Jeong-Do Management Site Operation
LG Energy Solution operates the Jeong-Do management web site containing the detailed information about Management by Principle such as the LG codes of conduct, Q&A on Management by Principle, etc. Through this website, LG Energy Solution prevents any act of violation caused by the failure to accurately understand the LG codes of conduct and answers all the questions that might arise while carrying out Management by Principle.
Education/Promotion of Jeong-Do Management
LG Energy Solution provides its employees with Jeong-Do Management Training Program, tailored to their duties and positions, to promote ethics. The company provides online programs as well so that all employees can regularly complete Jeong-Do Management training courses. The training courses are also offered to LG Energy Solution’s overseas staff and its partner companies. In addition to training programs, LG Energy Solution strives to firmly establish an organizational culture based on the Jeong-Do Management by promoting relevant activities and sharing instances of violation.
Bribe Receipt Notification System
LG Energy Solution strictly prohibits its employees from taking any monetary rewards or treats from the parties. Notably, it prevents taking any personal gifts, including those for congratulations and condolences. If any of the employees had to take the money or gifts for unavoidable reasons, they are required to return them after submitting a report to the company. If this is not possible, they are required to donate them directly to charitable organizations. If this is also impossible, the company holds an internal auction with the gifts and supports charitable organizations with the profits obtained from the auction.
Online Jeong-Do Management Pledge
LG Energy Solution performs the Management by Principle Pledge for its entire employees online. In this pledge, LG Energy Solution's employees and partner companies vow to comply with the LG codes of conduct and practice Management by Principle every year.
LG Energy Solution operates the Ethics Hotline to report any type of business practices that violate the LG Code of Ethics and Jeong-Do Management principles. Executives, employees, or any party concerned can submit a report via online, postal mail, or fax. LG Energy Solution makes a constant effort to prevent corruption and fraud by its employees while improving irrational systems and work processes.
To conduct systematic and unified Jeong-Do Management practices,
we have installed a dedicated organization called "Ethics Office" that conducts education, publicity, and investigations on reports.
We also operate an independent "Corporate Audit Team" to improve our performance and enhance competitiveness.