With the management philosophy to become and ‘exemplary’, ‘progressive’ and ‘together’ company, KT&G strives to contribute to customers, shareholders, society and the nation. To this end, KT&G set forth the Charter of Ethics and the Code of Ethics for each and every employee to follow in taking proper actions and making value judgements. These guiding principles drive KT&G’s endeavors to undertake a wide range of business ehtics activities to improve employee’s ehthics awareness and encourage their implementation, fulfilling the Company’s social responsibility towards all stakeholders.
Customers (Regarding customers as important/enhancing customer value) , Shareholders/investors (Shareholder value maximization/investors’ interest protection ), Personnel(Fair performance of jobs/mutual respect/ prevention of sexual harassment and protection of company assets/customer information protection and prohibition of insider trading), Company (Respect personnel/fair treatment/cultivate talents/safe work environments ), Country/society(Observance of laws/social responsibility/ environment protection ), Cooperative companies/ Competitors (Fair transactions/pursuit of mutual development )
Ethical management standards
Ethical management organization
At KT&G, intitiatives are undertaken to establish a corporate culture of ethical management under the supervision of the Sustainability Management Headquarters to assist employees in developing proactive ethics.
Compliance Department (established in July 2019) Maintain corporate values by securing sustainable and differentiated competitive edge
- Settle the compliance and ethical corporate culture and play a role as a bridgehead for creating performances
- Spread and encourage execution of compliance
- Spread the Ethical Management culture (training campaign, etc.)
- Discover best practices and prevent accidents
Ethical Management Practice Programs
Diverse programs such as an ethics oath, sexual harassment prevention activities, and the Think Twice campaign are continuously operated for KT&G personnel to establish ethical management.
Pledge on Ethical Conduct / Sexual Harassment Prevention Program / Think Twice Campaign / Dissemination of ethical management to stakeholders / Training on ethical management
Pledge on Ethical Conduct
All employees sign the ‘Pledge on Ethical Conduct’ each year to be fully aware of the Code of Conduct and vow their compliance with KT&G’s ethical management
Sexual Harassment Prevention Program
Stipulate employee’s obligation to prohibit and prevent sexual harassment in the rules of employment based on anti-sexual harassment measures Provide training each year for all employees
Think Twice Campaign
Conduct the Think Twice campaign to encourage employees to abide by ethical standards to prevent ethics incidents from occurring at the company level
Training on ethical management
Provide ethical management training to new hires and executives/managers to establish regulatory compliance and ethical management
Dissemination of ethical management to stakeholders
Create ‘special provisions on business ethics’ with contract parties and add them to the contract in concluding business contracts Survey stakeholders to monitor their satisfaction with doing business with KT&G as well as employees’ unethical practices
Channel for Reporting Unethical Practices
KT&G operates an unethical practice reporting system to establish business transparency and ethics.
If you report any unethical behaviors related to KT&G employees, we will take proper measures and reporterts will be protected.