Compliance

LG Energy Solution has established a Compliance Management System (CMS) that identifies and prevents compliance risks in major business processes, such as quality, environment and safety, and information security. In November 2021, we were the first in the global battery industry to acquire ISO37301 certification, a global benchmark of an effective compliance system.

We will enhance our transparency and credibility to various stakeholders, including our customers, and gain a competitive edge in compliance over other global companies.

Overview of Compliance Management System (CMS)

LG Energy Solution has appointed a Compliance Officer to oversee the company's compliance activities. Under their command, the Compliance Team was installed to operate the compliance management system. The Compliance Team operates the Compliance Management System (CMS) in collaboration with each business practice area.

Operating the Compliance Management System (CMS)

LG Energy Solution's Compliance Management System (CMS) identifies and evaluates compliance risks every year and establishes compliance goals to address and prevent them. They monitor violations and/or illegal activities and carry out evaluations to continuously improve CMS.

  1. Identifying
    and evaluating
    compliance risks

  2. Establishing
    compliance goals

  3. Risk prevention
    and improvement

  4. Monitoring and
    Inspecting compliance

  5. Evaluating and
    improving CMS

Compliance Management System (CMS)

Upgrading the Compliance Management System (CMS)

LG Energy Solution aims to operate an integrated CMS and improve our compliance management. To this end, we will foster compliance experts, establish and revise policies and rules, operate a compliance system, constantly monitor and inspect, and adopt a compliance-oriented organizational culture.

  1. 01

    Build a consultative body
    on compliance


    Fostering compliance experts through training by external specialists
  2. 02

    Policies


    Revision of compliance guidelines, control standards, and manuals; Delivering compliance messages from management
  3. 03

    System


    Digitalization of compliance management system through the compliance portal
  1. 04

    Process


    Constant monitoring/ inspection and improvement through the compliance portal
  2. 05

    Organizational Culture


    Establishing a corporate culture of compliance management by building CMS in overseas subsidiaries