Roles and Responsibilities of Compliance Officer / Team
-
Implementation of
compliance standards -
Preventative and
improvement measures
to reduce legal risks -
Formation and
implementation of
compliance education
programs -
Compliance activity
review and result
evaluation
Management Method of Compliance Activities
LG Energy Solution has implemented an unique compliance activities management method - selecting an individual theme as a priority control target. This prioritize management method per theme enables the Team to evaluate the issues, establish the solution, and engage in intensive, in-depth improvement of individual risk.
Core Tasks
-
01
Theme Selection
- Factors to Consider
- - Possibility of occurrence of
an illegal activity - - Effects on the company
- - Legal trends etc.
-
02
Risk Evaluation
- Check current work status,
process - Review document/data
- Conduct the interviews of
relevant parties, etc.
- Check current work status,
-
03
Improvement
Measures
- Establish improvement
measures - Support other departments
- Provide training
- Establish improvement
-
04
Post
Management
- Measure/Evaluate
performance - Provide additional
support (if necessary)
- Measure/Evaluate
Compliance Guidelines
Honesty and integrity for our customers
- Responsible marketing
- Product safety
- High Product/Service standards
- Privacy and data protection
The best organization for our employees
- Fair employment
- Respectful workplace interactions
- A healthy and safe workplace
Fair dealing for our business partners & the market
- Responsibly gathering competitive information
- Proper use of other’s information
- Fair competition
- Fair competition: dealing with competitors
- Fair competition: dealing with channel partners and suppliers
- Fair competition: careful communication
- Respect for others’ intellectual property
- No bribes or improper payments
Caring for our communities
- Environmental protection
- Responsible international trade
Superior returns for our shareholders
- Information security and confidentiality
- Protection of company intellectual property
- Proper electronic communication
- Good record keeping and retention
- Responsibly handling inside information
- Careful public disclosure