Whistleblowing Center
Hyosung strives to comply with law and regulations, eliminate unfair infringement of rights of both employees and stakeholders, and contribute to the establishment of a sound transaction order.
Whistleblowing Process
- 1. File the Report
- A disclosure may be reported to the Whistleblowing Process through any of the channels. (Through the Hyosung Chemical Website and Email) When a whistleblowing is submitted, a registration e-mail is sent to the person in charge, at the same time, a report registration completion e-mail is sent to the whistleblower.
- 2. Check the Contents (Registration)
- Upon the assessment of the necessity to investigate, the matter is either replied to the whistleblower as “not applicable for investigation” in case it is not eligible for investigation, or sent to the designated personal for investigation. It may take a prescribed time till we answer for commencing the investigation because the contents of your report shall get through the preliminary procedures such as checking with related departments under the principle of protection of the informant.
- 3. Commence the Investigation and Complete the Investigation
- The investigation is completed through objective fact relevance checking.The action results for the report are registered, and you can check the details of past real-name reports, anonymous reports, and action history.
- 4. Close and Check the Result of Treatment
- The report shall be closed when the discipline is finalized according to the internal regulation after completion of the investigation.In the case of a real-name informant, action details are sent to the e-mail registered by the informant.In the case of an anonymous whistleblower, you can check the action through 'check Anonymous report' page in the "Whistleblowing center".
Report Guidelines
- Reportable Issues
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Violation of the Company’s Code of Ethics and related laws
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Corruption such as demand for and/or receipt of money/compensations
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Fair trade violations and other business-related complaints
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Workplace harassment
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Employee grievances
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Forced and/or child labor, human rights violations
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Lack of transparency in selecting suppliers and subcontractors
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Suppliers/Subcontractors’ grievances
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Illegal and improper use of Company assets
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Manipulation of documents and/or false reporting
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Information security breaches
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Other illegal and unfair activities
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- Informant Protection Principle
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Protects and supports informants based on code of ethics, code of ethics guidelines for practice and human rights policy and principle.
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To invigorate reporting, We protect informants through secret guarantee, disadvantage prohibition, liability reduction.
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The Reporting Center does not disclose any information without the informant's consent and thoroughly protects the reporting information about related stakeholders.
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We provide protection to all those who cooperated in the investigation (i.e. make statements or testimony, provide proofs and data, etc.)
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In case the whistleblower or the person who cooperated face disadvantage due to reporting, they may request for correction and protection.
Then the company shall take all measures to minimize the disadvantage. -
6.
In cases of voluntary reporting, the reporter may be lessened of his punishment despite his wrong doings.
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- Address
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119, Mapo-daero, Mapo-gu, Seoul, South Korea