LG Chem does not tolerate any form of corruption or bribery. Our principles in this regard are firm, and LG Chem manages corruption risks by establishing an anti-corruption management system to protect customers’ trust in integrity and honesty.
LG Chem has established and implemented principles, regulations, practice guidelines, and checklists for anti-corruption. All employees are required to complete mandatory anti-corruption training as well as make anti-corruption pledges every year. In addition, LG Chem has established pre and post control procedures including anti-corruption inspection system to manage corruption risks of its internal organizations and business partners. Corruption risk management is designated as an important compliance control activity, and measures are continuously taken to identify and evaluate risks and prevent such risks from occurring.