● Certified with ISO 37001, an anti-corruption corporate management standard published by the International Standard Organization (ISO)··· rolling out an industry-leading ethical management system

​● ​Continuing with their endeavors to foster transparency in corporate culture, establishing an anti-corruption code of conduct and deploying an ethical management 3C system

SKC (CEO & President Woncheol Park) announced on March 2 that the company was certified by the Korea Management Registrar (KMR) with ISO 37001, a global standard governing anti-corruption corporate management system.

The certificate award ceremony held at SKC head office in Jongro-gu, Seoul was attended by distinguished guests including Head Kapryong Choi of ESG Promotion Division at SKC and President Eunju Hwang of KMR to name a few. ISO 37001 is the international standard published by the International Standard Organization (ISO) in 2016 that provides for anti-corruption management processes and requirements.

Upon winning the ISO 37001 certification after a rigorous assessment, SKC is officially recognized for rolling out an anti-corruption management system that satisfies the requirements of applicable global standards. To win the certification, SKC developed risk controls and prevention systems after identifying and assessing enterprise-wide corruption risks in the second half of last year, laying the groundwork for operating the anti-corruption corporate management system.

Prior to the ISO 37001 certification, SKC continuously upgraded its ethical management infrastructure. The company kept on with its efforts to foster a fair and transparent corporate culture, establishing an anti-corruption code of conduct and building the so-called ethical management 3C system founded on three pillars: Code; Compliance; and Consensus. Anti-corruption training programs covering all SKC people including outside directors were also in place.

With demand for ethical corporate practices mounting both at home and abroad, SKC vows to press ahead with its anti-corruption endeavors. In particular, the company plans to extend the coverage of anti-corruption training programs to local workers in the overseas construction sites of its investors and business partners in Korea and elsewhere in a bid to bolster up ethical management capabilities, aspiring to reduce anti-corruption incidents to zero by 2025.

“The ISO 37001 certification is tantamount to the official recognition of SKC’s success in rolling out an enterprise-wide anti-corruption management system satisfying global standards,” said an official at SKC. “We will remain determined to win greater trust from stakeholders by fostering fairness and transparency in corporate management.” [End]​

[SKC won the ISO 37001 certification, a global standard certification for anti-corruption corporate management system. SKC’s Kapryong Choi, head of the ESG Promotion Division (left), is receiving the certificate from KMR President Eunju Hwang]