CRHoldings

The identity of the whistleblower will be kept strictly confidential. However, if it becomes unavoidable for the whistleblower’s identity to be exposed, appropriate measures will be taken to ensure that the whistleblower does not suffer any disadvantages, in consideration of their preferences.

If the company attempts to downplay or cover up the issue, it could severely damage the company’s image as an environmentally responsible organization. Therefore, if a superior is involved in such actions, you must report the matter to the Ethics Department without delay.

Any actions that violate the Code of Ethics will result in responsibility for both the department head who gave the instruction and the subordinate who followed it. Therefore, even if it’s a direct instruction from the department head, the employee should refuse and report the situation to the Ethics Counseling Center.

It is advisable to resolve the issue through direct communication with the individual involved. However, if the situation does not improve, you should consult with the Ethics Counseling Center for assistance.

Yes, the Code of Ethics applies to everyone working for the company, including employees of partner companies, as they contribute to the company’s operations.

Past violations will not be addressed unless the consequences of those actions are still having an impact today. If the effects of past actions continue to be felt, the issue should be resolved voluntarily and promptly to prevent further problems.

Even if the issue can be resolved internally, it must be reported immediately in the following cases:
1) If the situation poses significant harm to the company or society.
2) If there is awareness of the wrongdoing, but no effort is made to correct it.

For example, using company funds to cover expenses after meeting with school alumni at a night club, or taking office supplies from the company to use as school supplies for your children at home.

If you sent the report to people who are relevant to the task at hand, you will not be held responsible. However, if the report was sent to individuals unrelated to the work and caused a problem, you would be held accountable.

You should refrain from using company IT equipment for personal purposes. Specifically, long personal phone calls or creating newsletters unrelated to work during working hours should not be done using company resources.

According to the Act on Preventing Unfair Competition and Protecting Trade Secrets (Article 10, Paragraph 1), the company can take legal action to prevent employees from working in roles related to the company’s technical or trade secrets after they leave. The company also requires departing employees to sign a non-disclosure agreement, which restricts employment with competitors for a specified period.

If the item has enough value to influence the recipient's actions in relation to their duties, it can be considered bribery. Bribery includes not only money, goods, and other material benefits but also any tangible or intangible benefits that satisfy a person’s desires or needs. (For example, if a person with authority over promotions makes someone guarantee their bank loan as a condition for advancement).

You should politely explain the company’s ethical guidelines and respectfully refuse the gift. If it is not possible to refuse, you should express your gratitude and report it to the Management Support Team for proper handling.

If you hold a position that has influence over business decisions, gifts from suppliers should not be accepted, as they could not be seen as merely tokens of goodwill. If you are unable to refuse the gift, discuss it with your department head or report it to the Management Support Team for proper handling.

If you accept the gift with the intention of keeping it, even if you later return it, it still constitutes a violation. However, if you find something that was unintentionally left behind and, upon realizing it, immediately report it to your department head or Management Support Team, it is not considered a violation.

You should reimburse the supplier for the amount they paid on your behalf. You should also inform them that while you appreciate their kindness, you had to take this action to comply with the company’s ethical guidelines.

As long as the meal is within a reasonable and standard level, alternating payments does not violate the ethical guidelines.

If you are involved in the procurement process in any way, you should pay for your own expenses, even if your friend works for a supplier. You should explain to your friend that accepting payments for such activities may put them in a difficult position in terms of the ethical guidelines.

While it might be difficult to decline, you should politely refuse, especially if it involves expensive entertainment such as night clubs. Even if the company covers the costs, it is considered a violation of the ethical guidelines because it can be seen as an attempt to influence your work.

Engaging in gambling or similar activities that involve exchanging money with a supplier is fundamentally wrong, and winning a significant amount can be considered indirect bribery.

Condolence gifts are generally accepted in society, but gifts from suppliers should not exceed 100,000 KRW. Gifts exceeding this amount could influence fair business dealings, so they must be returned immediately.

A congratulatory flower arrangement or plant sent by a supplier should not exceed the usual value of 100,000 KRW. If it does, it would violate the guidelines. Ideally, you should communicate your company’s ethical stance to the supplier and prevent such gifts in the future.

Accepting contributions from a supplier violates the ethical guidelines. If you receive such contributions, you must explain the company’s stance on ethical management and return the items. It is better to organize events within the company’s budget, and intentionally soliciting contributions from suppliers should be avoided.

If your department head received the gift card from a supplier and gave it to the department staff, the department head is initially in violation of the ethical guidelines. However, accepting the gift as a department member also constitutes a violation, so it should be reported to the Management Support Team.

It is generally acceptable to play golf with a supplier if each party pays for their own share. However, as this could influence future business dealings, it is advisable to be cautious and avoid such situations.

You should not promote any kinds of business or products within the company. This would violate the ethical guidelines.