Human Rights
LG Chem respects the human rights of its employees and all stakeholders and strives to fulfill its responsibilities in respect of human rights throughout its management activities.
Our approach
Human Rights Policy
Based on its management philosophy of ‘People –oriented Management’, LG Chem recognizes that respect for human rights is the most important element in its business.
LG Chem joined the UN Global Compact in 2014, and it has been striving to carry out business activities based on the Ten Principles of the UNCG including human rights.LG Chem established and announced th ‘Global Human Rights and Labor Policy’. LG Chem’s human rights policy upholds and supports the philosophy and intent of international human rights provided in the labor law or every country and region that operates international standards and businesses related to human rights labor.
LG Chem’s human rights policy is applied to all global sites where LG Chem perform business and shared with all stakeholders such as customers and suppliers who are directly affected by the business activities of LG Chem.
Human Rights Impact Assessment
LG Chem developed a self- assessment checklist for each area to asses human rights impact within the workplace and analyze risks according to the ‘Global Human Rights and Labor Policy’.
Based on this checklist, we conduct a survey among the subjects of human rights impact assessment, perform an on-site inspection (third-party inspection) along with self assessment and identify the necessary improvements.
Risk Analysis
LG Chem developed a self-assessment checklist for each domain to evaluate and inspect human rights impact at each plant in accordance with the ‘Global Human Rights & Labor Policy’. We conduct surveys using this checklist and execute on-site assessments with third party verification. A feedback report is prepared to come up with matters of improvement. Employees of subcontractors are most vulnerable to human rights violation.
The domains of the assessment indicators include the human rights management system, respecting dignity, prohibition of forced labor, abolition of child labor, elimination of discrimination, labor hours, wage and welfare benefits, and freedom of association and collective bargaining. Primary methods of identifying risks include document review, interview, questionnaire and onsite assessment.