.

Unethical behaviors or corruption can be reported through the Reporting Center. We guarantee the identity of the informer is kept secret, and any disadvantage or discrimination against the informer is prohibited.

I. Compliance with Laws and Regulations

" We strictly comply with laws and company regulations."

1. We respect the national laws and comply with all regulations and socially defined norms of conduct.

2. We strictly comply with the company’s business policies and regulations and fulfill our responsibilities and duties.

3. We regularly create jobs by earning honest business profits and earnestly fulfilling our basic roles as members of our society.

4. We respect the market economy rules and trading practices not only in domestic regions but also overseas regions that the company is operating in and comply with the laws and regulations accordingly.

5. We never conduct or get involved with illegal insider trading or money laundering.

II. Customer-respecting Management

"A company exists to offer the value that can satisfy customers."

1. Gaining the trust of our customers is our most important priority.

2. We provide distinguished quality and service that can satisfy the needs of our customers

3. We strive to establish transparent and fair business practices with our customers and develop healthy partnerships.

III. Shareholder-oriented Management

"A company belongs to its shareholders and it should absolutely gain their trust."

1. We increase the profits for our shareholders and investors by creating value with better performance.

2. We conduct business logically and transparently to gain the trust of both our shareholders and investors.

3. We respect the rights of our shareholders and investors and offer them all the necessary information at the appropriate time to realize profits with integrity.

IV. Employee-respecting Management

"Each of the employees is the most important asset of the company."

1. We mutually respect the character of each of our fellow employees and establish a sensible corporate culture based on mutual trust and understanding.

2. We create a pleasant and safe workplace where individuals can openly express their creativity.

3. We do not discriminate based on unreasonable grounds, such as nationality, educational background, place of birth, gender, age, religion, disability, political inclination, or marital status.

V. Employees Compliance Management

"All employees aim to perform their tasks in a transparent and fair manner by complying with ethical management"

1. Employees do not force, impose or respond to unfair or unethical tasks within the organization.

2. Employees do not accept or promise bribes

3. Employees try to avoid any conflict of interest between the company and customers as well as among customers and prioritize the interests of the company and customers if any conflict of interest occurs.

4. Employees strictly manage and protect corporate and customer information which is acquired to complete work-related tasks and do not use it for private purposes.

VI. Suppliers Shared Growth Management

"Suppliers are a source of competitive edge for the company, and we aim for shared growth based on transparent and fair trading with suppliers."

1. When selecting suppliers, it is considered whether they comply with Hyosung’s human rights, environmental and social values.

2. A business trade with a supplier is made in an equal position, and we do not engage in unfair trade practices, abusing our superior position.

3. We create a foundation for shared growth with suppliers by enhancing their sustainability through multi-faceted support activities.

VII. Social Responsibility Management

"A company is a member of society and must achieve harmony with society to grow."

1. We fulfill all the responsibilities and duties as a member of society as well as strive to achieve mutual prosperity and progress through social contribution efforts.

2. We aspire to be an environmentally friendly company and try to get appreciation and respect from the community.

Eco-Conscious Management

“Hyosung practices Corporate Social Responsibility”
Hyosung's sustainability management is to fulfill its economic, social, and environmental responsibilities based on the mission to lead a better life for mankind with the best technology and management capabilities. Through communication and cooperation with various stakeholders such as customers, employees, suppliers and local communities, Hyosun

continue to promote corporate management that can contribute to domestic and global issues, leading the way in creating a sound ecosystem for companies and society to grow together.